Let’s know how Alternative Data Industry
Let’s know how Alternative Data Industry
Alternative data (in finance) refers to data that is used to gain insight into the investment process. These records are often used by hedge fund managers and other institutional investment professionals within an investment company. Alternate records are information about a specific company published by sources outside the company that provide unique and timely insight into investment opportunities.Get Sample PDF
Some of the key players of Alternative Data Industry:
1010Data, Advan, Dataminr, Earnest Research, M Science, Preqin, RavenPack, Thinknum Alternative Data, UBS Evidence Lab, YipitDataAlternative data sets are often categorized as big data [8], which means that they can be very large and complex and often cannot be processed by software that has traditionally been used to store or process data such as Microsoft Excel. An alternate dataset can be compiled from a variety of sources such as financial transactions, sensors, mobile devices, satellites, public records, and the Internet. Alternative data can be compared to data traditionally used by investment firms, e.g. B. Investor presentations, SEC filings and press releases. These examples of “traditional data” are created directly by the company itself.
Because alternative data sets are created as a product of a company's business, these data sets are often less accessible and less structured than traditional data sources. Alternative data are also referred to as "exhaust data". The alternative data company generally overlooks the value of the data to institutional investors. Over the past decade, many data brokers, aggregators, and other intermediaries have specialized in providing alternative data to investors and analysts.
Comments
Post a Comment