Alternative Data News. 07, August 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.
Alternative Data – A Beginner’s Guide
opens up new layers of challenges and complexities in the asset selection process, alternative data does give new promises and excitement to the otherwise trying active investing scene.
Traditional data sources like financial statements, presentations, SEC filings, sales figures, etc., though valuable, don’t usually give a complete and sufficiently timely picture. Investors of this data-driven era are demanding more actionable insights before making inferences about where to invest in.
To fill this void, a number of companies have been quick to collect, clean, analyze, and interpret useful data from no…
2019-08-01 00:00:00 Read the full story…
Weighted Interest Score: 5.2898, Raw Interest Score: 1.7691,
Positive Sentiment: 0.2685, Negative Sentiment 0.0632
CloudQuant Thoughts: We are being asked by more and more data vendors to showcase their data on our site. This allows the alternative data (or fundamental data) provider to demonstrate the value in the data. This is essential as the amount of time that it takes to onboard a data set often is beyond the cost of onboarding the data. Having the data on CloudQuant allows a quant at a hedge fund or trading firm to immediately see the value in the alternative data.
Some of the key statistics in this post that we want to highlight:
🎈 Asset managers are investing $2-3B on #AlternativeData
🎈 #AldData investments expected to grow by 20-30% every year
🎈 Total data will 163 ZB within the year 2025
🎈 The number of #DataScientists has quadrupled in 5 years
8 Open Financial & Economic Datasets For Your ML Projects
Today companies from all across the world are leveraging data to better their offerings. While many organisations are using data from internal sources like CRM software, ERP systems, marketing automation tools, databases, and other repositories, many are also turning towards open data.
Open data is basically large datasets which are available to anyone on the internet — this type of data can be anything from public data collected by government a…
2019-08-07 12:59:05+00:00 Read the full story…
Weighted Interest Score: 4.7641, Raw Interest Score: 2.3960,
Positive Sentiment: 0.1808, Negative Sentiment 0.0226
CloudQuant Thoughts: Any data set is worth your while to review.
Take 5! FinTech trends for 2019 that you can’t ignore
Technology has played a crucial role in enhancing the life of a consumer. Various sectors are reaping benefits, but finance is still not quite there yet. When it comes to financial services, traditional banks are hesitant to adapt to newer technologies. This is mostly because of their legacy systems and compliance restrictions.
On the bright side, several FinTech startups are working with new-age technologies to create a more user-friendly platf…
2019-08-06 11:55:42+00:00 Read the full story…
Weighted Interest Score: 4.7223, Raw Interest Score: 2.0094,
Positive Sentiment: 0.3259, Negative Sentiment 0.2353
CloudQuant Thoughts: Yeah, yeah. Blockchain again. 🥱 However they do have IoT in the list which directly means Alternative Data!
Data Governance and Data Science: What is the Intersection?
With the rising concern surrounding the manipulation of data and misuse of statistical methods in Data Science, it is becoming imperative that strong Data Governance policies and practices are put in place to curb any degeneration of data and the scientific methods used to arrive at data-driven conclusions.
Data Governance (DG) is expected to play a key role in future Data Science (DS) practices as it offers phased, validity checks at multiple p…
2019-08-07 07:35:38+00:00 Read the full story…
Weighted Interest Score: 4.2655, Raw Interest Score: 2.3378,
Positive Sentiment: 0.2104, Negative Sentiment 0.3507
Templum appoints trading infrastructure veteran as CTO
Templum, a financial technology company providing a marketplace for the primary issuance and secondary trading of alternative assets as smart securities, has appointed former AlphaPoint, TradingScreen, Lava Trading, and Bloomberg executive Brian Nadzan as Chief Technology Officer (CTO).
