Alternative data tools and services
Paris Tung, Associate (London)
Over the past 12 months, we have been observing increased interest from our clients for alternative data solutions and service providers – namely, web scraping services, NLP tools, backtesting and signal detecting services, and portfolio analytics platforms. This Intelligence report offers an introduction into these four cohorts, and highlights the key vendors to be aware of.
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WEB SCRAPING SERVICES
Web scraped data has become one of the core alternative data assets in the market today. Despite a growing number of funds carrying out web scraping in-house, we have been observing demand from investors for outsourced web scraping services.
There are several reasons we believe investors have been expressing interest in outsourced web scraping services, such as:
The costs of building and maintaining their own models – for example,