Alt Data Providers Struggle To Stand Out

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The industry loves alternative data—or, at least, it loves to talk about it.

The alternative data market is booming; according to alternativedata.org, the alternative data industry is projected to be worth $350 million in 2020, up from $183 million in 2016. It’s a market that includes behemoths like Bloomberg, Refinitiv and FactSet, to exchanges like Nasdaq, to financial institutions like State Street, to boutique shops that offer a very niche dataset.

It’s a challenging environment even for

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