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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. …
2017-09-15 http://techcenter.thinkadvisor.com/2017/09/15/13-top-of-mind-trends-for-investment-managers?t=practice-management?ref=channel-more-news

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…
2017-09-12 https://www.bloomberg.com/news/articles/2017-09-12/new-york-s-silicon-alley-is-still-no-match-for-silicon-valley

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…
2017-09-18 https://www.institutionalinvestor.com/article/3751651/asset-management-hedge-funds-and-alternatives/why-listen-to-earnings-calls-when-artificial-intelligence-can-do-it-better.html

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…
2017-09-18 http://www.bobsguide.com/guide/news/2017/Sep/18/the-evolution-of-the-chief-risk-officer-a-bumpy-road-to-seniority/

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…
2017-09-14 http://bigdata-madesimple.com/top-10-frameworks-machine-learning-experts/#Comment

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…
2017-09-18 https://www.geekwire.com/2017/startup-raising-funds-build-telehealth-service-family-pet/#disqus_thread

Shipfix 'captures market sentiment at the earliest stage of the supply chain by tracking ... order intentions prior to the physical trade flow- providing an early advantage in volatile markets.'

Learn more about the Live Commodity/Macro Tradeflows dataset: https://hubs.la/H0XG7lk0

We are excited to announce the addition of @EPFR to the CloudQuant Data Catalog.

Informa
... monitors fund flows which provide insights into underlying investor demand for funds, by geographic region, global sector, and asset class. Learn more: https://hubs.la/H0Xp19m0

#AltDataNews

Bitvore Cellenus derives company material events, trended sentiment, growth and risk ... scoring, as well as comparative analytics to drive better business outcomes for customers.

Contact sales@cloudquant.com or fill out this form to learn more: https://hubs.la/H0XfzZY0

#AltDataNews

Don’t have the technical background but want to incorporate alt data into your ... investment strategy? CQ Liberator Excel Plugin is just for you. Instantly pull data from CQ’s expansive 13k+ dataset catalog directly into Excel for analysis. Learn more: https://hubs.la/H0Wpnj50

It was announced today that @Visa bought a CryptoPunk NFT for $150,000.

"NFTs will play
... an important role in the future of retail, social media, entertainment, and commerce,” said Cuy Sheffield, Head of Crypto at Visa.

#CryptoPunks #NFTs #Blockchain #Visa

Do you have NFTs?

Over the last 60 years, Visa has built a collection of historic commerce artifacts - from ... early paper credit cards to the zip-zap machine. Today, as we enter a new era of NFT-commerce, Visa welcomes CryptoPunk #7610 to our collection. https://vi.sa/3gk2GXh

CloudQuant was featured as a top data provider in Data Magazine's "101 Best Illinois Big ... Data Startups & Companies."

CloudQuant was accompanied by one of our data vendors, @SMA_alpha.

View the full list and CloudQuant's feature here: https://hubs.la/H0VpTKZ0 #AltDataNews