When it comes to trading strategies, we develop models that are approximations of the reality of the market. We choose specific datasets or factors to incorporate into a model. Trying to incorporate every nuance of the market into a single model isn’t feasible.
FISD Alternative Data Council/Greenwich Report: A Guide to Alternative Data
Hinesh Kalian is the Director of Data Science at Man Group. Man Group manages around $123 billion worth of assets and is a FTSE 250 company.
This article summarizes expert responses to the question: "What are the various techniques for measuring ROI on alternative data?”
Applying a systematic approach to PE is about triangulation not optimization. It starts with embracing big data and accepting new analytic approaches. Most alt data is applied at the due diligence stage, particularly for revenue and valuation estimates.
The report prepared by SS&C and AIMA discusses how widely adopted alternative data is within the hedge fund industry, the main alternative data uses, the opportunities and challenges that these data sets present.
The purpose of this report is to provide buyside funds, private equity firms, corporates, government agencies, and central banks with examples of how alternative data can be leveraged for timely insights.
Key takeaways from panel discussions during Eagle Alpha's Virtual Data Conference hosted in May 2020.
According to Eagle Alpha's framework for dataset pricing, the main factors to consider include data format, relevant coverage, predictiveness, uniqueness, list price vs. actual price.
The panel discussion led by Elizabeth Pritchard, Founder and CEO at White Rock Data Solutions, focused on optimisation of the onboarding process.
The panel discussion led by Matei Zatreanu, Founder of System 2, focused on outsourcing considerations.
Evan Schnidman, Founder of EAS Innovation Consulting, discussed engineering challenges of working with alternative data, team building considerations, new data sources, and latest trends.
