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Insight from FiND: Did you MISS the recent opportunity to short Facebook?

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FiND, an alternative data platform, analyses news + data from thousands of sources (including social media) in real time. We have a clear focus on reduction of the information arbitrage by “discovery and analysis” of the news flow in real time. Our proprietary Sentiment Engine analyzes news by applying NLP and various business rules to capture underlying sentiment (positive/ negative/ neutral) accurately.

Earlier this week, the shares of Facebook were beaten down at the Wall Street due to a privacy failure by the social media giant. It’s surfaced that Cambridge Analytica improperly used the data of 50 million Facebook users to manipulate voters in US Presidential Election 2016.

News reports highlighting concerns over privacy of FB users’ data and misuse of social network platform have been making the rounds across mainstream media for months now. The negative media coverage highlighting these concerns gathered momentum during this month. However, the stock corrected sharply only after the media reported the misuse of FB users data by Cambridge Analytica. We highlight some of the news items captured by FiND below:

FB NEWS FLOW
[Image 1: Company News Screen for FB]
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Credit Risk: Under the Spotlight!

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We highlight – via a series of posts on Credit Risk Management (Read the  prelude –  “Risk Management : How Can we Help You?“) – the ever-growing challenge of credit risk in financial institutions, the benefits of real-time analytics and the wave of change that can be brought about with Heckyl’s unique capabilities. We bring to you the first post, from the series.

The credit crisis of 2008 and resulting failures of high-profile firms proved to be a major wake-up call for financial institutions to put Credit Risk Management under spotlight.credit score image

Exposure to the probability of default by their debtors, also called as Credit Risk, is the major risk the global banking system is facing today. In the current volatile market condition, where Indian companies are confronted with issues like demand slowdown, unfinished projects set up at inflated costs, lengthening working capital cycle squeezing cash flows, it is not uncommon for an institution to default on payments. This leads to huge non-performing loans sitting on the banks’ balance sheets.

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