Quiver Quantitative: The Power of Alternative Data
For investors in the constant search for “alpha” — otherwise understood in the financial industry as market advantage — any data set that can produce actionable insights is not to be ignored. Going beyond the traditional data points, investors are increasingly relying on what is known as alternative data as part of their overall investment strategies.
Alternative data goes beyond the traditional information sources investment managers use (SEC filings, press releases, primary research, and so on). These data points can come from everything from social media and web traffic all the way to credit card transactions and “corporate private jet tracking.” It seems there are very few limits as to what data investors won’t track.
All the information and insights gathered through alternative data can be transformative for investors. However, access to this data has historically been limited to hedge funds and other institutional investors. For the retail investor, there are limited ways to access this alternate investing information and easily interpret it.
Alumni Ventures (AV) portfolio company Quiver Quantitative is changing this dynamic and opening alternative data to retail investors. Its data aggregation platform collects unconventional data from sources across the internet that were previously too distributed to efficiently monitor. Everything from politicians’ investment activities to company mentions on social media are aggregated in a single user interface even individual accredited investors can use.
Quiver is at the forefront of empowering retail investors through its easy-to-use tools and freemium models. As well, the company has developed an API that institutional investors can integrate into their existing data feeds. For more information on Quiver and what AV likes about the company, click below.
Alumni Ventures (AV) provides smart, simple venture portfolios to accredited individuals. PitchBook listed AV as the third most active VC firm in the U.S. in 2021.