Big Data Analytics Company, Eagle Alpha, Raises Additional $1.2 m in Funding
- The company provides both buy side and sell side firms with tools which are curating the entire internet, approaching big data in an unusual way - by mixing technology with human judgement in Web Watch.
A relatively new player in the big data Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term space, Eagle Alpha, announced that it has raised an additional $1.2 million. The company has already raised a total of $2.7 million this year, after securing a $1.5 million deal back in February 2014.
The company has been founded by former investment banker from Morgan Stanley, Emmett Kilduff, who’s acting as CEO and is based in Dublin. The firm is using a different approach to most companies in the big data analytics sector.
Aside from using the usual set of powerful technologies to scan through the world wide web, there is a human touch to what ends up being displayed to clients of the service. The service is directed toward both Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term and sell-side clients, with the current distribution being about even.
After delivering its first product to the market, Web Watch, the firm managed to charge hedge funds $50,000 for their subscription. The firm is currently developing its second product named Internet Insights and is expected to deliver it to market in the first quarter of 2015.
The company’s methodology on scanning through big data in an efficient way has already been delivered, and not only on a single occasion, it was the first tool to report about the Portuguese Finance Minister, Vítor Gaspar, resigning from his post back in July 2013.
Many hedge funds, asset managers, banks, trading desks and central banks are already relying on big data to take important decisions, and with the additional funding obtained by Eagle Alpha the company is aiming to deliver an even better product to the industry.
A relatively new player in the big data Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term space, Eagle Alpha, announced that it has raised an additional $1.2 million. The company has already raised a total of $2.7 million this year, after securing a $1.5 million deal back in February 2014.
The company has been founded by former investment banker from Morgan Stanley, Emmett Kilduff, who’s acting as CEO and is based in Dublin. The firm is using a different approach to most companies in the big data analytics sector.
Aside from using the usual set of powerful technologies to scan through the world wide web, there is a human touch to what ends up being displayed to clients of the service. The service is directed toward both Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term and sell-side clients, with the current distribution being about even.
After delivering its first product to the market, Web Watch, the firm managed to charge hedge funds $50,000 for their subscription. The firm is currently developing its second product named Internet Insights and is expected to deliver it to market in the first quarter of 2015.
The company’s methodology on scanning through big data in an efficient way has already been delivered, and not only on a single occasion, it was the first tool to report about the Portuguese Finance Minister, Vítor Gaspar, resigning from his post back in July 2013.
Many hedge funds, asset managers, banks, trading desks and central banks are already relying on big data to take important decisions, and with the additional funding obtained by Eagle Alpha the company is aiming to deliver an even better product to the industry.