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Alternative Data News. 23, September 2020

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Alternative Data News. 23, September 2020

Finding sources and uses for alternative data can be difficult. At CloudQuant we regularly read and search the internet for new sources of data that can be used in our mission to find alpha signals and build quantitative trading strategies. We recognize that we are technology and data junkies so we wrote our own crawler that specifically seeks out web pages, posts, and news articles that give us a snapshot of what is going on in the world of Alt Data. The following is a collection of articles that we think you will find interesting from the past week.


CloudQuant Completes Positive Analysis of Tesseract ETF Alternative Data Set

CloudQuant has completed analysis of Tesseract’s ETF dataset.

Tesseract’s Multidimensional Alpha strategies use sophisticated machine learning methods to better estimate the fundamental factors driving the market across all major equity indices.

Our research has uncovered Significant Alpha in their Dataset.

For more information see our White Paper Repository page , Email Sales@CloudQuant.com, make an appointment or just fill in the form on the right.

Alternative data only takes you so far, at some point you have to communicate the result!

There are several great resources for how to display your data but here are a few I have found very useful…

  1. The Design Encyclopedia
  2. The ‘little of visualization
  3. Vizzu

Hopefully you will also find something useful there!


ESG Section

Cloudquant also provides alternative data, including an excellent ESG dataset, head over to our Catalog for more info.

Quants Are Key to Judicious ESG

Meaningful data analysis is critical to the future of socially responsible investing, writes Antonia Lim of Schroders.

Capital allocators have power—and with great power comes great responsibility. As a factor for distinguishing prudent investments, good corporate governance is paramount. In the first half of 2020, £70 billion ($89.5 billion) of net global inflows poured into investments flagged ESG (environmental, social and governance). Meanwhile, other mutual and exchange-traded funds—excluding money market funds—lost almost five times that amount.

It’s the most significant divergence seen to date.
2020-09-22 18:45:07+01:00 Read the full story…
Weighted Interest Score: 4.2945, Raw Interest Score: 3.4137,
Positive Sentiment: 0.6024, Negative Sentiment 0.2008

Cboe Launches Options On S&P 500 ESG Index

Cboe Global Markets launched cash-settled options on the S&P 500 ESG Index (ticker: SPESG). The S&P 500 ESG Index is designed to align investment objectives with environmental, social and governance (ESG) values, and the new index options are a potential tool for investors to implement hedging, risk management, income enhancement and asset allocation strategies. Let’s take a look at some recent findings and trends with ESG investing.

Growth in ESG Investment Mandates : According to a 2020 study issued by Deloitte, the total amount of ESG-mandated professionally managed assets in the U.S. grew from $3.7 trillion in 2012 to $12 trillion in 2018, and the study projected that the amount could grow to around $34.5 trillion in 2025. Add to that the EU’s mandate that financial market participants integrate ESG risks and opportunities in their processes as part of their duty to act in the best interest of clients, and it is clear that ESG principles have a huge impact on worldwide investing.

2020-09-23 06:03:22+00:00 Read the full story…
Weighted Interest Score: 3.6508, Raw Interest Score: 2.0072,
Positive Sentiment: 0.1627, Negative Sentiment 0.0904

Social Issues, Outperformance Are Increasing Interest in ESG Investing

The pandemic and protests are drawing attention to ESG investments, which lost less than the market in Q1.

A strong relative performance in the first quarter of 2020 and heightened awareness over social issues is shining a spotlight on environmental, social and governance (ESG) investing.

ESG investing has drawn more assets each year, and Morningstar data from May shows sustainable fund flows were resilient during the market selloff caused by the coronavirus pandemic. During the first quarter, the global sustainable fund universe pulled in $45.6 billion versus an outflow of $384.7 billion for the overall fund universe, the research firm said. U.S. flows accounted for 23 percent of that first-quarter figure.

Of course, ESG funds lost money during the market selloff, but they lost less than the broader market during that time, performing better on a relative basis, Morningstar said in a different report. During the first quarter, the returns of 70 percent of sustainable equity funds ranked in the top halves of their categories, and 44 percent ranked in their category’s best quartile, the firm said.

2020-09-22 00:00:00 Read the full story…
Weighted Interest Score: 3.5104, Raw Interest Score: 1.8427,
Positive Sentiment: 0.2547, Negative Sentiment 0.2247

Westbeck’s battery-focused fund powered by surging energy transition theme

The Westbeck Volta Fund, a global long/short equity strategy launched last year by London-based energy specialist hedge fund Westbeck Capital to trade the emerging battery revolution, has advanced more than 18 per cent so far in 2020.

The strategy returned 4.8 per cent last month, driven mainly by strong H1 results from Dutch energy equipment provider Alfen Beheer, which saw energy storage and charging infrastructure gains, as well as Livent, LG Chem and Lynas Corporation.

Westbeck said the pace of the energy transition has continued during August, with electric vehicles increasing their market share in Europe – reaching 9 per cent in Q2 this year – while EV sales in China are showing year-on-year growth.

2020-09-21 00:00:00 Read the full story…
Weighted Interest Score: 3.5728, Raw Interest Score: 1.7484,
Positive Sentiment: 0.1900, Negative Sentiment 0.0760

Tesla Battery Day Event News and Meeting Notes

Tesla’s Battery Day event is in a sell-the-news fashion after Elon Musk’s tweets. Today’s shareholders meeting could propel the company’s hot stock even higher.

Electric car maker Tesla (TSLA) – Get Report will hold its annual meeting and Battery Day event beginning at 4:30 p.m. ET. under social distancing guidelines in Palo Alto, California on Tuesday.

TheStreet’s Annie Gaus covered the Tesla Battery Event as the innovative car company announced a new generation of cheaper, more efficient car batteries.
2020-09-22 20:26:33+00:00 Read the full story…
Weighted Interest Score: 2.9261, Raw Interest Score: 1.2110,
Positive Sentiment: 0.1397, Negative Sentiment 0.0932


Python Tool To Visualize Missing Values

Individuals working in the field of Data Science understand the importance of data. Data is the resource to fuel a machine learning model. But raw data in the real world cannot be used without pre-processing them to a usable format. One of the most common problems faced with real-time data is missing values. There are some values in rows and columns that simply do not exist. But, for a good model training, we need the data to be as clean as possible.

Missing values are generally represented with NaN which stands for Not a Number. Although Pandas library provides methods to impute values to these missing rows and columns, we need to be able to understand how, where and how many points of NaN are distributed in the dataset. For this, python introduced a new library called Missingno.

The purpose of this article is to get a better understanding of missing data by visualizing them using Missingno.

2020-09-22 10:30:15+00:00 Read the full story…
Weighted Interest Score: 4.1810, Raw Interest Score: 1.3728,
Positive Sentiment: 0.2789, Negative Sentiment 0.0215

CloudQuant Thoughts : This is quite a nice looking, helpful little library!

Ravenpack enters data visualisation market with US election tracking tool

RavenPack, a leading big data analytics provider, has partnered with Cosaic, a leader in the field of interactive visualization tools, to create an entirely new way to visualize unstructured data.

The partnership confirms RavenPack’s mission to give meaning to big data and allow users to quickly extract value and insights from large amounts of information. Cosaic’s powerful ChartIQ charts can be found on millions of screens around the world, from online brokerages to leading financial institutions.

2020-09-23 12:32:00 Read the full story…
Weighted Interest Score: 5.9140, Raw Interest Score: 1.4663,
Positive Sentiment: 0.5376, Negative Sentiment 0.0489

CloudQuant Thoughts : Whole article has no actual link to the new site! Ravenpack 2020 Election page.

Open Data Campaign: Exploring the power of open data (Microsoft)

In April, we announced the launch of the Open Data Campaign to close the “data divide” and ensure that organizations of all sizes have access to the data they need to innovate with artificial intelligence (AI). To demonstrate the importance of being more open with data and the need to share data to address pressing issues, we committed to the development of 20 data collaborations by 2022. Through these collaborations, we will work with partners to address issues that are “top of mind” and require urgent action. One thing remains true in these uncertain times: To tackle the pressing societal issues we face today – everything from climate change to COVID-19, justice reform to digital access – people and organizations need access to the data that can help unlock the power of innovation and technology.

The past several months have accelerated this work in many ways, and we are learning a lot. The campaign launched just as the world was grappling with the COVID-19 pandemic, and the value of being more open with data become clear in new, undeniable ways. For example, The Alan Turing Institute had been leading an air quality project, with the support of Microsoft’s AI for Earth program, collecting data from across London to understand air pollution. As the summer progressed, however, the institute discovered that analysis of these same data streams could also be used to understand London’s “busyness” as COVID-19 restrictions were eased. It’s just one example of how open data and data collaboration can provide valuable insights beyond their initial focus.

2020-09-22 00:00:00 Read the full story…
Weighted Interest Score: 2.6748, Raw Interest Score: 1.6277,
Positive Sentiment: 0.4674, Negative Sentiment 0.2256

CloudQuant Thoughts : It is great to see a company like Microsoft pursuing such a noble cause. “As PWC recently estimated, more than 70% of the economic value from AI could flow to only two countries, US and China.” – Brad Smith, Microsoft Open Data Launch Video April 2020.

How Cryptocurrency Is Benefiting From Big Data Analytics

The concept of cryptocurrency is still foreign to so many in the United States and around the world. There is a lot more mass appeal of cryptocurrencies like Bitcoin, Litecoin, and others. Generally speaking, though, they are still mysterious in the eyes of the common individual. In the cryptocurrency market, we are starting to see the emergency and convergence of crypto and big data analytics. For those that know more than the average individual when it comes to crypto, you know big data analytics potential is out there. Let us dig a bit deeper into some of the potential gains possible when you combine the big data initiatives with cryptocurrency.

One of the biggest hurdles to getting into the cryptocurrency market is the need to secure the blockchain for investors and users alike. Cryptocurrencies are being used more and more by consumers to purchase products and services. Without adequate security, it can be hard for a businesses and consumers to invest in using these digital currencies.

2020-09-23 12:07:47+00:00 Read the full story…
Weighted Interest Score: 5.0706, Raw Interest Score: 1.8105,
Positive Sentiment: 0.2822, Negative Sentiment 0.1881

IIT Madras Develops AI Models to Process Text In 11 Indian Regional Languages

Indian Institute of Technology Madras Faculty has developed artificial intelligence models and datasets to process texts in 11 Indian regional languages. The project has been taken up jointly with AI4Bharat, a platform for building AI solutions for problems of relevance to India.

The researchers from IIT Madras and AI4Bharat released AI models and datasets for the following languages — Tamil, Hindi, Malayalam, Telugu, Kannada, Punjabi, Bengali, Odia, Assamese, Gujarati, and Marathi. The multilingual AI models and datasets developed through this initiative will provide the essential building blocks to students, faculty, start-ups and industry to work on Indian language tools and push the frontiers of technology.

The faculty have made these cutting-edge resources open-source and completely free of cost, which can be accessed by anyone. These models are freely available and can be downloaded from a Github repository. An accompanying research paper describing the research methodologies and evaluation have been accepted at EMNLP-Findings.

2020-09-22 07:15:31+00:00 Read the full story…
Weighted Interest Score: 4.0106, Raw Interest Score: 1.9729,
Positive Sentiment: 0.2255, Negative Sentiment 0.1691

Streamlined data sharing for the future

As hedge funds become more comfortable with cloud database technology, the opportunity for new, more efficient ways of sharing data between organisations is starting to become a reality.

Across the hedge fund industry, several data exchange processes remain tied to legacy systems. There are established ways of how data moves between buy-side and sell-side firms, primarily via data files. However, according to Dmitry Miller, SVP of Product Management at Arcesium, change is on the horizon.

“I anticipate more data exchange processes in the industry will move to leverage cloud technology,” he comments. “Going forward, many traditional or legacy processes will start shifting to a more modern set of technologies. One such technology is Snowflake Data Share, which allows for seamless data publication between firms. With this scenario, everyone wins as it’s a simpler process for the sender of the data, and the receiver is satisfied because consuming that data becomes a lot easier.”
2020-09-23 00:00:00 Read the full story…
Weighted Interest Score: 2.9139, Raw Interest Score: 1.5625,
Positive Sentiment: 0.2956, Negative Sentiment 0.0845

Banks Are Increasingly Embracing Cloud & Open-Source For Machine Learning: Muraleedhar Ramapai Of Maveric Systems

Founded in 2000, Maveric Systems is a software engineering services company that works across financial platforms, banking solutions, data technologies and regulatory systems. The firm has offices around the globe to serve their banking partners spanning across 15 countries, along with a dedicated offshore delivery and research centres in Bengaluru, Chennai, and Singapore.

The company initially offered testing services to banks and financial institutions but, by 2012, Maveric Systems expanded into other areas like software development, analytics and digital platform architecture for banking domain specialisation.

We connected with Muraleedhar Ramapai, Executive Director of Data at Maveric Systems to know more about innovations that banks worldwide are exploring, including data analytics and open-source machine learning frameworks. Here are the excerpts:

2020-09-21 04:30:00+00:00 Read the full story…
Weighted Interest Score: 2.7820, Raw Interest Score: 1.3304,
Positive Sentiment: 0.2469, Negative Sentiment 0.0549

Costco Sells Its Way Into Attractive Rating

Costco Wholesale Corp is yet another success story borne out of the pandemic – though they didn’t need the pandemic to keep ahead of the competition. Although Costco is currently trading up at a healthy 17.3% for the year, this big box retailer is one of a few that has consistently seen returns that outperform the larger market.

In fact, over the past ten years, Costco’s return in the market is double that of the S&P 500, with a total 65% annual returns throughout this time. The pandemic has only strengthened their position.

Historically, this has made Costco not only a fantastic defensive position, but a fit for almost any portfolio. As a retailer that sells just about everything – kitchen sink included – they can weather any number of unprecedented situations.

2020-09-22 00:00:00 Read the full story…
Weighted Interest Score: 2.6405, Raw Interest Score: 1.1342,
Positive Sentiment: 0.4537, Negative Sentiment 0.1512


This news clip post is produced algorithmically based upon CloudQuant’s list of sites and focus items we find interesting. We used natural language processing (NLP) to determine an interest score, and to calculate the sentiment of the linked article using the Loughran and McDonald Sentiment Word Lists.

If you would like to add your blog or website to our search crawler, please email customer_success@cloudquant.com. We welcome all contributors.

This news clip and any CloudQuant comment is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation regarding a course of action. This information is provided with the understanding that CloudQuant is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation. You are responsible to make your own independent decision with respect to any course of action based on the content of this post.

The post Alternative Data News. 23, September 2020 appeared first on CloudQuant.


AI & Machine Learning News. 28, September 2020

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AI & Machine Learning News. 28, September 2020

The Artificial Intelligence and Machine Learning News clippings for Quants are provided algorithmically with CloudQuant’s NLP engine which seeks out articles relevant to our community and ranks them by our proprietary interest score. After all, shouldn’t you expect to see the news generated using AI?


Microsoft AI Bringing Old Photos back to life

Bringing Old Photos Back to Life, CVPR2020 (Oral)

Old Photo Restoration via Deep Latent Space Translation, PAMI Under Review

Ziyu Wan, Bo Zhang, Dongdong Chen, Pan Zhang, Dong Chen, Jing Liao, Fang Wen

2020-09-17 Read the Full Story

CloudQuant Thoughts : Very impressive Microsoft!

‘OpenAI should be renamed ClosedAI’: Reaction to Microsoft’s exclusive license of OpenAI’s GPT-3

Microsoft this week gained an exclusive license to OpenAI’s GPT-3, the state-of-the-art language model garnering attention across the tech industry. Other companies will still be able to access the model through an Azure-hosted API, but only Microsoft will have access to GPT-3’s code and underlying advances. The deal follows Microsoft’s $1 billion investment last year in San Francisco-based OpenAI, which consists of the OpenAI Inc nonprofit founded four years ago and the for-profit OpenAI LP.

The implications of giving a tech giant such as Microsoft an exclusive license to GPT-3 raises questions and potential concerns. MIT Technology Review said this week that OpenAI was “supposed to benefit humanity,” and now “it’s simply benefiting one of the richest companies in the world.”

2020-09-25 14:00:00+00:00 Read the full story…
Weighted Interest Score: 2.4521, Raw Interest Score: 1.2154,
Positive Sentiment: 0.5105, Negative Sentiment 0.0972

CloudQuant Thoughts : One minute we are lauding Microsoft for their AI Photo regeneration and Open Data Campaign, the next we have this…

CloudQuant Researchers prove Alpha in Tesseract Machine Learning Dataset

CloudQuant’s research team have published a white paper on the Tesseract data set which was constructed with a combination of cutting edge statistics and sophisticated machine learning methods. CloudQuant’s researchers concluded that the Tesseract Signal identifies both long and short investment signals that produce statistically significant investment return (alpha) at a greater than 99.9% (p-value < 0.001) level of confidence from 2018-2020.

For information on this white paper and/or access to the data and back-test code used either…

Email Sales@CloudQuant.com,

Make an appointment to speak to a CloudQuant Representative,

Or fill in the form on the right to be contacted back by a CloudQuant Representative.

Apple’s AI plan: a thousand small conveniences because AI is too dumb to do anything else

AI has become an integral part of every tech company’s pitch to consumers. Fail to hype up machine learning or neural networks when unveiling a new product, and you might as well be hawking hand-cranked calculators. This can lead to overpromising. But judging by its recent WWDC performance, Apple has adopted a smarter and quieter approach.

Why blind them with science when you can charm them with convenience?  Sprinkled throughout Apple’s announcements about iOS, iPadOS, and macOS were a number of features and updates that have machine learning at their heart. Some weren’t announced onstage, and some features that almost certainly use AI weren’t identified as such, but here’s a quick recap of the more prominent mentions that we spotted:

  • Facial recognition for HomeKit. HomeKit-enabled smart cameras will use photos you’ve tagged on your phone to identify who’s at your door and even announce them by name.
  • Native sleep tracking for the Apple Watch. This uses machine learning to classify your movements and detect when you’re sleeping. The same mechanism also allows the Apple Watch to track new activities like dancing and…
  • Handwashing. The Apple Watch not only detects the motion but also the sound of handwashing, starting a countdown timer to make sure you’re washing for as long as needed.
  • App Library suggestions. A folder in the new App Library layout will use “on-device intelligence” to show apps you’re “likely to need next.” It’s small but potentially useful.
  • Translate app. This works completely offline, thanks to on-device machine learning. It detects the languages being spoken and can even do live translations of conversations.
  • Sound alerts in iOS 14. This accessibility feature wasn’t mentioned onstage, but it will let your iPhone listen for things like doorbells, sirens, dogs barking, or babies crying.
  • Handwriting recognition for iPad. This wasn’t specifically identified as an AI-powered feature, but we’d bet dollars to donuts it is. AI is fantastic at image recognition tasks, and identifying both Chinese and English characters is a fitting challenge.

2020-06-25 00:00:00 Read the full story…
CloudQuant Thoughts : Let’s face it, Siri is the closest most people come to knowingly interacting with AI. Apple focusing on showing you how their AI is making your life simpler and more convenient definitely improves the public’s perception of AI.

British Startup Develops The AI-Accelerated Computational Alice Camera

The British startup, Photogram AI has recently announced a new AI-powered camera called — Alice Camera. According to the company website, the camera — Alice is an “AI-accelerated computational camera” that has been designed to deliver better connectivity than a regular or advanced DSLR.

With global pandemic, and subsequent economic lockdown in hand, the company believes that video streaming has gone utterly mainstream. Along with that, smartphones have also been making considerable advancements in the field of computational photography. And that’s why Alice is trying to bridge that gap by bringing computational photography into DLSRs too for professional content creators.

According to the company’s website, Alice Camera is an interchangeable lens camera that is equipped with a dedicated AI chip which will “elevate machine learning and pushes the boundaries of what a camera can do.”

2020-09-23 08:23:11+00:00 Read the full story…
Weighted Interest Score: 2.9257, Raw Interest Score: 1.1325,
Positive Sentiment: 0.4153, Negative Sentiment 0.1888

CloudQuant Thoughts : Google have demostrated what dramatic improvements AI and ML and bring to cell phone photos. Nice to see it applied to the much maligned stand alone Camera. We need some interesting innovative tech!

Jim Cramer on Palantir going public at a $22 billion valuation (4 min Video)

After 17 years on the private market, data analytics company Palantir is making its public market debut. CNBC’s Jim Cramer and David Faber discuss how investors might react.
2020-09-25 00:00:00 Read the full story…
Weighted Interest Score: 3.3755, Raw Interest Score: 1.6878,
Positive Sentiment: 0.0000, Negative Sentiment 0.0000

CloudQuant Thoughts : I think we all have our own opinions of Palantir, even their IPO is ‘unusual’.


5? is the magic number

5 Reasons Python is Still the King of Programming Languages

Just about every programming language has an ardent fanbase, and Python is no different. Long an extremely popular “generalist” language, Python has been establishing new fans in ultra-specialist segments such as data science and machine learning. No wonder it regularly ranks so highly on various “most popular language” lists, including the TIOBE Index, RedMonk, and Stack Overflow’s annual Developer Survey.

If you’re new to programming and wondering whether to prioritize the time to learn Python, here’s a brief run-through of what developers and other technologists love about the language, along with some advice about adopting it.

  1. It’s Easy to Learn
  2. Less Coding
  3. There’s a Massive Community and Tons of Add-ons
  4. Python is Growing
  5. Python Gets You Hired

2020-09-24 00:00:00 Read the full story…
Weighted Interest Score: 2.7787, Raw Interest Score: 1.8209,
Positive Sentiment: 0.3807, Negative Sentiment 0.0993

Five Key Features for a Machine Learning Platform

Machine learning platform designers need to meet current challenges and plan for future workloads.

As machine learning gains a foothold in more and more companies, teams are struggling with the intricacies of managing the machine learning lifecycle.

