Scout Exchange Builds Experienced Management Team To Expand Its Disruptive Electronic Recruitment Marketplace

Boston, MA (PRWEB) May 28, 2013

Newly formed Scout Exchange LLC announced today the appointment of an experienced management team of proven leaders and industry veterans to accelerate the growth of Scout, the companys innovative electronic recruitment marketplace.

The leadership team includes Chief Executive Officer Ken Lazarus, a proven leader and technology executive, and President and Founder Sean Bisceglia, an experienced entrepreneur and staffing technology industry veteran. In addition, the company announced the addition of Jason Luce as Vice President of Engineering and Martha Fitzpatrick as Director of Product Management, both experienced staffing technology industry executives.

Scout Exchange develops, markets and operates Scout, the worlds first and largest electronic recruitment marketplace for the multi-billion dollar talent acquisition industry. Scout employs sophisticated natural language processing, Big Data analysis and proprietary matching algorithms to connect employers filling open positions with expert recruiters best able to fill them. In addition, Scout is integrated directly into the industrys leading applicant tracking systems for ease of use and broad market reach.

Prior to joining Scout, Lazarus was CEO of Lilliputian Systems, where he continues to serve as Chairman. Lazarus has founded and led several successful technology companies, including as Founder and CEO of ACX (#79 on the Inc. 500 list of fastest growing private companies before being acquired by Cymer), and as a founding Board Member of DataXu and Ekotrope. Lazarus holds BS in Engineering from Duke University and a Masters and Ph.D. in aeronautics and astronautics from the Massachusetts Institute of Technology.

Im thrilled to be involved with such an exciting opportunity and an organization of this caliber, with its talent, energy and innovation, Lazarus said. By giving employers access to the best recruiters and recruiters access to jobs they are expert at filling, the Scout marketplace offers tremendous value and is poised for explosive growth. And, with our applicant tracking system partnerships, we expect Scout to quickly becomes an integral part of the electronic recruiting and talent acquisition landscape.

Bisceglia is a proven technology company entrepreneur with over twenty years experience in the staffing industry. Prior to Scout, Bisceglia was CEO of TalentDrive, the leading API resume sourcing technology company, which was sold to Aquent. In addition, Bisceglia was a Founder of TFA, a marketing technology company sold to Leo Burnett, and CEO of CPRi, which he grew into a nationally recognized staffing firm that was also sold to Aquent.

Scout provides a unique opportunity to create, together with our industry partners, a new electronic recruiting marketplace. It is extremely exciting to fill such an important market need in the recruitment industry with a best-in-class technology solution, Bisceglia said. Our organization has the industry knowledge and technology infrastructure, and now the executive expertise, necessary to successfully deliver Scout to the market and positively impact the world of recruitment technology.

Jason Luce was previously a Senior Director of Engineering for Monster Worldwide and Martha Fitzpatrick was previously a Director of Product Management at Kenexa and Product Owner for Globoforce in the United States and Ireland. The combination of Luces world-class expertise in developing recruiting software and working with Big Data plus Fitzpatricks deep understanding and insight into the needs of corporate recruiters, provides the leadership team with significant additional depth and experience.

About Scout Exchange

Scout Exchange LLC develops, markets and operates Scout, the worlds first and largest electronic recruitment marketplace for the multi-billion dollar talent acquisition industry. Scout employs sophisticated natural language processing, Big Data analysis and proprietary matching algorithms to connect employers filling open positions with expert recruiters best able to fill them. In addition, Scout is integrated directly into the industrys leading applicant tracking systems for easy of use and broad market reach. The combination of Scouts leading edge technology platform, sophisticated algorithms and tight integration, provide an electronic recruiting marketplace that delivers unparalleled value to their rapidly expanding customer bases. Scout is located in Boston, MA, Chicago, IL and on the web at

Behavioural Models & Sentiment Analysis Applied to Finance

Behavioural Models & Sentiment Analysis Applied to Finance
Event on 2013-07-02 09:00:00

Sentiment analysis has developed as a technology that applies machine learning and makes a rapid assessment of the sentiments expressed in news releases. News events impact market sen-timent and financial news moves stock prices through a direct impact on a company’s expected future cash flows. This conference presents the current state of the art. It also explains how to ap-ply Sentiment Analysis to the respective models of trading, fund management and risk control. The conference will present in a summary form the research results in this fast-emerging field.



Preliminary Programme


Day  One: 2 July 2013


Text Mining for Systemic Risk

Sanjiv Das, Santa Clara University

Tools and techniques for text-mining to generate sentiment indexes, and assessment of predictive value


Network Finance Models

Sanjiv Das, Santa Clara University

Social network models in Finance. Illustrative applications to research in private equity, systemic risk. 


Trading Across Multiple Asset Classes Based on News Sentiment

Peter Hafez, RavenPack

Over the past few years, significant improvements have been made in the domain of sentiment analysis, and in understanding its impact on financial markets. Having primarily focused on equities, news analytics is now finding its way into other asset classes including FX and commodities. Peter Hafez  covers some of the latest research results of applying news analytics to finance. The presentation is backed up by a number of empirical studies covering (i) short-term Forex trading and (ii) longer-term stock selection


Panel 1: Adoption of sentiment analysis in fund management and trading strategies

Chairperson: Armando Gonzalez, RavenPack

Panellists include:

Peter van Kleef, Lakeview; Sanjiv Das, Santa Clara University; Gautam Mitra, OptiRisk

Other panellists to be invited


Inside the Global Brain: How sentiment trends in news and social media influence global equity and currency values

Richard Peterson, MarketPsych

"Achetez aux canon, vendez auz clarions" [Buy to the sound of cannons, sell to the sound of trumpets]

~ Attributed to Baron Nathan Rothschild, 1812.

Rothschild’s quote captures the essence of a contrarian country investment philosophy – the best time to invest in a nation is during a period of war or panic, and the best time to sell is during a time of contentment and celebration. The convergence of natural language processing, cloud computing, and map reduce architectures (big data), allow the quantification of real-time information flow into numerical streams useful in quantitative analysis. This presentation examines studies performed on a country-level sentiment data feed and concludes with a review of the impact of both country and currency sentiments on future global equity and currency pricing.


Overview of Sentiment Analysis applied to Finance

Gautam Mitra, OptiRisk Systems


New research results of sentiment analysis

Jacob Sisk / Aleksander Sobczyk, Thomson Reuters


Day  Two: 3 July 2013


Case Studies and Technology Overview


Case Study 1: TBA


Panel 2: Order Books, News Flows, News Metadata, Market Data: Predicting directional properties and volatility of asset prices

Panellists to be confirmed


Introducing Sentiment in the Predictive Analysis of Asset Behaviour: Return, Volatility and Liquidity in an Intra-day Setting

Xiang Yu, Researcher News Analytics; Keming Yu & Gautam Mitra, Brunel University.

We report an empirical study of a predictive analysis model for equities; the model uses high frequency (minute-bar) market data and quantified news sentiment data.  The purpose of the study is to identify a predictive model which can be used in designing automated trading strategies. Given that trading strategies take into consideration three important characteristics of an asset, namely, return, volatility and liquidity,  our model is designed to predict these three parameters for a collections of assets (finance industry stocks). The minute-bar market data as well as intraday news sentiment metadata have been provided by Thomson Reuters. 


Case Study 2: TBA


Panel 3: Social media meta data, trust, information leakage: impact on trading and compliance

Panellists to be confirmed


Case Study 3: TBA


Case Study 4: TBA


at Fitch 7 City Learning
4 Chiswell Street
City of London, United Kingdom

New Innovations in Analytic Tools by Bitext Software are Making a Big Splash

Louisville, KY (PRWEB) May 29, 2013

New innovations in analytic tools by Bitext software are making a big splash, says and Stephen E. Arnold, publisher of the influential search industry blog Beyond Search. The concept of sentiment analysis is a new focus of text processing companies, and Bitexts integrative approach is making sentiment analysis available to companies seeking to capitalize on its benefits while avoiding burdensome implementation costs.

In an uncertain economic environment, additional expenses are scrutinized. Not surprisingly, organizations that want to be in step with the data implications of the shift to mobile devices want a solution that works well and is affordable.

Fortunately, Bitext has stepped forward with a semantic analysis engine that focuses on complementing and enriching existing systems, rather than replacing them, Arnold said.

