Teza sells high-speed trading as lucrative business sours
Financial Times
Teza sells its high-speed trading business to Houston-based Quantlab Financial for an estimated US $20–30 million. Read More
Goldman building robo-adviser for the masses
Reuters
Goldman Sachs seeks to broaden their customer base by building a robo-adviser geared to mass affluent customers. Read More
Pit.ai goes back to basics to outperform hedge funds
TechCrunch
Google Fellow and Oxford PhD launches Pit.ai, a machine learning-powered hedge fund that aims to outperform Numerai, Quantopian and others with a unique recipe for seeking alpha. Read More
RavenPack secures $5m investment
Finance Magnates
We’re thrilled for our friends at RavenPack, who have secured $5 million in funding from Draper Esprit to broaden access to their unstructured data analytics. Read More
Foursquare offers Analytics product for retailers
Marketing Land
Foursquare continues its transformation into a data company by announcing Foursquare Analytics, a dashboard that captures retailer foot traffic. Read More
Banks and tech firms battle over data
New York Times
Banks may soon restrict the data they pass to fintech aggregators like Yodlee and Betterment, which could hurt the value of these datasets for investors. Read More
Rise of the machines
DataDisrupt
Join Quandl CEO Tammer Kamel for a rousing panel on AI and alternative data at DataDisrupt in New York City on March 30. Read More
We asked, you answered!
Quandl
Thanks to those of you who answered our Alternative Data Weekly survey. We’ve published a brief summary of the results for your review. Read More