The typical starting point is to give each data scientist a Jupyter notebook backed by a GPU instance in the cloud and to have a separate team manage deployment and serving, but this approach breaks down as the complexity of the applications and the number of deployments grow.

As a result, more teams are looking for machine learning platforms. Several startups and cloud providers are beginning to offer end-to-end machine learning platforms, including AWS (SageMaker), Azure (Machine Learning Studio), Databricks (MLflow), Google (Cloud AI Platform), and others. Many other companies choose to build their own, including Uber (Michelangelo), Airbnb (BigHead), Facebook (FBLearner), Netflix, and Apple (Overton).

Weighted Interest Score: 2.4708, Raw Interest Score: 1.6981,
Positive Sentiment: 0.1992, Negative Sentiment 0.0734

Five Ways to Drive ROI with AI

AI is often touted as the way of the future for enterprises in all industries – but ensuring that the return on investment (ROI) from an AI implementation actually comes to fruition can often be a trickier thing. A group of AI-oriented companies – Appen, Cognizant, Cortex, Dataiku, DataRobot (which recently commissioned its own ROI study), and Deloitte – partnered to commission a study from ESI ThoughtLab that benchmarked 1,200 organizations to identify the factors that drive ROI from AI. The result: a roadmap for success in enterprise AI.

In addition to data on AI investments and returns, the cross-industry survey collected detailed data on how and why the 1,200 organizations had implemented AI. Using that data, combined with an AI maturity framework, input from an advisory board of AI experts, and in-depth interviews with AI leaders, ESI ThoughtLab arrived at a series of conclusions about the current state of AI in business.

  1. Begin with pilots, but then scale AI across the enterprise.
  2. Lay a firm foundation.
  3. Get your data right.
  4. Solve the human side of the equation.
  5. Adopt a culture of collaboration and learning.

2020-09-24 00:00:00 Read the full story…
Weighted Interest Score: 6.5024, Raw Interest Score: 2.0935,
Positive Sentiment: 0.3441, Negative Sentiment 0.2007


ICIJ Turns to Big Data Tech to Unravel FinCEN Files

Unraveling financial crimes like money laundering is a notoriously difficult task, especially when criminals purposely cover their tracks. It gets a little easier when you have advanced tools, such as text analytics, machine learning, and a graph database, which is what the International Consortium of Investigative Journalists (ICIJ) used with its latest investigation, dubbed the FinCEN Files.

The FinCEN Files is based on the leak of about 2,100 suspicious activity reports, known as SARS, that were sent to the U.S. Treasury’s Financial Crimes Enforcement Network, or FinCEN, between 2011 and 2017. SARS are written by compliance officials at banks in the US whenever fraud is suspected in a transaction. Anytime a transaction involves US dollars, it must go through a US bank, which means they pile up at the US Treasury Department.
2020-09-25 00:00:00 Read the full story…
Weighted Interest Score: 1.8951, Raw Interest Score: 1.0144,
Positive Sentiment: 0.1252, Negative Sentiment 0.3507

How Money Laundering Concerns Require New AI Monitoring Solutions

As money laundering capabilities evolve and become more complex, the financial sector is meeting those challenges with new AI monitoring solutions.

Artificial intelligence has created a number of amazing opportunities for the financial sector. The benefits of AI are endless. Financial institutions are using AI to enhance decision-making, improve customer service, project customer needs and much more. We have talked about the benefits of using big data and AI to improve cybersecurity. But there are other processes that could be equally important for financial institutions. AI can solve some pressing challenges that financial institutions can’t afford to overlook. This includes the growing threat of money laundering.

2020-09-27 20:43:23+00:00 Read the full story…
Weighted Interest Score: 3.1689, Raw Interest Score: 1.6142,
Positive Sentiment: 0.1932, Negative Sentiment 0.8002

Google Announces General Availability Of AI Platform Prediction

Gecently, the developers at Google Cloud announced the general availability of the AI Platform Prediction. The platform is based on a Google Kubernetes Engine (GKE) backend and is said to provide an enterprise-ready platform for hosting all the transformative ML models.

Emerging technologies like machine learning and AI have transformed the way most processes and industries work around us. Machine learning has brought various significant features that require predictions, such as identifying objects in images, recommending products, optimising market campaigns and more.

However, building a robust and enterprise-ready machine learning environment can include various issues like it being time-consuming, costly as well as complex. Google’s AI Platform Prediction takes into account all these issues to provide a robust environment for ML-based tasks.

2020-09-28 12:30:39+00:00 Read the full story…
Weighted Interest Score: 5.5645, Raw Interest Score: 2.6908,
Positive Sentiment: 0.1004, Negative Sentiment 0.0201

Google launches AI Platform Prediction in general availability

Google today launched AI Platform Prediction in general availability, a service that lets developers prep, build, run, and share machine learning models in the cloud. It’s based on a Google Kubernetes Engine backend and features an architecture designed for high reliability, flexibility, and low overhead latency.

IDC predicts that worldwide spending on cognitive and AI systems will reach $77.6 billion in 2022, up from $24 billion in revenue last year. Gartner agrees: In a recent survey of executives from thousands of businesses worldwide, it found that AI implementation grew a whopping 270% in the past four years and 37% in the past year alone. With AI Platform Prediction, Google adds yet another managed AI service to its portfolio, beating back competitors like Amazon, Microsoft, and IBM.

2020-09-25 00:00:00 Read the full story…
Weighted Interest Score: 5.5636, Raw Interest Score: 2.5307,
Positive Sentiment: 0.2169, Negative Sentiment 0.0362

How to make your trading firm data driven – Cuemacro

The question I get asked most, usually revolves around burgers, a variation of where’s my favourite burger place, or what cheese works best on a burger etc. I am always happy to answer these crucial questions!

Another question which I get asked often, is how do I begin to use data in my trading? The question is kind of easy, right? However, the answer is pretty involved, and it really depends on your firm. What might be appropriate for a quant firm, isn’t necessarily right for a discretionary firm, and you must tread carefully. Furthermore, everyone’s investment mandate is slightly different. In The Book of Alternative Data, Alexander Denev and I discuss how you can create teams to use alternative data. Below, I talk about some of these points from the book and also expand upon them to answer the more general question of how you can transform your trading firm to use data better.

2020-09-26 00:00:00 Read the full story…
Weighted Interest Score: 5.0899, Raw Interest Score: 1.7044,
Positive Sentiment: 0.2206, Negative Sentiment 0.3409

Education Provider BigBrainBank Launches AI Trading Signals

Asian fintech-edutech provider BigBrainBank.org has announced the launch of a new app called “TheBrain” to provide customers with trading signals using AI-powered analytics and algorithmic trend monitoring. According to the company’s CEO, Brendon Yong, the app TheBrain – AI Trade Strategies is available on both Android and iOS app stores as well as desktop version. The app significantly helps both corporate and retail investors to improve their trading result through trade ideas, risk on risk off, backtester and a host of advanced features.

The company indicated that “the algorithmic system in BigBrainBank.org also offers users extraordinary user interface and seamless navigation to extract important metrics in trend analysis and identify trade ideas with higher success rates and risk management measures in place.”
2020-09-22 13:53:11+00:00 Read the full story…
Weighted Interest Score: 4.5989, Raw Interest Score: 2.1494,
Positive Sentiment: 0.1535, Negative Sentiment 0.1024

First Industrywide Graph DB Conference Set for Sept. 28-30

Graph algorithms are the driving force behind the next generation of AI and machine learning that will power more and more industries and use cases as time goes on. Here is an opportunity to learn about how this all works. Event host TigerGraph, which makes a graph database that it claims is the only scalable one available for enterprises, has announced the final agenda and speaker lineup for “Graph + AI World 2020,” the first industry conference devoted to democratizing and accelerating artificial intelligence and machine learning through graph algorithms and graph analytics. The online event will be held Sept. 28-30.

More than 3,000 registrants are expected to attend the free virtual event, including data scientists, data engineers, architects, and business and IT executives from more than 100 companies from the Fortune 500. The final roster includes speakers from UnitedHealth Group, Intel, JPMorgan Chase, Jaguar Land Rover, Intuit, AT&T, Xandr (part of AT&T), Scotiabank, Accenture, KPMG, Publicis Sapient, Xilinx, eWEEK, and innovative startups that include Near, Ippen Digital, OpenCorporates, Expero, Abhay Solutions, SaH Analytics International, CAS, FinTell and Landing.AI.

2020-09-25 00:00:00 Read the full story…
Weighted Interest Score: 4.4212, Raw Interest Score: 1.8942,
Positive Sentiment: 0.1973, Negative Sentiment 0.1973

Webinar: Lending digitalisation & AI: Beyond the hype – what’s concrete?

The coronavirus crisis has escalated the need for financial institutions to digitise their processes.

One specific area that’s come under the spotlight is lending. The digitalisation of a financial institution’s lending process is no longer an option, but a requirement in this current economic climate. Firms must consider the compelling benefits of artificial intelligence (AI) when digitalising their credit process in order to overcome the COVID-19 economic crisis and stay ahead of competition.

In this free webinar, axefinance experts will showcase real customers’ use cases and will demonstrate the benefits of AI throughout the entire credit lifecycle, from onboarding to decision making.

2020-09-25 16:00:09+00:00 Read the full story…
Weighted Interest Score: 4.2315, Raw Interest Score: 1.8680,
Positive Sentiment: 0.2491, Negative Sentiment 0.2491

3 Ways to Build Neural Networks in TensorFlow with the Keras API

Building Deep Learning models with Keras in TensorFlow 2.x is possible with the Sequential API, the Functional API, and Model Subclassing

If you are going around, checking out different tutorials, doing Google searches, spending a lot of time on Stack Overflow about TensorFlow, you might have…
2020-09-28 07:41:48.292000+00:00 Read the full story…
Weighted Interest Score: 4.1192, Raw Interest Score: 2.1000,
Positive Sentiment: 0.2179, Negative Sentiment 0.0892

Hands-On Guide To Using AutoNLP For Automating Sentiment Analysis

Automated Machine learning or autoML is used for automating the complete process of machine learning for real-world problems to make the process easier and more efficient. Over the years researchers have developed ways of automating processes by developing tools like AutoKeras, AutoSklearn and even no-coding platforms like WEKA and H2o.

One such area of automation is in the field of natural language processing. With the d…
2020-09-28 07:30:03+00:00 Read the full story…
Weighted Interest Score: 3.7275, Raw Interest Score: 1.5595,
Positive Sentiment: 0.2350, Negative Sentiment 0.0427

Build The Next Best Code Curator With MachineHack’s New Hackathon

“Can you come up with an algorithm that can predict the bugs, features, and questions based on GitHub titles?”

An average smartphone OS contains more than 10 million lines of code. A million lines of code take 18000 pages to print which is equal to Tolstoy’s War and Peace put together 14 times! There is always a simpler, shorter version of the code along with a longer more exhaustive version.

The number of tools, languages, techniques, and appl…
2020-09-28 04:30:36+00:00 Read the full story…
Weighted Interest Score: 3.7050, Raw Interest Score: 1.8202,
Positive Sentiment: 0.2184, Negative Sentiment 0.3640

Modernizing Data Architectures for a Digital Age Using Data Virtualization

There’s a wide range of reasons why many organizations are deciding to modernize their data architectures. But they all agree on one thing: by using data more effectively, more widely, and more deeply, they can improve and optimize business and decision-making processes that will help them stay competitive in the emerging digital economy.

To prepare data architectures for the next evolution of analytics, the current systems that rely on physical…
2020-09-21 00:00:00 Read the full story…
Weighted Interest Score: 3.6055, Raw Interest Score: 1.9088,
Positive Sentiment: 0.2121, Negative Sentiment 0.2121

dotData Enterprise is Now Available on Microsoft Azure

dotData, focused on delivering full-cycle data science automation and operationalization for the enterprise, is providing dotData Enterprise on Microsoft Azure, offering increased speed and efficiency of data science and machine learning processes coupled with Azure’s strong managed IaaS/PaaS capabilities.

In addition, dotData has added Microsoft SQL Server and Azure SQL Database connectors which allows users to quickly and easily develop AI/ML models based on data stored in their corporate databases.

2020-09-25 00:00:00 Read the full story…
Weighted Interest Score: 3.5919, Raw Interest Score: 1.7604,
Positive Sentiment: 0.3444, Negative Sentiment 0.0000

Microsoft teams up with OpenAI to exclusively license GPT-3 language model

One of the most gratifying parts of my job at Microsoft is being able to witness and influence the intersection of technological progress and impact: harnessing the big trends in computing that have the opportunity to benefit everybody on the planet. Frank’s post this morning from Ignite shows just how much progress is happening in many of these areas.

Today, the foremost computing trend is undoubtedly artificial intelligence (AI). As we increasingly develop the ability to deploy huge AI models at scale in a way that can be leveraged by all developers and businesses, AI is becoming a platform – an environment upon which folks can build amazing new experiences, just like we’ve seen happen before with personal computers, mobile devices or the internet.

Getting this AI platform off the ground requires unprecedented computing horsepower. So, this May, we expanded upon our ongoing partnership with the world-leading AI research organization OpenAI to announce one of the world’s most powerful supercomputers – a custom-designed, Azure-hosted home for training OpenAI’s equally massive AI models.
2020-09-22 00:00:00 Read the full story…
Weighted Interest Score: 3.5625, Raw Interest Score: 1.6147,
Positive Sentiment: 0.5568, Negative Sentiment 0.0000

Amazon vets raise $4M from Madrona, Bezos Expeditions, others for AI2 spinout WhyLabs

Company leaders know they need to implement artificial intelligence and machine learning technologies within their businesses to stay ahead of the competition. But studies show that most organizations aren’t yet seeing an impact from AI investments and are increasingly wary of potential risks related to the burgeoning tech.

WhyLabs wants to help. The Seattle startup came out of stealth mode this week, unveiling its AI data monitoring platform that has attracted interest from top investment firms. Madrona Venture Group, Defy Partners, Bezos Expeditions — the VC arm of Amazon CEO Jeff Bezos — and Ascend VC participated in a $4 million round for the company, which is the latest to spin out of Seattle’s Allen Institute for Artificial Intelligence (AI2).
2020-09-23 14:34:00+00:00 Read the full story…
Weighted Interest Score: 3.4933, Raw Interest Score: 1.6334,
Positive Sentiment: 0.1199, Negative Sentiment 0.2398

Data Lake Vs. Data Warehouse: What Is The Difference?

When comparing data lake vs. data warehouse, it’s important to know that these two things actually serve quite different roles. They manage data differently and serve their own types of functions.

The market for data warehouses is booming. One study forecasts that the market will be worth $23.8 billion by 2030. Demand is growing at an annual pace of 29%.

While there is a lot of discussion about the merits of data warehouses, not enough discussion centers around data lakes. We talked about enterprise data warehouses in the past, so let’s contrast them with data lakes.

Both data warehouses and data lakes are used when storing big data. On the other hand, they are not the same. A data warehouse is a storage area for filtered, structured data that has been processed already for a particular use, while Data Lake is a massive pool of raw data and the aim is still unknown.
2020-09-23 20:41:11+00:00 Read the full story…
Weighted Interest Score: 3.4828, Raw Interest Score: 1.9173,
Positive Sentiment: 0.1407, Negative Sentiment 0.0704

Harnessing alternative data in the fight against fraud

The recent global crisis has set off a major fraud resurgence. With the world continuing its acceleration towards becoming digital-first, and with everything from work and transactions to entertainment and shopping happening online, potential attack vectors and opportunities are exponentially growing. The UK alone has seen a 66 percent rise in scams during the pandemic so far.

This is especially true for the financial services sector, as banks and financial organisations quickly shift their operations online during the pandemic in order to reach newly remote customers. Actions such as onboarding and sensitive transactions have been forced to take place purely remotely, while ID verification methods had to be adapted to cater to remote customers – during lockdown, the FCA even announced plans to accept selfies as part of a holistic identity verification process.

Fighting fraud with traditional techniques is no longer enough. As fraud becomes digital-first, so should anti-fraud techniques – businesses need to combine technology and data to create intelligent, real-time responses to problems, without a customer, or potential fraudster, ever even knowing. To do this, alternative data and machine learning are quickly becoming go-to solutions.

2020-09-28 00:00:00 Read the full story…
Weighted Interest Score: 3.4262, Raw Interest Score: 1.4047,
Positive Sentiment: 0.1155, Negative Sentiment 0.7697

TIBCO Introduces New Platforms to Better Manage Data

TIBCO Software Inc., a provider of enterprise data solutions, is focusing on disrupting the analytics space with a series of platform releases, including TIBCO Hyperconverged Analytics, providing immersive, smart, and real-time analytics to data-driven businesses. The company also unveiled TIBCO Spotfire 11 and TIBCO Cloud Data Streams, accelerating insights and actions for businesses.2020-09-24 00:00:00 Read the full story…
Weighted Interest Score: 3.1368, Raw Interest Score: 1.9657,
Positive Sentiment: 0.0836, Negative Sentiment 0.0418

Bidgely Secures US$8 Million Financing from CIBC Innovation Banking to Accelerate Growth

CIBC Innovation Banking is pleased to announce a US$8 million growth capital financing for cloud-based energy analytics software provider, Bidgely. Based in Mountain View, California, this funding will enable Bidgely to accelerate its growth plans across Asia, Europe and North America.

Bidgely uses artificial intelligence (AI) solutions to transform utility meter data into business intelligence for utilities and energy retailers who seek to better understand their customers. Retailers can leverage the augmented insights to personalize acquisition strategies and customer engagement, optimize retention, and to modernize grid operations. Bidgely works with over 25 utilities and energy retailers across the globe, and …
2020-09-24 00:00:00 Read the full story…
Weighted Interest Score: 2.9863, Raw Interest Score: 1.4263,
Positive Sentiment: 0.4037, Negative Sentiment 0.0000

Rethinking The Way We Benchmark Machine Learning Models

“Unless you have confidence in the ruler’s reliability, if you use a ruler to measure a table, you may also be using the table to measure the ruler.” Wittgenstein’s ruler

Do machine learning researchers solve something huge every time they hit the benchmark? If not, then why do we have these benchmarks? Benchmarks indeed guide researchers and their research objectives. But, if the benchmark is breached every couple of months then research objectives might become more about chasing benchmarks than solving bigger problems.

In order to address these challenges, researchers at Facebook AI have introduced Dynabench, a new platform for dynamic data collection and benchmarking. Dynabench can be used to collect human-in-the-loop data dynamically, against the current state-of-the-art, in a way that more accurately measures progress.

What’s Wrong With Current Benchmarks
Benchmarks are meant to challenge the ML community for longer durations. The rate at which AI expands can make existing benchmarks saturate quickly. With a new NLP model being released almost every two months, benchmarks fall back.

2020-09-28 09:30:00+00:00 Read the full story…
Weighted Interest Score: 2.7209, Raw Interest Score: 1.2631,
Positive Sentiment: 0.2831, Negative Sentiment 0.4138

Qeexo Adds Support for Arm’s Edge Processor

Qeexo, the “tinyML” specialist, said its AutoML platform now supports the smallest Cortex processors from Arm Ltd., making it the first vendor to automate machine learning on the Arm processor used for edge computing in sensors and microcontrollers.

The Carnegie Mellon University spinoff said Wednesday (Sept. 23) its AutoML platform that migrated to the cloud this past summer supports Arm’s Cortex-MO and -MO+ architectures aimed at edge computing applications. The “plus” version further reduces power consumption, a critical requirement for Internet of Things sensors and other unattended devices.

The Cortex-MO product line targets embedded applications and smart, connected devices used in industrial, automotive and other edge deployments.

2020-09-23 00:00:00 Read the full story…
Weighted Interest Score: 2.6676, Raw Interest Score: 1.9913,
Positive Sentiment: 0.1086, Negative Sentiment 0.0724

How Cloudera Enables Enterprises to Address Radical Change

Discussions of leading cloud computing often focus on the handful of U.S.-based companies–AWS, Microsoft Azure, IBM and Google–that lead the industry in terms of market share. That makes sense on one level but tends to obscure numerous other vendors, whose assistance is crucial to enterprises determined to capture the greatest value from their cloud computing and related investments.

One of the key players in this space is Cloudera. Founded in 2008, the company was an early mover in big data platforms and applications. However, Cloudera has also evolved steadily through organic development, acquisitions and strategic partnerships with key enterprise and cloud vendors to become a trusted partner for organizations of every kind.

Last week, the company announced new and upcoming data services based on the Cloudera Data Platform (CDP). Coming a year after the company purchased Arcadia Data, a provider of cloud-native, AI-driven business intelligence and analytics solutions, makes that acquisition seem particularly prescient. Let’s consider these new offerings and what they say about Cloudera’s position in the rapidly evolving and growing market for enterprise cloud.

2020-09-23 00:00:00 Read the full story…
Weighted Interest Score: 2.6258, Raw Interest Score: 1.4715,
Positive Sentiment: 0.3165, Negative Sentiment 0.1108

The Top Trends in Data Management for 2021 (Webinar)

From the rise of hybrid and multicloud architectures, to the impact of machine learning and automation, the business of data management is constantly evolving with new technologies, strategies, challenges and opportunities. The demand for fast, wide-range access to information is growing. At the same time, the need to effectively integrate, govern, protect and analyze data is also intensifying. All the while, data environments are increasing in size and complexity — traversing relat…
2020-12-10 00:00:00 Read the full story…
Weighted Interest Score: 2.5974, Raw Interest Score: 1.6729,
Positive Sentiment: 0.0929, Negative Sentiment 0.0929

Allen Institute researchers find pervasive toxicity in popular language models

Researchers at the Allen Institute for AI have created a data set — RealToxicityPrompts — that attempts to elicit racist, sexist, or otherwise toxic responses from AI language models, as a way of measuring the models’ preferences for these responses. In experiments, they claim to have found that no current machine learning technique sufficiently protects against toxic outputs, underlining the need for better training sets and model architectures.

