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FactSet Teams with Eagle Alpha to Provide Alternative Data Solutions
September 21, 2017
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services, announced today a strategic relationship with Eagle Alpha. Eagle Alpha enables asset managers to obtain alpha from alternative data. Through this relationship, FactSet and Eagle Alpha will help clients better understand the alternative data landscape and increase the utilization of unique, non-traditional datasets.
FactSet’s seamlessly integrated content provides clients with global coverage, deep history, and unparalleled transparency. From quotes and news to fundamentals and estimates, clients can integrate this data with their own proprietary data. Now coupled with Eagle Alpha’s alternative data solutions and layered with FactSet’s flexible analytics platform, asset managers have access to a powerful solution that offers new opportunities to drive alpha.
Eagle Alpha's alternative data solutions include Thought Leadership that keeps asset managers on top of best practice regarding how to obtain alpha from alternative data, a Data Insights offering that provides actionable insights based on alternative datasets and a Data Sourcing solution that aggregates alternative datasets worldwide.
“As asset managers seek to innovate and incorporate more and varied content sets into their investment strategies, it is becoming increasingly complex to find alternative data and connect it to traditional data. I am excited to have Eagle Alpha join the Channel Partner program to enhance our client experience and expand our ability to help our clients,” said Dave Hannibal, Global Manager of Channel Partners, FactSet.
“The last major change to the investment process was the introduction of expert networks in the late 1990s. Alternative data is the next. Asset managers are increasingly looking for providers that can help them obtain alpha from alternative data,” said Emmett Kilduff, Founder & CEO of Eagle Alpha. “FactSet is a leader in providing insights based on traditional data and will become a leader in providing insights based non-traditional (alternative) data. We’re proud that they have chosen Eagle Alpha as their preferred alternative data solution.”
About FactSet FactSet (NYSE:FDS | NASDAQ: FDS) delivers superior analytics, service, content, and technology to help more than 85,000 users see and seize opportunity sooner. We are committed to giving investment professionals the edge to outperform, with fresh perspectives, informed insights, and the industry-leading support of our dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly ranked as one of Fortune's 100 Best Companies to Work For and a Best Workplace in the United Kingdom and France. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow on Twitter: www.twitter.com/factset.
About Eagle Alpha Eagle Alpha was founded in 2012 with the sole focus of enabling asset managers to obtain alpha from alternative data. Asset management clients include quantitative funds, discretionary hedge funds and traditional mutual funds from around the world. We are a recognised leader in the alternative data space. We regularly host flagship events on alternative data in New York, London and Hong Kong, we author some of the most highly regarded content on the topic, and we have been heavily referenced in alternative data primers by the largest investment banks in the world. Our vision is to be the “go-to’ firm for the alternative data needs of asset managers. Subscribe to our free weekly newsletter for insights on the alternative data space. Learn more at www.eaglealpha.com and follow us on Twitter: www.twitter.com/dollareagle.