In this new role, Nadzan’s global expertise at some of the most successful financial services technology firms will be integral in driving Templum’s continuing e…
2019-08-06 00:00:00 Read the full story…
Weighted Interest Score: 4.2617, Raw Interest Score: 1.9009,
Positive Sentiment: 0.4845, Negative Sentiment 0.1118
Levyx and Neueda Partner to Bring Python Into the Modern, Big Data Era
A new press release states, “Levyx Inc., a leading provider of ultra-low latency data processing software that brings high performance to demanding enterprise applications, announced today its partnership with Neueda, the leading-edge data management specialist, to deliver key enterprise enhancements to the Python community. By adding these critical features through the Helium™–Python interface, the parties have increased Python’s utility and app…
2019-08-06 07:05:53+00:00 Read the full story…
Weighted Interest Score: 4.2192, Raw Interest Score: 2.1823,
Positive Sentiment: 0.2910, Negative Sentiment 0.2910
Morgan Stanley Introduces Impact Quotient App for Advisors: Portfolio Products
Morgan Stanley launched an investing analytics and reporting application designed to help all Morgan Stanley Wealth Management clients further integrate social and environmental objectives into their investments.
It provides Morgan Stanley Financial Advisors with suggestions for investment solutions that could better align clients’ portfolios over time with the impact preferences that matter most to them.
“Increasingly, our clients and Financia…
2019-08-05 00:00:00 Read the full story…
Weighted Interest Score: 4.0530, Raw Interest Score: 1.9019,
Positive Sentiment: 0.1574, Negative Sentiment 0.0393
Equities Decline As Trade War Woes Escalate On Agri Products Import Banter
Renewed trade war woes on Trump’s tariff threats with allegations on China failing to meet US agri product import deal and decline in Chinese Yuan caused global market to decline today.
Summary: Post a highly disappointing week, global market has resumed dovish price action as trade war woes continue to escalate with each passing day. Asian market saw major stocks, benchmark indices and risk assets scale new 10 months lows as Chinese Yuan hit a …
2019-08-06 02:01:22+10:00 Read the full story…
Weighted Interest Score: 4.0061, Raw Interest Score: 2.3646,
Positive Sentiment: 0.1716, Negative Sentiment 0.6865
London Stock Exchange buys Bloomberg’s biggest rival
London (CNN Business) The London Stock Exchange has agreed to buy financial data provider Refinitiv, creating a British rival to industry juggernaut Bloomberg.
Refinitiv shareholders will end up owning a 37% stake in the London Stock Exchange. The all-share deal values Refinitiv at $27 billion, including its debt.
Thomson Reuters TRI The purchase comes less than a year after news and information provider sold a majority stake in Refinitiv to a group of investors led by priv…
2019-08-01 00:00:00 Read the full story…
Weighted Interest Score: 3.6585, Raw Interest Score: 2.4390,
Positive Sentiment: 0.0000, Negative Sentiment 0.0000
Machine Learning for More Equitable Credit Powers Airfox
According to a recent press release, “Airfox, a startup providing transformative financial services to emerging markets, today announced a partnership with artificial intelligence (AI) leader ZestFinance and Brazilian retail giant Via Varejo to deliver a new microcredit model with next-generation algorithmic infrastructure predicated on more equitable credit risk analysis. Combining machine learning (ML) and predictive analytics to extend credit …
2019-08-06 07:10:01+00:00 Read the full story…
Weighted Interest Score: 3.5921, Raw Interest Score: 1.9761,
Positive Sentiment: 0.1647, Negative Sentiment 0.1235
Artificial Intelligence, Machine Learning, and Deep Learning Explained
The first reference to artificial intelligence was in a paper written by Alan Turing in 1950, entitled Computing Machinery and Intelligence, where he asked the question, “Can machines think?” Turing’s article, as well as a 1977 paper entitled History of Artificial Intelligence by P. McCorduck are recommended reading for those wanting a greater understanding of the beginnings and history of the field. McCorduck addresses how the field has evolved,…
2019-07-30 07:35:27+00:00 Read the full story…
Weighted Interest Score: 3.4603, Raw Interest Score: 2.0062,
Positive Sentiment: 0.1665, Negative Sentiment 0.1507
Online Machine Learning with Tensorflow.js
l in your browser using Tensorflow.js.
