SEC adds alt data to 2020 examination priorities
The US Securities and Exchange Commission’s Office of Compliance Inspections and Examinations has added alternative data usage to its list of examination priorities for 2020.
Alternative Data News and Insight
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Clickstream data provider hits pause after Jumpshot controversy
Clickstream data providers are assessing the commercial viability of their datasets after news broke last week that Avast would stop providing user web-browsing data to its subsidiary Jumpshot. -
LinkedIn granted extension to file hiQ appeal with Supreme Court
LinkedIn is making good on its promise to fight back against hiQ Labs in the notorious web-scraping case that has gripped the alternative data community for the last two years. -
Investors look to data to explain coronavirus impact
Asset managers are turning to alternative data sources in the wake of China’s coronavirus outbreak in order to identify the impact the epidemic will have on their investments in the region. The human toll of the virus is still hard to fully quant... -
Avast drops Jumpshot following data collection scrutiny
Avast has indicated that it intends to stop providing user data to Jumpshot and will begin winding down its subsidiary’s operations effective immediately, according to a statement released today by Ondrej Vlcek, Avast’s CEO. -
Fasanara launches quant fund
Fasanara Capital, a London-based hedge fund with nearly EUR 1bn of assets under management, has opened its machine learning-driven fund to outside investors following a three-year proprietary trading period. -
Bloomberg’s alt data head joins Ascential
Jeremy Baksht, formerly the global head of alternative data at Bloomberg L.P., has joined retail consultant Ascential as the head of a new division dedicated to selling the firm’s digital economy data to hedge funds and private equity firms. -
Amplity Health acquires RealHealthData
Amplity Health, a pharmaceutical commercialisation conglomerate, has acquired RealHealthData, a healthcare data provider that gathers information from electronic medical records within the US. -
Yodlee draws ire of US lawmakers
Consumer transactional data provider Yodlee has come under fire from US lawmakers for collecting the financial transaction data of American consumers and selling it to hedge funds and other investors. -
Ex-Deutsche Bank research head bets on “nowcasting” strategy
Graham Giller, former head of primary research for Deutsche Bank, has launched a research company/family office focused on similar “nowcasting” strategies to those that he developed during his time at the bank.
