While many firms are improving how they bring alt data in-house to help with trading decisions, challenges still exist. And while valuable, alternative datasets can’t perform miracles, and the process for handling this information is still paramount.
Javier Rodriguez-Alarcon, European head of quantitative investment strategies at Goldman Sachs Asset Management, said that while the data is important, it is useless without first knowing the right question the data is meant to answer.
“We can be
Bryan Cross, who heads UBS Asset Management's QED group, joins to discuss alternative data and AI.Subscribe to Weekly Wrap emails