In this example (GIF 1) I decided to train and visualize a simple regression model using the “Swedish Committee on Analysis of Risk Premium in Motor Insurance” dataset . The training process takes place in real-time online once you open the webpage.
There are 3 main types of model which can be deployed online:
In addition to this, Google also developed another library called ml5.js which is designed to make very easy to deploy pre-trained models online. In this way, also nonspecialist can get started deploying machine learning models on the Web. A simple exam…
2019-08-07 10:37:59.660000+00:00 Read the full story…
Weighted Interest Score: 3.4516, Raw Interest Score: 1.5990,
Positive Sentiment: 0.0979, Negative Sentiment 0.1305
What Is Data Streaming? A Data Architect’s Guide
Click to learn more about author Joe deBuzna.
In the past decade, there has been an unprecedented proliferation of Big Data and Analytics. The term Big Data has been loosely used in so many different scenarios that it’s fair to say – Big Data is really what you want it to be – it’s just … big. Typically defined by structured and unstructured data, originated from multiple applications, consisting of historical and real-time information, Big Data…
2019-08-06 07:30:01+00:00 Read the full story…
Weighted Interest Score: 3.2938, Raw Interest Score: 1.9249,
Positive Sentiment: 0.1497, Negative Sentiment 0.1711
A 2019 Guide to Object Detection
Object detection has been applied widely in video surveillance, self-driving cars, and object/people tracking. In this piece, we’ll look at the basics of object detection and review some of the most commonly-used algorithms and a few brand new approaches, as well.
By Derrick Mwiti, Data Analyst.
Object detection is a computer vision technique whose aim is to detect objects such as cars, buildings, and human beings, just to mention a few. Th…
2019-08-20 00:00:00 Read the full story…
Weighted Interest Score: 2.9539, Raw Interest Score: 1.7723,
Positive Sentiment: 0.1248, Negative Sentiment 0.1082
25 Tricks for Pandas
Check out this video (and Jupyter notebook) which outlines a number of Pandas tricks for working with and manipulating data, covering topics such as string manipulations, splitting and filtering DataFrames, combining and aggregating data, and more.
By Matthew Mayo, KDnuggets.
Last week, Kevin Markham (@justmarkham) of DataSchool.io posted a handy video and an companion Jupyter notebook titled “My top 25 pandas tricks.” I found the collection of…
2019-08-25 00:00:00 Read the full story…
Weighted Interest Score: 2.7652, Raw Interest Score: 1.4044,
Positive Sentiment: 0.0000, Negative Sentiment 0.1652
Data Literacy Matters — Do We Have To Spell It Out?!
In the words of Thomas Edison, the value of an idea lies in the using of it. Yeah, I’ve used that quote a lot to talk about the value of data. Data isn’t inherently valuable. But when you use it to better understand customers or to identify bottlenecks in a process or to detect fraud or revenue leakage, then it’s valuable. More simply put, Data + Use = Value — another quote I repeat over and over.
Yet according to our new Forrester Analytics Glo…
2019-08-06 04:54:52-04:00 Read the full story…
Weighted Interest Score: 2.6728, Raw Interest Score: 1.5492,
Positive Sentiment: 0.2043, Negative Sentiment 0.1021
How Data Analytics Tools Eliminate Business Owner Headaches
Big data has the power to transform any small business. However, many small businesses don’t know how to utilize it. One study found that 77% of small businesses don’t even have a big data strategy.
If your company lacks a big data strategy, then you need to start developing one today. The best thing that you can do is find some data analytics tools to solve your most pressing challenges.
Using Big Data to Fix Your Biggest Problems as a Busines…
2019-08-07 12:37:47+00:00 Read the full story…
Weighted Interest Score: 2.5471, Raw Interest Score: 1.4775,
Positive Sentiment: 0.2355, Negative Sentiment 0.1499
BERT-based Cross-Lingual Question Answering with DeepPavlov?
DeepPavlov is a conversational artificial intelligence framework that contains all the components required for building chatbots. DeepPavlov is developed on top of the open-source machine learning frameworks TensorFlow and Keras. It is free and easy to use. This article describes how to use the BERT-based question answering models of DeepPavlov.
Context-based Question Answering (Reading Comprehension) is the task of finding an answer to a questi…
2019-08-07 09:43:23.664000+00:00 Read the full story…
Weighted Interest Score: 2.5407, Raw Interest Score: 1.2206,
Positive Sentiment: 0.1822, Negative Sentiment 0.3644
Intro to Data Science: Predict the Box Office – GeekWire Events Calendar
Can box office sales be predicted? We’ll show you how it can be by using Python, as well as introducing core data science concepts and processes. In this practical workshop, you’ll use a dataset to build a predictive model to help you predict box office sales.
Suggested Experience Level:
Beginner – no previous knowledge of Data Science is required, though some programming background is helpful
What to Bring:
How to Find Us:
The event will be held at the Pioneer Collective located at 100 S King St #100, Seattle, WA 98104. Upon entering the space, the meeting roo…
2019-08-06 16:15:34-07:00 Read the full story…
Weighted Interest Score: 2.4883, Raw Interest Score: 1.3997,
Positive Sentiment: 0.0000, Negative Sentiment 0.0000
Case Study: CEMEX Works to Become a Data-Driven Company
Digital transformation is alive and well at CEMEX, a global leader in building materials. It started its journey two years ago, evolving from a traditional brick-and-mortar business model to a digital one where customer-centricity is the dominant factor over product-centricity.
Now it needs to become an even more data-driven company, where its data powers digital transformation rather than just informing reports and supporting business intellige…
2019-08-01 07:35:53+00:00 Read the full story…
Weighted Interest Score: 2.3252, Raw Interest Score: 1.4590,
Positive Sentiment: 0.3495, Negative Sentiment 0.0760
Inception Spotlight: AI App Chudo Can Create A Cartoon Emoji of Yourself – NVIDIA Developer News Center
Looking to create a cartoon emoji version of yourself? This new AI app can help.
Chudo is a new deep learning-based messenger app that can turn users into personalized cartoon characters.
“Each avatar is unique and personalized to its user,” the company explained. “In Chudo you can be anyone you want: a human digital copy of yourself, a unicorn, a rabbit or even a tiger!”
Developed by startup Magic Unicorn, a new member of the NVIDIA Inception…
2019-08-06 17:03:53-07:00 Read the full story…
Weighted Interest Score: 2.2904, Raw Interest Score: 1.3088,
Positive Sentiment: 0.0818, Negative Sentiment 0.0000
Do Institutions Own Midpoint Holdings Ltd. (CVE:MPT) Shares?
