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

WEAF to showcase South West England expertise at FIA

The West of England Aerospace Forum (WEAF) is hosting the cream of the UK’s aerospace industry at Farnborough International Airshow (FIA).

Element expands aerospace product qualification testing capabilities in US

Element has made a significant investment at its Aerospace EMC and Environmental Testing Center of Technical Excellence in Minneapolis – Bloomington that now allows the facility to test electrical power management systems for the

DIO puts Commercial Strategy into action with Clyde Construction Framework

A flagship 10 year construction framework has been awarded today by the Defence Infrastructure Organisation (DIO), on behalf of the Ministry of Defence.

Defence Secretary hosts first US-UK Defence Innovation Board meet at AI Lab launch

Defence Secretary Gavin Williamson announced the launch of a new artificial intelligence (AI) hub as he hosted the first ever joint US-UK Defence Innovation Board meeting on Monday, to explore important areas of cooperation that will

ACJ320neo Family enters production

Manufacture of the first ACJ320neo has begun, with elements taking shape across Europe and final assembly due to begin in June, followed by the first delivery of the 'green' aircraft to Acropolis Aviation of the UK in the last quarter of

Qatar Airways launches Gatwick services

Qatar Airways’ inaugural flight from Doha to London Gatwick touched down yesterday at London Gatwick Airport, where it was welcomed with a celebratory water salute.

RUBB SK2105211118
See us at
FIL18 BT111017220718SMI HelicopterTBT1402240518SMI FAVWSBT1402060618