Sunday May 31, 2020

Belfast start-up targets hedge fund industry

Yedup’s system can analyse 100,000 social media posts per second

13th November, 2016
Pictured receiving their Company of the Year award at the annual Propel Programme Awards are Paul McWilliams and Dr Martin Spollen, founders of Yedup, alongside Tracy Meharg, Invest Northern Ireland and Lara Morgan, guest speaker at the eventBrian Thompson

Belfast start-up Yedup has the global hedge fund industry in its sights, having developed analytical software that can extract from social media information of use to traders on a second-by-second basis.

Established last February by Paul McWilliams and Martin Spollen, Yedup’s system can analyse 100,000 social media posts per second, generating information on investor and consumer views on companies, industries and financial services.

The start-up has completed beta testing with one quantitative hedge fund...

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