Traders have long way to go in use of AI and alt data

Pensions & Investments

The industry is still largely focused on “good, clean market data” but needs to adapt to the rapidly evolving data economy. Read More

Deloitte report: Alternative data for investment decisions

Deloitte

Deloitte put together a comprehensive report on alternative data for investment management, with an aim to help early adopters evaluate and mitigate risk. Read Summary » Read Report »

Two Sigma rises rapidly to top of quant hedge fund world

Financial Times

Two Sigma jumped past the $50bn AUM mark earlier this month, putting it on par with Renaissance. Read More

Tech giants pay huge salaries for scarce AI talent

The New York Times

It’s simple supply and demand: Fewer than 10,000 people in the world have the skills necessary to tackle serious artificial intelligence research. Read More

Satellite data shows promise for oil

Bloomberg

Satellite data suggests that the energy and financial markets may be underestimating China’s demand for oil. Read More

Location data needs more than GPS

Co.Design

Tall buildings, vertical location and surroundings are some of the challenges Foursquare is tackling with machine learning. Read More

How universities are failing finance students

Institutional Investor

Finance programs still focused on the capital asset pricing model are ignoring alternative data and putting their students at a disadvantage. Read More

Alt data trends: ESG, unstructured and non-US data

MarketBrains

Neudata Founder and CEO Rado Lipuš offers some valuable insights on alternative data for the buy-side. Read More

Computer finds missile sites with satellite data

SpaceNews

Interested in applications of satellite imagery and deep machine learning outside of finance? Here’s a piece on how US defense and intelligence agencies are using the technology. Read More

Robots are coming for these Wall Street jobs

Bloomberg

Bloomberg illustrates with ingenuity the struggle between humans and automation in Wall Street. Some jobs have proven far more challenging for computers to take over. See if yours is at risk. Read More

Ocean’s blockchain protocol to power decentralized data marketplaces for AI

International Business Times

Ocean aims to democratize data with blockchain technology, making it accessible to a much broader set of people — while still respecting privacy. Read More

Maverick Capital starting two quant funds

Business Insider

Proof positive that data science and quantitative analysis continue to hold the attention of fundamental managers. Read More

Using alternative data for good measure

Financial News

AXA Rosenberg Equities has begun using language-processing algorithms to scour company reports and news to track companies with the best approach to ESG. Read More

Three things data scientists can do to help themselves and their organizations

Dataconomy

IBT presents three actions that any data scientist can take to maximize benefit to themselves and to the companies that they serve. Read More

Blockchain goes corporate

International Business Times

2017 marked a record-breaking peak in corporate funding for blockchain projects. Japanese finance giant SBI Holdings was the world’s largest investor, beating out Google. Read More

Alternative datasets lead to smarter investments

Seeking Alpha

YCharts explains how new alternative datasets can lead to smarter investments for managers, highlighting the power of events-focused data. Read More

Charting the US retail revolution

Financial Times (subscription)

The retail industry is not going away but many traditional players are adapting to the new digital realities — posing challenges for investors. Read More

New on Quandl: Intraday FX data

Finance Magnates

We are pleased to announce that CLS’ near real-time FX volume, pricing and order flow data reports are now available on Quandl. Finance Magnates reports on the deal. Read More

System2 predicts JCPenney store closures

Bloomberg

Matei Zatreanu, formerly of King Street Capital, explains how he uses alternative data to predict retailer performance for real estate customers. Read More

Insider trading and data privacy

Newsweek

Questions are being raised about compliance as investors clamor for alpha-generating datasets. When exactly does investing with this information become insider trading? Read More

The simplest way to gauge the oil market

Medium

Non-profit TankerTrackers.com shares their straightforward recipe for calculating oil storage tank levels. Get your rulers ready. Read More

Building profit from data

Construction Global

Quandl CEO Tammer Kamel discusses the value of data from the construction industry. Read More

Farmers Edge and Planet ink partnership

CBC

The two companies are joining forces to help growers across the world improve crop performance with “the world’s largest fleet of earth imaging satellites”. Read More

Goldman Sachs hires a chief data officer

Business Insider

Goldman Sachs showcases its commitment to technology and data with its latest hire. Read More

Nasdaq CEO comments on the company’s future

Financial Times (subscription)

After a company-wide review, Nasdaq looks to modernize with data and analytics. Read More

The perils of curve-fitting

ValueWalk

Man Group CIO Sandy Rattray envisions adoption in machine learning when quants eventually loosen their control and start to let “the model learn from the data on its own”. Read More

Morgan Stanley’s report on quant investing

eFinancialCareers

A summary of salient points from Morgan Stanley’s 65-page report on factor and quant-based investing, with an eye towards areas most poised for future growth. Read More

AI teaches itself sentiment analysis

Digital Journal

When tasked with predicting the next character in Amazon reviews, OpenAI’s neural network ended up analyzing sentiment — without any input from its creators.Read More

From satellite signals to stock picking

Dataconomy

The COO of Empiric Capital discusses the valuable intersection between technology and stock returns. Read More

The race to AI in finance is a marathon, not a sprint

Bloomberg Professional Services

The future of finance that many envision, one where robots identify trends or make independent decisions, is still a long way off. AI continues to be more an augmentation to task-oriented projects where human intervention is essential. Read More

Fintech’s many verticals

Hacker Noon

This article takes a look at why and how the financial services industry is best positioned to utilize AI across a number of wide-spanning applications. Read More

Satellite-imagery estimates carbon emissions

Nature

Though not directly related to finance, something still worth noting: Satellite-imagery is helping to estimate carbon levels in the atmosphere. Read More

Whole Foods price cuts attract new customers

Business Insider

Our friends over at Thasos Group released a report on major retailer foot traffic, captured from mobile geolocation data. Read More