If you want to know who really controls Midpoint Holdings Ltd. (CVE:MPT), then you’ll have to look at the makeup of its share registry. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. Warren Buffett said that he likes ‘a business with enduring competitive advantages that is run by able and owner-oriented people’. So it’s nice to see some insider own…
2019-08-07 22:01:34+10:00 Read the full story…
Weighted Interest Score: 2.2722, Raw Interest Score: 1.4844,
Positive Sentiment: 0.1528, Negative Sentiment 0.1528
The London Stock Exchange buys Refinitiv
A ROUND 2AM , as the London Stock Exchange Group ( LSE ) hammered out an agreement with Blackstone to buy Refinitiv, a data-provider, mice scurried out of the corners. Unfair tactics, quipped the Blackstone side. But the American private-equity firm still struck a superb deal. On July 27th the LSE said it would buy Refinitiv (including its debt) for $27bn in shares. Blackstone has doubled its money in ten months after buying 55% of the data firm …
2019-08-01 00:00:00 Read the full story…
Weighted Interest Score: 2.2162, Raw Interest Score: 1.3307,
Positive Sentiment: 0.0246, Negative Sentiment 0.2218
Amazon scientists improve Alexa’s ability to understand context
Pinpointing the person, place, or thing someone’s referring to in a question has been a longstanding challenge for systems like those underpinning Alexa. One trick often used to solve this reference resolution problem is slot carryover, which employs syntactic context to narrow down the target noun. For instance, if someone asks “When is Lion King playing at the Bijou?” and follows up with the question “Is there a good Mexican restaurant near the…
2019-08-07 00:00:00 Read the full story…
Weighted Interest Score: 2.1801, Raw Interest Score: 1.3039,
Positive Sentiment: 0.2551, Negative Sentiment 0.1984
IBM Goes Big On Red Hat with OpenShift Integration
IBM says its cloud portfolio would be modified to run on Red Hat’s OpenShift with specific Cloud Paks released. OpenShift is the industry’s most comprehensive enterprise Kubernetes platform, and Red Hat Enterprise Linux, the world’s leading enterprise Linux platform.
IBM in July concluded its $34 billion purchase of Red Hat, the leader when it comes to open source Linux deployments. IBM said it will utilize the Red Hat’s open-source Linux expert…
2019-08-07 06:42:41+00:00 Read the full story…
Weighted Interest Score: 2.1684, Raw Interest Score: 1.3675,
Positive Sentiment: 0.2149, Negative Sentiment 0.0586
How to Make a Scatter Plot in Python using Seaborn –
How to Make a Scatter Plot in Python using Seaborn
Data visualization is a big part of the process of data analysis. In this post, we will learn how make a scatter plot using Python and the package Seaborn. In detail, we will learn how to use the Seaborn methods scatterplot, regplot, lmplot, and pairplot to create scatter plots in Python.
More specifically, we will learn how to make scatter plots, change the size of the dots, change the markers…
2019-08-05 17:34:34+00:00 Read the full story…
Weighted Interest Score: 2.0962, Raw Interest Score: 0.8935,
Positive Sentiment: 0.0258, Negative Sentiment 0.1632
Healthcare IT software maker Medstreaming raises cash to help hospitals and researchers analyze data
Medstreaming is raising investment to help hospitals and researchers analyze their data with artificial intelligence.
The Redmond, Wash.-based healthcare IT company reeled in $22.6 million as part of an equity round, according to a regulatory filing. Company representatives declined to comment on the filing.
Founded in 2006, the company is attacking a common frustration in healthcare: data is often fragmented and difficult to work with.
2019-08-06 17:31:12-07:00 Read the full story…
Weighted Interest Score: 1.9120, Raw Interest Score: 1.4229,
Positive Sentiment: 0.0000, Negative Sentiment 0.1779
Meet the 6 startups joining the Oregon Enterprise Blockchain Venture Studio
The Oregon Enterprise Blockchain Venture Studio announced its first class on Tuesday.
The new public-private program is designed to support startups developing blockchain products for businesses. R/GA Ventures, the investment arm of R/GA, an international advertising and marketing firm under the Interpublic Group of Companies umbrella, operates the studio, which is based at R/GA Portland’s Pearl District office.
The six participating companies …
2019-08-06 16:01:14-07:00 Read the full story…
Weighted Interest Score: 1.8262, Raw Interest Score: 1.2960,
Positive Sentiment: 0.3240, Negative Sentiment 0.0295
How to tell if you were affected by the Capital One breach
Capital One has issued guidelines on how to determine if your credit card account was affected by the data breach involving more than 100 million people and steps you can take to shore up security.
The company said Monday the largest category of jeopardized data was information on consumers and small businesses as of the time they applied for credit card products from 2005 through early 2019.
