Business Insider provides a great summary of the startups that are analyzing social data such as twitter to provide traders with an edge.
Traders are turning to Twitter to get in front of big market-moving trends. That in turn is creating an eco-system of companies looking to make sense of Twitter data and pull the signal from the noise. According to a TABB Group report issued last week, the industry is growing at a rapid pace. “There’s not going to be one firm on top,” said TABB’s Valerie Bogard, a research analyst. “There’s going to be multiple firms.”