Alternative Data News. 10, July 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.


Early Days For Buy-Side AI

A new survey from Liquidnet, the institutional investor block trading network, said nearly two thirds, 64%, of asset managers now use both structured and unstructured datasets. The report, The Future of Asset Management, continued that almost three quarters, 73%, are using greater quantitative analysis in portfolio construction and 69% have increased their use of analytics to demonstrate execution performance.

Liquidnet spoke to 42 industry participants to discuss how they are changing their approach to data and technology between April and June this year. The asset …
2019-07-05 16:33:01+00:00 Read the full story…
Weighted Interest Score: 5.3512, Raw Interest Score: 2.3948,
Positive Sentiment: 0.2353, Negative Sentiment 0.0831

CloudQuant Thoughts: In this article, a head of trading is quoted as saying “There aren’t many that have the ability to consume and store that data – also the ability to cleanse it is important. I hope the industry doesn’t find a way to make this easier as those with a technological advancement are in a better position to process it.”  Our team has had to work hard to be able to handle alternative data that has to cover a number of problems that include:

  1. Unstructured Data
  2. Alternative Symbology – beyond simple Stock ticker to alternative stock ticker maps.
  3. Temporal Data – Dealing with static data that changes over time
  4. Temporal Data – Modified Historical Data – Dealing with edits or revisions to data at a later point in time.

The Download 50: 8 New Datasets, 5 Jobs, How Alt. Data affects Corporate Investment Decisions

The Download 50: 8 New Datasets, 5 Jobs, How Alt. Data affects Corporate Investment Decisions

ADDED TO THE DATABASE Data tracking what technologies are being used to build websites, with eight years of history and mapped to public technology companies: BuiltWith Convenience store transaction data from 5,000 stores across…
2019-07-09 21:37:10+00:00 Read the full story…
Weighted Interest Score: 5.2147, Raw Interest Score: 2.1472,
Positive Sentiment: 0.0000, Negative Sentiment 0.0000

10 Artificial Intelligence Applications Revolutionizing Financial Services

Lately, the banking and finance sector has been seeing a revolution in its day-to-day operations. Leading banks such as JPMorgan Chase, Wells Fargo, Bank of America, and CitiBank have embraced AI to deliver rich customer experience.

JPMorgan Chase is using a machine learning algorithm that will extract crucial information from thousands of legal documents and create valuable pointers for the reviewers. It will help the company to reduce 360,000 …
2019-07-08 00:00:00 Read the full story…
Weighted Interest Score: 4.9619, Raw Interest Score: 2.0017,
Positive Sentiment: 0.1973, Negative Sentiment 0.3101

Data, Analytics Lead Fintech Investments

Wall Street is doubling down on its fintech spending to support data analytics as well as market data and alternative data, according to the authors of a soon-to-be-published study by industry research firm Opimas.

The capital markets have increased their investments 16% year-over-year and 12% year-over-year for each category respectively, Octavio Marenzi, co-founder and CEO of research firm Opimas, told Markets Media.

“It is difficult sometime…
2019-07-05 12:30:48+00:00 Read the full story…
Weighted Interest Score: 4.8908, Raw Interest Score: 1.8631,
Positive Sentiment: 0.0867, Negative Sentiment 0.3033

The Next Level of Data Governance, Machine Learning, and Data Science

The term, machine learning dates back to a 1959 article by Arthur Samuel, in which he posited: “Programming computers to learn from experience should eventually eliminate the need for much of this detailed programming effort.” The hope was that data alone could be used to develop models, rather than relying on fixed rules or theory.

Aurélien Géron highlighted this in 2017, stating “Machine learning is the science (and art) of programming compute…
2019-07-09 07:35:30+00:00 Read the full story…
Weighted Interest Score: 4.5873, Raw Interest Score: 1.7861,
Positive Sentiment: 0.2308, Negative Sentiment 0.2408

Cybersecurity: how artificial intelligence has changed the way we secure our data

In recent years, the growth of AI & ML has been unprecedented. Recent studies predict the rapid adoption rate of AI across all business, estimating that the AI market will reach an approximate of $13 trillion by 2030.

To define it, artificial intelligence refers to the machine’s ability to simulate human intelligence without explicit programming. Machine learning is an application of AI that develops mathematical models based on training data an…
2019-07-08 09:53:52+00:00 Read the full story…
Weighted Interest Score: 4.1809, Raw Interest Score: 1.8900,
Positive Sentiment: 0.3563, Negative Sentiment 0.3718

ML Generated Data API • Integrity Research

Nashville, Tennessee based independent research provider, New Constructs recently announced the launch of a new data API to deliver the proprietary data and analytics behind its profitability and valuation models for U.S. stocks, ETFs, and mutual funds in a more quant-friendly format.