Bitexts sentiment analysis engine analyzes local sources of user comments to deliver an opinion and sentiment snap-in, together with topic categorization, a huge step forward in aggregating data. Bitexts system processes contents from user-generated reviews as well as more traditional data such as information in a CRM solution or a database of agent notes. One important step forward for Bitexts system is its inclusion of trends analysis.

For example, when in a city searching for a restaurant, a user can display the locations and consumers assessments of nearby dining establishments. Bitexts engine will go beyond the standard review and overall star scoring, and add to that details on the topics touched in the review and with what sentiment. This information is backed with a detailed list of opinions, positive and negative. Bitext also adds a sentiment score topic in the review, for each restaurant or shop identified on the map.

After his three lectures at the US enterprise search summit, Arnold said, Bitext has moved the state of the art forward with regard to sentiment analysis. Bitexts approach reduces implementation costs and makes next generation text-processing functions available where barriers previously existed.

The system can aggregate ratings and complex opinions on shopping experiences, events, or restaurantsany local issues. Bitext also boasts social media savvy. The system can process content from Twitter, Google+ Local, FourSquare, Bing Maps, and Yahoo! Local, among others, easily integrating with any of these applications.

The sheer flexibility of the product is a huge plus. Unlike other systems, Bitext presents an easy-to-understand and easy-to-use way to get a sense of what users really have to sayincluding in a variety of foreign languages.

For more information, visit or

About Bitext

Bitext provides B2B multilingual semantic technologies with probably the highest accuracy in the market. Bitext works for companies in two main markets: Text Analytics (Concept and Entity Extraction, Sentiment Analysis) for Social CRM, Enterprise Feedback Management or Voice of the Customer; and Natural Language Interfaces for Search Engines and Virtual Assistants. Contact information is available at

About Stephen E. Arnold

Stephen E. Arnold is a technology and financial analyst with more than thirty years of experience. In addition to Google: The Digital Gutenberg, he is the author of more than 50 journal articles and a number of other books, including Internet 2000 and the first three editions of the 600-page encyclopedia of search called The Enterprise Search Report. His newest studies of open source search are available from one of the global leaders in technology consulting, IDC. Visit Beyond Search at for more information about an audio version of his 2013 Cebit lecture, and for his free Augmentext information services: The Trend Point, EMRxNow, RxScriptMD, and Gourmet de Ville.

Cognitive Code Sets Goal Commercializing SILVIA Technology

Sherman Oaks, CA (PRWEB) May 30, 2013

Cognitive Code, a technology company specializing in conversational Artificial Intelligence, is making plans to unveil its patented artificial intelligence (AI) technology to commercial developers, according to John Albert, COO of Cognitive Code.

Profiled in Forbes as a technology that could take on a major role in the way we search and organize our lives, SILVIA, the name of Cognitive Codes flagship AI technology, stands for Symbolically Isolated Linguistically Variable Intelligence Algorithms, said Albert.

The company has been in stealth mode since first launching SILVIA in 2008 according to Albert. We permitted licensing and testing to only a select group of early adopters, which has included the likes of Northrop Grumman, the global security defense contractor responsible for providing innovative technologies and solutions to the U.S. Military.

Cognitive Code is preparing to open up the SILVIA platform to commercial developers with the unmasking of SILVIA and its capabilities via a demo video, first released to a select industry group, and now on the companys website at, ” he noted.

Developers will discover the state-of-the-art system for building smart, conversational apps is incredibly lightweight for creating natural language applications, said Albert. He added that its also been optimized for rapid deployment in multiple languages. SILVIA runs natively on your devices, so there are no concerns about privacy. This also means you dont need an internet connection. But, Albert notes, Cognitive Code also provides a server solution for developers who require online interaction. Said Albert, the potential is incredible.

Albert also anticipates commercial adoption could be quick as SILVIA can run on virtually any platform including Windows, Android and iOS without the need for expensive infrastructure and with a tiny footprint (5MB or less). There are unlimited uses for SILVIA in many different applications from car telematics, games, mobile, and education and its as vast as your imagination, he said.

