Alternative Data Vendor Newsletter #25 – August 23rd

Key Highlights 

Vendor Solutions Webinar

  • Looking to succeed in monetizing investor data? You don’t want to miss our guest speakers in this month’s webinar:  

    Hear from their experience and gain key insights into how to succeed in the alternative data space. The webinar will be hosted at 8:30 am PDT/11: 30 am EST/4: 30 pm BST 

Contact dataenquiries@eaglealpha.com to register for the webinar

Meltwater Publication

  • Samantha Monk‘s, latest article delves into how alternative data insights could have predicted Netflix’s loss in earnings ahead of their second-quarter earnings report. Eagle Alpha’s Hugh O’Connor; is cited in the article. He notes that “demand for alternative data continues to rise across the industry. Increasingly Eagle Alpha are fielding requests from discretionary fundamental clients which want to gain new or differentiated insight into key stock drivers for a small concentrated portfolio of companies.”  

$2.4 Million Funding Raised

  • Eagle Alpha is pleased to announce the latest round of funding of over USD $2.4 million; our largest funding round to date. The funds will be used to further the expansion of Eagle Alpha’s talent and expertise. Eagle Alpha will hire additional data scientists and engineers to strengthen our technical focus. 
  • Eagle Alpha will hire additional data scientists and engineers to strengthen our technical focus. “With the support of our strategic investors we are accelerating the development of our technology solutions, expanding our number of data partners, increasing penetration of our existing buy-side vertical and paving the way for new verticals such as private equity and corporate entities,” said Emmett Kilduff.  

Platform Update

  • Data vendors now have the ability to upload documents to their profile. Vendors are encouraged to upload sample data, data dictionary, case studies, legal & compliance documents, whitepapers, and a marketing deck to their profile. A dataset profile that includes sample data, data dictionary, and relevant documents, will enable the buyer to understand the deliverable and decide if they want to contact the vendor. 

      Ticker Signals

      • Eagle Alpha is pleased to announce the launch of their proprietary dataset Ticker Signals. Ticker Signals tracks investor attention towards stocks of the top 1,000 US companies by market capitalization by analyzing trends of over 3,500 online search terms on a weekly basis.
      • In addition to high frequency and wide coverage key features of Ticker Signals include:
        • Users have access to 10 years of historical data, mapped to an identifier of choice
        • Ticker Signals can be used as a predictor of trading volume, forthcoming market volatility as well as direct indication of future share price movement
      • Eagle Alpha offers a number of delivery options including the Eagle Edge dashboard solution and CSV.

        To find out more contact our team at enquiries@eaglealpha.com

        Active Data Requests

        • US datacenter pricing in top US markets  

        • Risk exposure per stock to interest rate/FED FOMC decisions  

        • Wayfair promotion/ pricing 

        • AAP pricing datasets 

        • Data in the German economy  
          • Track and understand the health of the German Mittelstand.
          • Measure manufacturing output, transportation, hiring trends, etc

         Login to your Eagle Alpha account and update your dataset product information to generate exposure to the buy-side funds. If you do not have an Eagle Alpha account yet you can create one free of charge at the following link and market your product to the top investment funds. 

        Industry Intel

        • The article delved into alternative data signals generated by Meltwater and SimilarWeb to monitor four data types sentiment score of the product review, social media sentiment, monitoring news media, and App downloads. ‘those who embrace data-driven decision-making – or at least, who take the time to make sure that their instincts are backed up by external data– have a distinct advantage over those who don’t. Click here to read the article. 

        • Big data and predictive analytics are not only changing the business models of investment funds, but corporates and private equity funds are also rapidly shifting their decision making by adopting alternative data. Big data is mitigating the technical barrier erstwhile face by the smaller organization, and relying more on internal and external data is giving the smaller player an opportunity to level up with the leading players of the market. Click here to read the article. 

        • Facing the recent privacy challenges, Facebook started deploying ‘Off-Facebook Activity’ tool, which allows the users to monitor the apps and business which are sending data to Facebook. However, this may not mean that the data history will also be deleted, this would just clear the cache on a browser. ‘Once third party apps and businesses are disconnected, Facebook confirmed that they will remain that way indefinitely – although by default they will be connected’. Click here to read the article. 

        Events You Should Attend

        Large Scale Access & Alpha Event:  

        • London in November. 

        Contact dataenquiries@eaglealpha.com to register your interest for the event. 

        Webinar: 

        • The ninth edition of our Vendor Solutions webinar is on August 29th, at 11.30am ET – 12.30pm ET

        Contact dataenquiries@eaglealpha.com to register for upcoming webinars.