Alternative data
avatar

Monika Maslauskaite

Jul 09, 2021 1 min read

The growing significance of alternative data cannot be nay-said, and neither can it be downplayed. Though an emerging data analysis paradigm, alternative data is precious for organizations and investment managers, as seen through statistics on spending and independent studies.

Simply put, alternative data is information that provides investors or businesses with an edge over their competitors; companies use it to generate predictive insights. This makes it an integral part of financial analysis as it facilitates good investment and business decision making.

Alternative data refers to the information beyond fundamental datasets, earning calls by companies, or filings with the relevant regulatory bodies. It includes:

  • Geolocation data from smartphones
  • Satellite imagery
  • Web scraped data

Our white paper “Why Is Alternative Data Playing an Increasingly Larger Role in Financial Markets?” reveals how alternative data is boosting applications within the financial market, such as predictive analytics, research verification, and sentiment analysis, as well as provides solutions to challenges that you may face while collecting alternative data.

Download white paper

What can you expect from this white paper? 

In this white paper, you’ll find out: 

  • What is alternative data?
  • Why is alternative data important to financial markets?
  • How monitoring and tracking data influences business decisions?
  • How can alternative data help in making informed decisions?
  • How alternative data brings value to investors?
  • What are the key challenges of collecting alternative data?
  • How can AI and ML help to collect alternative data?

Download our white paper about alternative data in financial markets and find out how to deal with challenges while scraping alternative data for financial applications.

avatar

About Monika Maslauskaite

Monika Maslauskaite is a Content Manager at Oxylabs. A combination of tech-world and content creation is the thing she is super passionate about in her professional path. While free of work, you’ll find her watching mystery, psychological (basically, all kinds of mind-blowing) movies, dancing, or just making up choreographies in her head.

All information on Oxylabs Blog is provided on an "as is" basis and for informational purposes only. We make no representation and disclaim all liability with respect to your use of any information contained on Oxylabs Blog or any third-party websites that may be linked therein. Before engaging in scraping activities of any kind you should consult your legal advisors and carefully read the particular website's terms of service or receive a scraping license.

Related articles

ML-Based Adaptive Parser Is Now In Production

ML-Based Adaptive Parser Is Now In Production

Jul 23, 2021

3 min read

What Is a Bot and How Does It Work?

What Is a Bot and How Does It Work?

Jul 13, 2021

7 min read

How to Detect Bot Traffic?

How to Detect Bot Traffic?

Jan 08, 2021

6 min read