It’s well-established that models amplify the biases in data on which they were trained. That’s problematic in the language domain, because a portion of the data is often sourced from communities with pervasive gender, race, and religious prejudices. AI research firm OpenAI notes that this can lead to placing words like “naughty” or “sucked” near female pronouns and “Islam” near words like “terrorism.” Other studies, like one published by Intel, MIT, and Canadian AI initiative CIFAR researchers in April, have found high levels of stereotypical bias from some of the most popular models, including Google’s BERT and XLNet, OpenAI’s GPT-2, and Facebook’s RoBERTa.

2020-09-25 00:00:00 Read the full story…
Weighted Interest Score: 2.5496, Raw Interest Score: 1.4179,
Positive Sentiment: 0.0773, Negative Sentiment 0.2578

Modern Data Warehousing: Enterprise Must-Haves (Webinar)

To fit into modern analytics ecosystems, legacy data warehouses must evolve – both architecturally and technologically – to deliver the agility, scalability and flexibility that business need to thrive in today’s data-driven economy. Alongside new architectural approaches, a variety of technologies have emerge…
2020-11-19 00:00:00 Read the full story…
Weighted Interest Score: 2.5448, Raw Interest Score: 1.6053,
Positive Sentiment: 0.0944, Negative Sentiment 0.0000

Evolutionary Decision Trees: When Machine Learning draws its Inspiration from Biology

The Decision Tree shows that for business travels the main factor of customer satisfaction is the online boarding: an easy and efficient online boarding increases the likelihood for customers to be satisfied. It also highlights the importance of the quality of inflight service wifi.

As our knowledge in Biology, or the Science of Life, increased tremendously over time, it has become a great source of inspiration for many engineers seeking to address challenging problems and develop creative innovations.

Take the example of the Japanese high-speed train, Shinkansen, one of the fastest trains of the world, with speeds in the excess of 300km/h. During its conception, engineers encountered serious difficulties because of the massive amount of noise created by the displacement of air ahead of the trains, which can even cause structural damage to several tunnels. To address this issue, they turned to an unlikely source, the Kingfisher! This bird has an elongated beak that enables him to dive into the water to hunt with a minimal splash. Thus, by redesigning the train in the image of the bird, engineers were able not only to solve the initial issue but also reduce the trains’ electricity consumption by 15%, and increase the speed by 10%.

Using knowledge in Biology as a source of inspiration is also possible in Machine Learning. In this article, I will focus on one example: Evolutionary Decision Trees.

2020-09-27 13:21:05.278000+00:00 Read the full story…
Weighted Interest Score: 2.4537, Raw Interest Score: 1.2627,
Positive Sentiment: 0.3013, Negative Sentiment 0.1291

AI and IoT Applied to Supply Chains Are Driving Digital Twins

The combination of IoT and machine learning growing at the same time is leading to a rise in the use of digital twins in the supply chain, as a digital replica that can be used for various purposes. The connection with the physical model and the corresponding virtual model is established by generating real time data using sensors.

The Digital Twin Consortium, launched in August as a program of the Object Management Group, is working on defining a taxonomy and standards and enabling technology including AI and simulation. Engineers are being attracted to the work. Founding members include Ansys, Dell, GE, Lendlease, Microsoft and Northrop Grumman.

“IoT and ML are the raw materials and the tools—the insight is in the repository where we model processes and create context. While this might be a database or a data lake, the most interesting example of this for me is the digital twin,” wrote Scott Lundstrom, an analyst focused on the intersection of AI, IoT and Supply Chains, on his blog, Supply Chain Futures.

2020-09-24 20:42:42+00:00 Read the full story…
Weighted Interest Score: 2.2408, Raw Interest Score: 1.4676,
Positive Sentiment: 0.1910, Negative Sentiment 0.1005

Databases 101: Introduction to Databases for Data Scientists

Data science is one of the fast-growing fields that I can’t see slowing down any time soon. Not with how our data dependence is overgrowing day by day. Data science is all about data, collecting it, cleaning it, analyzing it, visualizing it, and using it to make our life better. Handling large amounts of data can be a challenging task for data scientists. Most of the time, that data we need to process and analyze is much larger than the capacity of our devices (the size of the RAM). Storing the information on the hard-drive might cause our code to be much slower.

Not to mention that in order to make sense of the data, and to process it efficiently, we need to have this data ordered in some way. Here where databases come to play. A database is defined as a structured set of data held in a computer’s memory or on the cloud that is accessible in various ways. As a data scientist, you will need to design, create, and interact with databases on most of the projects you will work on. Sometimes you will need to create everything from scratch, while at other times, you will just need to know how to communicate with an already existing database.

When I first started my journey in data science, handling databases was one of the most challenging aspects to master. That’s why I decide to write a series of articles about everything databases. This article will be a brief introduction to databases. What is SQL? Why do we need databases? And the different types of databases.

2020-09-27 21:56:47.481000+00:00 Read the full story…
Weighted Interest Score: 2.0019, Raw Interest Score: 1.1477,
Positive Sentiment: 0.1868, Negative Sentiment 0.1601

Seattle startup Attunely raises $6M to help debt collection agencies collect payment

Attunely is raising more cash to support increasing demand for its machine learning platform used by debt collection agencies. The Seattle startup raised a $6 million Series A round from Framework Venture Partners, Anthos Capital, Vulcan Capital, and others.

Founded in 2018 and spun out of Seattle-based startup studio Pioneer Square Labs, Attunely crunches data related to debt records and consumer interaction history, in addition to other information such as macroeconomic trends, to produce a “score” for consumers who owe payment.

Attunely CEO Scott Ferris said the company saw a surge in activity earlier this year from creditors and recovery agencies that are “seeking technology solutions to optimize revenue recovery on call center resource constraints.”


2020-09-24 14:00:00+00:00 Read the full story…
Weighted Interest Score: 1.9737, Raw Interest Score: 1.4286,
Positive Sentiment: 0.1099, Negative Sentiment 0.0549

Microsoft Launches Spatial Analytics, Other AI Services at Ignite

Microsoft rolled out an array of new AI services during its Ignite conference today, including Spatial Analysis, a new offering that uses computer vision algorithms to detect and count the number of people in a room.

Spatial Analysis, which is part of the Microsoft Azure Cognitive Service offering, can combine images from multiple cameras to count the number of people in a room. It can also understand the distances between them (handy for social distancing in the COVID-19 era), and figure out how long they’re waiting in line or standing in front of displays.

The technology has already been rolled out at RXR, a real estate company based in New York City that has embedded spatial analysis in its RxWell app to ensure occupants’ safety and wellness.

“When it came to developing RxWell, there was simply no other company that had the capability and the infrastructure to meet our comprehensive data, analytics, and security needs than Microsoft,” RXR CEO Scott Rechler says in a press release.

2020-09-22 00:00:00 Read the full story…
Weighted Interest Score: 1.9084, Raw Interest Score: 1.1464,
Positive Sentiment: 0.1764, Negative Sentiment 0.1470

Researcher Interview: Ziv Epstein, Research Associate, MIT Media Lab

Zivvy Epstein is a PhD student in the Human Dynamics group of the MIT Media Lab. His work integrates aspects of design and computational social science to model and understand cooperative systems. He focuses on new challenges and opportunities that emerge from a digital society, particularly in the domains of artificial intelligence and social media. His research centers around creating new technologies and insights that make the internet a better place. In a new study, Who gets credit for AI-generated art?, published in iScience, Epstein, his advisor Prof. David Rand, and their coauthors focused on how credit and responsibility should be allocated when AI is used to generate art. 
2020-09-24 21:11:05+00:00 Read the full story…
Weighted Interest Score: 1.8716, Raw Interest Score: 0.7623,
Positive Sentiment: 0.1607, Negative Sentiment 0.3578

Scaling to Great Heights at the Ray Summit

If you haven’t yet heard about Ray, the open source Python framework for building distributed applications, then next week’s Ray Summit will provide a compelling introduction to what might be one of the cornerstone technologies of the next decade.

Ray emerged several years ago from UC Berkeley’s RISELab with a goal of radically simplifying the process of developing distributed applications. The software was designed to support any application written in any language, but in practice it’s been used mostly with machine learning applications written in Python.

What it does sounds almost too good to be true. Instead of hiring a large team of engineers or Kubernetes experts to get an application running in a distributed manner on a large cluster, a single developer can enable their application to run in a parallel manner with the addition of a few lines of code and about 30 minutes of work.
2020-09-24 00:00:00 Read the full story…
Weighted Interest Score: 1.8593, Raw Interest Score: 1.0508,
Positive Sentiment: 0.1911, Negative Sentiment 0.0382


This news clip post is produced algorithmically based upon CloudQuant’s list of sites and focus items we find interesting. We used natural language processing (NLP) to determine an interest score, and to calculate the sentiment of the linked article using the Loughran and McDonald Sentiment Word Lists.

If you would like to add your blog or website to our search crawler, please email customer_success@cloudquant.com. We welcome all contributors.

This news clip and any CloudQuant comment is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation regarding a course of action. This information is provided with the understanding that CloudQuant is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation. You are responsible to make your own independent decision with respect to any course of action based on the content of this post.

The post AI & Machine Learning News. 28, September 2020 appeared first on CloudQuant.

Alternative Data News. 30, September 2020

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Alternative Data News. 30, September 2020

Finding sources and uses for alternative data can be difficult. At CloudQuant we regularly read and search the internet for new sources of data that can be used in our mission to find alpha signals and build quantitative trading strategies. We recognize that we are technology and data junkies so we wrote our own crawler that specifically seeks out web pages, posts, and news articles that give us a snapshot of what is going on in the world of Alt Data. The following is a collection of articles that we think you will find interesting from the past week.


The Meteoric Rise of Among Us

Source : steamdb.info

Source : https://innersloth.itch.io/among-us/devlog

Tools : Python, Illustrator

Notes : The chart does not take into account mobile players, only concurrent players on Steam.

The chart begins from the game’s Steam release. The game has existed beforehand as a beta on various platforms, including itch.io, Android, and iOS.

2020-09-27 00:00:00 Read the full story…

CloudQuant Thoughts : If you do not know what Among Us is, it is the latest Minecraft or Fortnite (depending on how old you/your kids are). It was launched June 15th 2018 and had 18 players on its first weekend. As a Brit, I am annoyed that it is not called “Amongst Us”! But it is now the biggest thing in videogaming!. Don’t believe me? Check out Google Trends….

Here’s the shocking truth about Robinhood investors vs. Wall Street stock pros

Individual investors as a group are doing better than most U.S. equity mutual funds

Call it the revenge of the small investor. For months now, small retail investors have been ridiculed by Wall Street professionals for being hyperactive traders — addicted to risk and hopelessly irrational. But just released academic research finds that, as a group, they’ve outperformed the market.

Yes, you read that right. The research, conducted by Ivo Welch, a finance professor at UCLA’s Anderson Graduate School of Management, is entitled Retail Raw: Wisdom of the Robinhood Crowd and the Covid Crisis. The National Bureau of Economic Research recently began circulating it in academic circles.

For the study, Welch obtained data reflecting all trades over the three-year period from mid-2018 to August 2020 at Robinhood, the online retail brokerage firm. Though he did not have data on the actual composition of each individual’s portfolio at the firm, Welch was able to see the number of individual accounts that owned each individual stock. (The data was collected, with Robinhood’s tacit blessing, by the website Robintrack.com.)

Armed with this data, Welch constructed a hypothetical portfolio that weighted each stock according to the number of Robinhood accounts that owned it. That is, if stock ABC was owned in twice as many Robinhood accounts as stock XYZ, then this hypothetical portfolio invested twice as much in ABC than in XYZ. Over the three years studied, this hypothetical portfolio beat the market (as represented by benchmarks such as the S&P 500 SPX, 0.57% ), both in raw unadjusted terms as well as after risk adjustment.

2020-09-29 00:00:00 Read the full story…
Weighted Interest Score: 2.8411, Raw Interest Score: 1.3042,
Positive Sentiment: 0.2006, Negative Sentiment 0.1605

CloudQuant Thoughts : There are a significant number of stories that claim the opposite to this research. What is of no doubt is that the industry got hooked by seeing the updates of ‘holdings’ of retail investors at a much higher detail and time resolution than ever before. So interested that Robintrack.com no longer exists, as RobinHood’s investors had them turn off the spigot of that lovely retail data flow. Bloomberg News reported in October 2018 that Robinhood had received almost half of its revenue from payment for order flow from the likes of Citadel and Two Sigma. Firms that handle trades for retail traders and trade themselves (utilizing that data and trade flow to improve their models/market sensitivity and even their trading costs!) have been around for a long time. How can the rest of us gain access to such data? Head over to our data catalog and review the Intelligration Dataset!

Investing in the 2020 Election

Motivation : Sites like PredictIt give you the ability to directly bet on 2020 election outcomes, but have unfavorable fee structures and restrictive limits on how much money you can put in. I wanted to take a quantitative approach in determining which stocks to buy based on my 2020 election predictions.

Background : I define “Trump Beta” as the correlation between a stock’s daily prices changes and the daily changes in Trump’s election odds. Presidential election odds are calculated based off of trading on the PredictIt betting market, where over 100,000 users are buying and selling contracts on the outcome of this next election. I’ve been scraping the PredictIt website every day since June 2019, to get a complete picture of how each candidate’s election odds have evolved over time. Of course, both stock market prices and PredictIt election odds are noisy numbers, and correlation does not necessarily indicate causation. However, I believe that political beta is still a powerful tool for quantifying the potential stock market impact of different election outcomes.

Insights

2020-09-25 00:00:00 Read the full story…

CloudQuant Thoughts : Our first link to a WallStBets post! But this one is by u/pdpwp90 of QuiverQuant, a well know creator on dataisbeatiful and we have regularly covered his content in this blog.


ESG Section

CloudQuant also provides access to Alternative Data Sets, going one step further than everyone else in the industry : providing analysis, white papers and python code to demonstrate the efficacy of specific data sets. Head over to our DataSet Catalog for more information.

Vanguard, BlackRock, Transamerica Launch New ESG ETFs: Portfolio Products

Vanguard, BlackRock and Transamerica added new environmental, social and governance exchange-traded funds to their offerings, reflecting the growing interest in ESG investing.

In other ESG news, Cboe Global Markets launched cash-settled options on the S&P 500 ESG Index (SPESG). The S&P 500 ESG Index was designed to align investment objectives with ESG values and the new index options are a potential tool for investors to implement hedging, risk management, income enhancement and asset allocation strategies, it said
2020-09-28 00:00:00 Read the full story…
Weighted Interest Score: 9.0886, Raw Interest Score: 3.1655,
Positive Sentiment: 0.1745, Negative Sentiment 0.0000

How women can invest in themselves and other women

Put your financial foot forward, and help others too. Investing is for anyone who wants to have control over their financial future — including you, your best friend and your mom.

But with the rise of socially responsible investing, there’s a new motivating factor for women: Your investments can also help support others. These initiatives, which focus on creating an impact with your investment dollars, have opened the door for you to not only put your best financial foot forward, but also to help others do the same in the process.

Here are four ways to invest not just for yourself, but in the success and advancement of other women.

3. If you prefer the DIY investing approach, you can find mutual funds that focus on benefiting women or other marginalized groups and add them to your portfolio.

While every fund is different, some consider whether companies offer sexual harassment training, whether a company does business with minority and women-owned firms or has fund managers who partner with organizations working to stop human trafficking. Many socially responsible investing funds are graded using ESG investing factors (ESG stands for environmental, social and corporate governance). High scores in the social and governance categories may indicate a company with a diverse leadership board or equal employment opportunities

2020-09-30 00:00:00 Read the full story…
Weighted Interest Score: 2.6670, Raw Interest Score: 1.4094,
Positive Sentiment: 0.3903, Negative Sentiment 0.1301

Questions All Impact Investors Should Ask Themselves Before Investing

Thanks to the growing popularity of impact investing strategies (i.e., those that seek to support environmental or social change in the pursuit of financial returns), a debate rages on about which methods are the ones to pursue.

Private and public approaches to impact investing each come with their own inherent benefits, drawbacks, and risks. Private investments may happen on a much smaller scale (by household, perhaps), and may only be available to certain types of high net worth investors. Investments in publicly traded companies and funds are pooled into large scale investments, making the contributions of any single retail investor less impactful.

The contrasts between the two don’t begin and end with what’s above. Determining where you want to invest depends greatly on how much risk you’re willing to incur and — ultimately — at what level and to what degree you want to see your investment make a difference.

2020-09-29 00:00:00 Read the full story…
Weighted Interest Score: 2.3779, Raw Interest Score: 1.4033,
Positive Sentiment: 0.1689, Negative Sentiment 0.0910


The future of data privacy in alternative data – An interview with Peter Greene

We had the opportunity to interview Peter Greene, Vice Chair of the Investment Management Group at Lowenstein Sandler LLP, on the topic of data privacy in alternative data. We cover the evolution of data compliance, current challenges in the regulatory scheme and how data privacy might evolve in the future. Comments have been condensed and edited for clarity.

Looking back at your presentation from the 2020 Quandl Data Conference, how important is data privacy and data compliance for a hedge fund or data-driven investor today versus 5 years ago?

2020-09-22 15:19:53+00:00 Read the full story…
Weighted Interest Score: 2.4738, Raw Interest Score: 1.2418,
Positive Sentiment: 0.0837, Negative Sentiment 0.1535

Harnessing alternative data in the fight against fraud

The recent global crisis has set off a major fraud resurgence. With the world continuing its acceleration towards becoming digital-first, and with everything from work and transactions to entertainment and shopping happening online, potential attack vectors and opportunities are exponentially growing. The UK alone has seen a 66 percent rise in scams during the pandemic so far.

This is especially true for the financial services sector, as banks and financial organisations quickly shift their operations online during the pandemic in order to reach newly remote customers. Actions such as onboarding and sensitive transactions have been forced to take place purely remotely, while ID verification methods had to be adapted to cater to remote customers – during lockdown, the FCA even announced plans to accept selfies as part of a holistic identity verification process.

Fighting fraud with traditional techniques is no longer enough. As fraud becomes digital-first, so should anti-fraud techniques – businesses need to combine technology and data to create intelligent, real-time responses to problems, without a customer, or potential fraudster, ever even knowing. To do this, alternative data and machine learning are quickly becoming go-to solutions.
2020-09-28 00:00:00 Read the full story…
Weighted Interest Score: 3.4262, Raw Interest Score: 1.4047,
Positive Sentiment: 0.1155, Negative Sentiment 0.7697

Google’s Cloud TPUs now better support PyTorch

In 2018, Google introduced accelerated linear algebra (XLA), an optimizing compiler that speeds up machine learning models’ operations by combining what used to be multiple kernels into one. (In this context, “kernels” refer to classes of algorithms for pattern analysis.) While XLA supports processor and graphics card hardware, it also runs on Google’s proprietary tensor processing units (TPUs) and was instrumental in bringing TPU support to Facebook’s PyTorch AI and machine learning framework. As of today, PyTorch/XLA support for Cloud TPUs — Google’s managed TPU service — is now generally available, enabling PyTorch users to take advantage of TPUs using first-party integrations.

Google’s TPUs are application-specific integrated circuits (ASICs) developed specifically to accelerate AI. They’re liquid-cooled and designed to slot into server racks; deliver up to 100 petaflops of compute; and power Google products like Google Search, Google Photos, Google Translate, Google Assistant, Gmail, and Google Cloud AI APIs. Google announced the third generation at its annual I/O developer conference in 2018 and in July took the wraps off its successor, which is in the research stage.

2020-09-29 00:00:00 Read the full story…
Weighted Interest Score: 3.3147, Raw Interest Score: 1.9243,
Positive Sentiment: 0.1241, Negative Sentiment 0.0310

Drive Your Digital Business With Data — The Data Strategy Track At Forrester’s Data Strategy & Insights Forum

The great thing about digital businesses is that there’s a data trail of breadcrumbs for everything you, your customers, and your partners do. The tough thing about digital businesses is that actually using that data to optimize your business takes a degree of data management maturity very few organizations have. Many firms are working hard to up their game, but there is no quick fix or one-size-fits-all solution. Data strategy is hard!

Fortunately, help is on the way: Coming up on October 13–15 is Forrester’s Data Strategy & Insights North America Forum. It’s our third year for this Forum and is looking to be bigger and better than ever — and it’s our first time doing this one in an all-virtual format. Last year, you told us that you wanted more sessions on data: data strategy, best practices, technology architectures, all things data. So this year, we have curated a track completely dedicated to driving your digital business with data.

2020-09-28 13:33:47-04:00 Read the full story…
Weighted Interest Score: 2.7283, Raw Interest Score: 1.5915,
Positive Sentiment: 0.2274, Negative Sentiment 0.0758

IIT Madras & ESPNcricinfo’s AI-Powered Tool Is Enhancing The Indian Cricket (IPL) Experience This Season

Artificial intelligence-powered tool, ‘Superstats’ by Indian Institute of Technology Madras and ESPNcricinfo is enhancing the experience of Indian Premier League (IPL) matches for its fan by providing a context to every game event in a game and also provides insights into factors such as ‘luck.’ It uses data science to enable the same. Superstats takes into account the context of every performance, batting and bowling. Context includes pitch conditions, quality of opposition, and match situation – in terms of the pressure on the player.

The AI Engine leverages the rich data collected from over a decade-old ESPNcricinfo’s ball-by-ball updates. The work was led by Prof. Raghunathan Rengaswamy and Prof. Mahesh Panchagnula of IIT Madras along with the ESPNcricinfo team. The AI tool was developed in 2019 through a collaboration between ESPNcricinfo, IIT Madras and Gyan Data Pvt. Ltd., an IIT Madras-incubated company. It is a suite of metrics that helps fans judge performances in limited-overs cricket – T20s and ODIs – in a far more nuanced manner than conventional metrics do.

