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.
First, as Reb Natale reports, banks like Goldman Sachs, Morgan Stanley, JP Morgan, Deutsche Bank and many others are very much on the lookout for engineers with open-source programming skills. And as Max Bowie writes, as market data (and by extension, alternative data) becomes ever-more complex and valuable for areas such as data science, the use of APIs is growing rapidly. (More on that below, actually.)
These two trends—increased API usage as a data delivery mechanism and the use of open
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