LexisNexis has acquired Datops, which provides analytical services for financial services and public organisations.
LexisNexis believe the purchase of Datops technology will allow it to offer clients to search news services like Financial Times, Le Monde, The Guardian, The New York Times and The Economist faster and to identify market trends, financial risks and the effectiveness of research and development initiatives. The text analytics software of Datops will be combined with LexisNexis current product offerings.
The technology Datops uses can scan and analyse unstructured information from multiple formats such as audio and video as well as multiple languages. The data itself can be assessed by the Datops software for tone, origin and source credibility, presented through a customisable dashboard interface.
“The addition of Datops to LexisNexis analytics enables information-driven organisations to derive actionable intelligence,” said Rob Veneboer, Managing Director of LexisNexis Europe for Corporate and Public Markets.
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