TABB Group, an international research and consulting firm focused solely on capital markets, published a new report called “Capturing Alternative Alpha: The Rise of Alternative Data Sets”.
Eagle Alpha analysts have spent over two years finding the best way to use online search data to predict economic indicators. We have devised our own proprietary methodologies that leverage all relevant academic research, as well as accepted best practice in the field.
Card spend on new houses increased across all Tier cities in September 2016, according to Eagle Alpha’s Chinese credit card data partner.
Paul Tudor Jones, the founder of Tudor Investment Corp., is betting on data and machine learning to drive the profits of his $10.6 billion hedge fund, Tudor Investment Corp.
On the 1st of June 2016, the International Data Corporation (IDC) updated their smartphone shipments growth forecast to 3.1%, which represented a 2.6% drop compared to the previous forecast.
It depends on how many firms a given dataset has information on. Credit card transaction data has been known to provide a strong signal on revenues as many firms and many users are covered.
Eagle Alpha’s most recent events had 6 alternative data companies pitch to buyside firms in NYC (29 Sept 2016) and London (27 Sept 2016). Each provider gave an overview of their offerings, presented three case studies, and responded to Q&A. Summaries of presentations are presented below:
Most buyside firms typically start by nominating or recruiting an individual to champion their initial alternative data efforts. When a demonstrable return on investment is seen, firms then seek to expand the team.
OpenFDA was launched in June 2014 with the goal to make it easier for researchers and analysts to access and use data from FDA. The data is available for direct downloads and can be queried via APIs (Application Programming Interfaces).
Asset managers are challenged to grow and analyze the ever-increasing number of datasets.
Expert Networks were the last major change to the fundamental research process. There is mounting evidence that alternative data will be the next major change.
