
RavenPack Launches Bigdata.com with Vespa.ai to Revolutionize Billion-Scale Vector Search for Financial Research
19.11.2024 15:00:00 CET | Business Wire | Press release
Vespa.ai, a leading platform for AI-driven applications has been chosen by RavenPack, a global leader in financial data analytics, to power billion-scale vector search for their new service offering, Bigdata.com. The platform combines RavenPack's proprietary RAG (Retrieval-Augmented Generation) technology with Vespa.ai's search capabilities to process billions of financial documents with unprecedented speed and accuracy.
Bigdata.com represents a major leap forward in financial research technology, offering professionals a powerful API and real-time research assistant that enables direct conversation with billions of financial documents. The platform's sophisticated architecture allows users to perform custom research, automate complex tasks, and access real-time data through both desktop and mobile interfaces. Every response is supported by transparent source attribution, ensuring complete verifiability of information.
To support the immense scale of Bigdata.com, RavenPack selected Vespa.ai as its vector search and retrieval platform. Vespa’s sophisticated search technology, implemented with SPANN (Space Partition ANN), enables fast and efficient billion-scale searches by dividing data into smaller regions and locating approximate matches, providing both speed and accuracy critical to RavenPack's expanding data operations.
Armando Gonzalez, CEO and Co-founder, RavenPack I Bigdata.com: “Bigdata.com is poised to revolutionize how financial professionals approach research, analysis and decision-making. Our RAG architecture combines vector search with RavenPack’s extensive financial knowledge graph for real-time insights and deep research. After working with Vespa.ai open source for a few years, we transitioned to Vespa Cloud to support our enterprise workflows. This simplifies our infrastructure as we scale and gives us access to expert guidance from Vespa engineers on billion-scale vector deployment.”
Jon Bratseth, CEO and Founder, Vespa.ai: “Bigdata.com provides an innovative and uniquely differentiated platform for research for Financial Services companies. In this field, accuracy and rapid response are paramount. Vespa.ai is proud to partner with RavenPack to provide a cutting-edge search infrastructure that leverages machine learning to rank the most relevant results across potentially billions of documents, enabling users to confidently make informed, timely decisions.”
About Bigdata.com
Bigdata.com is an advanced AI platform built by RavenPack, a global leader in financial data analytics working with the most successful hedge funds, banks, and asset managers in the world. Bigdata.com is meant to revolutionize how professionals access and use information. By combining real-time search capabilities, deep customization, and clear, verifiable insights, Bigdata.com empowers users with the most current and relevant data available. Backed by over two decades of AI expertise from RavenPack, Bigdata.com redefines what's possible in business and finance.
About Vespa
Vespa.ai is a platform for building AI-driven applications for search, recommendation, personalization, and RAG. It handles large data volumes and high query rates, offering efficient data, inference, and logic management. Vespa is available as both a managed service and open source.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241119762611/en/
Contacts
Media Contact
Tim Young
timyoung@vespa.ai
About Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London
+44 20 7626 1982http://www.businesswire.co.uk
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release
H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation
Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release
Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private
Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding
Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår
V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release
V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust
Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release
Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo