Goldman Builds Team to Sell In-House Alt Data
The bank is creating a new group tasked with finding data within its securities division that could be sold to clients.
A Goldman Sachs spokesperson confirms the bank is looking at ways to monetize its internal data, but adds it is still evaluating what products it might bring to market, since it is trying to be conscious of client concerns around confidentiality.
Matthew Rothman, previously global head of quantitative equity research at Credit Suisse, joined Goldman in January to head the bank’s new data-as-a-client service team, which is tasked with finding data within the securities division that could be
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