Neudata Releases V2 of Scout Alternative Data Platform

Neudata has released Version 2 of its online Neudata Scout digital data intelligence platform. The company provides hedge funds and other institutional investment managers with metadata about the vast array of alternative datasets available toward the goal of selecting and back testing the most appropriate sources for alpha generation.

“We listened carefully to feedback from our audience of quantitative investment managers and greatly enhanced the functionality and new features available on the Neudata Scout platform,” said Rado Lipuš, founder and chief executive officer of Neudata, headquartered in London, UK. “We expanded the navigation and filtering components so that managers can more easily pinpoint relevant data sources for a specific investment universe, or search for specific stocks, products or even brands. Also among the new features is a robust content management capability for users to add relevant and useful notes. All of this makes it easier for investment professionals to perform critical functions such as discovering, assessing and selecting the best sources of datasets for their particular investment research needs.”

Many of Neudata’s clients log in to the Neudata Scout platform on a daily basis in order to identify the latest alternative datasets and source providers that are continuously being added. Data providers span the universe from early-stage, still below-radar data providers compiling unique data, to established data providers assembling novel data sets for a limited number of investment management clients, to larger “exhaust-data” providers who often incidentally collect and aggregate less mainstream data that can be incredibly useful to investors.

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