It has a feature called ‘Forecaster’ that can predict the final score of an ongoing inning and the win probabilities of teams using statistical and machine learning models. The predictions take into account several factors including the current run rate, number of overs and wickets left, quality and form of the players.

2020-09-28 09:57:47+00:00 Read the full story…
Weighted Interest Score: 2.5545, Raw Interest Score: 1.1860,
Positive Sentiment: 0.1873, Negative Sentiment 0.1561


This news clip post is produced algorithmically based upon CloudQuant’s list of sites and focus items we find interesting. We used natural language processing (NLP) to determine an interest score, and to calculate the sentiment of the linked article using the Loughran and McDonald Sentiment Word Lists.

If you would like to add your blog or website to our search crawler, please email customer_success@cloudquant.com. We welcome all contributors.

This news clip and any CloudQuant comment is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation regarding a course of action. This information is provided with the understanding that CloudQuant is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation. You are responsible to make your own independent decision with respect to any course of action based on the content of this post.

The post Alternative Data News. 30, September 2020 appeared first on CloudQuant.

Tesseract – CloudQuant’s latest White Paper success…

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Tesseract – CloudQuant’s Latest White Paper Success!

Our most recently completed white paper is on Tesseract Investments ETF Data Set.

Tesseract Investments is a data analytics company that uses cutting edge statistics to predict the future performance of around 180 ETFs.

Our research uncovered Significant Alpha in their Dataset.

The most significant results were from taking their key data point, going Long the top 10%, Short the bottom 10% and holding for 10 days.

For information on this or any of our other white papers and/or access to the data and back-test code used either…

Email Sales@CloudQuant.com,

Make an appointment to speak to a CloudQuant Representative,

Or fill in the form on the right to be contacted back by a CloudQuant Representative.

See also our Data Catalog and our Repository of White Papers.

The post Tesseract – CloudQuant’s latest White Paper success… appeared first on CloudQuant.

Tesseract – A MARVEL’ous Alternative Dataset!

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Tesseract – A MARVEL’ous Alternative Dataset!

CloudQuant’s Latest White Paper Success!

You won’t have to travel to Odin’s Vault to get your hands on this precious data….

Our most recently completed white paper is on Tesseract Investments ETF Data Set.

Tesseract Investments is a data analytics company that uses cutting edge statistics to predict the future performance of around 180 ETFs.

Our research uncovered Significant Alpha in their Dataset. That is pure Alpha in the dataset alone, once applied to one of your models you may find significantly more impact. Jump to our Data Catalog for more info.

The most significant results were from taking their key data point, going Long the top 10%, Short the bottom 10% and holding for 10 days.

For information on this or any of our other white papers and/or access to the data and back-test code used either…

Email Sales@CloudQuant.com,

Make an appointment to speak to a CloudQuant Representative,

Or fill in the form on the right to be contacted back by a CloudQuant Representative.

The post Tesseract – A MARVEL’ous Alternative Dataset! appeared first on CloudQuant.

AI & Machine Learning News. 05, October 2020

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AI & Machine Learning News. 05, October 2020

The Artificial Intelligence and Machine Learning News clippings for Quants are provided algorithmically with CloudQuant’s NLP engine which seeks out articles relevant to our community and ranks them by our proprietary interest score. After all, shouldn’t you expect to see the news generated using AI?


Analytics Vidhya Data Science Blogathon

What if you could turn your machine learning knowledge into a superpower?

Imagine you’re given the opposrunity to put all your machine learning knowledge to the test by displaying your skillset in the form of the written word? And that you would stand a chance to showcase your work to a community of 500,000+ data scientists? That sounds too good to be true, right? Well, that’s the Data Science Blogathon for you!

CloudQuant Thoughts : There were many more ML and AI articles this week than usual, most of which were summaries and top 10 lists. These appear to be as a result of a competition over at AnalyticsVidhya.com. The competition is already live and finishes on October 11th at 11.59pm. Prizes are available. The winners for all 3 categories will be declared on October 20, 2020.

Try out Teachable Machine

Try out Teachable MachineCheck out Dale’s blog

CloudQuant Thoughts : Pretty neat Google!

CloudQuant Nomintated for Benzinga Award

CloudQuant have been nominated for a Benzinga Award for their industry leading tech, specifically the CloudQuant Liberator API, which helps Funds, Quants and Trading firms get from Raw Alternative Data to Profits faster than ever before. Head over to this page to find out more, or this page to vote for us!

Top 10 Deep Learning Researchers Who Are Re-defining Its Application Areas

Most of the recently trending technologies such as BERT, GPT-3, Transformers, LSTM, GANs and others have deep learning at the core. These deep learning-based applications are transforming many industries such as self-driving, language translation, fraud detection and more. The researchers in the field of deep learning are contributing immensely to bring some fantastic applications in the field. In this article, we list ten deep learning researchers, in no particular order, who are re-defining the application areas of deep learning.

  1. Geoffrey Hinton
  2. Ian Goodfellow
  3. Ruslan Salakhutdinov
  4. Yann Lecun
  5. Yoshua Bengio
  6. Jurgen Schmidhuber
  7. Sepp Hochreiter
  8. Michael Jordan
  9. Ilya Sutskever
  10. Andrej Karpathy

2020-10-05 08:30:17+00:00 Read the full story…
Weighted Interest Score: 3.6488, Raw Interest Score: 2.5247,
Positive Sentiment: 0.1235, Negative Sentiment 0.0823

CloudQuant Thoughts : Knowing the thought leaders in any industry and following what they are up to is the key to keeping up to date!

I created a complete overview of machine learning concepts seen in 27 data science and machine learning interviews

During my last interview cycle, I did 27 machine learning and data science interviews at a bunch of companies (from Google to a ~8-person YC-backed computer vision startup). Afterwards, I wrote an overview of all the concepts that showed up, presented as a series of tutorials along with practice questions at the end of each section. I hope you find it helpful! ML Primer

CloudQuant Thoughts : This handy PDF is from the Machine Learning subreddit on Reddit.com, I noted that it used Confetti.ai to carry out its tests. Those tests are part of Confetti’s own pretty neat step by step guide… MACHINE LEARNING ENGINEER GUIDE – A curated set of exercises for becoming a machine learning engineer.

Most Data Science Projects Fail, But Yours Doesn’t Have To

In an effort to remain competitive in today’s increasingly challenging economic times, companies are moving forward with digital transformations — powered by data science and machine learning — at an unprecedented rate. According to PwC ‘s global study, AI will provide up to 26% boost in GDP for local economies by 2030. Yet, for many companies, implementing data science into various aspects of their businesses can prove difficult if not daunting.

According to Gartner analyst Nick Heudecker, over 85% of data science projects fail. A report from Dimensional Research indicated that only 4% of companies have succeeded in deploying ML models to production environment.

Even more critical, the economic downturn caused by the COVID-19 pandemic has placed increased pressure on data science and BI teams to deliver more with less. In this down market, organizations are reassessing which AI/ML models they should develop, how to optimize resources and how to best use valuable budget dollars for maximum impact. In this type of environment, AI/ML project failure is simply not acceptable.
2020-10-01 00:00:00 Read the full story…
Weighted Interest Score: 3.3551, Raw Interest Score: 1.8652,
Positive Sentiment: 0.3847, Negative Sentiment 0.4780

CloudQuant Thoughts : The fact that 85% of Data Science projects fail and only 4% of companies are succeeding in getting ML models to production should give us all pause! However, to quote the original Watson, Thomas J, founder of IBM – “You can be discouraged by failure, or you can learn from it. So go ahead and make mistakes, make all you can. Because, remember that’s where you’ll find success – on the far side of failure.”.

NVIDIA Partners with VMware to Bring AI to Every Enterprise

At VMworld 2020 , VMware and NVIDIA announced a partnership to deliver both an end-to-end enterprise platform for AI and a new architecture for data center, cloud, and the edge that uses NVIDIA DPUs (data processing units) to support existing and next-generation applications.

Through this collaboration, the AI software available on the NVIDIA NGCTM hub will be integrated into VMware vSphere, VMware Cloud Foundation and VMware Tanzu. This will help accelerate AI adoption, enabling enterprises to extend existing infrastructure for AI, manage all applications with a single set of operations, and deploy AI-ready infrastructure where the data resides, across the data center, cloud and edge.

2020-09-29 00:00:00 Read the full story…
Weighted Interest Score: 3.3906, Raw Interest Score: 1.5385,
Positive Sentiment: 0.2941, Negative Sentiment 0.0452

CloudQuant Thoughts : Pay attention… Nvidia are on the cutting edge of everything at all levels in ML and AI.

Springer Released 65+ free Computer Science, Machine Learning, Data Science, Web Development Books

Amazing books that you can download for free…

Well here is the good news for Computer Science, Data Science, and Machine Learning Enthusiasts because Springer has released more than 70 books in Computer Science, Data Science, and Machine Learning domain and that too for free. Personally, I found the book’s collection very impressive.

Who can read these books? Computer Science students, Web Developers, Mathematicians, Data Science and Machine Learning Enthusiasts/beginners, Software Engineers, Intermediate or Advanced level Data Science, Machine Learning, and Data Science experts etc.
Topics Covered — Right from the mathematics needed to kickstart your Machine Learning journey, Machine Learning basics, useful libraries, hands-on code, real-world examples, Programming in R and python, Deep Learning basics, robotics, and programming languages, etc. all are covered in these books.

2020-10-05 12:24:23.383000+00:00 Read the full story…
Weighted Interest Score: 2.7754, Raw Interest Score: 2.2979,
Positive Sentiment: 0.1702, Negative Sentiment 0.0000

CloudQuant Thoughts: This is pretty cool!

10 Data Science Libraries that make Data Science a Cakewalk in Python!

As the data science community grows, Python is seen dominating the front and center for both development and research. With an active community to back it up and easy open-source packages like Pandas, Tensorflow and Keras, Python has rightfully attracted developers across the globe and established itself as The Language for Data Science.

But, what most beginners miss out on are the lesser-known libraries, their methods, and functions in Python which can make our lives so much easier and our codes so much more efficient.

So here are 10 Data Science libraries that can help you get an edge:

  1. Pandas_ml
  2. Dash
  3. YellowBrick
  4. Dabl
  5. PyCaret
  6. Prophet
  7. PyFlux
  8. Category-encoders
  9. Surprise
  10. FlashText

2020-10-05 10:27:50+00:00 Read the full story…
Weighted Interest Score: 2.9914, Raw Interest Score: 1.7951,
Positive Sentiment: 0.3675, Negative Sentiment 0.2544

As AI chips improve, is TOPS the best way to measure their power?

Once in a while, a young company will claim it has more experience than would be logical — a just-opened law firm might tout 60 years of legal experience, but actually consist of three people who have each practiced law for 20 years. The number “60” catches your eye and summarizes something, yet might leave you wondering whether to prefer one lawyer with 60 years of experience. There’s actually no universally correct answer; your choice should be based on the type of services you’re looking for. A single lawyer might be superb at certain tasks and not great at others, while three lawyers with solid experience could canvas a wider collection of subjects.

If you understand that example, you also understand the challenge of evaluating AI chip performance using “TOPS,” a metric that means trillions of operations per second, or “tera operations per second.” Over the past few years, mobile and laptop chips have grown to include dedicated AI processors, typically measured by TOPS as an abstract measure of capability. Apple’s A14 Bionic brings 11 TOPS of “machine learning performance” to the new iPad Air tablet, while Qualcomm’s smartphone-ready Snapdragon 865 claims a faster AI processing speed of 15 TOPS.

But whether you’re an executive considering the purchase of new AI-capable computers for an enterprise or an end user hoping to understand just how much power your next phone will have, you’re probably wondering what these TOPS numbers really mean. To demystify the concept and put it in some perspective, let’s take a high-level look at the concept of TOPS, as well as some examples of how companies are marketing chips using this metric.

2020-09-30 00:00:00 Read the full story…
Weighted Interest Score: 2.9565, Raw Interest Score: 1.2591,
Positive Sentiment: 0.1252, Negative Sentiment 0.1031

Learn Machine Learning Concepts Interactively

Five freely available tools that intuitively break down the complicated machine learning concepts

How Machine Learning Algorithms work under the hood is an aspect not understood by many. What does a layer of CNN see? How backpropagation works,? How exactly are the weights updated in a layer? These are some of the questions that pop in our minds time and again. These concepts can be particularly overwhelming for the beginners who want to have a hard time in aligning mathematical equations with the theory. The good news is that some people understand this pain and want to provide alternative forms of learning. This article is a compilation of five such tools that go beyond the theory and instead present intuitively explanations of the standard machine learning concepts.

  1. MLaddict.com
  2. Explained Visually
  3. Seeing Theory
  4. R2D3: Statistics and Data Visualization
  5. CNN Explainer

2020-10-04 15:39:02.100000+00:00 Read the full story…
Weighted Interest Score: 8.0831, Raw Interest Score: 2.5404,
Positive Sentiment: 0.2309, Negative Sentiment 0.0000

AI Weekly: Palantir, Twitter, and building public trust into the AI design process

The news cycle this week seemed to grab people by the collar and shake them violently. On Wednesday, Palantir went public. The secretive company with ties to the military, spy agencies, and ICE is reliant on government contracts and intent on racking up more sensitive data and contracts in the U.S. and overseas.

Following a surveillance-as-a-service blitz last week, Amazon introduced Amazon One, which allows touchless biometric scans of people’s palms for Amazon or third-party customers. The company claims palm scans are less invasive than other forms of biometric identifiers like facial recognition.

On Thursday afternoon, in the short break between an out-of-control presidential debate and the revelation that the president and his wife had contracted COVID-19, Twitter shared more details about how it created AI that appears to prefer white faces over black faces. In a blog post, Twitter chief technology officer Parag Agrawal and chief design officer Dantley Davis called failure to publish the bias analysis at the same time as the rollout of the algorithm years ago “an oversight.” The Twitter executives shared additional details about a bias assessment that took place in 2017, and Twitter says it’s working on moving away from the use of saliency algorithms. When the problem initially received attention, Davis said Twitter would consider getting rid of image cropping altogether.

2020-10-02 00:00:00 Read the full story…
Weighted Interest Score: 4.0426, Raw Interest Score: 1.0002,
Positive Sentiment: 0.0638, Negative Sentiment 0.2979

RBC launches ethical AI hub for Canadian firms

Royal Bank of Canada’s artificial intelligence research unit has launched a programme to help promote “ethical AI”.

While most Canadian businesses think that it is important to implement AI in an ethical and responsible way, the vast majority say they face barriers – such as cost, time and lack of understanding – to doing so.

RBC’s Borealis AI unit is hoping to tackle this with its Respect AI online hub, which brings together open source research code, tutorials, academic research and lectures that firms can use.
2020-10-05 00:01:00 Read the full story…
Weighted Interest Score: 5.6982, Raw Interest Score: 2.0063,
Positive Sentiment: 0.1254, Negative Sentiment 0.3762

Amsterdam And Helsinki Launch Open AI Registers

Amsterdam and Helsinki both launched an Open AI Register at the Next Generation Internet Summit. According to sources, these two cities are the first in the world that are aiming to be open and transparent about the use of algorithms and AI in the cities.

Currently, in the beta version, Algorithm Register is an overview of the artificial intelligence systems and algorithms used by the City of Amsterdam. The register is an effort to show where the cities are currently making use of AI and how the algorithms work.

Jan Vapaavuori, Mayor of Helsinki stated, “Helsinki aims to be the city in the world that best capitalises on digitalisation. Digitalisation is strongly associated with the utilisation of artificial intelligence. With the help of artificial intelligence, we can give people in the city better services available anywhere and at any time. In the front rank with the City of Amsterdam, we are proud to tell everyone openly what we use Artificial Intelligence for.”
2020-09-30 06:26:57+00:00 Read the full story…
Weighted Interest Score: 5.6549, Raw Interest Score: 1.5820,
Positive Sentiment: 0.2082, Negative Sentiment 0.0000

Complete Guide to Using AutoSklearn – Tool For Faster Machine Learning Implementations

Automated machine learning algorithms can be a huge time saver especially if the data is huge or the algorithm to be used is a simple classification or regression type problem. One such open-source automation in AutoML was the development of AutoSklearn. We know that the popular sklearn library is very rampantly used for building machine learning models. But with sklearn, it is up to the user to decide the algorithm that has to be used and do the hyperparameter tuning. With autosklearn, all the processes are automated for the benefit of the user. The benefit of this is that along with data preparation and model building, it also learns from models that have been used on similar datasets and can create automatic ensemble models for better accuracy.

In this article, we will see how to make use of autosklearn for classification and regression problems.

2020-10-03 04:30:01+00:00 Read the full story…
Weighted Interest Score: 5.2457, Raw Interest Score: 1.5870,
Positive Sentiment: 0.1570, Negative Sentiment 0.1918

Data Architecture and Artificial Intelligence: How Do They Work Together?

Artificial intelligence (AI) is rapidly gaining ground as core business competency. Today’s machine learning (ML) or deep learning (DL) algorithms promise to revolutionize business models and processes, restructure workforces, and transform data infrastructures to enhance process efficiency and improve decision-making throughout the enterprise. Gone are the days of data silos and manual algorithms.

However, widespread belief by stating that AI’s growth was stunted in the past mainly due to the unavailability of large data sets. Big data changed all that – enabling businesses to take advantage of high-volume and high-velocity data to train AI algorithms for business-process improvements and enhanced decision making.
2020-09-29 07:35:33+00:00 Read the full story…
Weighted Interest Score: 5.0634, Raw Interest Score: 2.4184,
Positive Sentiment: 0.3857, Negative Sentiment 0.1459

Build a fully production ready machine learning app with Python Django, React, and Docker

A complete, step by step guide to building a production-grade machine learning app with Django, PostgreSQL, React, Redux and Docker.

We are going to create a simple machine learning application with Django REST framework, which predicts the species of a sample flower based on measurements of its features i.e. the sepal and petal dimensions — length and width. We have already covered this is in great detail in a previous article. Please familiarize your self with that article. We would use the same Django application here and make some modifications as required. In the previous article, the Django application was connected with a SQLite database. For this article, however, we would use Postgres as our database, as Postgres is better suited for production builds. Django comes packaged with a great admin dashboard. With the admin dashboard, we can register users to our application, who can then interact with our machine learning application to make predictions. Our Django application thus would serve the purpose of our backend and admin tasks.
2020-09-13 00:00:00 Read the full story…
Weighted Interest Score: 4.5161, Raw Interest Score: 1.9355,
Positive Sentiment: 0.6452, Negative Sentiment 0.0000

LinkedIn Open-Sources GDMix, An AI Framework That Trains Efficient Personalisation Models

Recently, developers at LinkedIn open-sourced a deep learning framework known as GDMix. GDMix or Generalised Deep Mixed model is a deep ranking framework to train non-linear fixed effect and random effect models. According to the developers, this type of models is widely used in the personalisation of search as well as recommender systems.

With more than 700 million members, billions of feed updates, and more than thousands of courses to choose from, the professional networking platform is heavily dependent on AI and machine learning techniques. Personalised ranking for search and recommender systems is one of the key technologies to achieve the goal of the best experience possible for the members in LinkedIn.

A fully personalised ranking algorithm includes features like request features, document features, context features and interactive features including a large number of categorical ID features. However, it is most often difficult to train models of this size efficiently.

2020-10-05 12:30:00+00:00 Read the full story…
Weighted Interest Score: 4.4564, Raw Interest Score: 2.6934,
Positive Sentiment: 0.2801, Negative Sentiment 0.0862

BlackLine buys Rimilia to add AI-powered accounts receivable automation to platform

Accounting automation software provider BlackLine has acquired AI-powered accounts receivable outfit Rimilia for $150 million in cash.

UK-based Rimilia provides accounts receivable automation technology that helps firms control cash flow and cash collection in real time. Using AI and machine learning, the SaaS platform simplifies the order-to-cash process by automating both the collection and allocation of customer cash.

American outfit BlackLine says Rimilia strengthens its position with the Office of the Controller by driving end-to-end automation of the cash lifecycle and ensuring greater data integrity.

Marc Huffman, president and COO, BlackLine, says: “With most companies using legacy, repetitive and manual processes to manage their order-to-cash, our customers and partners have long been asking for a solution that will enable better cash and liquidity management. This is especially critical now in these difficult economic times.
2020-10-05 00:01:00 Read the full story…
Weighted Interest Score: 4.3165, Raw Interest Score: 2.9064,
Positive Sentiment: 0.4541, Negative Sentiment 0.1817

Sandbagging AI Might Feint Being Dimwitted, Including For Autonomous Cars

Could AI become smart enough to pretend to be dimwitted, doing so to lull hapless humans into complacency while meanwhile, the AI is plotting to overtake humanity?

Sounds like a farfetched science fiction movie.

To be clear, AI is not yet akin to human intelligence and the odds are that we are a long way distant from the promise of such vaunted capabilities. Those touting the use of Machine Learning (ML) and Deep Learning (DL) are hoping that the advent of ML/DL might be a path toward full AI, though right now ML/DL is mainly a stew of computationally impressive pattern matching and we don’t know if it will scale-up to anything approaching an equivalent of the human brain.

The struggle and earnestness toward achieving full AI is nonetheless still a constant drumbeat of those steeped in AI and the belief is that we will eventually craft or invent a machine-based artificial intelligence made entirely out of software and hardware.

2020-10-01 22:18:18+00:00 Read the full story…
Weighted Interest Score: 4.2757, Raw Interest Score: 1.1443,
Positive Sentiment: 0.1021, Negative Sentiment 0.1988

Air Street Capital: AI industry remains strong despite academic brain drain, tech nationalization

London-based venture capital firm Air Street Capital today published the State of AI Report 2020, its third annual survey canvassing research, talent, industrial, and political trends in the field of AI. Coauthored by University College London visiting professor Ian Hogarth and AI investor Nathan Benaich, the report aims to highlight technological breakthroughs and areas of commercial application for AI as well as the regulation of AI, its economic implications, and emerging geopolitical issues.

