A risk assessment measurement system drawing on data from financial news feeds is in a testing phase with end users such as private investment banks, investment funds and pension funds. With the help of funding from the EU’s Eurostars Programme to encourage research and development by SMEs, a consortium of 3 medium-sized businesses from 3 EU countries has together developed the NORM system, which automatically analyses financial news and helps companies manage risk in their investment portfolios.
from EUROPA - Syndicated Research News Feed http://ift.tt/1PUsAvZ
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