1. The BIG Alternative Data Showcase Event.

2. Featured dataset: Geo-location data provider.

3. Case study: Eagle Alpha predicted Weak Q2 for Starbucks using email receipt and Google search data.

4. Research question for a Bespoke Project: What are the trends in customer service track records of low-cost carriers compared to major airlines?

5. Vendor access: Labor market data provider planning a roadshow in the UK week starting September 11th.

6. Did you know? According to the Barclays survey, asset managers already allocate 10% of the headcount and 3-5% of revenues to data initiatives.

7. Featured articles: 1) LinkedIn loses legal right to protect user data from AI scraping; 2) Baillie Gifford to leverage AI for fund performance boost; 3) Hedge funds tap smartphone data to sniff out profits.

8. Contribute to our newsletter.

9. Update on Eagle Alpha’s solution.

 

1. The BIG alternative data showcase event.

Following Eagle Alpha’s successful data showcase events in New York and London, we are proud to announce the launch of the largest ever alternative data showcase event.

We are handpicking up to 50 alternative data vendors to pitch to buyside firms on Tuesday 5th December 2017 in New York. Gold sponsor: Lowenstein Sandler.

This is a must attend event for anyone interested in alternative data. Contact us to learn more –enquiries@eaglealpha.com.

2. Featured dataset: Geo-location data provider.

Vendor Overview: This provider delivers real-time information on places, people and products by processing data from over 1.5 billion devices (smartphones, laptops, tablets, IoT devices, connected cars, smart home technology, wearables, etc.) to understand consumer behavior at a global scale.

Dataset Overview:

  • History: Since January 2015.
  • Geography: Worldwide.
  • Delivery: CSV/Excel/API/TSV/JSON.

The rest of this dataset profile is available to clients of our Data Sourcing package.

Our database has 501 providers. Contact us for more information – enquiries@eaglealpha.com

3. Case study: Eagle Alpha predicted Weak Q2 for Starbucks using email receipt and Google search data.

Using email receipt and Google search data, Eagle Alpha published a research report on July 14th predicting a weaker June quarter for Starbucks versus consensus.

Figure 1 below shows that according to Eagle Alpha’s predictive model Bloomberg estimates for Starbucks FYQ3 were too high. Consensus revenue estimates were at $5.75bn as analysts were predicting a YoY revenue growth of 9.9%.

Eagle Alpha’s Starbucks search index (figure 2) was in line with the previous two quarters, calling into question consensus expectations for SSS to accelerate later in 2017.

On July 28th 2017, Starbucks reported weaker-than-expected results with revenues of $5.66bn versus consensus estimates of $5.75bn. The company lowered its full year 2017 forecast giving weak same store sales guidance. Starbucks also decided to close all 379 of its Teavana stores.

4. Research question for a Bespoke Project: What are the trends in customer service track records of low-cost carriers compared to major airlines?

Contact us to receive a document outlining the answer.

5. Vendor access

  • Roadshow: Labor market data provider planning a roadshow in the UK week starting September 11th. Contact us to learn more.
  • December 5th – We will host our next data showcase event with up to 20 alternative data vendors presenting and up to 50 exhibiting. This is a must attend event. Contact us for further information.

6. Did you know?

Barclay’s Strategic Consulting team analyzed data from over 64 hedge funds and 25 investors to chart the use of big data throughout the investment process.

They found that asset managers already allocate 10% of the headcount and 3-5% of revenues to data initiatives, 62% of respondents confirmed their investments in machine learning and 54% in alternative/big data (including web scraping, social media, satellite data, credit card data, etc.).

7. Featured articles

LinkedIn loses legal right to protect user data from AI scraping.

Baillie Gifford to leverage AI for fund performance boost.

Hedge funds tap smartphone data to sniff out profits.

8. Contribute to our newsletter

We work with domain experts to promote their expertise to investment managers worldwide. Contact us to get featured in our newsletter which is distributed to 3,700+ people on the buyside – enquiries@eaglealpha.com.

9. Update on Eagle Alpha’s offering

There are 6 parts to our solution:

Education:

1. Teach-ins: firms use our teach-in to catch up with the early adopters.

2. Thought Leadership: clients license our Thought Leadership offering to stay ahead of competition.

Alpha:

3. Bespoke Projects: clients that don’t have the skillset or capacity to work with alternative data engage us on a bespoke basis.

4. Data Insights: we recently started to publish reports based on a consumer transaction dataset.

5. Analytical Tools: clients use one of our tools to track expert commentary.

6. Data Sourcing: a key pain point is what datasets to prioritize. We advise clients on the most relevant datasets for their specific needs.

Data beats opinion,

Eagle Alpha