Data Evaluation Challenges Industry

摘要： Given volatile times and uncertainty, portfolio managers and risk managers are looking at a lot more sources of data more frequently, according to Elizabeth Pritchard, Founder of White Rock Data Solutions.

Given volatile times and uncertainty, portfolio managers and risk managers are looking at a lot more sources of data more frequently, according to Elizabeth Pritchard, Founder of White Rock Data Solutions.

“We’re creatures fed by data so that we can understand the markets at a macro level,” she said at the Wall Street Horizon’s Sept. 8 webinar “Data Minds: Watch for Bear Traps! Using Data-Driven Signals in a Down Market”.

The Wall Street Horizon panel was moderated by Steven Levine, Senior Market Analyst at Interactive Brokers, and it focused on incorporating data into trading and risk strategies in a bear market.

According to Pritchard, It’s been interesting to be part of the industry right over the last five to ten years, to see how the industry has systematized the search for an evaluation of data.

“This is a big problem for the industry to solve this evaluation of datasets because there’s such a proliferation of datasets, and it’s just too costly to try to evaluate them all,” she said.

Christine Short, VP of Research at Wall Street Horizon, said that data strategy is supposed to serve investment strategy.

“A lot of times, I may have an idea what I’m looking for, but there’s no vendors out there providing the quality of data,” she stressed.

轉貼自： tradersmagazine.com

若喜歡本文，請關注我們的臉書 Please Like our Facebook Page： Big Data In Finance