Data Analytics Tools

How to Strategically Identify Market Trends with Data Analytics Tools

Investment management firms are increasingly searching for data analytics tools to give them a competitive advantage. We sponsored a recent webinar titled “Strategically Identify Market Trends with Data Analytics Tools” where we explored how Envestnet | Yodlee’s Aggregate Product helps both private and public equity firms make more informed decisions via aggregate de-identified transaction pattern data. This webinar featured:

  • Gwyn Roberts, Moderator, Hedgeweek
  • Nikhil Nadkarni, VP, Data Products and Sales, Envestnet | Yodlee
  • Jonathan Neitzell, Founder, Anduril Partners
  • Vinay Prasannakumar, Director, Data Products, Envestnet | Yodlee

Key Takeaways

  1. Envestnet | Yodlee (Yodlee) aggregates spending analytics, which can give you an edge AND integrate with analytics you’re already doing.
    Understanding how consumers spend their money is one of the strongest indicators of economic performance, and spending analytics gives investment researchers a detailed look at key merchant-focused economic indicators, such as wallet share and channel (online, in-store, etc.) activity.
  2. Effective investment processes MUST leverage data analytics.
    Asset managers are constantly seeking an information edge through new and insightful sources of data to find alpha. And to do that, we believe they must move beyond spreadsheet-powered process models that are prone to narrative shift, hindsight bias, and lack the ability to learn and improve on the fly. Hybrid models that fuse fundamental research discipline with analytic tools that apply data in a timely manner – through key performance indicators (KPIs), alerts, feedback loops, machine learning, and artificial intelligence (AI) – offer the potential to find meaningful alpha signals.
  3. Buy-side customers continue to increase their reliance on data analytics.
    New data sources, coupled with advanced technologies and analytics designed to provide more insightful analysis are poised to help boost the capabilities of buy-side firms. They enable firms to generate ideas, manage risk, formulate and test a hypothesis, and more.

Data That Means Business

Founded in 1999, Envestnet | Yodlee is recognized as a pioneer in financial data aggregation. By combining data with state-of-the-art analytics and machine learning, Envestnet | Yodlee enables building insights into an entire set of transaction pattern and merchant behaviors, both online and in-store.

The scale of Envestnet | Yodlee’s Data Analytics Aggregate Product allows customers to make meaningful data-driven business decisions ranging from interim sales activity, and event-driven activity, to business seasonality, and beyond.

For more details and additional insights, we invite you to listen to this 60-minute webinar in its entirety.