Neudata Launches Unique Alternative Data Use-Case Research Platform

Neudata has announced the launch of its alternative data use-case research platform designed for use by investment managers seeking a competitive edge.

This new use-case research capability is available as an enhanced feature of the Neudata Scout digital data intelligence platform.

The new Neudata alt data use-case research tool combines voluminous data from academia and sell-side investors, as well as independent and Neudata’s proprietary research. It is designed to educate investment managers about existing alpha evidence research all in one convenient place, and allows them to better generate investment ideas.

“Use-case research provides clear evidence – such as through backtesting or modeling -- as to how a particular dataset can be useful in generating alpha,” said Rado Lipuš, founder and CEO of Neudata, in a statement. “This includes understanding what specific research evidence of alpha is available, knowing how to best leverage alt data such as e-receipt datasets for specific themes, and for which investment instances datasets – such as ESG – can provide alpha generation.”

Neudata, headquartered in London, vets alternative data for investment managers. Neudata’s expertise lies in scouting and evaluating alternative datasets and assisting investment managers in selecting relevant sources for backtesting and research.