Banks are proceeding with care in the business of selling proprietary data to buy-siders, bolstering personnel while making a soft entry into the world of dealing their own data.
“In our conversations with banks, they tend to get trigger-shy because they don’t want to be perceived as revealing confidential information. There are so many internal frictions,” says Tammer Kamel, founder and chief of Quandl, a platform for alternative data.
Another question is to whom banks can sell and whether
Bryan Cross, who heads UBS Asset Management's QED group, joins to discuss alternative data and AI.Subscribe to Weekly Wrap emails
- The Problem Solver: Paul Bari, Nordea
- JP Morgan's FX Algo Tool Launches on Bloomberg Terminal
- Refinitiv Consolidates Data Insights on China's Belt and Road Initiative
- Wavelength Podcast Episode 153: Nasdaq's Lars Ottersgård
- CAT’s Tale: How Thesys, the SROs and the SEC Mishandled the Consolidated Audit Trail