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Neudata bolsters alternative data intelligence platform

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Neudata Limited is strengthening its online alternative data intelligence platform (Neudata Scout), which assists hedge funds and other institutional fund managers in making better investment decisions, by expanding the range of data providers clients can access.

The company is also adding additional research analysts to its London team and providing qualitative research about multiple industry data providers.
“Neudata prides itself on scouting out, identifying, verifying and delivering an always-expanding array of unique alternative datasets via our user-friendly online platform,” says Rado Lipuš, founder and chief executive officer of Neudata, headquartered in London, UK. “To keep up with the demand from hedge fund managers, and the proliferation of data providers, we are hiring research analysts who will dive in to this varied role, leverage their intellectual curiosity, and help us discover and qualify new data providers across the spectrum. Our core strength remains in personally advising managers as to which alternative data innovators they can tap for the very best, relevant market intelligence.”
“We operate in one of most exciting areas of the investment management industry. We’re experiencing explosive growth in the availability of new and sophisticated market data unavailable elsewhere,” says Daryl Smith (pictured), director of research at Neudata, who joined the firm in April to spearhead the research effort. “Simultaneously, the investment industry is undergoing profound changes as asset managers are increasingly allocating funds to quantitative investment strategies for a competitive edge and to drive performance. Neudata sits at the very juncture – advising hedge fund managers where they should be sourcing new data from that is most appropriate to their investment strategy.”

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