Best Alternative Data Providers & Companies

Alternative data can mean essentially anything. Whether we talk about data collected from satellite imagery, scraped website data, or information collected upon point of sales, they all have one thing in common; hedge funds, asset managers and financial institutions love them.

Why?

Alternative data is mainly used during financial analysts to predict a stock’s performance more accurately. Quality predictions can give an investor a competitive edge over others, thus being able to beat the average market returns. This difference is called the alpha.

With strong evidence of data’s power in financial analysis, there is a rising number of market research companies using cutting-edge technologies that provide a variety of alternative data for different markets.

How do you as an investor make sure that you’re talking to a provider who can take your decisions to the next level?

While there are many criteria to data quality which are often determined by your specific use case, there are a few companies which stand above the others.

We compiled a list of the top alternative data companies on our platform. The list is here to help you get started in your search for alpha.