By Uri Inspector, Staff Reporter
Nasdaq’s Analytics Hub, an alternative data platform for institutional investors, fund managers and traders, has expanded its offering with a string of new and diverse data sets. The additions include an Environmental, Social and Governance (ESG) offering, a social media sentiment data set, a global news aggregator and a supply chain measurement capability.
The ESG offerings include an exclusive distribution arrangement with eVestment ESG, which claims to be the only provider that allows users to screen for ESG-friendly investments based on empirical evidence rather than third-party designations. The service is aimed at helping firms’ investment decisions and recommendations comply with international ESG standards.
The social media addition comes in the form of iSentium Social Media Sentiment, which transforms widespread social media sentiment assets into actionable scores using iSentium’s patented natural language processing technology (NPL) and artificial intelligence (AI). This updated dataset contains additional fields for a view of how the set is curated, and is targeted at institutional investors, sell side firms, research firms, retail brokers and others.
Another new data set, Global News Exposure, collects publicly available media content concerning global financial systems, supply chain and volatility networks, in order to quantify relationships among financial, economic, socio-economic and political forces, to help users strengthen risk management strategies.
Finally, Supply Chain Networks Exposure can measure global and regional supply chain information to identify relationships between companies based on the production and sale of products. Users will be able to use proprietary knowledge graphs to identify well-positioned companies to inform future investments.
Led by a belief that alternative data will play a larger and increasingly important role in the investment landscape in the future, the Analytics Hub team says it is constantly working to offer new data sets. As new content providers come to market, client demands rise for new data points that provide new and innovative views of the market.
According to Nasdaq, the exclusivity of a number of its data sets, a rigorous vetting process of third-party data, and the efficiency of its delivery of structured data linked to common symbology make the Analytics Hub a clear leader in alternative data services.
According to Nasdaq, “Due to technological innovations, there are now many data sets that can quantify what was previously not quantifiable. These data sets can be used by investors of all shapes and sizes to find new insights in the market.”