HK Startups Amareos, Oddup Build Sentiment, Research Apps for Eikon Users

Amareos builds tools that utilize the Thomson Reuters-MarketPsych indexes to analyze more than 2 million articles a day from news sources, blogs, forums and social media platforms, and creates sentiment indicators for more than 9,000 underlying instruments in various asset classes. Amareos then uses "emotional indicators" expressed in these content sources, such as joy, fear, and anger, to enable investors to assess the psychological state of global markets.

Oddup is a data-driven research platform that provides analysis and ratings on startups. It rates Asian startups with an "Oddup Score" based on a company's product, team, competitors and growth potential. It integrates with Thomson Reuters' financial data on publicly listed companies to provide comparisons between a startup and a publicly-listed company.

This is the first time that any Asian third-party developer has created an app within Eikon and made it available for distribution to Eikon users directly.

"The new apps mark our first significant step towards engaging third-party fintech developers in Asia to drive innovation and to create unique differentiated contents for Eikon users," says James Mirfin, managing director for North Asia at Thomson Reuters, in a statement. "By combining our company's technology and data with Amareos' and Oddup's apps and expertise, our clients will benefit from more choices and knowledge to aid them in making more informed decisions."