Alternative Data News. 12, June 2019

Finding sources and uses for alternative data can be difficult. At CloudQuant we regularly read and search the internet for new sources of data that can be used in our mission to find alpha signals and build quantitative trading strategies. We recognize that we are technology and data junkies so we wrote our own crawler that specifically seeks out web pages, posts, and news articles that give us a snapshot of what is going on in the world of Alt Data. The following is a collection of articles that we think you will find interesting from the past week.

Nasdaq Pivots to the Buy Side

Despite the industry focus on market data fees and access fee pilots, global exchange operator and technology provider Nasdaq plans to take a three-prong approach to expand its relationship with the buy side, according to Adena Friedman, president and CEO of Nasdaq. “Having worked on the buy side, I recognize how underserved the buy side is regarding technology, tools, and data that help them make informed and well-controlled investment decision… 2019-06-06 20:54:43+00:00 Read the full story. Weighted Interest Score: 5.2836, Raw Interest Score: 2.0421, Positive Sentiment: 0.0972, Negative Sentiment 0.0648 CloudQuant Thoughts: One could always say that the exchanges have been interested in the buy side. After all, you have to have both a buy side and a sell side to make the markets work.

Clearpool Appoints Dave Cushing Advisor

Clearpool Expands Analytics Intellectual Capital, Appointing Dave Cushing as Advisor Trading and market strategies expert brings buy side insights to Clearpool NEW YORK, June 10, 2019 ─ Clearpool Group (Clearpool), a provider of holistic electronic trading solutions and an independent agency broker-dealer, today announced the appointment of David Cushing as Advisor to the firm to focus on expanding its trade analytics solutions. Specifically, M… 2019-06-10 13:14:26+00:00 Read the full story. Weighted Interest Score: 4.5237, Raw Interest Score: 1.6498, Positive Sentiment: 0.4524, Negative Sentiment 0.0266

Investment Data Standards Organization Releases Web Crawling Best Practices • Integrity Research

The Investment Data Standards Organization (IDSO), a non-profit consortium of alternative data industry practitioners, released draft web crawling best practice standards for industry review. Meanwhile a seminal court case that may dramatically impact web harvesting procedures is still pending. IDSO’s 17-page report, which is available to non-members, reviews risk identification, categorization, and minimization of online data collection practic… 2019-05-29 05:15:54+00:00 Read the full story. Weighted Interest Score: 3.9577, Raw Interest Score: 2.1632, Positive Sentiment: 0.3196, Negative Sentiment 0.0492 CloudQuant Thoughts: This one was new to us. We didn’t know that such an organization existed specifically set up to review the content of investment data standards and altdata. We will be looking into their reports.

Alt Data Investments Continue Their Rapid Rise

More firms are seeing increasing value in alternative data as firms continue to grow their budgets for the non-traditional financial data significantly, according to a recent study published by industry analysis firm Greenwich Associates. In 2018, alternative data budgets witnessed a 52% year-on-year growth, which was less than the 76% year-on-year growth that budgets saw the previous year, said Richard Johnson, principal, market structure and technolog… 2019-06-10 18:00:06+00:00 Read the full story. Weighted Interest Score: 3.4774, Raw Interest Score: 1.8484, Positive Sentiment: 0.1253, Negative Sentiment 0.0627 CloudQuant Thoughts: We are keenly aware of that.

Alternative Data Quantifies How Trump Drives Markets

Indexica creates leading indicator from analyzing patterns in news conversation MALIBU, Calif., June 6, 2019 /PRNewswire/ — Indexica, a leader in the NLP alternative data space, announced that their predictive indexing intelligence engine has been able to find leading signals in news patterns related to Trump. While it’s clear that Trump’s tweets and actions move markets within seconds, what hasn’t been clear until now is whether the broader conversation stemming from him and his actions moves markets systematically. Trump tends to impact markets in four notable w… 2019-06-06 12:36:00+00:00 Read the full story. Weighted Interest Score: 3.3724, Raw Interest Score: 1.5925, Positive Sentiment: 0.1874, Negative Sentiment 0.1874 CloudQuant Thoughts: Not exactly new news for those who follow social sentiment and news sentiment in AltData.

