For the past 3 years, the financial service industry has been investing heavily in data science, building data science teams and consuming large quantities of alternative data. From financial transaction aggregators, like Yodlee and 1010Data, to geo-location providers like Thasos and Groundtruth, data is being generated and sold in vast quantities to data science teams who are using it to make investment decisions. But how can a prospective purchaser tell a reputable data source from a sketchy one? And what best privacy practices should be employed by vendors, and demanded by purchasers, to avoid becoming the next Cambridge Analytica headline? In this session, an legal advisor to hedge funds, a data vendor, and a regulator will talk about the ins and outs of alternative data.
Marc Zwillinger, Founder, ZwillGen
Sara Cable, Director, Data Privacy & Security & Assistant Attorney General, Office of the Massachusetts Attorney General
Sam Fraenkel, President, Co-Founder, TOMAHAWK