The good, the bad, and the ugly of financial democratization
From crypto and Web3 to Robinhood and Reddit, democratization underscores it all. While it’s a largely benign concept that aims to level the playing field between institutions and individuals, it’s also really hard to get right.
This Week: Refinitiv ESG; Nikko/GoldenSource; Causality Link/Eagle Alpha; Crux & more
A summary of some of the past week's financial technology news.
Four Asset Managers Explain How They Incorporate ESG Data
Execs From UBS AM, Lazard AM, DWS, and East Capital look at incorporating ESG data into their investment practices for more holistic views of risk and opportunity.
Geolocation Data Spotlights Covid Recovery
Hedge funds are using geolocation data to both spot signs of a pandemic recovery and to see its ripple-effect damages.
Alt Data Lends a Different Light to Coronavirus Impact
Smog, traffic data—even movie rentals—help analysts track economic effects of the virus.
Eagle Alpha Swoops on Data Vet Richards
The 35-year industry veteran will advise the vendor on product, strategy and business development.
The New Oil Rush: An Examination of the Alternative Data Market
Banks are looking to cash in on the alternative data boom, but an in-depth investigation of the alternative data market shows that they may be in for an uphill battle to claim territory.
Eagle Alpha Adds Chinese Auto Industry Info
Officials say the dataset will provide insight into consumer behavior in China, and into state policy.
Eagle Alpha Unveils Alternative Data ‘Directory,' Eyes Proprietary ‘Crawled' Data
Eagle Alpha aims to provide a marketplace of more than 1,000 alternative datasets within one year.
Opening Cross: Don’t Undervalue the Unusual
Vendors are finding innovative ways to capture proprietary content, and to mine value from its increasing volumes.
Eagle Alpha Swoops on Housing, Auto Data as First Proprietary Datasets
Officials say the auto dataset could help identify reliability issues and spot potential impacts on manufacturers' stock prices.
2015 Year in Review: Big Data Becomes Reality in 2015, Inches Closer to AI
More data providers entered the Big Data and social media analytics space in 2015, reflecting growing interest in alternative information sources.
Eagle Alpha Targets Analytics Expansion, US Sales Presence with New Funding
The vendor also aims to raise additional funding to support its expansion plans.
Eagle Alpha Raises $1.8M Funding
The social media analysis vendor has raised new seed funding and expanded its board.
Eagle Alpha Focuses Social, Web Data Tools on Long-Term Investor Insights
Vendor focuses on delivering long-term trading insights from web and social media data to buy-side firms.
2014 Review: Industry Finds Ways to Derive Value from the Crowd
New datasets created using crowd-sourcing continued to grow in 2014, with new players entering the market with propositions to solicit crowd-sourced investor predictions that could provide leading indicators of market movements to institutional traders.
Eagle Alpha Swoops on Ex-Twitter Architect
Social media data provider Eagle Alpha recently hired former Twitter architect Evan Weaver as technical advisor to add "significant value to [the vendor's] technical architecture roadmap," officials say.
Eagle Alpha Raises $1.2M to Fund Development, Hires
Startup social media data provider Eagle Alpha has raised $1.2 million in its second round of funding this year, which it will invest in product development and use to recruit more engineers.
Opening Cross: This Year’s Data Oscars Are Gonna Be Monster!
The latest big-budget Godzilla movie, which has just opened in the US may be unlikely to pick up any awards at next year’s Oscars, but is still my most-anticipated movie of 2014. I don’t consider myself at the mega-geek level of sci-fi aficionados (I…
Eagle Alpha Bows Social Data ‘Influencer' Lists for Quant Traders
Startup social media data provider Eagle Alpha has released Quant Offering, a stream of posts from targeted subject lists of around 10,000 individuals on Twitter that the vendor has deemed market-moving influencers, which it says will boost the…
Eagle Alpha Launches Twitter Tool
Eagle Alpha has launched Social Sonar, a tool that identifies data on stocks and global macro topics published on Twitter, with the aim of giving traders the information ahead of mainstream news.
Eagle Alpha Switches on Sonar to Swoop on ‘Social' Financial Data
Startup social media data provider Eagle Alpha has unveiled Social Sonar, a service that compiles lists of key sources and influencers on Twitter to give sell-side, buy-side and individual investors read-only access to market-moving information on stocks…