Alternative data for financial services, such as satellite imagery, logistics data, and social media feeds, has been getting a lot of attention recently. Like any trending topic, its uses and benefits can be hyped up a bit but if the right plumbing and creativity is in place, those benefits can be realized. This post helps to understand the plumbing by describing the component parts of the alternative data ecosystem. This framework will help you to navigate your way from an inkling of an idea to an actionable strategy while the window of opportunity is still open. See the webinar, “Put Alternative Data to Use in Capital Markets” for a demonstration of this process.
This post was first published on Arcadia Data’s website.