The latest technology news in the wealth management sector from around the world.

Dow Jones, Oliver Wyman
Dow Jones has partnered with consultants Oliver Wyman to launch Factiva Sentiment Signals, which trawls thousands of news stories to predict risks up to three months ahead.

Employing AI and natural language processing developed by Oliver Wyman, the solution can analyse thousands of global news sources in Factiva to identify indicators of emerging risks such as financial distress, operational disruption as well as liquidity and fraud concerns. 

The signal that is generated by the offering allows organisations to monitor, anticipate, and take action against credit events before they damage businesses.

“Against a backdrop of economic volatility, corporations and financial institutions need to stay ahead of corporate credit risks that may leave their businesses exposed,” Traci Mabrey, general manager of Factiva at Dow Jones, said.

“Trusted news and journalism can be a valuable indicator of potential business disruptors – but with hundreds of thousands of articles published every day, extracting meaningful insights from newsflow poses a challenge.”

Ian Shipley, partner at Oliver Wyman, added: “It can be used by credit officers, investment managers, treasurers and also people who operate in supply chain management.”