Investment Firms Turn to Alt Data as Historical Models Fail
Researchers say companies are exploring new datasets to plug gaps in analysis since the Covid-19 outbreak.

Investment teams are turning to alternative data to plug gaps and retrain models, after the unprecedented conditions of the coronavirus outbreak proved that historical models are irrelevant in such black swan scenarios, researchers say.
A recent study conducted by Refinitiv found that, compared to 2018, investment firms increased their use of alternative data to train AI and machine learning models. The most widely used alternative datasets were web scraping, social media, credit card data
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 [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Back-Office Technology
Waters Wavelength
Waters Wavelength Podcast: Episode 226 (M&A and people)
On this episode of the Wavelength Podcast, Wei-Shen and Tony talk about the importance of communication when it comes to M&A activity within a company.
Subscribe to Weekly Wrap emails
Most read
- Women and Technology & Data Awards 2021: All the Winners
- Broadridge’s LTX bond trading platform faces uphill battle
- TRG Screen acquires Jordan & Jordan’s market data compliance & reporting unit
- Blockchain ‘track-and-trace’ tech could tackle data compliance, audit exposure, experts say
- Funds urged to scrutinize outsourcing models to reduce data leakage