Provide general background on your firm. When were you founded, etc.

Founded in 2002, New Constructs provides quantitatively derived insights into the fundamental…
2019-07-08 02:30:19+00:00 Read the full story…
Weighted Interest Score: 4.1134, Raw Interest Score: 2.3272,
Positive Sentiment: 0.0695, Negative Sentiment 0.0347

Data Engineer, Data Analyst, Data Scientist: What’s the Difference?

ing about Big Data, or even switch to a data-related career. But what do Big Data jobs entail?

Speaking at last week’s Women of Silicon Roundabout conference in London, Dr. Rebecca Pope, the head of data science and engineering at KPMG, said you don’t need to be an excellent statistician or a high-class mathematician to work in data science or analytics. Nor do you need a lot of prior programming knowledge (although that always helps).

However, you do need an interest in statistics, you do need to be willing to learn how to code, and you do need to know how to do some high-level mathematical operations….
2019-07-09 00:00:00 Read the full story…
Weighted Interest Score: 4.0987, Raw Interest Score: 1.9768,
Positive Sentiment: 0.1074, Negative Sentiment 0.0645

Is It Time To Consider Buying JPMorgan Chase & Co. (NYSE:JPM)?

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!

Today we’re going to take a look at the well-established JPMorgan Chase & Co. (NYSE:JPM). The company’s stock saw significant share price movement during recent months on the NYSE, rising to highs of $116.12 and falling to the lows of $104.64. Some share price movements can give investors a better opportunity to enter into …
2019-07-10 23:01:33+10:00 Read the full story…
Weighted Interest Score: 4.0654, Raw Interest Score: 2.4554,
Positive Sentiment: 0.2232, Negative Sentiment 0.1240

Man Group launches proprietary ESG analytics tool

Man Group, a global active investment management firm, has launched Man Group ESG Analytics, a proprietary, dashboard-style tool enabling the firm’s investment teams to monitor non-financial risks and analyse environmental, social and governance (ESG) factors across single issuers, portfolios and indices.

The tool, which further enhances Man Group’s responsible investment (RI) capabilities, also features stewardship data, offering a real-time ov…
2019-07-09 00:00:00 Read the full story…
Weighted Interest Score: 3.8521, Raw Interest Score: 1.9131,
Positive Sentiment: 0.2844, Negative Sentiment 0.1293

ICE Benchmark Administration Publishes a Second Update Regarding the U.S. Dollar ICE Bank Yield Index

ICE Benchmark Administration Publishes a Second Update Regarding the U.S. Dollar ICE Bank Yield Index

LONDON –(BUSINESS WIRE)– Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Benchmark Administration Limited (IBA) has published a second update regarding the U.S. Dollar ICE Bank Yield Index.

The fully transaction-based In…
2019-07-10 00:00:00 Read the full story…
Weighted Interest Score: 3.8336, Raw Interest Score: 1.8813,
Positive Sentiment: 0.1085, Negative Sentiment 0.0181

Best Resources to Learn Machine Learning and Apply It to Finance: Books, Courses, and YouTube (2019)

In today’s technologically advanced world, we’re starting to turn to the machines we create to aid us. The algorithms designed by data/AI scientists are becoming ever so powerful — and now they’re showing their prowess. Much like Google’s Deepmind AI reinvented the way chess should be played, machine learning applied to finance can provide valuable insight into how money should be made.

Having covered the theory of machine learning in finance, w…
2019-07-02 00:00:00 Read the full story…
Weighted Interest Score: 3.8023, Raw Interest Score: 2.1989,
Positive Sentiment: 0.3099, Negative Sentiment 0.1033

Man Group Launches Proprietary ESG Analytics Tool

Man Group, the global active investment management firm, today announces the launch of Man Group ESG Analytics, a proprietary, dashboard-style tool enabling the firm’s investment teams to monitor non-financial risks and analyse environmental, social and governance (ESG) factors across single issuers, portfolios and indices. The tool, which further enhances Man Group’s responsible investment (‘RI’) capabilities, also features stewardship data, off…
2019-07-09 14:11:46+00:00 Read the full story…
Weighted Interest Score: 3.7116, Raw Interest Score: 1.8913,
Positive Sentiment: 0.2600, Negative Sentiment 0.1182

Data science: how is it changing the process of web design?