Among other findings, this year’s report implies AI remains mostly closed source, harming accountability and reproducibility, while corporate-driven academic “brain drain” appears to be impacting entrepreneurship. Self-driving cars are in the Precambrian stages. And political leaders are beginning to question whether acquisitions of AI startups should be scrutinized or outright blocked.
2020-10-01 00:00:00 Read the full story…
Weighted Interest Score: 4.1808, Raw Interest Score: 1.7461,
Positive Sentiment: 0.2034, Negative Sentiment 0.3051

PyTorch Upgrades to Cloud TPUs, Links to R

A version of the PyTorch machine learning framework that incorporates a deep learning compiler to connect the Python package to cloud Tensor processors (TPUs) is now available on Google Cloud, the public cloud vendor and PyTorch co-developer Facebook announced.

The general availability on PyTorch/XLA means users can access cloud TPU accelerators via a stable integration, the companies said Tuesday (Sept. 29).

Separately, promoters of the programming language R released a package that allows developers to use “PyTorch functionality natively from R.” The new tool, dubbed “Torch for R,” requires no Python installation.

Meanwhile, Facebook and Google said PyTorch/XLA combines the machine learning library’s APIs with XLA’s linear algebra compiler that targets CPUs, GPUS and, now, cloud TPUs. While running on most standard Python programs, PyTorch/XLA defaults to CPUs for operations not yet supported on Tensor processors.

2020-09-29 00:00:00 Read the full story…
Weighted Interest Score: 3.9629, Raw Interest Score: 2.5381,
Positive Sentiment: 0.2538, Negative Sentiment 0.0846

Build The Next Best Code Curator With MachineHack’s New Hackathon

“Can you come up with an algorithm that can predict the bugs, features, and questions based on GitHub titles?”

n average smartphone OS contains more than 10 million lines of code. A million lines of code take 18000 pages to print which is equal to Tolstoy’s War and Peace put together 14 times! There is always a simpler, shorter version of the code along with a longer more exhaustive version.

The number of tools, languages, techniques, and applications that the machine learning ecosystem has nurtured can be overwhelming to a developer. What can be even more daunting is saving the code from going stale. The hidden technical debts within a pipeline can make the product dysfunctional. So, what if there is a tool that does this job for us; to serve us with clean code and answer all your queries?

If you are one of those ML fanatics who think that this can be done and should be done then you should definitely check out this new hackathon brought to you by MachineHack in association with Embold.

2020-09-28 04:30:36+00:00 Read the full story…
Weighted Interest Score: 3.7050, Raw Interest Score: 1.8202,
Positive Sentiment: 0.2184, Negative Sentiment 0.3640

A Simple Explanation of K-Means Clustering and its Adavantages

K-means clustering is a very famous and powerful unsupervised machine learning algorithm. It is used to solve many complex unsupervised machine learning problems. Before we start let’s take a look at the points which we are going to understand.

Let us understand the K-means clustering algorithm with its simple definition. A K-means clustering algorithm tries to group similar items in the form of clusters. The number of groups is represented by K.

Let’s take an example. Suppose you went to a vegetable shop to buy some vegetables. There you will see different kinds of vegetables. The one thing you will notice there that the vegetables will be arranged in a group of their types. Like all the carrots will be kept in one place, potatoes will be kept with their kinds and so on. If you will notice here then you will find that they are forming a group or cluster, where each of the vegetables is kept within their kind of group forming the clusters.

2020-10-04 09:26:59+00:00 Read the full story…
Weighted Interest Score: 3.3501, Raw Interest Score: 1.1275,
Positive Sentiment: 0.1524, Negative Sentiment 0.1067

Would you trust Amazon to be your personal AI stylist?

Fashion technology start-ups mix human stylists with AI to come up with style suggestions for their customers

The concept of paying for the privilege of buying clothes which are likely to have been selected for you by an algorithm working with a human stylist can seem strange. But a large part of the appeal comes from the lack of access which many people have to any kind of style advice.

We all like to think we have style. Whether it’s a trademark hoodie or sharp suit, the way we dress is supposed to be a reflection of our personalities. With an explosion in online fashion retailers, however, finding the perfect outfit can prove to be a bewildering task. …
2020-09-30 00:00:00 Read the full story…
Weighted Interest Score: 3.3215, Raw Interest Score: 1.1872,
Positive Sentiment: 0.1979, Negative Sentiment 0.0791

Confusion Matrix is No More a Confusion

After we have trained our model and have predicted the outcomes, we need to evaluate the model’s performance. And here comes our Confusion Matrix. But before diving into what is a confusion matrix and how it evaluates the model’s performance, let’s have a look into the picture below.

What is the Confusion Matrix?

2020-10-05 09:35:00+00:00 Read the full story…
Weighted Interest Score: 3.2317, Raw Interest Score: 1.1935,
Positive Sentiment: 0.2387, Negative Sentiment 0.7161

Ideal Prediction adds two to advisory board

Ideal Prediction (Ideal), a trading analysis and data science company for the capital markets, has appointed Jonathan Fieldman and Geoff Jones to its Advisory Board.

Fieldman says: “Having spent the past 16 years at Broadway Technology leading the transformation of FICC electronic trading, I have witnessed the need for increased assurance and attestation to ethical behaviour. With its leadership, depth of knowledge, and proven financial analytics solutions, Ideal Prediction is perfectly positioned to lead the evolution of the supervisory function and first line of defence.”

2020-10-01 00:00:00 Read the full story…
Weighted Interest Score: 3.1935, Raw Interest Score: 1.6206,
Positive Sentiment: 0.7150, Negative Sentiment 0.0000

Ideal Prediction Expands Board with New Advisors

Executives join from Broadway Technology and RBC Capital Markets

Ideal Prediction (Ideal), the independent trading analysis and data science company for capital markets, has expanded its advisory Board with new members Jonathan Fieldman and Geoff Jones, according to a company press release. The new advisors previously held executive positions at RBC Capital Markets and Broadway Technology.

Ideal won FX Market’s e-FX Award for ‘Best Surveillance Provider’ in 2019 and 2020 and provides banks and regulators with analysis or raw transact…
2020-10-01 15:08:14+00:00 Read the full story…
Weighted Interest Score: 3.0629, Raw Interest Score: 1.5315,
Positive Sentiment: 0.6623, Negative Sentiment 0.0414

The Origin Story and Impact of Neural Networks in Data Science

Neural networks are ubiquitous right now. Organizations are splurging money on hardware and talent to ensure they can build the most complex neural networks and bring out the best deep learning solutions.

Although Deep Learning is a fairly old subset of machine learning, it didn’t get its due recognition until the early 2010s. Today, it has taken the world by storm and captured public attention in a way that very few algorithms have managed to accomplish.

In this article, I wanted to take a slightly different approach to neural networks and understand how they came to be. This is the story of the origin of neural networks!

2020-09-29 09:55:29+00:00 Read the full story…
Weighted Interest Score: 3.1924, Raw Interest Score: 1.8221,
Positive Sentiment: 0.2680, Negative Sentiment 0.0715

How Money Laundering Concerns Require New AI Monitoring Solutions

Artificial intelligence has created a number of amazing opportunities for the financial sector. The benefits of AI are endless. Financial institutions are using AI to enhance decision-making, improve customer service, project customer needs and much more.

We have talked about the benefits of using big data and AI to improve cybersecurity. But there are other processes that could be equally important for financial institutions.

AI can solve some pressing challenges that financial institutions can’t afford to overlook. This includes the growing threat of money laundering.
2020-09-27 20:43:23+00:00 Read the full story…
Weighted Interest Score: 3.1689, Raw Interest Score: 1.6142,
Positive Sentiment: 0.1932, Negative Sentiment 0.8002

Learning Graph Databases Just Got a Whole Lot Easier

Graph databases are the fastest growing database technology, representing a departure from the relational and NoSQL models – a departure that is inherently worthwhile.

Graph Databases For Dummies, Neo4j Special Edition, a new book by Dr. Jim Webber, Neo4j Chief Scientist, and Rik Van Bruggen, Neo4j Regional Vice President, is all about getting started with graph databases. This book walks readers through modeling, querying and importing graph data, all the way through to their first production system.

This article extracts some main highlights of Chapter 1 of the book – the fundamental graph database building blocks.

2020-10-05 00:00:00 Read the full story…
Weighted Interest Score: 3.1507, Raw Interest Score: 1.9313,
Positive Sentiment: 0.1704, Negative Sentiment 0.0852

Common Feature Selection Filter Based Techniques in Python!

As a programmer who is engaged in the field of AI and Machine Learning related activities, it is very important for him/her to perform AI-related stuff most efficiently. The efficient way here in this context means that he/she should be well capable of getting the best predictive analysis result when feeding it to the Machine learning model and to achieve this efficiency many preprocessing steps are required before the prediction to be made.

These preprocessing steps are data handling, manipulations, creation of features, updating the features, normalizing data, etc. From all these preprocessing steps present out there one of the main steps is to do the feature selection. As we know that Machine learning is an iterative process in which the machine tries to learn based on the historical data we are feeding to it and then makes predictions based on the same.

2020-10-05 10:01:24+00:00 Read the full story…
Weighted Interest Score: 3.0521, Raw Interest Score: 1.7362,
Positive Sentiment: 0.2993, Negative Sentiment 0.2195

IBM and Fenergo join forces to speed customer onboarding

IBM (NYSE: IBM) and Fenergo, a leading provider of client lifecycle management (CLM) solutions for financial institutions, today announced the general availability of IBM Customer Lifecycle Management (CLM) with Fenergo.

The offering is designed to incorporate artificial intelligence (AI) from IBM Watson and analytics on the IBM Cloud to help financial institutions drive efficiencies in customer onboarding through improved personalization, risk assessment and regulatory compliance.
2020-10-05 13:29:00 Read the full story…
Weighted Interest Score: 2.9522, Raw Interest Score: 1.7478,
Positive Sentiment: 0.5202, Negative Sentiment 0.1665

TIBCO reveals ‘Hyperconverged Analytics’ to speed up data insights

Enterprise data company TIBCO Software has announced a “disruptive approach to analytics” with TIBCO Hyperconverged Analytics, a real-time analytics service the company says reduces the time between business events and insights.

TIBCO says its approach empowers its customers to connect, unify, and confidently predict business outcomes, solving the world’s most complex data-driven challenges.

As part of the Hyperconverged Analytics experience, the company also unveiled TIBCO Spotfire 11 and TIBCO Cloud Data Streams, which dramatically accelerate insights and actions for businesses.
2020-10-01 04:00:20+00:00 Read the full story…
Weighted Interest Score: 2.9130, Raw Interest Score: 1.7820,
Positive Sentiment: 0.1714, Negative Sentiment 0.0685

Ask HBR: Data Science and the Art of Persuasion

Despite significant investments to hire talented data scientists, many companies are disappointed with their results.

The problem, says author and data visualization expert, Scott Berinato, is that most data scientists are trained to ask smart questions, wrangle the relevant data, and uncover insights. But few data scientists are skilled at effectively communicating what those insights mean for the business. How can companies get greater value from their data science teams?

On September 29th, Berinato will join the next Ask HBR webinar and will share insights from his recent HBR article, Data Science and the Art of Persuasion. Berinato will discuss what data science teams need to do to achieve greater success and will answer questions around the kinds of talents data science teams need.

2020-09-29 04:00:00+00:00 Read the full story…
Weighted Interest Score: 2.9046, Raw Interest Score: 1.5214,
Positive Sentiment: 0.4841, Negative Sentiment 0.4841

Three Necessities for a Modern Analytics Ecosystem (Webinar)

Now, more than ever, enterprises need speed, agility, and insight to navigate today’s rapidly-changing business environments. Fast, actionable intelligence is a universal goal. However, making the right data available to the right people at the right time is an ongoing challenge. To cover the full spectrum of enterprise data — and the diverse needs of enterprise data users — traditional data warehousing and analytics systems need to be reexamined.

  1. A Public Cloud Strategy: Public clouds enable a new era of application and data management while freeing companies from costly infrastructure administration and resource constraints necessary for data warehouses to reach their full potential.
  2. An Integrated Data and Analytics Ecosystem: Modernizing the analytics ecosystem may begin with cloud data lakes or data science teams, but it is necessary to have a data warehouse within the cloud environment for integrated and defined data hubs and subject areas to draw upon.
  3. A Streaming Data-First Strategy: Embracing a paradigm whereby all data flows in streams resets the common denominator for all analytics applications to leverage easily and faster.

2020-10-15 00:00:00 Read the full story…
Weighted Interest Score: 2.9044, Raw Interest Score: 1.5523,
Positive Sentiment: 0.3005, Negative Sentiment 0.2003

Most Used Loss Functions To Optimize Machine Learning Algorithms

his article gives us a brief overview of the most used loss functions to optimize machine learning algorithms. We all use machine learning algorithms to solve various complex problems and select them based on the loss function value and evaluation metrics. But do we know that we are selecting the correct loss function for our algorithm? If not, then let’s find out.

Mainly the loss functions are divided into three categories:

  1. Regression loss functions
    • Mean Squared Error
    • Mean Squared Logarithmic Error
    • Mean Absolute Error
    • Binary classification loss functions
    • Binary Cross Entropy
  2. Hinge Loss
    1. Squared Hinge Loss
    2. Multi-class classification loss functions
  3. Multi-class cross entropy
    • Sparse multi-class cross entropy
    • Kullback Leibler divergence loss

2020-10-05 10:30:52+00:00 Read the full story…
Weighted Interest Score: 2.9030, Raw Interest Score: 1.6957,
Positive Sentiment: 0.1622, Negative Sentiment 1.1501

AI of Growing Importance to Gaming (Gambling) Industry

Operators of casinos and online games are incorporating AI in efforts ranging from maximizing profits to helping problem gamblers.

The gaming industry is technically savvy, having integrated automation into its operations to gain efficiencies and offer conveniences to customers. Now AI is being applied to casinos and the gambling industry, in-person and online, enabling more advances such as allowing multiple users to play the same game at the same time from different locations.

Other advantages include ability to track compliance with online gambling regulations, collection of data on gambling preferences to enable predictions and deliver customized service to customers, according to a recent account in LA Progressive.

It might be difficult for operators to enhance the customer experience without the use of AI in the future, suggested a speaker at SBC Summit Barcelona – Digital, the Global Betting & Gaming Show, usually held in Barcelona but held online recently.

2020-10-01 22:41:19+00:00 Read the full story…
Weighted Interest Score: 2.7230, Raw Interest Score: 1.2533,
Positive Sentiment: 0.3244, Negative Sentiment 0.2359

New Product Opportunities Seen by AI; Some Follow Pandemic Disruptions

AI is helping companies identify new product opportunities by searching through mountains of data quickly to find patterns that can be analyzed for new product and service opportunities; by iterating new product or service concepts through trial and error virtually, simulating consumer response in a fraction of the time and at a lower cost than real-world testing; and by predicting demand for product offerings and adaptations for local markets by analyzing search and purchase patterns in each geography.

These insights are contained in a recent account in Forbes written by Michelle Greenwald, CEO of Catalyzing Information, described as an “innovation hub.” She has worked in marketing capacities at many companies including Disney, Pepsi, Nestle, J. Walter Thompson and General Foods. She has also taught marketing courses at many colleges including Wharton, Columbia and NYU Stern.

She has identified examples of how AI is being used in product development.

2020-10-01 22:45:22+00:00 Read the full story…
Weighted Interest Score: 2.6824, Raw Interest Score: 1.3427,
Positive Sentiment: 0.3197, Negative Sentiment 0.1758

Are We a $1B Investment Away from General AI?

As most anyone following AI knows, the R&D company OpenAI recently released a paper on GPT-3, its third-generation language model which, at 175 billion parameters, has the claim to fame of being about an order of magnitude larger than any language model that came before it.

Currently available in private beta to select developers, GPT-3 has shown that it can generate everything from believable short stories, rap songs, and press releases to HTML code for creating web page layouts, all with minimal inputs or prompts. This is a very big deal.

Until now, the most advanced language models include Google’s BERT, Microsoft’s Turing Natural Language Generation, and GPT-3’s predecessor GPT-2, which can do things like complete sentences in a natural-sounding way, suggest short replies to email messages, offer answers to basic questions, and generate text that seems like it could be written by a human. While impressive, oftentimes, these models also generate clunky or absurd results, giving skeptics reason to believe that we’re still a very long way from machines being able to approximate human-level language capabilities.

2020-10-02 07:30:56+00:00 Read the full story…
Weighted Interest Score: 2.6767, Raw Interest Score: 1.5684,
Positive Sentiment: 0.1882, Negative Sentiment 0.1673

AI Is A Double-Edged Sword In Phishing

Every day, on average, 56 million phishing emails are sent, and it takes just 82 seconds for a person to be victimised by such attacks. Phishing is one of the oldest yet effective forms of a cybersecurity threat. Over time it has graduated from scamming emails from a Nigerian prince to more sophisticated and sly techniques, such as Distributed Spam Distraction, polymorphic attacks, and visual similarity attack.

Artificial intelligence has played a great role in thwarting attacks of such nature. Let us look at a few such examples.

2020-10-04 07:30:17+00:00 Read the full story…
Weighted Interest Score: 2.5779, Raw Interest Score: 1.1187,
Positive Sentiment: 0.2693, Negative Sentiment 0.5594


This news clip post is produced algorithmically based upon CloudQuant’s list of sites and focus items we find interesting. We used natural language processing (NLP) to determine an interest score, and to calculate the sentiment of the linked article using the Loughran and McDonald Sentiment Word Lists.

If you would like to add your blog or website to our search crawler, please email customer_success@cloudquant.com. We welcome all contributors.

This news clip and any CloudQuant comment is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation regarding a course of action. This information is provided with the understanding that CloudQuant is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation. You are responsible to make your own independent decision with respect to any course of action based on the content of this post.

The post AI & Machine Learning News. 05, October 2020 appeared first on CloudQuant.

CloudQuant Liberator – New Release 2016.10.06

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CloudQuant Liberator

New Release 2016.10.06

CloudQuant Increases Liberator’s Speed & Reach

CloudQuant today rolled out a major update to their industry leading Liberator/Rosetta APIs.

This technical release provides Improved Performance, Error Feedback, and Column Level Filtering to the increasing number of CloudQuant clients using our external API, as well as providing a boost to CloudQuant’s research tools – CQ AI, CQ Mariner, and CQ Explorer.

Our API enables external users to seamlessly integrate Liberator’s Power and Speed into their own environments. CloudQuant’s Liberator and suite of Technological Products dramatically cut the time from data acquisition to profit!

Column level filtering allows Liberator users to choose the specific columns they want Liberator to return, rather than returning all columns in a dataset. This can be particularly helpful with extremely large datasets. In all use cases, focusing on just the data you want increases speed across the board and can dramatically reduce memory usage.

About Liberator

Liberator and Rosetta are at the heart of the CloudQuant Data Fabric. Rosetta handles symbology translation and all mapping duties utilizing the latest in Machine Learning and Fuzzy Logic. Liberator delivers data to our external customers and trading partners as well as our suite of technology products (CQ AI, CQ Mariner, and CQ Explorer), via simple, powerful, user friendly code. Often just a single line of python code is all a user needs to fetch all the data they require. Liberator enables our external users with their own environments to access our enormous range of alternative and market data in addition to their their own data sources.

About CloudQuant

CloudQuant’s technology and team bring together structured and unstructured data across diverse classes enabling investors to rapidly move from raw data to profit.

Providing datasets, visualization tools, backtesters, and AI research environments for institutional investors, portfolio managers, quants, and more, CloudQuant’s services and APIs can easily be integrated into existing technologies.

CloudQuant is a FINTECH firm established to provide alternative data redistribution, for vendors and institutional investors, in a powerful, user-friendly, unique “try-before-you-buy”, managed environment.

www.cloudquant.com

Twitter: @CloudQuant

For Media Inquiries Please Contact:

Tayloe Draughon, Senior Product Manager

tdraughon@CloudQuant.com

For information on what CloudQuant’s data sets and technology can do for your company either…

Email Sales@CloudQuant.com,

Make an appointment to speak to a CloudQuant Representative,

Or fill in the form on the right to be contacted back by a CloudQuant Representative.

See also our Data Catalog and our Repository of White Papers.

The post CloudQuant Liberator – New Release 2016.10.06 appeared first on CloudQuant.

Alternative Data News. 07, October 2020

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Alternative Data News. 07, October 2020

Alternative Data Newsletter

Finding sources and uses for alternative data can be difficult. At CloudQuant we regularly read and search the internet for new sources of data that can be used in our mission to find alpha signals and build quantitative trading strategies. We recognize that we are technology and data junkies so we wrote our own crawler that specifically seeks out web pages, posts, and news articles that give us a snapshot of what is going on in the world of Alt Data. The following is a collection of articles that we think you will find interesting from the past week.


Manchester United is one of the only publicly traded sports organizations.
Here is how their performance on the pitch correlates with their performance in the stock market.

Data Source: Yahoo FinancePremier League Results
Tools: Python

I run an investment data site, and I made this visualization as part of my analysis of $MANU.

I also track companies’ Twitter followers and Manchester United has the 4th most followers out of all publicly traded companies.

Note: Here’s a description of Elo Rating for those who are unfamiliar

Almost all sports teams are privately held. Manchester United is a rare exception in that you can buy stock in the organization through the ticker $MANU. Your returns on that stock would obviously be based on the team’s financial success, but financial success is clearly at least somewhat dependent on how the team is playing.

