US firm launches intelligence gathering web tool

US firm Alacra has launched a web application that extracts relevant intelligence and information from web-based news alerts, headlines and press releases.

Alacra PulsePro claims to accurately extract pertinent business events, including analyst comments, CEO remarks, M&A rumours and debt restructurings from web content and traffic.

The firm has designed the application as an awareness and idea generation tool for wealth and asset managers, investment bankers, and professional services executives. It improves upon incumbent intelligence gathering solutions with a proprietary, four-step insight distillation process: source curation, event detection, semantic analysis, and human editorial oversight.

"The volume of useless information a business professional needs to plow through each day is staggering," commented Steven Goldstein, CEO of Alacra, Inc. "By carefully vetting our sources and accurately extracting key business events, PulsePro dramatically improves the signal-to-noise ratio."

Originally released as ‘Street Pulse,' a free web application spotlighting company-specific comments by sell-side, ratings agency and industry analysts, plus influential bloggers, the enhanced, subscription based PulsePro has extra features and functionality. It has been developed in consultation with Alacra's user base of more than 400 global institutions, corporations and professional services firms.