Alt Data Market Could Take Deep Hit Due to Coronavirus

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It will take months, if not years, for the ripple effects of the coronavirus to be felt across the capital markets, but one burgeoning industry that might take a hit sooner than others is the alternative data space.

While it’s been a couple of years since alternativedata.org has updated its projections, but in 2017 the industry site said that the buy-side spent $400 million on alternative data sources and building out the necessary infrastructure to handle these sources of information. It

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