by CDO Review Staff | Aug 30, 2019 | Asset Management and Trading
Finding alpha in alternative data is a skill. Investment managers who expect a neatly-wrapped package of actionable insights along with their crop of brand new algorithms will surely be disabused. Mark Melin writes that it takes plenty of experience for analysts to...
by CDO Review Staff | Aug 30, 2019 | Uncategorized
The Consumer Financial Protection Board (CFPB) is now urging lenders to develop innovative means of increasing fair access to credit through the use of alternative data and machine learning to potentially discover “relationships not otherwise discoverable...
by CDO Review Staff | Aug 28, 2019 | Asset Management and Trading
Quandl, one of the leading alternative data providers, is rethinking its business strategy as traditional data giants Bloomberg and S&P crash the alternative data party. Dan DeFrancesco filed this report Quandl’s new for Business Insider: Tammer Kamel,...
by CDO Review Staff | Aug 28, 2019 | Asset Management and Trading
Everything is grist for the AI-powered analytical mill that processes the sentiment of corporate Twitter feeds, the CEO’s choice of executive car, turnover in accounting firms, company mentions in the daily paper, and a million other data points as asset managers and...
by CDO Review Staff | Aug 28, 2019 | Asset Management and Trading
Algo wheels have gained real traction among traders, and more growth is expected, according to a new survey — even if users might have trouble articulating exactly how an algo wheel works. Ivy Schmerken, editorial director for Flextrade, explains the benefits of...
by CDO Review Staff | Aug 28, 2019 | Asset Management and Trading
Financial media outlets are beginning to cover AI and machine learning-driven ETFs, coming soon to a broker near you. Most recently, CNBC covered an AI-driven ETF created by Robert Tull, head of Procure AM, an exchange traded product firm. Tull says that while his...
by CDO Review Staff | Aug 28, 2019 | Asset Management and Trading
When it comes to explaining a big 3 percent drop in the S&P 500 in August, the computers were an easy target. JP Morgan’s top trader Marko Kolanovic blamed the trading algorithms employed by many firms. Here is an excerpt from an article in Chief Investment...
by CDO Review Staff | Aug 28, 2019 | Asset Management and Trading
AI-driven trading algorithms have their champions but QMA Asset Management CEO Andrew Dyson is not one of them. Dysons says what while QMA is exploring the use of such AI trading software he doubts that usable trading signals could be deduced from these algorithms....
by CDO Review Staff | Aug 16, 2019 | Data Privacy & Security
New Hampshire Governor Chris Sununu signed into law a data security measure that established standards for the state’s insurance industry in terms of data protection, investigation of cybersecurity events, and notification procedures. The law will take effect on...
by CDO Review Staff | Aug 16, 2019 | Data Privacy & Security
Last July, New York State enacted a couple of new and tougher data security laws. The SHIELD Act takes effect on March 21, 2020 and it ups the state standard for the data security. The Identity Theft Prevention and Mitigation Act demands more positive action from...