Digitalization Q&A: Sadia Halim, BNP Paribas

Markets Media recently caught up with Sadia Halim, Global Head of Digital Innovation & Transformation, FIC at BNP Paribas to discuss the challenges of digitalization in financial services. If you had to grade Wall Street compared to other industry verticals regarding digital transformation, which grade would you give it? Digital transformation is a priority across the financial industry and is consistently highlighted by top management of Wall … 2019-06-11 13:30:32+00:00 Read the full story. Weighted Interest Score: 3.0368, Raw Interest Score: 1.7048, Positive Sentiment: 0.4262, Negative Sentiment 0.2664  

A Data Driven Approach

Who doesn’t want to get rich quick? If you’ve ever even dabbled in stock trade in the hopes of making quick money, you’ll know it’s no walk in the park. The stock market seems to be a living breathing organism having a life of its own. Nobody knows what is going to happen and when. But we’ve all seen some maestro investor or the other rise from rags to riches by investing in stocks. And let’s face it, we all want some of that too. To make the mo… 2019-06-10 00:00:00 Read the full story. Weighted Interest Score: 2.7524, Raw Interest Score: 1.5533, Positive Sentiment: 0.2861, Negative Sentiment 0.2180

Top Programming Languages For Data Developers In 2019

If you are a data developer, then you need to invest in learning the right programming languages. There are a ton of languages on the market, but some are more reliable than others. You will have a lot more job security if you invest in the right field. There has been much debate with regards to which is the most suitable programming language a developer should use. All current programming languages have their strengths and weaknesses whether th… 2019-06-10 18:47:16+00:00 Read the full story. Weighted Interest Score: 1.9589, Raw Interest Score: 1.4365, Positive Sentiment: 0.3918, Negative Sentiment 0.1143

How is Moore’s Law becoming irrelevant in the age of Quantum Computing?

Growing up in the late ’80s – early ’90s was an exciting time when household Computing was becoming the new trend as Personal computers became smaller & cheaper with intuitive graphical interfaces and added capabilities. And then came the Internet which really kick-started the growth of the tech economy. Original computer systems were based on microchips (invented in 1958), which had a number of transistors per square inch on them. In 1965, Intel… 2019-05-25 00:00:00 Read the full story. Weighted Interest Score: 1.8154, Raw Interest Score: 1.2273, Positive Sentiment: 0.2046, Negative Sentiment 0.1023

Training AI to predict Myers-Briggs Personality Types From Texts

edel. I watched the 7 seasons, plus the sequel released in 2016. Loved the mix of characters with different personalities. I was a big fan of Rory Gilmore and Logan Huntzberger! So, I found a great dataset to play with, the Myers-Brigss 16 Personality Types that I can use to train a model and detect different types of personalities in texts and even better, test it on Gilmore Girls characters to predict their personalities! Myers-Briggs 16 Personality Types According to the Myers & Briggs Foundation, there are 16 personality types created by Isabel Briggs and Katharine Cook Brigss on the work of … 2019-06-03 00:00:00 Read the full story. Weighted Interest Score: 1.5491, Raw Interest Score: 0.7161, Positive Sentiment: 0.3142, Negative Sentiment 0.2119

Traffic is awful. This is how location technology is helping to make it better.

Today, 55% of the world’s population lives in urban areas, and is expected to reach 68% by 2050, according to the United Nations. As more people flock to cities worldwide, transportation systems are being pushed to the breaking point. The result is congestion, pollution, accidents, stress, and a declining quality of life. The situation will only get worse, unless municipalities find new solutions. Even if cities expand their public transportation… 2019-05-24 00:00:00 Read the full story. Weighted Interest Score: 1.2194, Raw Interest Score: 0.7555, Positive Sentiment: 0.2916, Negative Sentiment 0.3181

Leveraging The Cost-Cutting Benefits Of Cloud Accounting

CPA Practice Advisor wrote a fascinating article on the applicability of big data in the accounting field. The article showed that the increasing supply of data is making it easier for companies to handle many core accounting functions. Big data is playing an important role in everything from auditing to custom service. There are a lot of benefits of using big data to simplify the accounting process. New cloud technology has made big data even … 2019-05-29 00:21:38+00:00 Read the full story. Weighted Interest Score: 1.1505, Raw Interest Score: 0.8350, Positive Sentiment: 0.4454, Negative Sentiment 0.1113    
This news clip post is produced algorithmically based upon CloudQuant’s list of sites and focus items we find interesting. We used natural language processing (NLP) to determine an interest score, and to calculate the sentiment of the linked article using the Loughran and McDonald Sentiment Word Lists. If you would like to add your blog or website to our search crawler, please email customer_success@cloudquant.com. We welcome all contributors. This news clip and any CloudQuant comment is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation regarding a course of action. This information is provided with the understanding that CloudQuant is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation. You are responsible to make your own independent decision with respect to any course of action based on the content of this post.