TECHGuru

  Alternative Data Market : Evolution Contours The groundswell of attention that alternative data has garnered among investors stems from the growing role of these non-traditional data sources in evaluating the health of a company or the return on investment. These comprise data points that are obtained outside of traditional sources that are typically present in financial statements, management presentations, press releases, and SEC filings. The interest in the alternative data is relatively a recent phenomenon, but in recent years have gathered incredible steam. The growth of the alternative data has pivoted on the growing business proposition of vast volumes of data sitting on personal devices waiting to be exploited for informing financial decisions. Companies are growing their stakes in offering products and services that enable end users to collect, clean, analyze, and offer helpful insights for guiding decisions on investment, fund trading, and risk management. Preliminary s...