Bloomberg Terminal users now have access to web traffic data from Similarweb through the {ALTD<GO>} command, an offering intended to assist trading firms that want to better understand online behavior. The inclusion of Similarweb’s data and analytics will “significantly enhance” Bloomberg’s set of alternative data offerings, officials say. “Similarweb is the latest alternative dataset integrated… Read More >>
AI & ML Will Jolt Back Offices: Report
While there has been a lot of hype over disruptive technologies and trends, artificial intelligence (AI) and machine learning (ML) could have the biggest impacts upon securities operations, according to a survey of asset managers, conducted by vendor Eagle Investment Systems and the Hegarty Group, a market research firm. The report’s authors acknowledge that while… Read More >>
Harnessing Alternative Data Will Decide Firms’ Futures: Report
The financial services industry is overflowing with streams of data to comply with the glut of post-financial crisis regulations. However, sell and buy-side firms are increasingly looking to harness this information to formulate trading and investment ideas, according to a new report from consultancy Opimas. The study estimates that investments in the race to master… Read More >>
