Alternative data
Waters Wrap: Nasdaq, Quandl and the next phase of the alt data craze
Anthony looks at how Nasdaq's Quandl strategy ties into other trends spreading through the market.
People Moves: LedgerEdge, Broadridge, Talos, Liquidnet, and more
A look at some of the key people moves from this week, including Jason Mendez (pictured), who joins Bitvore as vice president of partnerships.
This Week: Finos, Northern Trust, DTCC, and more
A summary of some of the past week's financial technology news.
ESG asset manager taps Symphony, FinTech Studios for thematic ‘mini-Bloomberg’
Sycomore Asset Management is preparing to roll out an expansion of how it uses the vendors’ combined platforms to be able to create and share targeted thematic investment data across its organization.
Ex-UBS Asset Management CDO takes aim at challenge of data discovery
Suvrat Bansal’s startup aims to make it easier to get data into the hands of those who need it, but who may not know it exists, faster.
SimCorp takes ‘Aim’ at EDM space with DataCare rollout
Since launching DataCare in April 2020, the vendor has signed up eight clients, including Zurich Group Investment Management.
Waters Wrap: Owning the data & doing something unique with it—the ultimate alchemy
Based off of Max Bowie’s recent deep-dive feature, Anthony says that the world of alt data M&A—and the factors that drive these deals—is likely to change in the near future. For an analogy, just look to sushi.
This Week: Macrobond/FactSet, Tradweb, Bloomberg, DTCC, and more
A summary of some of the past week’s financial technology news.
Alt data’s second inning: Brace for a long M&A game
The alternative data sector is still relatively nascent, and as such buy-side firms have struggled with how best to incorporate these non-traditional sources of information. While sources say that there will be continued M&A in the market, how those…
APG hires in-house weatherman to interpret climate data
Europe’s wettest summer in a century has prompted asset managers to calculate flood risk for real estate.
Waters Wrap: Some random thoughts about Big Tech disruption and M&A in Q4
Anthony looks at what he thinks will be the biggest topics during the last quarter of 2021.
Two Sigma building quant tools to hunt real estate bargains
The information-rich market offers “trillions of dollars of opportunity”, says the firm’s data chief.
Miax preps ‘Virtual Trading Floor’ of data tools to grow investors, market-makers
The options exchange operator hopes to make it easier for participants to translate data into context and insight, and to broaden participation from new market sectors.
MarketAxess builds out flagship e-trading platform for loans functionality
The platform operator plans to extend its all-to-all corporate bond trading expertise to the loan market, which lags other fixed-income instruments in both tech adoption and the level of transparency.
Waters Wrap: A whole new way of looking at data spend (And CME-Cboe thoughts)
As brokers start to explore various forms of self-service models, Anthony wonders if this could lead to a complete rethink of how commercial terms and contracts are structured for adding on new datasets.
Risky business: Moody’s attempts to carve out space in overrun ESG market
In the past two years, Moody’s Analytics has acquired four vendors that the ratings specialist hopes to integrate for ESG offerings in a crowded market.
The market data vending machine: The pros and cons of self-service procurement
Brokers and exchanges have begun rolling out “self-service” portals that allow clients to choose data and services on an a la carte basis. Opinions vary on whether they are the Holy Grail or a poisoned chalice.
Not a drill: Alt data providers push oil and gas for investment
As the oil and gas industries say they're “greening” operations, vendors are offering ESG data and metrics to help investment professionals understand future risks and financial returns.
Swedish bank finds Covid-19 recovery insights in alt datasets
High-frequency data such as human mobility data and plastic shipments can help investment professionals understand the post-pandemic economic reopening.
People Moves: NomadData, Credit Suisse, Saxo Bank, Broadridge, and more
A look at some of the key "people moves" from this week, including Justin Manikas (pictured), who has been appointed vice president of partnerships at Nomad Data.
Waters Wrap: A blockchain problem (And an alt data problem)
Anthony first looks at the alternative data industry and connects to QAnon, before explaining why there needs to be more hard numbers in the world of blockchain.
Disinformation campaigns coming to a Wall Street near you
Rebecca examines the tangled web woven between Reddit, meme stocks, and QAnon, and asks how well prepared data providers looking to jump on the meme stocks bandwagon are to recognize organized disinformation campaigns.
Meme stocks: Data providers conflicted on offering investment analyses
While some alternative data providers are jumping in on the meme-stock craze by producing new datasets and analyses geared toward risk management and alpha generation, others—perhaps rightly so—are staying cautious.