Data Science Boom Drives FactSet to Launch Alt Data Marketplace

In response to client demand, FactSet is making "alternative" datasets from a select range of partners available via its datafeeds, alongside its proprietary data.

rich-newman-factset

The first set of data partners include news sentiment provider Alexandria Technology, crowd-sourced earnings estimates vendor Estimize, satellite imagery provider Genscape, and ESG data vendor RepRisk, and officials say FactSet has already lined up the next batch of content providers to add to its platform.

“We’ve seen increased usage and demand for alternative data, starting among hedge funds and now among large asset managers,” says Rich Newman, SVP and global head of FactSet’s Content and

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