71% of investment managers and analysts with a focus on fundamental investing are already using third-party software systems, a recent report from data fintech Exabel says.
Il fenomeno, secondo il 69% degli investitori professionali intervistati da Exabel, è dovuto al fatto che sia più economico affidarsi a software di terzi piuttosto che investire nei propri sistemi interni.
‘On the one hand, however powerful your engine, a Ferrari with no fuel is going nowhere. But on the other, you may have the highest-grade fuel and not have an engine that can burn it and turn it into something useful.’
According to a new study from fintech Exabel, over half (53%) of portfolio managers and investment analysts who focus on fundamental investing say an overload of alternative data.
Selon une étude de la fintech Exabel, gérants de portefeuilles et analystes d’investissement s’intéressent aux données tirées des dépenses de consommateurs dont ils estiment qu’elles peuvent donner un avantage informationnel supplémentaire.
A new study from fintech Exabel asked portfolio managers and investment analysts who focus on fundamental investing on their use of alternative data and found that just 23 per cent described their organisation’s process for using it as ‘excellent’.
“We have partnered with Exabel from the start because the platform is the perfect balance for us,” says Chris Reid, CIO for startup fundamental long/short fund Iguana Investments.
Alternative data can tell in near real time the story of economic and financial market disruption now playing out, but asset managers need artificial intelligence to read it.
Exabel, which provides a simple-to-use artificial intelligence and machine learning platform to active investment managers and financial analysts, has gained clients in the UK and aims to expand into the US.