in Space

Marex Spectron announces joint venture with Earth-i

Posted 15 May 2018 · Add Comment

Global commodities broker and research house, Marex Spectron, has today announced a joint-venture with Earth-i, a leader and pioneer of ‘New Space’ technologies, to develop and distribute a range of unique analytical tools.



Above: Centinela mine.
Copyright Earth-i


Working alongside Marex Spectron’s award-winning Market Analytics division run by Dr Guy Wolf, the joint-venture will initially focus on the copper market, combining Earth-i’s very high-resolution satellite imagery and video analytics with Marex Spectron’s datasets to produce end-to-end analytics and insight products.

Earth-i is at the forefront of an era known as New Space, driven by commercial and governmental organisations wanting to use high-quality, timely images and video from space to improve investment and trading decisions, monitor their assets more cost effectively, track changes or activities in critical locations – and predict future events with more certainty.

Marex Spectron’s Nanolytics product processes over 20 billion pieces of data each day to generate real-time measures of demand-supply balances in derivative markets. Having been in operation since 2012, it is a recognised leader in commodity derivative data analytics.

Dr Guy Wolf, Marex Spectron’s Global Head of Market Analytics, commented: “We are always assessing new ways to provide clients with additional insight into the metals world and this venture with Earth-i is a highly exciting development. Traders today are overwhelmed with data and information, so the challenge is how to filter and convert that into something relevant. Earth-i has access to a unique set of images and their expertise in image recognition technology makes them an ideal partner. The benefit of being able to provide real-time comparisons of the analysis from both the physical and derivative world is huge. We are delighted to be involved in the development of this product.”

In January Earth-i launched the VividX2 satellite, the technology prototype for its Vivid-i constellation. Vivid-i will be the first commercial constellation in the world able to provide full-colour, full-motion video monitoring patterns of life on Earth. In addition to video and still images from its VividX2 satellite, Earth-i sources still images from a range of satellites including the DMC3, KOMPSAT and SuperView Constellations.

Paul Majmader, Commercial Director for Earth-i said: “This joint venture will deliver a valuable information product combining the timely delivery of analysed satellite imagery with a focus on clear and specific market indicators. These products will be designed to complement existing market information sources and add a new dimension to trading decisions."

John Linwood, CTO at Earth-i said: “Location-based data from space is the new frontier in big data analytics.
 
“Combining our technology and expertise with Marex Spectron’s data and deep knowledge of the metals markets provides an outstanding opportunity to develop a truly unique, market-leading product.”


 

* required field

Post a comment

Other Stories
Advertisement
Latest News

NCA launches its National Strategic Assessment

There are at least 181,000 offenders linked to serious and organised crime (SOC) in the UK, the National Crime Agency (NCA) revealed today, as it launched its National Strategic Assessment (NSA) 2019 – the most comprehensive study yet of

Britain's top cybersecurity employers the ‘Big Four’

KPMG and PwC are comfortably the UK’s top cyber recruiters, according to new data released by the world’s largest job site, Indeed.

AEB teams with Bongers Expeditie and ChannelPorts on customs clearance

Provider of global trade and supply chain management software, AEB, has partnered with Bongers Expeditie and ChannelPorts, to offer a central customs platform with a network of customs brokers (used for this purpose), enabling goods

Biggin Hill Service Centre gets an upgrade

London Biggin Hill Airport Service Centre is adding enhanced interior repair and refurbishment activities, providing extended maintenance and support capabilities.

Zaun awarded Thames Water security contracts

The UK's largest water and waste company has awarded two multimillion-pound perimeter protection contracts to security fencing systems manufacturer Zaun

HMS Queen Elizabeth completes work package at Babcock’s Rosyth facility

Babcock International has completed the first docking and maintenance period on HMS Queen Elizabeth at its Rosyth site.

ODU 0201311219
See us at
SMIFAVWS BT1302060619DSEI JP BT1605201119VIDSE BT1605060320