Today, Manchester United suffered an embarrassing 1-6 defeat at the hand of the Tottenham Hotspurs. We’ll need to wait till markets open on Monday to see the effect this has on the organization’s stock, but we can look at history to get an indication of how the market will react. The last time Manchester United lost to the Spurs at home, their stock dropped almost 20% over the next week.

2020-10-04 00:00:00 Read the full story…

CloudQuant Thoughts : Another very nice DataIsBeautiful post by user u/pdwp90​ who is one of the creative people behind QuiverQuant. “…the Tottenham Hotspurs”! oh you Americans!

CloudQuant Increases Liberator’s Speed & Reach

CloudQuant today rolled out a major update to their industry leading Liberator/Rosetta APIs.

This technical release provides Improved Performance, Error Feedback, and Column Level Filtering to the increasing number of CloudQuant clients using our external API, as well as providing a boost to CloudQuant’s research tools – CQ AI, CQ Mariner, and CQ Explorer.

Our API enables external users to seamlessly integrate Liberator’s Power and Speed into their own environments. CloudQuant’s Liberator and suite of Technological Products dramatically cut the time from data acquisition to profit!

2020-10-04 00:00:00 Read the full story…

CloudQuant Thoughts : Our Liberator API is at the center of our Data Fabric, it provides data to all of our clients and all of our products. As such we are constantly improving it. Liberator’s ability to deliver precise Alternative Data into any user’s platform in a simple and clear manner is a major driver of our goal of dramatically cutting the time it takes to go from Raw Data to Profit. Liberator has also qualified for a Benzinga Award Nomination!

Use Data Empathy to Become a Better Data Scientist

The context of data matters for the success of your data projects

Winston Churchill once said: “I only believe in statistics that I doctored myself”. While this may be an extreme statement, the general idea is true. Data can be — intentionally or not — presented in a way to support arguments that do not reflect reality or the underlying data.The second step of the CRISP-DM model is Data Understanding. This step entails collecting, describing, and exploring data as well as identifying data quality problems. This rough outline of understanding data is useful. But it falls short of naming an important dimension: data empathy.
Descriptions of what data scientists do often focus on hard skills and technical domains. This is in line with the Venn diagram of data science. Data scientists are guided by their domain expertise. With the help of statistical and machine learning models and programming tools, they extract knowledge from data. But often overlooked soft skills — such as communication skills, skepticism, and particularly empathy— play a crucial role in achieving successful data science projects and becoming a better data scientist.
2020-10-07 07:42:50.734000+00:00 Read the full story…
Weighted Interest Score: 3.7077, Raw Interest Score: 1.6278,
Positive Sentiment: 0.2035, Negative Sentiment 0.2513

CloudQuant Thoughts : Officially “Data Empathy” is simply understanding the story of a dataset. But it is much wider than this, experience of many datasets combined with your experience of the world will create a unique view of any dataset. Data Empathy can not only help you extract more value from a dataset but can also allow you to create new datasets from old!

On Some Measures, Inflation Is Already Above 2.5%”: Inflationary Lessons From The Used Car Market

“In July and August combined, used-car prices soared by 7.7%”

…on the supply side the two month shutdown in auto production has created a shortage of new cars that spilled over into the used market. In addition, the weak economy is encouraging car owners to delay trading up into a new car. Meanwhile, on the demand side, the COVID crisis has caused people to shy away from public transportation and ride services. These supply and demand shifts have more than offset the increase in supply from rental car companies selling some of their fleet.

As a result, used cars are impacting both inflation and real activity: in July and August combined, used-car prices soared by 7.7%, the biggest two-month increase since 1969. And since used cars and trucks make up 2.75% of the CPI basket, this surge alone has added 0.2% to the overall index, which as BofA notes, is “a lot when inflation is this low.”

2020-10-07 00:00:00 Read the full story…

CloudQuant Thoughts : It would have been extremely difficult to predict how Covid would squeeze the used market from three sides at once.

With Data Sharing, The Whole Is Greater Than The Sum Of Its Parts

“Mine! Mine! Mine!” Remember the seagulls in the movie “Finding Nemo?” Each one was claiming ownership. Isn’t that so last decade? Regarding data, it fortunately is. There remain some holdouts, of course. But we’re seeing a growing number of firms share their data with partners and customers. And we expect to see the trend accelerate.

Demand For External Data Accelerates : Decision-makers have been telling us for years that their own data can only get them so far. According to the Forrester Analytics Business Technographics® Data And Analytics Survey, 2020, 70% of firms prioritize expanding their ability to source external data. Another 17% say they plan to do so in the next 12 months. That’s up significantly from just a few years ago. As the chief data officer at Flagstar Bank told us, “With our own data, we can only look internally. We need to see industry benchmarks, regional trends, and what waves we can ride on.” Flagstar Bank uses external data to get a more complete view of their customers to reduce churn and to more accurately predict risk to improve their lending practices.
2020-10-05 12:50:47-04:00 Read the full story…
Weighted Interest Score: 3.1119, Raw Interest Score: 1.5980,
Positive Sentiment: 0.0841, Negative Sentiment 0.0421

CloudQuant Thoughts : If you are looking for alternative data or have data that you would like to market to the financial industry, CloudQuant is here to help. Visit our data catalog to see how we are making it easier for Data Consumers to find Alternative Data or fill out the form to the right to have one of our Team contact you to discuss your needs.


ESG Section

CloudQuant also has Alternative Datasets available via its Data Catalog including an ESG dataset with White Paper analysis and Python Code to reproduce the findings.

A clean energy company now has a market cap rivaling ExxonMobil

The news last week that U.S. utility and renewable energy company NextEra Energy briefly overtook ExxonMobil and Saudi Aramco to become the world’s most valuable energy producer shows just how valuable sustainable businesses have become. It’s yet another proof point that there are billions of dollars available for companies focused on renewable energy alone — and a sign that, finally, the floodgates may be about to open for companies that build their businesses to service a sustainability revolution.

Large money managers are already returning to investing in earlier-stage sustainability investments after an extended hiatus. These are institutional investors like the Canadian Pension Plan Investment Board and Caisse de dépôt et placement du Québec, which could commit billions between them to technologies focused on mitigating the impacts of climate change or reducing greenhouse gas emissions across industries. The flood of dollars into renewable energy and sustainable technologies actually began in the first quarter of the year.

2020-10-06 00:00:00 Read the full story…
Weighted Interest Score: 2.3349, Raw Interest Score: 1.3855,
Positive Sentiment: 0.1953, Negative Sentiment 0.2046

CloudQuant Thoughts : This should not be a surprise and it is only a matter of time before the oil companies are overtaken by renewable energy companies and they know it. That is why they are expanding into the renewable energy market as fast as they can!

Broadridge Research: Active Asset Managers Can Meet Rising Demand with New ESG Solutions

ESG assets in the US expected to reach $300 billion by Q4 2021. Investor interest shifts to best-in-class, thematic and outcome-oriented strategies.

A new report from Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, reveals a growing investor demand for active managers to introduce new environmental, social and governance (ESG) funds to the market. In the U.S., net flows to long-term responsible funds quadrupled in 2019 to $20 billion, from $5 billion in 2018, and continued to grow during the first half of 2020 to reach $21 billion. A majority (68%) of ESG assets in the U.S. are now in actively managed funds.

Changes in the makeup of the ESG market over the last five years have important implications for asset manager strategies. Since 2015, best-in-class/positive screening, sustainability/thematic and integration/engagement funds have all increased their share within the market. In the same time period, exclusions-based funds have dropped from 36% to 7% of the market. Impact investing funds have remained consistent, at 10% share in 2015 and 8% share in 2020. Similar shifts are occurring within the U.S. market.
2020-09-30 00:00:00 Read the full story…
Weighted Interest Score: 3.8766, Raw Interest Score: 1.8291,
Positive Sentiment: 0.1911, Negative Sentiment 0.0546

ESG Investing Boom Is Bullish For Cleantech

The coronavirus pandemic and devastating forest fires has sparked an uptick in demand for Environmental, Social and Governance (ESG) investment strategies, which will accelerate the commercial adoption of more sustainable clean technologies.

The trend toward sustainable investing was already underway prior to the pandemic. According to a report from Morningstar, U.S. assets in sustainable index funds have quadrupled since 2017 and now account for 20% of the total. Analysts have provided a multitude of reasons, from the adoption of the UN’s Sustainable Development Goals by asset managers to the generational wealth transfer from baby boomers to millennial and Gen X.

What surprised many investors, however, is that ESG funds performed well relative to non-ESG funds during the market correction in mid-March. Fidelity reported that stocks with a better ESG rating still fell between February 19 and March 26, but outperformed the benchmark.

2020-10-01 00:00:00 Read the full story…
Weighted Interest Score: 2.4943, Raw Interest Score: 1.3747,
Positive Sentiment: 0.2834, Negative Sentiment 0.1984

XBRL News: Reshaping ESG / sustainability reporting now

Here is our pick of the 3 most important XBRL news stories this week. They’re not narrowly about XBRL, yet – but will be when the development comes to maturity.

Long-time readers of this newsletter will know that one of the major issues holding sustainability reporting back has been the excessive proliferation of confusing and sometimes overlapping disclosure frameworks. As such, the recent news that five major disclosure frameworks are collabor…
2020-10-01 00:00:00 Read the full story…
Weighted Interest Score: 2.4308, Raw Interest Score: 1.1967,
Positive Sentiment: 0.1496, Negative Sentiment 0.1870


GTCOM-US to Provide APAC Alt Data on Bloomberg

GTCOM Technology Corporation (GTCOM-US), a leading alternative data fintech firm providing firms with smarter insights into China, today announces a new project with Bloomberg Enterprise Access Point. GTCOM-US will be the first Asia-pacific alternative data provider on Bloomberg’s alternative data catalogue , and will be providing sentiment data derived from its proprietary big data engine, giving Bloomberg Data License clients unique access to sentiment data from China to help drive alpha within their trading strategies.

The sentiment analysis of 5 popular buckets, including Global Luxury Brands, the Technology Media Telecom Sector, as well as a Russell US 3000 Aggregate category will be updated daily on Enterprise Access Point. GTCOM-US’s data is derived from its advanced Natural Language Processing (NLP) and machine learning technology, which enables GTCOM-US to process multilingual data.
2020-10-01 00:00:00 Read the full story (Hedgeweek)…
2020-10-01 00:00:00 Read the full story(AnalyticsIndiaMag)…

New Data Gravity Study Shows the Massive Scale of Big Data in 2024

Global data is quickly becoming unwieldy. As massive stores of data build up in various industries and enterprises, the various structures surrounding that data grow – often overburdening insufficient infrastructure. A new report from real estate investment trust Digital Reality puts numbers to this trend by introducing an index for “data gravity”: the phenomenon whereby the steady accumulation of data “pulls” more and more applications and services into its orbit.

“Understanding data gravity and its impact on our IT infrastructure is a difference-maker for our operations and will only become more important as data continues to serve as the currency of the digital economy,” said Munu Gandhi, vice president of core infrastructure services at Aon, a professional services firm that places 485th on the Forbes Global 2000. “As enterprises become more data-intensive, there’s a compounding effect on business points of presence, regulatory oversight and increased complexity for compliance and data privacy that IT leaders are now being forced to solve.”

From August 2019 to August 2020, Digital Realty pored over third-party data from the World Economic Forum, the United Nations, market research firms, and others to understand trends in data gravity. They factored in firm-level data (like revenue and location), technographic data (like IT spend and network traffic), and industry benchmarks (like data creation rates and growth rates).

2020-09-30 00:00:00 Read the full story…

First ETF to Track ‘Blank Check’ Companies Launches: Portfolio Products

Defiance ETFs has launched the first exchange-traded fund that tracks special purpose acquisition companies (SPACs), which are shell companies that have no operations and raise capital through initial public offerings for the sole purpose of acquiring one or more companies with existing operations. SPACs are also known as “blank check” companies.

They have been around for decades but are having a record-breaking year in 2020, raising over $41 billion, according to Bloomberg.

2020-10-05 00:00:00 Read the full story…
Weighted Interest Score: 5.4934, Raw Interest Score: 2.3337,
Positive Sentiment: 0.0207, Negative Sentiment 0.1239

Broadridge’s LTX Trading Platform Tabs 7 Chord for Pricing

Broadridge’s AI-driven Corporate Bond Trading Platform LTX® Selects 7 Chord as Third-Party Pricing Provider. Platform offers greater insights into pre-trade liquidity.

BondDroid’s AI-generated prices are integrated directly into LTX’s pre-trade analytical tools, giving dealers and institutional investors a complete view into actual market liquidity before they trade, while controlling information leakage and at no additional cost to LTX users.

“The LTX platform empowers dealers and institutional investors to better connect and trade corporate bonds digitally using AI that offers greater insights into pre-trade price transparency and liquidity,” said Vijay Mayadas, President, Capital Markets at Broadridge. “BondDroid’s AI provides our clients with a more reliable baseline to measure the quality of execution they achieved through our digital trading protocol, RFX®.”

2020-10-06 08:18:41+00:00 Read the full story…
Weighted Interest Score: 5.3282, Raw Interest Score: 2.4735,
Positive Sentiment: 0.3534, Negative Sentiment 0.0000

Artificial Intelligence meets market volatility: Swiss tech firm opens hedge fund

“The crisis is a good mean for revealing the relevancy of a successful investment strategy” says Vestun’s CEO as it opens its AI hedge fund to external retail investors. Vestun, a Swiss-based financial and technology company has now opened the launch of its hedge fund to new outside investors.

The firm which until now has been only managing its own capital announced that its investment vehicle will open to institutional investments including banks, multi-family offices and asset managers within certain jurisdiction.

The company flagship strategy trades liquid US equities systematically. The strategy is designed to autonomously adapts its portfolio and risk exposure dynamically to the prevailing market conditions. In contrast to traditional systematic strategies, Vestun’s approach does not rely on statistical rules and historical events to generate signals. Instead, the strategy aggregate domain specific intelligence with datasets that individually perform in their own economics while remaining uncorrelated against each other.

2020-10-07 14:36:23+03:00 Read the full story…
Weighted Interest Score: 5.0186, Raw Interest Score: 2.1283,
Positive Sentiment: 0.3739, Negative Sentiment 0.2301

FTSE Russell’s Chinese government bond move heralds fresh opportunities for hedge fund investors

FTSE Russell’s decision to include Chinese sovereign bonds in its flagship government bond index could offer hedge fund investors fresh alpha-generating and AUM-raising opportunities amid a wave of overseas capital inflows into the market.

FTSE Russell said last month it intends to include Chinese sovereign bonds into its flagship World Government Bond Index from next year.

The inclusion – which follows similar moves by Bloomberg Barclays and JP Morgan Chase, the other two main index compilers – tees up a range of investment opportunities for several hedge fund strategy types, industry observers said.

2020-10-01 00:00:00 Read the full story…
Weighted Interest Score: 3.9806, Raw Interest Score: 2.0305,
Positive Sentiment: 0.1692, Negative Sentiment 0.0967

Ideal Prediction Expands Board with New Advisors

Executives join from Broadway Technology and RBC Capital Markets

Ideal Prediction (Ideal), the independent trading analysis and data science company for capital markets, has expanded its advisory Board with new members Jonathan Fieldman and Geoff Jones, according to a company press release. The new advisors previously held executive positions at RBC Capital Markets and Broadway Technology.

Ideal won FX Market’s e-FX Award for ‘Best Surveillance Provider’ in 2019 and 2020 and provides banks and regulators with analysis or raw transaction data. Trading firms, ECNs, and technology vendors use the firm’s services analytics to generate evidence and immediately resolve issues as they arise.
2020-10-01 15:08:14+00:00 Read the full story…
Weighted Interest Score: 3.0629, Raw Interest Score: 1.5315,
Positive Sentiment: 0.6623, Negative Sentiment 0.0414

Tableau integrates with Salesforce’s Einstein Analytics, now called Tableau CRM

Tableau announced that it is combining its software with Salesforce’s Einstein Analytics arm. The new offering will be known as “Tableau CRM.” It’s the latest integration between the two companies following Salesforce’s $15.7 billion acquisition last year.

“By bringing together the Tableau and Einstein Analytics teams earlier this year, and tapping into the power of the overall Salesforce ecosystem, we are putting rocket boosters on our innovation and accelerating our mission to help people see and understand data,” Tableau CEO Adam Selipsky said in a statement.

Tableau CRM will be part of the Salesforce CRM workflow. Initial integrations include “Einstein Discovery in Tableau,” which lets users identify patterns based on their datasets and enables predictive modeling and recommendations capabilities.


2020-10-06 17:25:00+00:00 Read the full story…
Weighted Interest Score: 2.9940, Raw Interest Score: 1.4279,
Positive Sentiment: 0.1382, Negative Sentiment 0.1382

Data visualization and the pandemic spread

With just about everyone stuck at home to reduce the spread of COVID-19, lots of people are taking an interest in following the progression of the virus data and understanding what it means. Health experts, economists, and others who are trying to mitigate the damage the virus has caused use data to give context to their recommendations, while local governments use it to create temporary policies that are intended to reduce the spread of COVID-19.

Data visualization has been an important tool in this pandemic for several reasons. Because this is a modern outbreak, we have the ability to use the internet to collect and share information. But we still need visualization to help us understand the data and put it to use. Here are some of the ways visualization is helping to track the pandemic’s spread.

Weighted Interest Score: 2.5823, Raw Interest Score: 1.2340,
Positive Sentiment: 0.1828, Negative Sentiment 0.3428

Have Startup Layoffs Leveled Off for Good?

The COVID-19 pandemic had considerable impact on the startup community. Those startups with a business model based on human contact—such as ridesharing—had to radically adjust to nationwide lockdowns and new health protocols. Other startups, meanwhile, wrestled with clients terminating contracts and investors suddenly withholding funds.

The net effect was a spike in startup layoffs throughout March and April. But Layoffs.fyi, which has been crowdsourcing startup-layoff data since the pandemic began, shows that layoffs leveled off over the summer and stayed flat into autumn (so far). Check out the chart…

2020-10-05 00:00:00 Read the full story…
Weighted Interest Score: 2.5151, Raw Interest Score: 1.5091,
Positive Sentiment: 0.2012, Negative Sentiment 0.4024

5 Concepts Every Data Scientist Should Know

Once a Data Scientist, there are certain skills you will apply each and every day of your career. Some of these might be common techniques you learned during your education, while others may develop fully only after you become more established in your organization. Continuing to hone these skills will provide you with valuable professional benefits.

I have written about common skills that Data Scientists can expect to use in their professional careers, so now I want to highlight some key concepts of Data Science that can be beneficial to know and later employ. I may be discussing some that you know already and some that you do not know; my goal is to provide some professional explanation of why these concepts are beneficial regardless of what you do know now. Multicollinearity, one-hot encoding, undersampling and oversampling, error metrics, and lastly, storytelling, are the key concepts I think of first when thinking of a professional Data Scientist in their day-to-day. The last point, perhaps, is a combination of skill and a concept but wanted to highlight, still, its importance on your everyday work life as a Data Scientist. I will expound upon all of these concepts below.

  1. Multicollinearity
  2. One-Hot Encoding
  3. Sampling
  4. Error Metrics
  5. Storytelling

2020-10-05 00:00:00 Read the full story…
Weighted Interest Score: 2.4810, Raw Interest Score: 1.2642,
Positive Sentiment: 0.2054, Negative Sentiment 0.2845

Muni Bond Market Disclosure: It’s About Time—And Time Is Money

The prior article A Technology Solution For Muni Bond Disclosure discussed how new technologies and data science methods are transforming disclosure in the municipal bond market.

This article, the sixth and final piece of a six-part series on investor disclosure in the municipal bond market, outlines how municipalities and authorities pay the very high real dollar cost of inefficient disclosure. Ironically, it is these very borrowers who use this capital market that are the one’s with the power to correct many of the market’s disclosure problems.

2020-10-06 00:00:00 Read the full story…
Weighted Interest Score: 2.4624, Raw Interest Score: 1.3492,
Positive Sentiment: 0.1235, Negative Sentiment 0.2185


This news clip post is produced algorithmically based upon CloudQuant’s list of sites and focus items we find interesting. We used natural language processing (NLP) to determine an interest score, and to calculate the sentiment of the linked article using the Loughran and McDonald Sentiment Word Lists.

If you would like to add your blog or website to our search crawler, please email customer_success@cloudquant.com. We welcome all contributors.

This news clip and any CloudQuant comment is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation regarding a course of action. This information is provided with the understanding that CloudQuant is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation. You are responsible to make your own independent decision with respect to any course of action based on the content of this post.

The post Alternative Data News. 07, October 2020 appeared first on CloudQuant.


AI & Machine Learning News. 12, October 2020

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AI & Machine Learning News. 12, October 2020

AI and Machine Learning Newsletter

The Artificial Intelligence and Machine Learning News clippings for Quants are provided algorithmically with CloudQuant’s NLP engine which seeks out articles relevant to our community and ranks them by our proprietary interest score. After all, shouldn’t you expect to see the news generated using AI?


Top 10 Announcements From NVIDIA GTC 2020 Event

Someday, trillions of AI devices and machines will populate the Earth – in homes, office buildings, warehouses, stores, farms, factories, hospitals, airports.” – Jensen Huang, Founder, NVIDIA

Today, NVIDIA kicks off its flagship event, NVIDIA GPU Technology Conference (GTC) 2020 with a number of significant announcements and updates. This year the conference will be held virtually, and like every year, it started with a keynote speech of Jensen Huang, CEO and founder of NVIDIA from his kitchen.

The announcements include updates and introduction of the various platforms, partnerships, among others that involve data centres, edge AI, healthcare and collaboration tools. Huang outlined the vision for “Age of AI” in his GTC keynote speech.

“AI requires a whole reinvention of computing – full-stack rethinking – from chips and systems to algorithms, tools and the ecosystem,” Huang said, standing in front of the stove of his Silicon Valley home.

