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Almax Analytics appoints strategic adviser

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Almax Analytics, a software as a service (SaaS) provider delivering actionable insights from Big Data, has appointed Ralf Roth to its advisory board.

Roth spent nearly 20 years as a Deutsche Bank executive and another handful leading Elektron at Thomson Reuters.
He will support the company from his New York offices.
“I am proud to be part of the Almax team as their approach of applying natural language processing and deep machine learning to news data is unique and makes an existing dataset more relevant as a trading signal,” says Roth (pictured). “What is even more exciting is the fact that Almax’s engine is not limited to news information or other financial data sets; it can be applied to a large variety of data universes within the context of Big Data processing.”
Almax Analytics solves the problem of information overload with deep AI tech that is able to process an unprecedented volume of news. This explosion of Big Data from where it originates and is disseminated has created a window of opportunity to trade on new detailed information in filings and in news. Through cutting edge NLP, machine and deep learning and the lowest possible latency Almax offers the financial community a novel tool and resource to use a previously untapped source of information. 
“We welcome Ralf Roth to the Almax team as he has an extremely strong track record of success in the financial markets space, especially with new technologies," says Balazs Klemm, chief executive of Almax Analytics. "He is a huge asset to our advisory of global minds and we look forward growing the company with his support."

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