Per our press release about Collective Intellect’s engagment with Royal Bank of Canada to provide a customizable, real-time information to users of RBC’s direct investing Web site, Tim Wolters was contacted by Katherine Heires, a correspondent with Securities Industry News, who was interested in CI’s statistics and semantic-based algorithms.

Rather than using natural language processing, which “teases out” the meaning of postings, Boulder, Colo.-based Collective Intellect says it determines sentiment with statistics and semantic-based algorithms. “Trying to derive or score sentiment out of unstructured text is a hard problem,” says Collective Intellect founder and CTO Tim Wolters. There is room for improvement in sentiment filtering, he acknowledges, but the current technology is reliable when analyzing data about active securities. “For stocks that are heavily traded and posted, we are a pretty good indicator,” he asserts.

Please go to SI website for the full article.

Securities Industry News (www.securitiesindustry.com) is written and edited for securities operations, technology and processing services professionals worldwide. The bi-weekly publication provides continuous coverage of the latest financial technology advances in the Internet.

Tags: Public Relations, Reputation Management, Social Media Analytics //