2020-10-05 Read the Full Story…

CloudQuant Thoughts : We are big fans of everything NVIDIA does, the new cards are a major step up in power. This keynote video demonstrates NVIDIA’s reach. Nice Stove! This video is Part 1 of 9 videos in the Keynote.

Inventing Virtual Meetings of Tomorrow with NVIDIA AI Research

New AI breakthroughs in NVIDIA Maxine, cloud-native video streaming AI SDK, slash bandwidth use while make it possible to re-animate faces, correct gaze and animate characters for immersive and engaging meetings.

2020-10-05 Read the Full Story…

CloudQuant Thoughts : THIS IS AMAZING!

New Report Highlights AI’s Role in Businesses’ Pandemic Resilience

During the pandemic, businesses have scrambled to avoid large layoffs and cutbacks by seizing any opportunity to shore up lost revenue from the world’s quieted economies. Now, analytics firm RELX has released its third annual Emerging Tech Executive Report, which applied three years of data to examine AI’s impact on businesses’ successes (or failures) during the pandemic, as well as general trends in enterprise use of AI technologies.

The report’s conclusions are drawn from AI-focused interviews with more than a thousand senior executives in the U.S. across eight industries: government, healthcare, legal services, insurance, science and medical fields, banking, and agriculture.

In general, the report finds strong growth in use of AI technologies: 81% of executives reported use of AI tech in their businesses, up 33% since 2018; 75% reported that their businesses offered AI training, up 29% since 2018; and 95% reported believing that U.S. companies should invest in the AI workforce through educational initiatives (up 3% since 2018).

2020-10-09 00:00:00 Read the full story…
Weighted Interest Score: 4.5026, Raw Interest Score: 1.6411,
Positive Sentiment: 0.1746, Negative Sentiment 0.4539

CloudQuant Thoughts : As per usual, those stats stand out. 81% of execs reported use of AI, 75% offer AI training, 95% believe companies should invest in AI educational initiatives for their workforce.

East and West: AI worries divided down regional lines

The perceived risk of artificial intelligence is linked to people’s location and profession, according to a new study, with those in the West typically much more concerned about the technology. In contrast, less than one in ten people in China say AI will be mostly harmful, and the majority believe it will be mostly helpful.

The University of Oxford’s Internet Institute analysed survey data from a risk poll of 154,195 participants living in 142 countries to assess their attitudes towards the development of AI over the coming decades for its report, Global Attitudes towards Artificial Intelligence (AI) & Automated Decision Making.

The findings vary significantly across regions. North Americans and Latin Americans are most skeptical about the benefits of AI, with more than 40 per cent believing AI will be harmful, whilst only 25 per cent of those living in South East Asia and just 11 per cent of those living in East Asia expressed similar concerns. One outlier on perceived harm is China, according to the study. Just nine per cent of respondents believe AI will be mostly harmful, with 59 per cent of respondents saying it will mostly be beneficial.

2020-10-11 23:39:26+00:00 Read the full story…
Weighted Interest Score: 3.8251, Raw Interest Score: 1.6419,
Positive Sentiment: 0.1173, Negative Sentiment 0.5082

CloudQuant Thoughts : This is no surprise from a society built on abandoning ones liberties to centralized control.

Gender Bias In the Driving Systems of AI Autonomous Cars

Here’s a topic that entails intense controversy, oftentimes sparking loud arguments and heated responses. Prepare yourself accordingly. Do you think that men are better drivers than women, or do you believe that women are better drivers than men?

Seems like most of us have an opinion on the matter, one way or another.

Stereotypically, men are often characterized as fierce drivers that have a take-no-prisoners attitude, while women supposedly are more forgiving and civil in their driving actions. Depending on how extreme you want to take these tropes, some would say that women shouldn’t be allowed on our roadways due to their timidity, while the same could be said that men should not be at the wheel due to their crazed pedal-to-the-metal predilection.

What do the stats say? According to the latest U.S. Department of Transportation data, based on their FARS or Fatality Analysis Reporting System, the number of males annually killed in car crashes is nearly twice that of the number of females killed in car crashes.

2020-10-08 22:21:29+00:00 Read the full story…
Weighted Interest Score: 2.8415, Raw Interest Score: 1.0498,
Positive Sentiment: 0.0542, Negative Sentiment 0.1676

CloudQuant Thoughts : Intriguing, the idea of pitting an AI trained entirely by monitoring female drivers against one trained by monitoring only male drivers!

CloudQuant Increases Liberator’s Speed & Reach

CloudQuant today rolled out a major update to their industry leading Liberator/Rosetta APIs.

This technical release provides Improved Performance, Error Feedback, and Column Level Filtering to the increasing number of CloudQuant clients using our external API, as well as providing a boost to CloudQuant’s research tools – CQ AI, CQ Mariner, and CQ Explorer.

Our API enables external users to seamlessly integrate Liberator’s Power and Speed into their own environments. CloudQuant’s Liberator and suite of Technological Products dramatically cut the time from data acquisition to profit!

2020-10-04 00:00:00 Read the full story…

CloudQuant Thoughts : Our Liberator API is at the center of our Data Fabric, it provides data to all of our clients and all of our products. As such we are constantly improving it. Liberator’s ability to deliver precise Alternative Data into any user’s platform in a simple and clear manner is a major driver of our goal of dramatically cutting the time it takes to go from Raw Data to Profit. Liberator has also qualified for a Benzinga Award Nomination!

How Geospatial Data Drives Insight for Bloomberg Users

Stockbrokers and other Wall Street professionals who use Bloomberg terminals are always on the lookout for an edge. Increasingly, that edge is coming in the form of geospatial data that describes the movement of people and goods – as well as natural events like hurricanes and viral pandemics — through space and time.

When US Air Force veteran Bobby Shackelton arrived at Bloomberg about five years ago, he found some pretty basic uses of geospatial data in the Bloomberg Terminal, that all-important source of news and data relied upon by thousands of individuals who make their living trading on information.

For example, commodity traders used geospatial data to understand the number of oil tankers under sail in the ocean at any point in time, which describes the short-term supply of that crucial commodity. But aside from a few niche cases like that, there really wasn’t much going on with geospatial data at Bloomberg.

So Shackelton, who helped set up radar installations in the Air Force before building geospatial data solutions at what would become S&P Global Market Intelligence, set out to build a full-stack mapping solution for the Bloomberg Terminal. That offering, called MAP GO, quietly debuted about two years ago.

2020-10-05 00:00:00 Read the full story…
Weighted Interest Score: 3.5040, Raw Interest Score: 1.6230,
Positive Sentiment: 0.1185, Negative Sentiment 0.0829

How to spot a data charlatan

When data are too scarce to split, only a data charlatan tries to follow inspiration with rigor, peddling hindsight by mathematically rediscovering phenomena that they already know to be in the data and calling their surprise statistically significant. This distinguishes them from the open-minded analyst who deals in inspiration and the meticulous statistician who offers proof of foresight.
When data are plentiful, get in the habit of data-splitting so you can have the best of both worlds without cheating! Be sure to do analytics and statistics separately on separate subsets of your original pile of data.

  • Analysts offer you open-minded inspiration.
  • Statisticians offer you rigorous testing.
  • Charlatans offer you twisted hindsight that pretends to be analytics plus statistics.

2020-10-10 16:29:07.966000+00:00 Read the full story…
Weighted Interest Score: 2.4656, Raw Interest Score: 1.0812,
Positive Sentiment: 0.3041, Negative Sentiment 0.2618

The Next Industry Shift for Machine Learning Performance Enhancement

The Next Industry Shift for Machine Learning Performance Enhancement. It’s simpler than you think.

“If you don’t like the road you’re walking, start paving another one.” – Dolly Parton

Thousands of companies around the world, from small startups to global corporations, find great value in improving the performance of their supervised or unsupervised ML models, whether it’s a sales or demand forecast, a market basket analysis recommender, a customer classifier, a sales optimizer, a chatbot, an algorithmic trading pipeline, a document labeler, an elections forecast, a spam filter, a medical diagnosis solution, a route optimizer, a face recognizer or a self-driving car. And I’m not even going to get started on IoT.

However, all of them seem to attempt to increase accuracy (reduce error) by focusing on mainly two things:

  • Feature engineering (getting the most out of your features by crunching your dataset to death)
  • Model/parameter optimization (choosing the best model and best parameters even if you have to come up with a hybrid of several algorithms and iterate to infinity)

Both of the above are very necessary indeed, but there is a third process that adds value in a complementary way, which has traditionally been wildly underused in most data science projects and is now starting to take off.

Adding external data. Over 90% of the world’s data has been created in the last two years alone, and volumes are expected to continue growing exponentially. Every 6 hours, one quintillion bytes of data are generated globally. You can’t come up with an intuitive reference for how much that is without recurring to stars or atoms and still, that figure will seem laughable in a couple of years.

2020-10-12 02:36:42.188000+00:00 Read the full story…
Weighted Interest Score: 3.9216, Raw Interest Score: 1.7344,
Positive Sentiment: 0.2843, Negative Sentiment 0.1990

10 Best Machine Learning Courses in 2020

If you are ready to take your career in machine learning to the next level, then these top 10 Machine Learning Courses covering both practical and theoretical work will help you excel.

Practical/Hands-on Courses with Less Theory

  1. Practical Deep Learning for Coders FAST.AI Price: Free
  2. Code-First Introduction to Natural Language Processing by Fast.ai Price: Free
  3. Python for Data Science and Machine Learning Bootcamp Price: $129 (on sale $10-$20)
  4. DeepLearning.AI TensorFlow Developer Professional Certificate Price: $49/month
  5. Datacamp Data Science Path Price: $25/month or $300/year

Theoretical Courses with Less Practical work

  1. Machine Learning by Stanford University Price: $80
  2. Deep Learning Specialization Price: $49/month
  3. CS231n by Andrej Karpathy Price: Free
  4. Stat 451: Introduction to Machine Learning Price: Free
  5. MIT Introduction to Deep Learning | 6.S191 Price: Free

2020-10-10 00:00:00 Read the full story…
Weighted Interest Score: 4.3029, Raw Interest Score: 2.4533,
Positive Sentiment: 0.0976, Negative Sentiment 0.0697

How To Use DeepCognition To Build Drag And Drop Deep Learning Models Without Coding?

Deep learning is an integral part of artificial intelligence and the contributions done in the field is immense. With increasing research and development in deep learning, there has been an increase in the use of no-code platforms for deep learning as well. There are a lot of platforms that support machine learning and the processes like data visualization, processing etc. But there are few platforms that focus only on deep learning and one such platform is DeepCognition.

In this article, we will learn a little bit about DeepCognition and build an algorithm using DeepCognition platform.

Who are DeepCognition.ai? DeepCognition was founded with an aim of democratization of artificial intelligence. They have created a platform that can be used to create and deploy deep learning models with just clicking of buttons and no code at all. The problem they are trying to solve is to overcome the shortage of expertise in AI that is creating barriers in organizations in the adoption of AI and make deep learning accessible to all.

2020-10-12 08:30:53+00:00 Read the full story…
Weighted Interest Score: 3.9018, Raw Interest Score: 1.7634,
Positive Sentiment: 0.1206, Negative Sentiment 0.0904

Fractal Hives Off Theremin.ai After Raising Funds From OLMO Capital

Theremin.ai Raises Funds From OLMO Capital

In a recent LinkedIn post, Co-founder, Group Chief Executive & Vice-Chairman, Fractal Analytics, Srikanth Velamakanni, stated his excitement of sharing the news — “I am excited to share with you that theremin.ai, Fractal’s AI-driven automated investing business has raised funds from OLMO capital.”

He further stated that “We set up theremin.ai to test whether our algorithms could find signals in a nearly perfect capital markets context and we are encouraged by the results.”

2020-10-05 Read the Full Story…

Data Architecture and Artificial Intelligence: How Do They Work Together?

Artificial intelligence (AI) is rapidly gaining ground as core business competency. Today’s machine learning (ML) or deep learning (DL) algorithms promise to revolutionize business models and processes, restructure workforces, and transform data infrastructures to enhance process efficiency and improve decision-making throughout the enterprise. Gone are the days of data silos and manual algorithms.

However, widespread belief by stating that AI’s growth was stunted in the past mainly due to the unavailability of large data sets. Big data changed all that – enabling businesses to take advantage of high-volume and high-velocity data to train AI algorithms for business-process improvements and enhanced decision making.

The Road to AI Leads through Information Architecture describes howhybrid Data Management, Data Governance, and business analytics can together transform enterprise-wide decision making. According to this author, these three core business practices can enable organizations of all sizes “to unleash the power of AI in the enterprise.”

2020-09-29 Read the Full Story…

Machine learning for anomaly detection: Elliptic Envelope

Welcome back to anomaly detection; this is 6th in a series of “bite-sized” data science focusing on outlier detection. Today I am writing about a machine learning algorithm called EllipticEnvelope , which is yet another tool in data scientists’ toolbox for fraud/anomaly/outlier detection.
In case you have missed my previous articles or you are interested in learning more about the topic, find the links here (Local Outlier Factor (LOF), Z-score, Boxplot, Statistical techniques, Time series anomaly detection, Elliptical Envelope)
So what is elliptic envelope and what’s the intuition behind the algorithm? If you have taken geometry classes you are probably familiar with ellipse — a geometric configuration that takes an oval shape on a two-dimensional plane.

2020-10-06 Read the Full Story…

How AI Is Revolutionizing Social Visibility

Artificial intelligence has the power to revolutionize the social visibility of brands, making way for a very inclusive approach towards online marketing. Today, the power of digital marketing and artificial intelligence go hand in hand.

Artifical intelligence (AI) in digital marketing is useful in gathering data from all aspects, analyzing it, simplifying it, and then getting an easy understanding of a consumer’s needs and preferences.

The predictive assessment of social platforms is expected to grow to more than $2.1 billion in value by the year 2023. Hence, the market of predictive data, which utilizes the deep learning methods of AI, is burgeoning.

AI technology helps marketers gain insights that are more accurate and deliver customized consumer experiences. Development with AI has helped companies deal with customer interactions and analytics. This is why AI technology has all the capabilities to improve digital marketing strategies.

Why Organizations Value AI Technology to Improve Social Visibility:

2020-10-07 Read the Full Story…

Artificial Intelligence meets market volatility: Swiss tech firm opens hedge fund

The crisis is a good mean for revealing the relevancy of a successful investment strategy” says Vestun’s CEO as it opens its AI hedge fund to external retail investors

Vestun, a Swiss-based financial and technology company has now opened the launch of its hedge fund to new outside investors.

The firm which until now has been only managing its own capital announced that its investment vehicle will open to institutional investments including banks, multi-family offices and asset managers within certain jurisdiction.

The company flagship strategy trades liquid US equities systematically. The strategy is designed to autonomously adapts its portfolio and risk exposure dynamically to the prevailing market conditions. In contrast to traditional systematic strategies, Vestun’s approach does not rely on statistical rules and historical events to generate signals. Instead, the strategy aggregate domain specific intelligence with datasets that individually perform in their own economics while remaining uncorrelated against each other.

2020-10-07 Read the Full Story…

Top Twitter Accounts On AI One Must Follow

At the present scenario, Artificial Intelligence and machine learning have been portraying a critical role in the advancement of the tech sector. Social media platforms have been performing a significant role when it comes to keeping updated with the latest and trending information.

One such platform is Twitter. Twitter not only helps you keep track of the latest social and economic news, but also it allows you to both share and acquire knowledge about emerging technologies.

Below here, we jotted a list down the top ten AI accounts, based on alphabetical order, one must follow on Twitter.

2020-10-07 Read the Full Story…

India Is Working To Develop A Supercomputer To Facilitate AI Framework

India is working to develop a framework to help different walks of life in the longer-term in order to become an AI superpower. The Indian government is also working with the Centre for Development of Advanced Computing to develop a supercomputer to facilitate the AI framework.

AI has been widely believed to play a significant role in improving governance, along with some of the top use cases in the field of social welfare, policymaking, and healthcare. In fact, countries such as the US and China have already made giant strides in this direction. And thus India needed to make its way as well.

When asked, the CEO of National E-Governance Division, Abhishek Singh stated to the media that globally, we are recognised as a country which has a vast AI-skilled workforce, along with a good network of startup companies which are creating products. However, the only thing lacking is the compute capabilities, which is required. And that’s why the government is currently working on a framework and an ecosystem to facilitate that.

Singh further stated that computing facilities are being set up in India and will allow the AI, startups, tech entrepreneurs and researchers to leverage the infrastructure that has been built to run their algorithms and to create “world-class AI products.”

2020-10-05 Read the Full Story…

Sibos 2020: Victoria Harverson, global head of business development at SmartStream Air (Video)

FinTech Futures sat down with Victoria Harverson, global head of business development at SmartStream Air. Harverson was appointed into the role very recently, in order to run the business for SmartStream’s artificial intelligence (AI) solution for data processing.

Key highlights:

  • Developments that have taken place since SmarStream launched its first AI solution at last year’s Sibos.
  • What is on the agenda for the next 12 months.
  • Breaking down down how SmartStream Air works.
  • What it’s doing to transform traditional data verification and reconciliation processes.

2020-10-07 14:46:32+00:00 Read the full story…
Weighted Interest Score: 7.0922, Raw Interest Score: 3.2028,
Positive Sentiment: 0.0000, Negative Sentiment 0.0000

Sharp Venture Capitalists Make Remarkable Inroads With Alternative Data

Alternative data is not utilized nearly enough in data capital management. It can help you increase your returns in powerful ways.

The University of Hawaii reports that big data is shaking up the venture capital industry in unbelievable ways. Venture capitalists are finding new ways to leverage alternative data effectively for much higher yields.

Big data plays a role in shifting the risk-reward calculus in the favor of venture capitalists. Venture capital is a high risk, high reward game. To put it into perspective, 90% of new startups fail, which means that investors can lose a lot of money while hunting the potential “unicorns.” Historically, venture capital has been regarded more as an art form than a science.

Investors were known for following their intuitions, impressions, and carefully cultivated personal networks rather than relying on cold algorithms. This has changed in the era of big data, which is why investing apps that use data analytics have really taken off. Data capital management could be a huge thing in the future.

2020-10-08 08:34:08+00:00 Read the full story…
Weighted Interest Score: 5.9046, Raw Interest Score: 2.4377,
Positive Sentiment: 0.3750, Negative Sentiment 0.2625

Exabel makes CCO and data partnership hires

Exabel, an alternative data, AI and data science platform for active asset managers, has hired Jan Bratteberg as Chief Commercial Officer (CCO) and Nathaniel Cohn as VP of North America and Head of Data Partnerships.

The news follows the closure of a third funding round last month and the commercial launch of the firm earlier this year.

As CCO, Jan will build out further the commercial strategy of the company, as it seeks to disrupt the USD2 billion alternative data market by making the datasets available more usable by investors without the need for in-house quants or technology infrastructure. Jan joins from San Francisco based investment management firm Algert Global, where he has been a Partner since 2016. Prior to this, he was a Managing Director at BlackRock where he spent 17 years in a variety of investment roles.

2020-10-12 00:00:00 Read the full story…
2020-10-12 10:59:00 Read the full story…

Weighted Interest Score: 5.8135, Raw Interest Score: 2.0140,
Positive Sentiment: 0.1233, Negative Sentiment 0.2055

arXiv now allows researchers to submit code with their manuscripts

Papers with Code today announced that preprint paper archive arXiv will now allow researchers to submit code alongside research papers, giving computer scientists an easy way to analyze, scrutinize, or reproduce claims of state-of-the-art AI or novel advances in what’s possible.

An assessment of the AI industry released a week ago found that only 15% of papers submitted by researchers today publish their code.

Maintained by Cornell University, arXiv hosts manuscripts from fields like biology, mathematics, and physics, and it has become one of the most popular places online for artificial intelligence researchers to publicly share their work. Preprint repositories give researchers a way to share their work immediately, before undergoing what can be a long peer review process as practiced by reputable scholarly journals. Code shared on arXiv will be submitted through Papers with Code and can be found in a Code tab for each paper.
2020-10-08 00:00:00 Read the full story…
Weighted Interest Score: 4.9460, Raw Interest Score: 2.5997,
Positive Sentiment: 0.2426, Negative Sentiment 0.1733

6 Essential Skills To Be A Data Scientist

Leveraging the use of big data, as an insight-generating engine has driven the demand for data scientists at the enterprise-level, across all industry verticals. Whether it is to refine the process of product development, improve customer retention, or mine through the data to find new business opportunities — organizations are increasingly relying on the expertise of data scientists to sustain, grow, and outdo their competition.

Consequently, as the demand for data scientists increases, the discipline presents an enticing career path for students and existing professionals.

2020-10-12 00:10:34.359000+00:00 Read the full story…
Weighted Interest Score: 4.4840, Raw Interest Score: 2.4199,
Positive Sentiment: 0.3559, Negative Sentiment 0.1423

Practical Machine Learning Tutorial: Part.1 (Exploratory Data Analysis)

Although there are tons of great books and papers outside to practice machine learning, I always wanted to see something short, simple, and with a descriptive manuscript. I always wanted to see an example with an appropriate explanation of the procedure accompanied by detailed results interpretation. Model evaluation metrics should also need to be elaborated clearly.

In this work, I will try to include all important steps of ML modeling (even though some are not necessary for this dataset) to make a consistent and tangible example, especially for geoscientists. Eight important ML algorithms will be examined and results will be compared. I will try to have an argumentative model evaluation discussion. I will not go deep into the algorithm’s fundamentals.

To access the dataset and jupyter notebook find out my Git.
Note1: codes embedded in this manuscript are presented to understand the work procedure. If you want to exercise by yourself, I highly recommend using the jupyter notebook file.
Note2: shuffling data can cause differences between your runs and what appears here.

