February 22, 2017
Bloomberg has found the Solr open source search engine valuable as a core element of several Bloomberg products. Now it has come up with a Solr plug-in that lets Solr users build a machine learning model of what information is most valuable to them, then add that information through the plug-in to Solr searches.
Since Bloomberg is a major distributor of financial news and the supplier of the frequently-used Bloomberg Terminal into which business news is streamed to the financial services industry, having an effective search engine available is part of maintaining its competitive advantage.
Creating a means to train that engine to rank search results according to criteria decided by its internal teams gives Bloomberg an ongoing advantage over other news and terminal services suppliers. Bloomberg has done that through its Learning-To-Rank plug-in for Solr. It has also made the code for the plug-in open source through the Apache Software Foundation, host to the Solr search engine project.
"We have smart people working on Solr," said Kevin Fleming, member of the CTO's office and head of the open source community at Bloomberg, in an interview. "You want to be a good community citizen, you want to contribute code and fix bugs. You also want to make good business decisions," he explained on Feb. 13, as he prepared to address a session at the Linux Foundation's Open Source Leadership Summit at Lake Tahoe Feb. 14-16.
Making the code open source assures Bloomberg customers that its ongoing development will continue at a rapid pace through an independent governing board and outside contributors, Fleming explained. It will continue even if Bloomberg's interest in the project flags. Solr and Learning-To-Rank will remain available as open source, even if Bloomberg were, for some reason, to drop its involvement.
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Bloomberg has enhanced its news services' appeal by illustrating that it knows how to help its customers make use of the latest technology. Solr users can build ranking models and coach them on what they want through machine learning. Learning-To-Rank can then take the results from those models and apply them to the search results.
"Tens of thousands of news sources are fed into Bloomberg Terminal or Bloomberg Professional Services," noted Fleming. A ranking model is something like a spreadsheet with designated "features" and weighting factors for what the user wants to look for. The goal is to let computers sift the thousands of results and assign a specified value to the rankings instead of forcing customers to manually go through hundreds of repetitious searches, filtering down the results to what they really want.
"This will save a lot of search teams a lot of time," he predicted.
Bloomberg provides the software framework for building the machine-learing model, which remains a proprietary offering. Making the plug-in open source, however, means other parties will be able to build competing model frameworks that will also work with the Learning-To-Rank plug-in and Solr.
"The plug-in will do exactly what the model tells it to do," said Fleming. "Every major search application has that as a goal – to present results that are most desirable to the user," he said.
The LTR plug-in was regarded as useful enough and mature enough to be included as part of the latest 6.4 release of Solr. It's not activated automatically. Solr users need to choose to use the plug-in but "it's available and ready for everyone to experiment with," Fleming said.
Fleming said the plug-in was so new to Solr that Bloomberg's development team hasn't gotten a lot of feedback on it, but he expects ideas for recommended new features and functions to start as soon as the Solr community is familiar with it.
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