Case Study: a US investment firm automates market news screening with ScienceSoft's web scraping solution

US Investment Firm automates news screening for 150 companies with ScienceSoft

The customer, a US investment firm, faced a challenge with its manual, time-consuming process of analyzing financial market news, which risked missed opportunities. To automate news screening, they turned to vendor ScienceSoft for a custom web scraping solution.

ScienceSoft developed a solution using Selenium scripts to scrape data from numerous websites, a .NET backend with MS SQL Server to filter and analyze the news, and an Angular-based UI for users to define searches and view results. This allowed the firm to automatically flag relevant news updates, significantly shortening their search time and contributing to more informed investment decisions. ScienceSoft also provided knowledge transfer to ensure the client's team could maintain the solution.