AlgoSeek
AlgoSeek is a leading provider of high-quality financial data and analytics solutions, specializing in alternative data for quantitative research and trading strategies. The company focuses on delivering granular, clean, and comprehensive datasets to financial institutions, hedge funds, and quantitative traders.
Core Offerings
1. Historical Market Data
- Tick-by-tick data for equities, options, and futures
- Full depth-of-book market data
- Reconstructed order book snapshots
- Trade and quote data with microsecond precision
2. Alternative Data
- Retail trading signals
- Options flow data
- Short interest indicators
- Social media sentiment analysis
- Web scraping data sets
3. Corporate Actions Data
- Comprehensive corporate actions history
- Dividend announcements and payments
- Stock splits and mergers
- Rights issues and spinoffs
4. Reference Data
- Security master files
- Corporate hierarchy information
- Industry classification data
- Fundamental financial data
5. Analytics and Derived Data
- Liquidity metrics
- Volatility indicators
- Trade classification (buyer/seller initiated)
- Abnormal volume detection
Key Features
Data Quality and Cleanliness
- Rigorous data cleaning and normalization processes
- Handling of corporate actions and ticker changes
- Cross-validation with multiple sources
- Consistent data formats across asset classes
Customization and Delivery
- Flexible data delivery methods (API, FTP, cloud storage)
- Custom data extractions and transformations
- Support for various file formats (CSV, Parquet, HDF5, etc.)
- Real-time and historical data feeds
Research and Backtesting Support
- Sample datasets for evaluation
- Backtesting environments compatible with popular platforms
- Documentation and sample code for data integration
Compliance and Security
- Data sourced and distributed in compliance with exchange agreements
- Secure data transmission and storage
- Anonymization of sensitive information where required
Technology Infrastructure
- Cloud-based data storage and processing
- Scalable architecture to handle large datasets
- Low-latency data delivery systems
- Machine learning algorithms for data analysis and predictions
Target Audience
- Quantitative hedge funds
- Algorithmic trading firms
- Asset managers and investment banks
- Academic researchers
- FinTech companies and financial software developers
Unique Selling Points
- Granularity of data (tick-level, microsecond precision)
- Breadth of alternative datasets
- Rigorous data cleaning and normalization processes
- Customizable data solutions
- Strong focus on quantitative trading applications
Pricing Model
- Subscription-based pricing for data feeds
- Custom pricing for bespoke data solutions
- Volume-based discounts available
- Flexible licensing options (seat-based, enterprise-wide)
Support and Documentation
- Dedicated customer support team
- Comprehensive API documentation
- Regular webinars and educational content
- Sample datasets and integration guides
Recent Developments
- Expansion of alternative data offerings
- Enhanced machine learning-driven analytics
- Improved real-time data delivery capabilities
- Integration with cloud-based backtesting platforms
Partnerships and Integrations
- Collaborations with major financial data vendors
- Integration with popular quantitative research platforms
- Partnerships with academic institutions for research purposes
Use Cases
- Algorithmic trading strategy development
- Quantitative research and backtesting
- Risk management and compliance
- Market microstructure analysis
- Academic research in financial markets
AlgoSeek has positioned itself as a crucial data provider in the quantitative trading and research space. Its focus on delivering high-quality, granular data with a particular emphasis on alternative datasets makes it valuable for firms and individuals looking to gain a competitive edge in algorithmic and quantitative trading strategies. The company’s commitment to data quality, customization, and support for advanced quantitative applications sets it apart in the financial data industry.