Alternative Data, what is it about?
1 min read
Alternative data is a form of non-traditional data that has come to stay. This form of data can provide information about how well a company or an individual or an asset can perform in the future. This form of data is getting popular as the day goes by, it's a form of data that is gotten from non-traditional means. A typical traditional way of getting data is by press releases, financial statements, etc.
This form of data is mostly used in the investment sector by investment analysts, quant traders, fund managers, etc to guide them on the strategy to invest so as to reduce risks and improve their profits. Proxycurl provides this alternative form of data by setting up technologies that make the collection of data from different sources (social media, email receipts, mobile applications, etc) simple and fast. Using Procycurl's Employee Listing and Person Profile API endpoints, companies can identify existing employees of FAANG companies, then track their change of jobs history all in one place.
You can find out more about alternative data from Proxycurl's alternative data article