The quants run Wall Street now

The Wall Street Journal (subscription)

For decades, investors imagined a time when data-driven traders who live by algorithms rather than instincts would become kings of Wall Street. That day has arrived. Read More

Tudor Investment backs CargoMetrics, Numerai

Bloomberg

Paul Tudor Jones strengthens his bet in the future of alternative data by adding CargoMetrics to his portfolio of AI-powered funds. Read More

Big data goes alternative

Seeking Alpha

Seeking Alpha covers the rise of alternative data for investing and wonders whether we will drown in a sea of bytes or find the signal among the noise. Read More

Quants are not saving the world

Bloomberg View

Matt Levine nails it as usual, this time with the level of self-awareness he ascribes to Silicon Valley versus Wall Street. Scroll to the “Quants quants quants quants” section for a chuckle. Read More

The rise of amateur oil sleuths

The Wall Street Journal (subscription)

Alternative data for crude trading goes mainstream. Hidden data sources that can predict the price of oil are being surfaced — and given away. Read More

Start-ups powering the future of farming and agribusiness

CB Insights

Interested in the potential of alternative data for agtech? Have a look at this CB Insights infographic, with coverage of over 100 start-ups in the space. Read More

Alt data arrives to the insurance sector

PR Newswire

Carpe Data uses real-time web and social data to offer insights to the underwriting and claims process for the insurance industry. Here they announce their Series A raise of $6.6 million. Read More

Peter Hafez to speak at CQF Institute

RavenPack

Join RavenPack’s Chief Data Scientist, Peter Hafez, in London on June 12 as he presents his work on “Exploiting Alternative Data in the Investment Process”. Read More

Wall Street Wants Your Data [Webinar Recording]

Quandl

Watch a recap of Quandl’s webinar on monetizing data for Wall Street, which took place earlier this afternoon. Watch the Recording »

Renaissance and Two Sigma now second biggest hedge funds in US

Forbes

Renaissance and Two Sigma experience explosive growth as investors build enthusiasm for hedge funds that use computers, math and big data to generate big returns. Read More

Transforming the discretionary portfolio manager

Estimize

This long-form piece from Estimize is required reading for anyone who wants to understand the massive upheaval in the discretionary institutional management industry. Read More

Nasdaq unveils alternative data offering

Markets Media

Nasdaq gets in the alternative data game with the announcement of their analytics hub, which combines alternative data with basic machine learning. Read More

Organizing talent to succeed with alternative data

Integrity Research Associates

We agree with Yipit Data’s assessment of how to recruit and organize a team that will succeed with alternative data. Hint: Keep your engineers and your quants very close together. Read More

The hedge fund “Rich List”

Bloomberg View

Bloomberg’s Matt Levine offers his thoughts on the hedge-fund “Rich List”, noting that while the usual suspects cracked the top 5, their actual earnings are less impressive than years past. Read More

The future of AI will be fueled by unstructured data

BostInno

This article predicts that AI will transform business much as electricity did a century ago, but not until AI algorithms properly encompass unstructured data. Read More

Corporate events plus data equals trading opportunity

Markets Media

It may not be the sexiest form of alternative data but Wall Street Horizon’s Barry Star is convinced that rich, detailed corporate event tracking produces returns. Read More

Join Quandl’s webinar: “Wall Street Wants Your Data”

Quandl

Quandl’s webinar on monetizing data for Wall Street is happening Thursday May 25 at 1:00pm ET. Register today to learn everything you need to know about selling your exhaust data. Read More

The many rewards of paying bills late

Bloomberg View

Quandl partner Dun & Bradstreet presented research on the significance of late payments at our Alternative Data Conference back in January. Bloomberg summarizes. Read More See the Data

Succeeding with alternative data and machine learning

Domino Data Lab

Data scientist Kathryn Hume recently left Fast Forward Labs to join Toronto-based integrate.ai. Before she left, she gave this informative talk on succeeding with alternative data. Read Article

Data replaces oil as world’s most valuable resource

The Economist

According to The Economist, data has become “the oil of the digital era.” While this has created opportunity for tech titans, it also raises questions about data antitrust laws. Read More

MapD open sources GPU-powered database

MapD

MapD continues to innovate. They have open sourced the MapD Core database and associated visual libraries, enabling others to harness the power of GPUs. Read More

Wall Street wants your waste

Waste Dive

Quandl CEO Tammer Kamel chimes in on an odiferous alternative data source: waste production. It’s true what they say — “one man’s trash is another man’s treasure.” Read More

Powering lending portfolios with alternative data [Web Seminar]

National Mortgage News

Buy-side alternative data provider Yodlee sets their sights on the lending community, offering their data to power lending portfolios. Read More

Neudata names Dr. Robert Benson advisor in London

Automated Trader

Neudata recently appointed Stephen Morse as advisor in the US. Now they’ve named Dr. Robert Benson as an advisor in London. Read More

All the president’s friends: political access and firm value

The National Bureau of Economic Research

This paper suggests that corporate executive meetings with policymakers predict positive abnormal stock returns (abstract only). Read More

Hard-hitting questions about quantitative finance (video)

Bloomberg

Cuemacro founder, Saeed Amen, answers some tough questions about quantitative finance from Bloomberg’s Joe Weisenthal and Scarlet Fu. Read More

Trump drove forex trade surges in first 100 days: CLS study

Reuters

Quandl partner CLS Group studied currency market fluctuations during Trump’s first 100 days in office and noticed some clear patterns, including volume spikes around key events. Read Article » Download CLS Report »

QMA’s slant on big data

Institutional Investor

$116 billion multi-asset manager QMA offers insights into the man-machine approach it now uses to seek alpha. Read More

Bringing stock trading into the 21st century

LinkedIn

Quant guru Igor Tulchinsky pens a thoughtful piece on LinkedIn about shortening T+3 using the distributed ledger technology underlying Bitcoin. Read More

The buy-side appears to be winning the talent war

eFinancialCareers

Hedge funds, investment banks and asset managers are battling to attract experts in big data, data science and AI. This article investigates why buy-side firms are pulling ahead. Read More

Ursa expands coverage of oil inventories in China

Ursa Space

Ursa Space Systems announces the expansion of their China Oil Storage product, now offering enhanced, transparent coverage of oil reserves in China. Read More

The authoritative guide to selling data (Quandl white paper)

Quandl

We took all the knowledge we gained over the past year from vetting more than 100 alternative data products and put it into this authoritative guide that explains everything you need to know about selling your data to financial professionals. Read the White Paper »