| | NOVEMBER 201919CIOReviewfirst to know about new data launches and use-cases. "Our alternative data intelligence platform is half-human research dependent, and the other half is technology-dependent," says Lipu. Unlike data brokers, Neudata does not sell data. Instead, Neudata aligns interests with clients by finding sources that are the most promising for alpha generation. Neudata is uniquely equipped to provide metadata and up-to-date objective research through an ever-expanding network of data vendor relationships. Neudata connects alternative data providers to the world's leading financial firms, asset managers, and hedge funds. "The uniqueness to our business model is that we provide a free service to the data providers and we charge a subscription fee to the buy-side to get access to that information and use our technology to make sense of the data sources," adds Lipu.Neudata works with Investment Management clients worldwide who manage more than $7tn in assets, helping them find, evaluate, and select new data sources that will advance their investment process. Neudata works with all types of alternative data, from sentiment to social media, weather to web-tracking, and economic to environmental. Providers are based in dozens of countries and range from small entrepreneurial start-ups to multinational conglomerates. Neudata's service is delivered via its Scout `software as a service' platform and expert consultancy. The company's team of analysts in London and Asia sources and evaluates unique, granular and often hard to find information from over a thousand providers on a daily basis, enabling investors globally to make their best-informed decisions about what data to buy, and how to use it. Neudata has officially launched an alternative data use-case research service designed for use by investment managers seeking a competitive edge. This new use-case research service is available as an enhanced feature of the Neudata alternative data intelligence platform. Neudata is building software solutions to tackle the barriers of adoptions for the buy-side. In order to keep pace with its growth projections, the firm is building its own team and recently the firm has hired its first CTO and numerous developers to expand its technology capabilities. With offices in New York City and London, the company has already established a US subsidiary, and it has a new data Inc in Delaware. Neudata has planned a series of global events in Asia, US, and Europe as well to bring together the supply side, the demand side, and also the technology part of the ecosystem. These events prove to be a great forum to network and to learn the whereabouts of the community. Our alternative data intelligence platform is half-human research dependent, and the other half is technology-dependent
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