The data included personal information the company s…
2019-07-30 00:00:00 Read the full story…
Weighted Interest Score: 1.8160, Raw Interest Score: 0.8475,
Positive Sentiment: 0.0404, Negative Sentiment 0.5650
Average H-1B Salary: How Does It Compare to Yours?
As promised, the Trump administration has begun revealing the names of contractors that utilize H-1B workers. In addition, a new Department of Labor dataset gives us some granular insight into the average H-1B salary.
This is a very big deal. Although the U.S. Citizenship and Immigration Services (USCIS) hosts an interactive H-1B Employer Data Hub that makes it easy for anyone to look up which employers are relying on foreign workers with specialized knowledge, it’s been much harder to determine if and where those companies are sending their H-1B wo…
2019-08-06 00:00:00 Read the full story…
Weighted Interest Score: 1.8119, Raw Interest Score: 1.0302,
Positive Sentiment: 0.0491, Negative Sentiment 0.1472
7 hard to ignore reasons to take on data analytics as a career
If you are still wondering what is the best career move for you then you can choose data analytics as a career option. There are several reasons for it that you will find hard to ignore. If you are a believer in statistics then there is enough of it to encourage you as well. According to recent research, it is estimated that there are about 2.7 million job postings coming up in the US alone by the end of 2020.
This is because more and more compa…
2019-08-05 13:40:05+00:00 Read the full story…
Weighted Interest Score: 1.7374, Raw Interest Score: 1.1026,
Positive Sentiment: 0.5513, Negative Sentiment 0.0501
Report: Asset managers hesitate with Libor transition
While asset managers may wait for their counterparty banks to navigate them through the transition away from the London Inter-bank Offered Rate (Libor), the buy side cannot afford to be complacent as the rate gets phased out. But in some instances little preparation has been done.
“We’ve been talking to banks primarily but also some fund managers and even within the banks, very few have started doing anything other than their due diligence yet,”…
2019-08-02 00:00:00 Read the full story…
Weighted Interest Score: 1.5934, Raw Interest Score: 0.9089,
Positive Sentiment: 0.0673, Negative Sentiment 0.3142
The Inspection Paradox is Everywhere
The inspection paradox is a statistical illusion you’ve probably never heard of. It’s a common source of confusion, an occasional cause of error, and an opportunity for clever experimental design.
And once you know about it, you see it everywhere.
How many students?
One of my favorite examples is the apparent paradox of class sizes. Suppose you ask college students how big their classes are and average the responses. The result might be 90. Bu…
2019-08-06 09:22:40.833000+00:00 Read the full story…
Weighted Interest Score: 1.5261, Raw Interest Score: 1.0235,
Positive Sentiment: 0.0731, Negative Sentiment 0.1919
The Apple Card launches to select users today—here’s everything you need to know
Apple announced on Tuesday, August 6, that the Apple Card will be released to a random selection of people who opted into the “notify me” list that opened earlier this year. These participants will be the first consumers to preview the much anticipated credit card that is backed by Goldman Sachs and part of Mastercard’s global payment network. In the months since the card was announced, Apple has gradually been dropping details about the card’s f…
2019-08-05 00:00:00 Read the full story…
Weighted Interest Score: 1.3751, Raw Interest Score: 1.2336,
Positive Sentiment: 0.1011, Negative Sentiment 0.1011
Samsung Galaxy Watch Active 2 vs Apple Watch Series 4 [Comparison]
Just a few months after unveiling the Galaxy Watch Active, Samsung has now launched the second-generation Galaxy Watch Active. The Korean company didn’t want to wait a full year before refreshing its wearable device. The Galaxy Watch Active 2 brings tons of cool features such as stylish design, a digital rotating bezel, and better fitness tracking than its predecessor. The Watch Active 2 will be competing with the immensely successful Apple Watch…
2019-08-06 17:04:20+00:00 Read the full story…
Weighted Interest Score: 1.0521, Raw Interest Score: 0.8183,
Positive Sentiment: 0.1559, Negative Sentiment 0.1039
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