Social Alpha Targets Banks Following Innovation Lab Program

The vendor is expanding its customer base beyond hedge funds to investment banks

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The presentations were part of a 12-week mentor program run by the New York Fintech Innovation Lab, which was launched in 2010 by Accenture, the Partnership Fund for New York City and financial institutions including Bank of America, Barclays, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, JP Morgan, Morgan Stanley, State Street and UBS.

Since launching in 2013, Social Alpha's main customer base has been among hedge funds using the vendor's API to stream real-time social media analytics into

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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