Industry News

Industry News

Big Data, Data Analytics in the News September 19 that the CloudQuant team found interesting this past week.

Big Data, Data Analytics in the News September 19

Quantitative Strategy, Trading, and Algo Development Industry News

13 Top-of-Mind Trends for Investment Managers

…  In addition, advanced analytics are altering financial analysis and decision-making processes, forcing them to understand machine learning and the implications of “big data.” Is it time to take stock of where you are as a firm with your technology? Any shout-outs for Google Analytics? Add to that investment professionals’ continuing struggle to fully incorporate the low, or negative, interest rate environment into the portfolio management process. In August, Federal Reserve Bank of St. Louis President James Bullard said interest-rate policy should be left on hold. …

New York’s Silicon Alley Is (Still) No Match for Silicon Valley

…  in a combined 342 deals, while New York venture-backed companies raised $2.8 billion in 153 deals, according to the MoneyTree Report by PricewaterhouseCoopers and New York-based CB Insights, a tech data analytics company. A big deficit for New York is the lack of a hugely successful homegrown company that has gone public, minting millionaires and billionaires who use their wealth to develop more tech startups. New York’s successful startups are on the scale of Etsy, Trello, and Tumblr. “The PayPal, Google, Facebook mafias of the Valley—there is not a similar thing here,” says Anand Sanwal, chief executiv…

Why Listen to Earnings Calls When Artificial Intelligence Can Do It Better?

… it has offered the service. [II Deep Dive: Younger, Cheaper, Smaller, Smarter: Meet the New Breed of Quants] Schnidman says the company is not looking for new patterns or investment insights in big data. Instead, Prattle is making it more efficient to mine proven sources of market-moving information by using advanced computing techniques. For example, if a company’s numbers are positive, but the tone is downbeat during an earnings call, Prattle’s equity analytics platform can quantify that gap in a way that is difficult for a human analyst to do. The provider of sentiment data that predicts ma…

The evolution of the chief risk officer: A bumpy road to seniority

… assess and manage those risks using a variety of processes all while complying with increasingly stringent regulation. And where IT infrastructure and the emergence of technologies including AI and big data have made their job easier, it has also created a host of problems, not least for the internal operational risk concerns, but also the increasing and evolving threat of cyberattacks. Indeed, risk is a very small word for a very large responsibility. This article will look at how the role of the CRO has changed over the years and where 2018 fits into the evolutionary trajectory. What will the CR…

Top 10 frameworks for Machine Learning experts

…  Java libraries are also available in Mahout. Apache Mahout is deployed on top of Hadoop using the MapReduce paradigm. One great application is to instantly turn data into insights. Once the stored Big Data on Hadoop is connected, Mahout can help the data science tools in finding meaningful patterns from the datasets. 9. Theano Theano was developed in 2007 at the University of Montreal which is world renown for machine learning algorithms. Although regarded as a low-end machine learning framework, it is flexible and blazing fast. The error messages thrown by the framework are infamous for being un…

This startup is raising funds to build a telehealth service — for the family pet

…medical emergencies. Petriage co-founder and CEO Allon Freiman told GeekWire via email that the inspiration for the startup came from one of its co-founders Casey Olives, who works as the company’s data science lead. A few years ago, Olives’ dog had a seizure late at night. Olives started rushing to an emergency animal hospital nearby, but after calling his family vet on the way discovered the seizure wasn’t as serious as he thought and didn’t need to be treated immediately. He was able to go home and visit his normal vet clinic in the morning. “Thus was born the idea for the core feature of the Petri…

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CQ ALPHA FLOW displays the cumulative net buys/sells over Q3 for Taiwan Semiconductors ... along with the daily open price. During that time Berkshire bought $4.1 billion/60 million shares. They submitted the forms to the SEC disclosing the trades yesterday.

CloudQuant Researchers identified significant investment signals utilizing @The_DTCC ... Equity Kinetics and Investor Kinetics Datasets. For more info and to check out the whitepapers click here:

After last week's CPI release, Zak Myers, Quantitative Researcher at CloudQuant provides ... his thoughts on the release and its implications.

#CoreCPI #Inflation #AltDataNews #ConsumerData

Last week Morgan Slade, CloudQuant CEO, and David Trainer, CEO of @NewConstructs presented... the Webinar: Finding Alpha with Earnings Distortion Data. In case you missed it- check out the full webinar on YouTube here: