Banks Fortify to Spin Money from Their Own Data

Forays into selling data have been slowed by concerns over confidentiality, internal battles over its use and clean-up work on the data itself.'s Faye Kilburn reports.

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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

The IMD Wrap: Will banks spend more on AI than on market data?

As spend on generative AI tools exceeds previous expectations, Max showcases one new tool harnessing AI to help risk and portfolio managers better understand data about their investments—while leaving them always in control of any resulting decisions.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here