Data science is a term that covers a lot of ground. It involves studies and research that have to do with the creation and management of data. That includes how data is used to accomplish tasks often associated with web design and management.

A key element in the data science of today is Artificial Intelligence (AI). Within the realm of AI, you also have Machine Learning (ML) and how it differs from a furthe…
2019-07-06 10:00:19+00:00 Read the full story…
Weighted Interest Score: 3.1453, Raw Interest Score: 1.4107,
Positive Sentiment: 0.1809, Negative Sentiment 0.2351

HVR Simplifies High Volume Data Integration and Management with Latest Release

According to a new press release, “HVR, the leading independent provider of real-time cloud data replication technology, today announced the General Availability (GA) of 5.6, the latest version of the software, delivering real-time data replication to the cloud to enable a variety of analytical use cases, data streaming, and database technology migrations. GA 5.6 introduces new features and improvements to help users manage the increasing complex…
2019-07-10 07:15:31+00:00 Read the full story…
Weighted Interest Score: 2.9734, Raw Interest Score: 1.8779,
Positive Sentiment: 0.3652, Negative Sentiment 0.0000

Pico to acquire Corvil

Pico, a provider of technology services for the global financial markets community, is to acquire Corvil, a specialist in real-time analytics and machine intelligence products for financial markets infrastructure performance and operations.

“With Pico as a premiere technology service provider to the capital markets, our clients have benefited from access to a wide range of top trading technologies within the Pico environment,” says Jarrod Yuster…
2019-07-09 00:00:00 Read the full story…
Weighted Interest Score: 2.9693, Raw Interest Score: 1.7652,
Positive Sentiment: 0.3454, Negative Sentiment 0.0959

Cloud Adoption Underway? Get Your Data Quality in Check First

Click to learn more about author Harald Smith.

There’s a tendency to view the cloud, with its promises of continuous delivery models and built-in advanced analytics, as a platform that will reveal fresh and important business insights simply by using it. This is only partially true: Certainly, many organizations have benefited from cloud use. But just as Hadoop was our silver bullet about five years ago, there’s a tendency to see promising emerg…
2019-07-08 07:35:15+00:00 Read the full story…
Weighted Interest Score: 2.7517, Raw Interest Score: 1.4441,
Positive Sentiment: 0.1481, Negative Sentiment 0.2345

Synthesio Brings AI-Powered Insights to Social Media Intelligence

he company behind the leading global Social Media Intelligence Suite, is excited to announce the release of Signals, a state-of-the-art trend detection & insights module. Signals leverages decades of data science and statistics experience from Ipsos (Synthesio’s parent company), and offers the widest range of automated insights on the market.”

Loic Moisand, CEO of Synthesio, commented, “During the acquisition by Ipsos, we immediately saw the potential of combining Synthesio’s Social Media Intelligence Suite with Ipsos’ data science expertise. Investing in trend detection and automated insights was the fi…
2019-07-10 07:10:45+00:00 Read the full story…
Weighted Interest Score: 2.6092, Raw Interest Score: 1.5450,
Positive Sentiment: 0.3197, Negative Sentiment 0.0533

Ronaldo Versus Ai-Robots Or Will Data Brokers Make Them One?

It is safe to say that not in one hundred years will robots outperform future Ronaldos on the football fields. Not even with all the super-state-of-the-art AI integrated in those future robots. But does that mean AI can’t help next-generation football players increase their genius and perfection even further? FC Barcelona’s ‘Innovation Hub’ is seriously betting on AI. “A Great Sports Laboratory for the Future of Sports”, they brand themselves on …
2019-07-02 00:00:00 Read the full story…
Weighted Interest Score: 2.4437, Raw Interest Score: 1.1259,
Positive Sentiment: 0.2777, Negative Sentiment 0.1565

Corvil to be acquired by capital markets technology provider Pico

more than 400 banks, exchanges, asset managers and technology vendors. Together, the company will have a workforce of 375 with expertise on machine learning, automation, low-latency technologies and data science.

“Corvil’s reputation is second to none for innovation, quality, and data analytics in the financial markets, and we have come to rely on their data to support mission-critical systems,” said Jarrod Yuster, CEO and founder of Pico.

