State Street Announced Verus - A Mobile Solution to Help Investment Professionals Assess Their Portfolio Exposure to Breaking News

State Street Corporation today announced the launch of State Street Verus, a mobile-first application that makes connections between news coverage and investors’ holdings through the application of big data, machine learning, natural language processing and human intelligence. Verus is designed to help investment professionals in the front office gain greater insights, mitigate risk, and generate alpha.

Verus gathers coverage from thousands of major global, English-language news publications and combines machine learning algorithms with portfolio data from truView, State Street’s end-to-end risk analytics platform, to curate users’ newsfeeds.