Remember that SIRI can only be found on Apple products, he added, but where can other companies find a conversational AI for their products? Albert feels SILVIA is the most advanced, flexible, fully conversational, natural language processing tech of its kind. SILVIA can multi-task, engage in real conversation. She can be serious, playful or snarky, and can think for herself as well as actually taking proactive steps to make life better for users whether it is automatically ordering coffee or sending a spouse a text message to apologize for being late.

As a developers tool, Albert adds, The potential applications of SILVIA are virtually endless. This is certainly an exciting time for our company.

Said Albert, Google I/O 2013 was jam-packed with new features and tools for developers and marketers. Were looking forward to joining the fray of being a game changer. Google Glasses may certainly be a unique and trendy development in the tech world, but in comparison SILVIA has the potential to be one of the most evolutionary technologies to impact our everyday lives.

Similar technologies in the field include IBMs Watson and Apples Siri, but Albert feels they dont compare. SILVIA goes beyond SIRI and Watson, she is nimble and sophisticated in comparison and I think developers will be pleased when they start exploring all her capabilities, said Albert.

Danny OShea, CEO of venture capital firm Channel Mark Ventures, an investor in Cognitive Code, noted that SILVIA was one of the most positive disruptive technologies weve ever seen. Its potential to impact business and consumer technologies is absolutely mind blowing and an absolute game changer.

About Cognitive Code

Cognitive Code is a privately-held company specializing in the development and deployment of practical conversational artificial intelligence systems, based on proprietary patented SILVIA technologies. SILVIA is a complete system for the development and deployment of intelligent applications to most computing platforms or operating systems, with a technological ability that allows humans to interact with computers in completely natural and intuitive ways.

For more information, contact Mimi Chen at (855) 521-0894 EX3


Telligent Partners with SoCoCare for Social Customer Service that Increases Agent Productivity and Enhances Customer Experience

Dallas, TX (PRWEB) May 23, 2013

Telligent, a leading provider of social community software for the enterprise, today announced its partnership with SoCoCare for social customer service. Designed specifically for customer care agents to provide support over multiple social channels, SoCoCares cloud-based offering rolls-up listening, engagement and social analytics into one social command center that increases agent productivity. SoCoCare enhances Telligent-powered communities with all of the customer care tools that agents need to deliver effective social customer service.

By partnering with SoCoCare, Telligent can provide customer care teams with insights about their social support initiatives, enabling organizations to increase agent productivity and lower support costs. SoCoCares all-in-one natural language processing, decisioning, social network aggregation, listening, analytics and influence tools for customer care combined with Telligent will save agents time and enable them to quickly respond to the people who matter most, said Jon Allen, Director of Strategic Alliances for Telligent.

Telligent and SoCoCare are developing deep integrations to bring community traffic into SoCoCares platform, providing a singular console for agents and supervisors to seamlessly drive agent responses back through Telligent communities. Additionally, Telligent community content will be available as resources for agents to push knowledge base responses out to social channels, such as Facebook and Twitter, as well as to community authors – all through the SoCoCare platform.

SoCoCare and Telligents partnership helps companies deliver an exceptional level of social customer service, across social channels. Whether its peer-to-peer support happening in online forums or agents listening and responding to service issues on Twitter, the combination of SoCoCare and Telligent means faster response times and happier customers, said Jonathan Russell, Vice President of Channels and Strategic Accounts of SoCoCare.

About SoCoCare

SoCoCare is part of the Hyfiniti portfolio of cloud-based customer care offerings including InAppCare (Mobile Customer Care) and Hold-Free Networks (Callback and Queue Management). SoCoCare products are developed to deliver a more dignified customer service experience over social channels. The company was founded by a group of contact center and cloud-offering professionals who understand today’s socially connected, smartphone savvy, and generally demanding customer. Learn more at

About Telligent

Telligent powers online communities and enterprise social networks that are essential to business. Global brands including Cadbury, Dell, Investec, Microsoft, Oxfam, Rackspace, Sitecore and Susan G. Komen for the Cure trust Telligent to transform their business with social. Telligent software helps companies empower their customers, employees and partners with social collaboration tools that drive real business value: higher sales, lower costs and bigger ideas. Our commitment to customer excellence is matched only by our dedication to community service, a people-first philosophy that defines our brand promise. For more information, visit or connect with us on Twitter and Facebook.

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