Young Datasets, Inexperienced Talent Make Alt Data Challenging

The relatively nascent alternative data industry is creating challenges for asset managers, specifically when it comes to a lack of historical data and a lack of talent that can interrogate the data.

Long before there were vendors selling satellite imagery and cellphone geolocation data to see how many potential shoppers were inside a store at a given time, interns were being sent to mall parking lots to count cars by hand. The hunt for outside information beyond ticker prices and corporate actions has been ongoing for as long as the capital markets have existed.

So the idea that alternative data is something “new” doesn’t quite hit the mark. Rather, the amount of data that’s available is

To continue reading...

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 indvidual account here: