Maximizing the Value of Alt Data: Warren Breakstone, S&P Global Market Intelligence

Firms increasingly are tapping alternative data to improve investment decisions. But the term “alternative data” is a misnomer, suggests Warren Breakstone, managing director and chief product officer – data management solutions, S&P Global Market Intelligence. Alternative data is in the eye of the beholder, he explains, adding that data sets traditionally used for one use case become alternative for another use case. Speaking with TABB Group founder and research chairman Larry Tabb, Breakstone discusses the growing demand for alt data beyond investment management, the challenges of preparing it for analysis, and how firms can maximize its value. According to Breakstone, clients spend five to 10 times more on data after they purchase it.

Related article: “The Golden Middle of Alternative Data Productization

Interviewer: Larry Tabb

Source: TABB TV

Categories: Fintech / Crypto, Regulatory

Topics: Data management, Research and analytics, Risk management

TabbFORUM is an open community that provides a platform for capital markets professionals to share their ideas and thought leadership with their peers. The views and opinions expressed are solely those of the author(s). They do not necessarily reflect the opinions of TABB Group, its analysts, TabbFORUM and its editors, or their employees, affiliates and partners.

Comments

  • profile image
  • profile image

Add a Comment

Your email address will not be published. Required fields are marked *