NEW YORK & SINGAPORE--(BUSINESS WIRE)--Predata, the predictive analytics company for anticipating geopolitical risk, announced today that it has partnered with Singapore Exchange (“SGX”) to provide a select set of Predata signals on iron ore to Singapore Exchange’s Titan OTC Platform. These signals are now available on the platform.
Titan OTC is a broker assisted over the counter (OTC) order management and information platform, designed to streamline OTC workflows and facilitate market information dissemination. Through the new partnership, Predata is providing Titan OTC users with a set of signals on iron ore to complement Singapore Exchange’s international iron ore derivatives products. Selected from Predata’s wide range of predictive analytics offerings, these signals are designed to enable users to more easily incorporate geopolitical risks into their commodities portfolios - in this case, by detecting early indications of supply concerns ranging from production factors to raw materials, to shipping infrastructure.
“Predata has gained a lot of traction with customers trading commodities. We are excited to be selected by the Singapore Exchange, the world’s biggest marketplace for seaborne iron ore derivatives, to make some of our insights on iron ore available to their customers,” said Hazem Dawani, CEO of Predata.
Daniel Hildebrand, Head of Digital Services at SGX, said, “Our priority is to continuously innovate and enhance our client offerings and give them access to the most helpful information at the right time. Our range of commodity products, including iron ore, continues to be some of our most highly-traded products, with investors increasingly turning to iron ore for macro exposure to the Chinese economy. Predata’s predictive analytics is a great addition to the SGX platform and we are confident our Titan OTC customers will welcome the unique and forward-looking insights.”
Predata has recently been recognized as the newest addition to the CME Group’s DataMine platform. The company has also been noted for successfully preparing its customers for several recent geopolitical events. Predata’s early indications of coronavirus cases in Italy and the resulting market sell-off was featured on the TD Ameritrade Network. Earlier this year the company was also cited in Reuters for correctly assessing the overreaction in the market following last September’s attacks on Saudi oil facilities.
For more information about Singapore Exchange and Titan OTC, please visit: https://www.sgx.com/derivatives/platforms. To learn more about Predata solutions and use cases, please visit predata.com.
Predata is the leading AI-company for uncovering predictive behavior in online activity. The company has built the world’s most comprehensive predictive analytics platform for geopolitical risk, enabling customers with global exposure to discover, quantify, and act upon dynamic shifts in online attention. The Predata platform provides users with quantitative measurements of digital concern and predictive indicators for thousands of factors covering any given country, operational footprint, economic trend, or other area of interest. For further information, visit www.predata.com or follow us on Twitter @predata.
About Singapore Exchange
Singapore Exchange is Asia’s leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. As Asia’s most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and over 80% of listed bonds originating outside of Singapore.
SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in AAA-rated Singapore, SGX is globally recognised for its risk management and clearing capabilities. For more information, please visit www.sgx.com.