Moreover. Last October they announced the acquisition of a news aggregation platform called Moreover. Next month the Moreover platform will be re-launched after the addition of LexisNexis content and rebranded as LexisNexis Newsdesk. Lexis Nexis news is in the process of being added to the Moreover news database before the launch. Factiva, Law360, Court Link and other Lexis content will be added in the third quarter of this year. They will be also offering NewsDesk on a Mobile App.
|The LexisNexis NewsDesk Dashboard|
have watched the delivery of digital news morph from primitive beginnings. In 1983 the New York Times Infobank was at the cutting edge by offering dial up access to news “abstracts.” (That’s right, no full text – you got a citation and a summary –then you
had to locate a copy of the actual newspaper to read the full story.) We have
come a long way…. The Lexis Nexis NewsDesk is a
gob-smacking, marvel of interactive features and functions. News aggregation is on the cusp of evolving
from offering very sophisticated news curation and personalized delivery to a new tier of offering
“news as a living and interactive source of insights and analytics.”
NewsDesk will be a “stand alone” product
like Lexis Nexis Publisher, it will only be available to Lexis subscribers, for an additional subscription fee.
Lexis will continue to offer news libraries to
legal product subscribers. but these will lack the functionality and
analytics available in the Newsdesk platform. They are clearly
positioning the product to compete with independent aggregators such as Ozmosys,
Manzama, InfoNgen. Attensa and Linex.
licensed news sources, including exclusives like Factiva, The Wall Street
Journal, The New York Times, ALM and more.
across 55,000 editorially-maintained Web-based news sources from 150 countries
in 75 languages.
social media sites including blogs, forums, Twitter, Facebook, Google+, YouTube
cable and local TV broadcast video clips and associated transcripts.
party premium content based on subscribers licenses.
media monitoring with over 2,500 new links added per minute – categorized and
search filters to quickly refine results.
interface with a personalized dashboard, on-demand updates and searching
– available for admins and end-users.
and automated email delivery options, including alerts and fully branded
export formats (RSS, Atom, etc.) to integrate news on an internal webpage or
portal, like SharePoint.
media analytics for deeper insights with many charting options and full data
download to Excel.
can manage both personal curated content and aggregated content for groups.
have only seen a demo and I haven’t used the product myself but I am a sucker
for products which offer intuitive interactivity and rich analytics. Here are the features
which really caught my attention.
include video clips from news broadcasts
- Video clips
- Foreign language
stories are automatically translated into English
- Semantic tools
provide sentiment analysis allowing you to focus on negative or positive
stories on a subject
- Sentiment can be
- Word clouds,
- The relevancy
slider. Each story is scored by relevance and you can adjust relevance to
increase or reduce the search results using a sliding bar.
of my big gripes about the loss of access to “native Factiva” was the granularity of
Factiva indexing. The deal Lexis Nexis struck with Dow Jones in 2005 which ended law firms’
ability to subscribe directly to either Factiva or to get corporate accounts for the
Wall Street Journal. Factiva was loaded into Nexis and despite assurances, much
of the power of the Factiva indexing was lost on the Lexis platform. Factiva coding
of stories allowed you to select stories
based on both the geographic location of a publication and the geographic
location of the subject. Without this coding it is extremely difficult to
locate stories in Japanese news sources about Toyota plants in the US. Lexis
assures me that the Moreover platform will support this kind of granular
distinction in creating alerts.
Moreover Platform can accept and redistribute feeds from third party
publishers. According to Lexis it will be up to each publisher to determine if
they will allow Lexis to redistribute the feeds. So in theory — the
Lexis News Desk platform may be able to deliver feeds from Lexis major
competitors, Thomson Reuters, BloombergBNA and Wolters Kluwer.
Moreover analytics are impressive. Administrators and end users can interact
with and analyze news using a variety of visual tools.
- Charts can show “share
- Maps will show
geographic concentration of coverage of a topic by state
- Timetrends will
show spikes in news coverage
- Word clouds
allow you to select a subset of stories on a particular issue
- RSS feeds can be
posted with charts to show trends
is simply not possible to describe all the analytics or functions I observed in
an hour long demonstration. I will summarize by saying that anyone in the
market for an aggregation platform should take a close look at the LexisNexis News
is only one feature which I identified, that is available in competitors and which
NewsDesk doesn’t currently offer. NewsDesk does not currently allow end users
to “unsubscribe” to selected content in their personal newsletters. And it does
offer some unique features which I haven’t seen in competitor products.
is the mother of better products. As of 10pm on March 3, 2015, Lexis
appears to be positioned to leapfrog over many of today’s dominant aggregation players.
it’s a horse race and law firms can only benefit from the fierce competition in
this space. We can expect the products to keep getting easier, smarter and
offer ever deeper analytic and even predictive capabilities.