“Our motivation for acquiring Corvil is based on a commitment to our clients to deliver the industry’s best-in-class analytics and real-time insights. With Corvil, w…
2019-07-09 10:07:48+01:00 Read the full story…
Weighted Interest Score: 2.4108, Raw Interest Score: 1.3941,
Positive Sentiment: 0.3253, Negative Sentiment 0.1859

Unstructured Alternative Data in Predictive Modeling

Alternative data. Know of it or use it (effectively) in your financial organization? If not, do so at your own peril, because there is an explosion of data occurring all around you. Press releases, SEC filings, investor presentations, public records, ratings, social media, product reviews, job postings, and other information are just a part of what is considered alternative data, and it can be incredibly difficul…
2019-07-01 17:43:22+00:00 Read the full story…
Weighted Interest Score: 2.3522, Raw Interest Score: 1.1902,
Positive Sentiment: 0.1594, Negative Sentiment 0.1488

Big Data Synchronization: 5 Ways to Ensure Big Data Accuracy

If you own an e-commerce store or have even been to a one, you must have experienced “stockout” or “out-of-stock” problems. However, I had a real eccentric experience last week. I was searching for my favourite sneakers online and I found them in stock. So, I went to the store to buy one, but guess what, they didn’t have any. They went out of stock 2 days back, yet they were still showing the availability on their website.

Stockouts are too comm…
2019-07-10 13:56:10.773000+00:00 Read the full story…
Weighted Interest Score: 2.3268, Raw Interest Score: 1.3657,
Positive Sentiment: 0.1517, Negative Sentiment 0.2023

Case Study: Department of the Interior Lays Out Steps for Metadata Implementation

After the U.S. Office of Management and Governance issued the Open Data Policy, federal agencies set to the task of developing Enterprise Data Inventories to support a mandate of government transparency. The Department of the Interior (DOI) took this opportunity to create and implement a Metadata Management framework using an enterprise approach, properly documenting data for the greater understanding of it.

Some 90,000 employees reside across t…
2019-07-10 07:35:14+00:00 Read the full story…
Weighted Interest Score: 2.0288, Raw Interest Score: 1.3214,
Positive Sentiment: 0.1869, Negative Sentiment 0.0133

IOWA.rocks adds specialist fuel data from Numerco

IOWA.rocks, a new financial data marketplace is to provide energy and commodity market data customer with data from Numerco, a specialist in the Nuclear Fuel and Marine Distillate DMA Fuels markets.

Numerco Limited is an independent commodity supply company, specialising in both sourcing and supply chain optimisation of physical materials, energies and industrial products.

Scott Lawrence, Co-Founder and Managing Director at Numerco, says: “The …
2019-07-09 00:00:00 Read the full story…
Weighted Interest Score: 1.8554, Raw Interest Score: 1.1596,
Positive Sentiment: 0.2706, Negative Sentiment 0.0387

Python Still Swallowing R, Groovy Blasts Into Top 20: TIOBE

n has usurped C++ for third place, which is actually impressive; plus, it ate or slithered past a few popular languages to get there.

While we’ve long pointed out that Python is replacing R for many data science use-cases, it seems Perl is also feeling the squeeze. From TIOBE:

Python’s continuous rise in popularity comes at the expense of the decline of popularity of other programming languages. One of these programming languages is R, but Perl has been beaten even more. Perl is currently at position 19 of the TIOBE index, which is an all-time low for Perl. Note that Perl was at position #3 in 2005 with…
2019-07-09 00:00:00 Read the full story…
Weighted Interest Score: 1.8459, Raw Interest Score: 1.5275,
Positive Sentiment: 0.2131, Negative Sentiment 0.2487

Rising adoption of digital TMS drives growth

TreasuryXpress has increased its year over year global sales by 83% across the Americas, EMEA, and MENA regions for its on-demand Treasury Management Solutions (TMS) during the first half of 2019. The firm expects to be on target for another triple digit growth this year, on the back of rising adoption of digital, on-demand TMS.

The firm attributes its continued growth to the scalability and flexibility of their on-demand TMS model as well as th…
2019-07-10 00:00:00 Read the full story…
Weighted Interest Score: 1.8388, Raw Interest Score: 1.3602,
Positive Sentiment: 0.2519, Negative Sentiment 0.0504

Code With Google Wants to Fix Computer-Science Education

Google is pushing harder into education with Code with Google, a hub for the company’s various computer-science courses.

It’s a good PR move for Google, which has complained for years that the country’s educational pipeline isn’t optimized for teaching computer-science skills. The company’s previous educational efforts have included the Computer Science Summer Institute, a three-week computer science course for graduating high school seniors, an…
2019-07-09 00:00:00 Read the full story…
Weighted Interest Score: 1.8111, Raw Interest Score: 1.4261,
Positive Sentiment: 0.2593, Negative Sentiment 0.0864

What’s More Predictive Than Predictive Analytics?

Karthik Ramasy of Streamlio by SRK Headshot Day

Click to learn more about author Karthik Ramasamy.

Traditional predictive analytics involve leveraging historical data to identify trends, forecast likely events and conditions at a specific time, and model the best action for the desired result. For example, a manufacturer might try to determine when a machine on the production line will fail, or a retailer might recommend a product based on prev…
2019-07-09 07:30:30+00:00 Read the full story…
Weighted Interest Score: 1.7452, Raw Interest Score: 1.0653,
Positive Sentiment: 0.3286, Negative Sentiment 0.1587

Credulous Data Science: Part Two – Surveys

Click to learn more about author Steve Miller.

This is the Second Part of a two-part series. Read Part One here.

About ten years ago, a software vendor with whom my intelligence consulting company partnered conducted a survey on the usage of various analytics platforms that were then prominent in the space. As a proselyte of both R and Python, I was keenly interested in the results for statistical analysis/machine learning. Turns out that at su…
2019-07-10 07:30:54+00:00 Read the full story…
Weighted Interest Score: 1.6801, Raw Interest Score: 1.0362,
Positive Sentiment: 0.1612, Negative Sentiment 0.4145

Analytics and Its Effect on Data Dissemination and eCommerce

When it comes to understanding all the contributing factors and advanced innovations of the impending digital era, it is more than fair to say that we are all striving to contribute in our own way. For some, that means teaching themselves how to code. For others, it is taking on the commitment of a post-graduate program in AI and ML. No matter what one’s individual contribution to the ever-looming digital era, seemingly big or small, the point re…
2019-07-04 18:14:03+00:00 Read the full story…
Weighted Interest Score: 1.6787, Raw Interest Score: 0.9590,
Positive Sentiment: 0.3197, Negative Sentiment 0.0999

JLL launches new digital service for building management

Global real estate services firm Jones Lang LaSalle (JLL) has launched a new digital service, dubbed FacilitiesFlex, which has the main goal of transforming how businesses manage their buildings and real estate assets.

Combining JLL’s technology with the company’s facilities management expertise, FacilitiesFlex will enable businesses to manage budgets more efficiently, mitigate risk and unlock productivity, the real estate firm said.


2019-07-05 08:59:57-05:00 Read the full story…
Weighted Interest Score: 1.5780, Raw Interest Score: 0.8566,
Positive Sentiment: 0.6312, Negative Sentiment 0.0000

How To Use Big Data To Deliver Optimized Customer Experiences

Business success begins and ends with customer experience. According to recent studies, 90 percent of buyers would gladly spend more for a better customer experience. That’s exactly why understanding what an improved experience means for customers is so important.

Companies have been able to perform more in-depth customer analysis—above and beyond social media commentary and feedback surveys—with the development and proliferation of analytics. D…
2019-07-09 09:30:09+00:00 Read the full story…
Weighted Interest Score: 1.4366, Raw Interest Score: 0.9638,
Positive Sentiment: 0.5456, Negative Sentiment 0.0909

Microsoft is forging alliances with the likes of Walgreens and a massive hospital system in its own backyard to win a bigger piece of an $11 billion market

Microsoft is making a big bet on signing deals with healthcare and retail giants like Walgreens and Walmart as it figures out how to tackle the massive healthcare technology market.

The tech giant came out with its latest partnership on Monday, bringing on Providence St. Joseph Health, a West-Coast-based health system that operates 51 hospitals and made $24 billion in 2018. Providence agreed to work with Microsoft for the next five years, using …
2019-07-10 00:00:00 Read the full story…
Weighted Interest Score: 1.3569, Raw Interest Score: 0.8293,
Positive Sentiment: 0.1809, Negative Sentiment 0.0603

Development of 3D Ear Recognition System using Matlab

Development of 3D Ear Recognition System using Matlab

A beginner’s guide on processing 3D ear images

Gautam Kumar Blocked Unblock Follow Following Jul 10

Face, iris, and fingerprint have been widely used biometric traits for authentication of a person. Usage of state-of-the-art Deep learning techniques in computer vision and image processing has improved the accuracy of the developed system almost 100%. However, biometric system, based on thes…
2019-07-10 13:55:47.686000+00:00 Read the full story…
Weighted Interest Score: 1.0900, Raw Interest Score: 0.7666,
Positive Sentiment: 0.0838, Negative Sentiment 0.0479


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