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
Bloomberg’s Gerard Francis looks at the challenges that capital markets firms face when trying to incorporate alternative datasets.Subscribe to Weekly Wrap emails