Via:

Bloomberg is diving into into the booming alternative data field

Bloomberg is diving into into the booming alternative data field with a new product that’ll help the market become mainstream

“The market is in need of something like this,” said Hazem Dawani, CEO of Predata, a data company that analyzes geopolitical risk and one of the companies partnering with Bloomberg. “There are so many alternative data providers available and data sets that are available for trading firms and hedge fund managers and all institutional traders to consume, but it is hard for these customers to be subscribing to each one of these data sets individually,”…