Alternative Data in Finance – Enhancing data analysis to make more accurate short-term predictions using MATLAB.
The use of non-traditional data sources to generate alpha or assess risk has attracted a lot of interest amongst professional investors. However, many practitioners fail to generate useful results in a reasonable amount of time. Some are lacking knowledge how to efficiently extract the needed information from their alternative data sources. Others get lost in wasting time ramping up on different tools or struggle to bring the result together.
MathWorks’ breadth of technology, their experience in industries like Aerospace or Automotive and engineering disciplines such as signal or image processing addresses these challenges. MATLAB is an easy-to-use and customizable tool enabling you to get quick insights from alternative data without extensive coding. Furthermore, staying in one tool chain makes it easy to combine results from different domains, refine the analysis and build financial models on top.
Attend this webinar to see how you can use MATLAB to efficiently analyze satellite images, scrape data from HTML pages, get sentiment of market participants using social media posts and work with geographic data. With MATLAB as a versatile analysis platform you can smoothly combine alternative approaches with traditional financial algorithms as well as automate and productionize these new workflows.