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
Rich Newman joins to talk about challenges facing the alternative data space and why open data is becoming increasingly important.Subscribe to Weekly Wrap emails