Santa Clara, CA-based research and data analytics provider, GTCOM Technology Corporation (GTCOM-US) recently announced that it has released its sentiment data from Chinese sources on key companies, economic activity and themes on Bloomberg’s Enterprise Access Point data platform.
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Leveraging its advanced Natural Language Processing (NLP) and machine learning technology, GTCOM-US has provided Bloomberg users with access to sentiment data from China along five categories, including Global Luxury Brands, the Technology Media Telecom Sector, as well as a Russell US 3000 Aggregate category. The new GTCOM-US dataset enables users to monitor sentiment trends regarding specific companies, sectors or thematic issues from Chinese sources.
Thomas Nigro, Head of North America of GTCOM-US comments “Our huge volume of alternative datasets, combined with our advanced NLP and machine learning technology, makes it clear and simple for investors to extract signals from our sentiment data which genuinely generate alpha. We’re thrilled to be the first provider of this kind of data on Bloomberg Enterprise Access Point. We’re spearheading competitive edge by enabling global investors to be at the forefront of market changes in real time. This work with Bloomberg marks a key milestone within our mission of being the gateway to China. Our goal is to bridge the gap between the East and the West by providing global investors with robust Chinese data utilizing advanced technologies that will help them realize the true value from alternative data.”
Global Tone Communication Technology Co., Ltd. (GTCOM) is a Beijing based fintech and research data analytic company. With advanced NLP and sematic computing technologies, GTCOM mines and analyzes massive global data, builds industrial knowledge graphs, algorithm models and visualization platforms for finance, technology, industry, smart city, consulting and multiple other sectors, and provides global corporate users with comprehensive cutting-edge scenario-based solutions.
Founded in 2018, GTCOM Technology Corporation (GTCOM US), the US subsidiary of GTCOM, is headquartered in Santa Clara, CA, and is a Fintech focused on AI derived research, data and analytics for the financial and capital markets industries. With advanced NLP technologies and considerable experience extracting and analyzing alternative data, GTCOM-US helps clients identify proper data sources, categorize and tag unstructured data, create and evaluate datasets, and deliver in-depth value in the form of datasets, dashboards, and analytic reports.
One example of the type of alternative data GTCOM-US collects is evident in the above GTCOM-US China Rework Index which shows how Chinese economic activity has responded so far in 2020 when compared to the prior two years. The above index shows that 44 days following the 2020 Chinese New Year (January 25th, 2020) economic activity was only 67% of the pre-holiday level, compared to 2018 and 2019 when economic activity in China rebounded fully in just 20 days.
The launch of GTCOM-US’ Chinese sentiment data on Bloomberg’s Enterprise Access Point platform makes considerable sense for both parties as Bloomberg tries to scale its alternative data offering, and as GTCOM-US looks to expand its presence in the alternative data and AI space for buy-side clients.
While sentiment data is one type of widely used alternative dataset, it is interesting that GTCOM-US decided not to provide any of its other alternative data through the Bloomberg portal. GTCOM-US currently collects and markets a variety of China sourced alternative data including sentiment, e-commerce, supply chain, Chinese online hiring, China A-Share Risk, and ESG data on China A-Shares. Perhaps, the availability of this recent dataset is just the first in a series of data offerings GTCOM-US is planning to launch on Bloomberg.