The launch of the five newswires serving UK investors and their advisers follows an extensive two-month test period, during which Alliance News gathered market feedback and built a comprehensive news archive.
Alongside its three in-house UK-focused services - Alliance News Professional, Alliance News Investor and Alliance News Web - the company’s products are complimented by fully integrated global equities newswires supplied by partner, dpa- AFX of Germany. Alliance News will offer dpa-AFX International ProFeed and dpa-AFX International Compact alongside its domestic products to allow its distributors to offer subscribers an unrivalled range of news information.
Alliance News has also partnered with several leading technology companies, such as KnowledgeView Limited, to put in place a robust, entirely cloud-based editorial and distribution platform.
Chief Executive Officer Tom Waite;
"Ever since the closure of the AFX and ICV newswires several years ago, the UK has been strangely under-served with professional-grade news devoted to London shares. We cover every UK-listed company, from AIM on up, something the big global news providers are doing less and less."
Alliance News will offer its services via partner distributors, such as market-data vendors and trading websites.
Proquote Limited plans to carry Alliance News Professional on both its domestic and international terminals.
"We are pleased to be a launch partner of Alliance News, as we always look to offer our customers the best selection of UK and international news content," said David Tibbetts, Head of Proquote, part of the London Stock Exchange Group.
Alliance News operates from a dedicated newsroom located in a former newstype plant south of Blackfriars Bridge in central London.
Managing Editor Steve McGrath;
"We expected to be running about 350 news items per day, but instead our dedicated editorial team are averaging more than 450. There's money coming into UK equities, listings are on the increase, and the UK government is just about to privatise Lloyds, RBS and Royal Mail. There's also new interest in AIM stocks, which generate some of the most interesting stories, after they were allowed to be included in tax-free savings schemes. It's a great time to be covering UK equities."
Alliance News Limited (alliancenews.com) was formed in 2013 by three news and market-data industry veterans, with a combined 50 years experience primarily with Dow Jones Newswires.
Tom Waite, CEO
E: thomaslwaite[.]alliancenews.com - T: +44(0)20 3668 7423
Steve McGrath, Managing Editor
E: stevemcgrath[.]alliancenews.com - T: +44(0)20 3668 7425
Daniel Melvin, CTO
E: danielmelvin[.]alliancenews.com - T: +44(0)20 3668 7424
• Alliance News Professional and dpa-AFX International ProFeed serve traders and other financial professionals and include "flash" news headlines and in-depth market commentary.
• Alliance News Investor and dpa-AFX International Compact were developed for active private investors to provide the speed and breadth of coverage demanded by professionals.
• Alliance News Web is a broad, UK service for open-access information portals, including summaries of news and broker-ratings changes.
• dpa-AFX Wirtschaftsnachrichten GmbH is one of the leading news agencies for German- and English-language real-time financial and economic news, based in Frankfurt with a worldwide network of journalists.