There are an estimated 445 alternative data providers in the funds industry, serving the needs of both traditional and alternative fund managers. This is, according to alternativedata.org, an industry that is projected to be worth USD350 billion in 2020. But while there is no doubting the quantity and diversity of data sets one can acquire, how valuable really are they?
Style Analytics, a provider of factor-based portfolio and market analytical tools for investment professionals, is expanding its ESG factor analysis tool with the launch of Carbon Risk Ratings and emission data from Sustainalytics, a leading global provider of ESG research, ratings and data.
Fund data management platform Kneip has named Hugues Delcourt as Chairman of the Board whilst founder and previous Chairman, Bob Kneip, moves into the role of Vice-Chairman.
Fund Recs is to provide SANNE, a global provider of alternative asset and corporate services, with tailored reconciliation automation services through its Velocity fund administration software.
Refinitiv has launched the Future of Sustainable Data Alliance (The Alliance) in conjunction with the World Economic Forum, United Nations, IIF, OMFIF, Tsinghua University, ASIFMA, GFMA, Climate Bonds Initiative, FinTech4good, Everledger, Institute of Public and Environmental Affairs, Bank of Africa-BCME, GoImpact and other founding member firms.
Bixby Research and Analytics launches private markets news and information platform for hedge funds and asset managers
Bixby Research and Analytics, a fintech focused on information flow, has launched a web platform powered by Rightpoint technology, which connects asset managers and hedge funds to real-time market moving news and financial information for companies in the private debt market.
Broadridge Financial Solutions is to acquire FundsLibrary, a specialist in fund document and data dissemination in the European market, from its parent company Hargreaves Lansdown.
Brodie Consultancy Group, a UK-based financial services marketing and communications consultancy, has launched with a focus on the alternative funds and commodity sectors.
Hedge fund clients now have direct access to their data through a new online portfolio reporting tool introduced by UMB Fund Services. The portal is intuitive yet comprehensive, providing hedge fund clients with the information they need to analyse investments.
Deaglo, a cross-border advisory firm that provides FX execution and risk management solutions to institutional investors, investment managers, multinational corporations and private clients, has launched.