This tutorial has four parts:

  1. Exploratory Data Analysis,
  2. Build Model & Validate,
  3. Model Evaluation-1,
  4. Model Evaluation-2

2020-10-12 05:16:43.355000+00:00 Read the full story…
Weighted Interest Score: 4.1253, Raw Interest Score: 1.9341,
Positive Sentiment: 0.0784, Negative Sentiment 0.0784

Transfer Learning-Rock Paper Scissors Classifier

How to use transfer learning for classifying images.

Growing up building things using Lego has always been fun, so is building machine learning algorithm from scratch. Usually, machine learning algorithms are sufficient for various applications but when it comes to huge data size and classifying images we need more powerful machine learning algorithms hence deep learning comes into picture. Building an algorithm is always beneficial but time consuming so why not use existing algorithms and model for similar type of data. The process of using the stored knowledge which is gained while solving one problem and applying it to a different but similar problem is called Transfer Learning. Let’s get a better picture of how we can use some really powerful convolutional neural network on our own data set.
2020-10-11 19:13:15.264000+00:00 Read the full story…
Weighted Interest Score: 3.9540, Raw Interest Score: 1.8726,
Positive Sentiment: 0.1074, Negative Sentiment 0.0921

Develop and Deploy an Image Classifier App Using Fastai

Fastai is a popular open-source library used for learning and practicing machine learning and deep learning. Jeremy Howard and Rachel Thomas founded fast.ai with the objective of making deep learning more accessible. All the exhaustive resources such as courses, software, and research papers available in fast.ai are completely free.

In August 2020, fastai_v2 was released that promises to be much faster, and more flexible to implement deep learning frameworks. The 2020 fastai course combines the core concepts of both machine learning and deep learning. It also teaches the user about the important aspects of model production and deployment. In this article, I will discuss the techniques taught in the initial three lessons of the fast.ai beginner course, about building a quick and simple image classification model. Along with building the model, you will also learn how to easily develop a web application for the model and deploy it for production.

This article will follow the top-down approach that Jeremy follows for teaching in his courses. You will first learn about training an image classifier. Later, the details about the model used for classification will be explained. The prerequisite for understanding this article is knowledge of Python, as fastai is written in Python and built on PyTorch. It is recommended to run this code in Google Colab or Gradient, as GPU access is required. Also, fastai can be easily installed on these two platforms.

2020-10-08 09:48:48+00:00 Read the full story…
Weighted Interest Score: 3.4470, Raw Interest Score: 1.3642,
Positive Sentiment: 0.1441, Negative Sentiment 0.1249

Amplify Intelligence With AI And Analytics — Forrester’s Virtual Data & Insights Forum, October 13–15

They say data is the new oil. They say data is the new currency. They say data is the key competitive differentiator. All true. But reality is sobering: Only 7% of firms report advanced, insights-driven practices. Respondents to the same survey claimed that less than half (49%) of all business decisions in their enterprise are made based on quantitative information — a number that hasn’t moved much in the past three years (46% in 2018 and 48% in 2019). Lastly, anecdotal evidence shows that less than 20% of all raw business and operational data makes it into analytical databases and applications, and only 20% of enterprise knowledge workers who could be leveraging enterprise-grade analytical applications are doing so.

The reasons for the lack of more progress are plentiful and not new and are spread across the usual suspects: strategy, process, people, data, and technology. Our team — Business Insights — has plenty of research to help you move the needle and become more advanced in your insights-driven business capabilities. We plan to showcase much of that research during Forrester’s Data Strategy & Insights Forum on October 13–15. Specifically, the track that I have the privilege to lead — “Amplify Intelligence With AI and Analytics” — will showcase our latest research on how to scale AI and analytics across six sessions.

2020-10-05 15:15:40-04:00 Read the full story…
Weighted Interest Score: 3.4188, Raw Interest Score: 1.6606,
Positive Sentiment: 0.1215, Negative Sentiment 0.1620

NVIDIA Just Gave A PyTorch Based Conversational AI Model For Free

Last week, NVIDIA announced the NeMo model for the development of speech and language models and to create a conversational AI. NeMo is an open-source toolkit based on the PyTorch backend. The neural modules form the building blocks of these NeMo models. With NeMo, users can compose and train state-of-the-art neural network architectures.

How Can NeMo Help : NVIDIA NeMo allows to quickly build, train, and fine-tune conversational AI. It consists of NeMo core and NeMo collections. While NeMo core helps in getting the common look and feel for all models, NeMo collections act as groups of domain-specific modules and models.

There are main parts of NeMo: model, neural module, and neural type. The models contain all necessary information regarding training, fine-tuning, data augmentation, and infrastructure details.
2020-10-12 11:30:54+00:00 Read the full story…
Weighted Interest Score: 3.3703, Raw Interest Score: 1.7439,
Positive Sentiment: 0.0662, Negative Sentiment 0.0883

Register Now for Data Summit Connect Fall 2020

Registration is now open for Data Summit Connect Fall 2020, a series of data management and analytics webinars presented by DBTA and Big Data Quarterly, that will take place October 20-22.

In addition to the regular program, two pre-conference workshops, “Introduction To Knowledge Graphs” and “Getting Started With DataOps: Orchestrating The Three Pipelines,” will be offered on October 19.

Following on the success of Data Summit Connect in June, Data Summit Connect Fall 2020 will again provide practical advice, inspiring thought leadership, and in-depth training.

With travel plans still on hold and in-person meetings difficult, it is more important than ever to stay connected and in touch with peers and industry experts, and also to keep up-to-date with the latest technologies and industry trends.

2020-10-05 00:00:00 Read the full story…
Weighted Interest Score: 3.2810, Raw Interest Score: 1.7832,
Positive Sentiment: 0.2853, Negative Sentiment 0.2853

How Supercomputers Help To Create The Next Generation of Fully Integrated Data Centres

“Data centre is an asset that needs to be protected”- Michael Kagan, CTO of NVIDIA

On the first day of the NVIDIA GPU Technology Conference, Jensen Huang, founder of NVIDIA revealed the company’s three-year DPU roadmap that featured the new NVIDIA BlueField-2 family of DPUs and NVIDIA DOCA software development kit for building applications on DPU-accelerated data centre infrastructure services.

Michael Kagan, CTO of NVIDIA recently in a talk, explained the next generation of fully integrated data centres and how supercomputers and edge AI helps in augmenting such initiatives.

Kagan stated that the state-of-the-art technologies from both NVIDIA and Mellanox created a great opportunity to build a new class of computers, i.e. the fully-integrated cloud data centres that are designed to handle the workload of the 21st century.
2020-10-10 07:30:06+00:00 Read the full story…
Weighted Interest Score: 3.2201, Raw Interest Score: 1.7107,
Positive Sentiment: 0.1111, Negative Sentiment 0.2000

Raise 2020: Here Are The Top Quotes From The Event

For the last two decades, there have been two important developments. First, we have developed data on an exponential scale. Second, AI, Cloud Computing & Machine Learning has gained traction. Now it is our duty to use these developments which have matured in the last two decades for the good of our country.

The recently concluded RAISE 2020 – The Responsible AI for Social Empowerment virtual summit hosted a global meeting of best minds to exchange ideas around AI for social empowerment, inclusion and transformation in various industries. Inaugurated by Hon’ble Prime Minister Narendra Modi and attended by the likes of Mukesh Ambani, Ajay Sawhney, Ravi Shankar Prasad, Amitabh Kant, among others, the five-day event hosted many engaging sessions by these ingenious minds. We list some interesting statements made at RAISE 2020, in this article.

2020-10-12 10:30:25+00:00 Read the full story…
Weighted Interest Score: 3.2154, Raw Interest Score: 1.2945,
Positive Sentiment: 0.6472, Negative Sentiment 0.0000

Top 10 Ways AI Drives Price Optimization in Retail

There are several techniques in use in various stages if maturity in retail and e-commerce. Many different tools and techniques feed into AI powered price optimization for retailers. When used together these can drive very significant top line and bottom-line results for retailers, and allow them to be much more agile in their response to changes in market conditions like competition, costs, inventory levels, and more.

Here are the top 10 “need to know” concepts in the use of AI in price optimization for retailers.

  1. Segmentation of Customers and Products
  2. Regression or Stochastics Modeling
  3. Elasticity
  4. Dynamic Competitive Pricing
  5. Test and Learn
  6. Cannibalization
  7. Market Basket Optimization
  8. Promotion Optimization
  9. Recommendation Engines
  10. OCR, NLP

2020-10-06 00:00:00 Read the full story…
Weighted Interest Score: 3.1212, Raw Interest Score: 1.4741,
Positive Sentiment: 0.1504, Negative Sentiment 0.1354

Global Model Interpretability Techniques for Black Box Models

There is no mathematical equation for model interpretability. ‘Interpretability is the degree to which a human can consistently predict the model’s result’

An interpretable model that makes sense is far more trustworthy than an opaque one. There are two reasons for this. First, the business users do not make million-dollar decisions just because a computer said so. Second, the data scientists need interpretable models to ensure that no errors were made in data collection or modeling, which would otherwise cause the model to work well in evaluation, but fail miserably in production.

The importance of interpretability is subjective to the user of the model. The accuracy of a model may be more important than the interpretability of the model in cases where the model is used to power a solution. The data product is communicating with an entity or through an interface that eliminates the need for interpretability. However, when humans are the users of the model, interpretability takes a front seat.

2020-10-12 07:06:40+00:00 Read the full story…
Weighted Interest Score: 3.1067, Raw Interest Score: 1.7852,
Positive Sentiment: 0.0837, Negative Sentiment 0.2929

Finding new ways to operate & transform with machine learning (Video)

Mark Smith, Worldwide Head of Business and Market Development for Payments, Amazon Web Services gives his View From Sibos on the power of AI and machine learning. We learn about how compute power has become more accessible, giving companies the ability to harness the cloud and use AI&ML tools to tackle new issues, the impact COVID-19 has had on your customer’s journey to implementing machine learning workloads, and about the challenges financial institutions are still grappling with around machine learning.

2020-10-06 09:00:00 Read the full story…
Weighted Interest Score: 3.0476, Raw Interest Score: 1.9268,
Positive Sentiment: 0.0000, Negative Sentiment 0.1927

New Hackathon For Data Scientists – GitHub Bugs Prediction Challenge

MachineHack, in association with Embold, has recently launched a brand new hackathon — GitHub Bugs Prediction Challenge — where participants need to predict bugs on the GitHub titles and text body. The registration is now open and the hackathon closes on 18th of October 2020.

Embold.io is a software quality platform that enables leveraging quality code within a short duration. It combines machine learning, rigorous statistical algorithms, and powerful programming techniques to develop cutting edge products for the industry.

In this hackathon, data scientists need to come up with an algorithm that can predict the bugs, features, and questions based on GitHub text data. With this hackathon, participants will undergo an interesting learning curve where they will be able to write some quality code to win the prizes, as the evaluation involves getting a code quality score using the Embold Code Analysis platform. Further, Embold is also providing a quick tour of how to use its code analysis platform for free.

2020-10-08 09:07:04+00:00 Read the full story…
Weighted Interest Score: 3.0155, Raw Interest Score: 1.3957,
Positive Sentiment: 0.2641, Negative Sentiment 0.2263

Highlights from NVIDIA’s Landmark GPU Technology Conference

Artificial intelligence and chipmaker NVIDIA held its fall GPU Technology Conference (GTC) this week in an all-digital format. Like the live version, NVIDIA uses the event as a launch mechanism to articulate its vision and launch new products. The October 2020 GTC event was packed with announcements, partnerships, educational presentations and use cases.

The digital event let NVIDIA do things it could not do before. It’s the first GTC that ran across the world’s time zones, with sessions in Chinese, Korean, Japanese and Hebrew, all in local times. There were 1000 sessions this year, 400 more than last year.

There was a ton of content, but there were a few themes and newsworthy items that I thought stood out and they are below.

2020-10-08 00:00:00 Read the full story…
Weighted Interest Score: 2.9987, Raw Interest Score: 1.3368,
Positive Sentiment: 0.2119, Negative Sentiment 0.1141

Quick Guide to Evaluation Metrics for Supervised and Unsupervised Machine Learning

Machine learning is about building a predictive model using historical data to make predictions on new data where you do not have the answer to a particular question. Since, the output is probabilistic, evaluating your predictions becomes a crucial step. There are a lot of ways by which you can judge how well your machine learning model performs and mostly all of them focus on minimizing the error between the actual and predicted entity because you would want your predictions to be more and more accurate.

Supervised learning algorithms, where you have information about the labels like in classification, regression problems, and unsupervised learning algorithms, where you don’t have the label information such as clustering, have different evaluation metrics according to their outputs. In this post, you will explore some of the most popular evaluation metrics for classification, regression, and clustering problems. More specifically, you’ll :

  • learn all the terms related to the confusion matrix and metrics drawn from it
  • learn evaluation metrics like RMSE, MAE, R-Squared, etc. for regression problems
  • learn metrics like Silhouette coefficient, Dunn’s index for clustering problems

All the evaluation metrics described in this tutorial have an implementation available as libraries, packages on different platforms like Python, R, Spark, etc., however, this tutorial is only concerned with the meaning of these metrics which you should be aware of before using them. You can use this guide as a quick reference in case you need to quickly revise the important metrics in machine learning.

2020-10-12 08:45:08+00:00 Read the full story…
Weighted Interest Score: 2.9863, Raw Interest Score: 1.3575,
Positive Sentiment: 0.1211, Negative Sentiment 0.5608

AWS Cuts Prices for SageMaker GPU Instances

Amazon Web Services is cutting prices on its SageMaker managed service for machine learning and deep learning as it attracts more financial services, healthcare and retail customers building and training ML models in production.

The cloud giant (NASDAQ: AMZN) said Wednesday (Oct. 7) it is reducing prices for GPU instances running SageMaker by as much as 18 percent. Reminiscent of earlier price cuts as AWS battled Microsoft Azure and Google (NASDAQ: GOOGL) for public cloud dominance, the reductions for SageMaker reflect the growing number of enterprise options for building, training and deploying machine and deep learning as production workloads.

Released in late 2017, SageMaker was among the first model trainers out of the gate. Since then AWS has expanded the ecosystem to include tools for building and managing training data sets along with an integrated development environment dubbed SageMaker Studio. The IDE allows developers to collect and store code, notebooks, data sets, settings and project folders in a single place.

2020-10-07 00:00:00 Read the full story…
Weighted Interest Score: 2.7798, Raw Interest Score: 1.9331,
Positive Sentiment: 0.0000, Negative Sentiment 0.1487

Advanced Micro Devices Inc close to concluding takeover talks with Xilinx Inc

Advanced Micro Devices Inc (NASDAQ:AMD) is in talks about a potential US$30bn offer for semiconductor devices specialist Xilinx Inc (NASDAQ:XLNX), according to reports.

The move, first reported by the Wall Street Journal, comes amid fierce rivalry with chipmakers Intel Corporation (NASDAQ:INTC) and NVIDIA Corporation (NASDAQ:NVDA).

Xilinx, which has collaborated with AMD in the past, specialises in making field-programmable gate arrays (FPGA), in-demand semiconductor devices, and cutting-edge adaptive compute acceleration platform (ACAP) products, which both are used in data centers, wireless communications, AI and machine learning, electric cars, aerospace and defense.

The talks were reported to have resumed after a recent hiatus, but the WSJ said a decision could come as early as next week.

2020-10-09 00:00:00 Read the full story…
Weighted Interest Score: 2.6930, Raw Interest Score: 1.4388,
Positive Sentiment: 0.0899, Negative Sentiment 0.0899

Citi Develops ESG Platform To Transform Research

Citi is adding artificial intelligence-driven environmental, social, and governance data from Truvalue Labs to a proprietary platform that will allow the bank’s analysts to include the financial materiality of key ESG issues in research reports from the fourth quarter of this year.

Val Smith, Citi’s chief sustainability officer, said in a statement: “The Truvalue Labs collaboration with our Research & Global Insights team is an exciting development, as it will enable us to combine internal analysis, ESG data and AI to help us gain a deeper understanding of the opportunities and risk landscapes for our clients.”

Rich Webley, head of global data insights at Citi, told Markets Media that the bank selected TruValue after carrying out a detailed study over 12 months on how to use AI to incorporate ESG data.

2020-10-07 12:29:20+00:00 Read the full story…
Weighted Interest Score: 2.6467, Raw Interest Score: 1.6469,
Positive Sentiment: 0.1976, Negative Sentiment 0.0439

The secrets of small data: How machine learning finally reached the enterprise

Over the past decade, “big data” has become Silicon Valley’s biggest buzzword. When they’re trained on mind-numbingly large data sets, machine learning (ML) models can develop a deep understanding of a given domain, leading to breakthroughs for top tech companies. Google, for instance, fine-tunes its ranking algorithms by tracking and analyzing more than one trillion search queries each year. It turns out that the Solomonic power to answer all questions from all comers can be brute-forced with sufficient data.

But there’s a catch: Most companies are limited to “small” data; in many cases, they possess only a few dozen examples of the processes they want to automate using ML. If you’re trying to build a robust ML system for enterprise customers, you have to develop new techniques to overcome that dearth of data.

Two techniques in particular — transfer learning and collective learning — have proven critical in transforming small data into big data, allowing average-sized companies to benefit from ML use cases that were once reserved only for Big Tech. And because just 15% of companies have deployed AI or ML already, there is a massive opportunity for these techniques to transform the business world.

2020-10-08 00:00:00 Read the full story…
Weighted Interest Score: 2.6248, Raw Interest Score: 1.8855,
Positive Sentiment: 0.2076, Negative Sentiment 0.1730

5 Concepts Every Data Scientist Should Know

Once a Data Scientist, there are certain skills you will apply each and every day of your career. Some of these might be common techniques you learned during your education, while others may develop fully only after you become more established in your organization. Continuing to hone these skills will provide you with valuable professional benefits.

I have written about common skills that Data Scientists can expect to use in their professional careers, so now I want to highlight some key concepts of Data Science that can be beneficial to know and later employ. I may be discussing some that you know already and some that you do not know; my goal is to provide some professional explanation of why these concepts are beneficial regardless of what you do know now. Multicollinearity, one-hot encoding, undersampling and oversampling, error metrics, and lastly, storytelling, are the key concepts I think of first when thinking of a professional Data Scientist in their day-to-day. The last point, perhaps, is a combination of skill and a concept but wanted to highlight, still, its importance on your everyday work life as a Data Scientist. I will expound upon all of these concepts below.

  1. Multicollinearity
  2. One-Hot Encoding
  3. Sampling
  4. Error Metrics
  5. Storytelling

2020-10-05 00:00:00 Read the full story…
Weighted Interest Score: 2.4810, Raw Interest Score: 1.2642,
Positive Sentiment: 0.2054, Negative Sentiment 0.2845


This news clip post is produced algorithmically based upon CloudQuant’s list of sites and focus items we find interesting. We used natural language processing (NLP) to determine an interest score, and to calculate the sentiment of the linked article using the Loughran and McDonald Sentiment Word Lists.

If you would like to add your blog or website to our search crawler, please email customer_success@cloudquant.com. We welcome all contributors.

This news clip and any CloudQuant comment is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation regarding a course of action. This information is provided with the understanding that CloudQuant is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation. You are responsible to make your own independent decision with respect to any course of action based on the content of this post.

The post AI & Machine Learning News. 12, October 2020 appeared first on CloudQuant.

Alternative Data News. 14, October 2020

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Alternative Data News. 14, October 2020

Alternative Data Newsletter

Finding sources and uses for alternative data can be difficult. At CloudQuant we regularly read and search the internet for new sources of data that can be used in our mission to find alpha signals and build quantitative trading strategies. We recognize that we are technology and data junkies so we wrote our own crawler that specifically seeks out web pages, posts, and news articles that give us a snapshot of what is going on in the world of Alt Data. The following is a collection of articles that we think you will find interesting from the past week.


Animation of Coronavirus spread in the UK – 1st Feb to 9th Oct

This animation shows the number of positive COVID-19 cases confirmed across the UK (and Isle of Man) from the start of February until the 9th of October, in each lower tier local authority area, adjusted for the population of the area.

Tools used:

Custom Ruby scripts for processing the data
Leaflet.js for the visualisation itself
Google Chrome to generate screenshots
ffmpeg to convert the screenshots into an animation
Data sources:

2020-10-10 Read the Full Story…

CloudQuant Thoughts : Not a lot of great posts in Data Is Beautiful this week and I had to edit the one above to speed it up and pause on the last few days. No doubt about it, the virus is back with a vengeance in the UK/Europe and the US was a week or two behind them during the first outbreak…

Aqua Digital Rising Taps Gold-i for Listing Unique Indices

The prominent multi-asset liquidity management and fintech provider Gold-i has announced a partnership with start-up Aqua Digital Rising, a new alternative asset investment platform that allows investments in indices based on human beings, according to a press release.

The partnership will allow Aqua Digital’s Contracts for Difference (CFDs) to be integrated into Gold-i’s Matrix multi-asset liquidity management platform. The integration will add a new asset class to Gold-i’s offering, a company which has been known for pushing boundaries in the industry. The new CFDs are on track to launch in January 2021, essentially offering investors to trade on the success of individuals, from sports people and celebrities through to social media influencers and politicians, according to the companies.

Tom Higgins, CEO, Gold-i comments: “I have always been motivated by innovation – it is at the heart of all our developments at Gold-i – and when I heard about Aqua Indices, I was excited by such a revolutionary concept. Financial institutions are continually looking at ways to increase revenues by diversifying and Aqua Indices presents the ideal opportunity. We are thrilled to be at the forefront of this, enabling our clients to have access to a next generation alternative asset class.”

2020-10-07 14:16:07+00:00 Read the full story…
Weighted Interest Score: 3.9640, Raw Interest Score: 1.9820,
Positive Sentiment: 0.4805, Negative Sentiment 0.0601

CloudQuant Thoughts : Interesting idea but quite how are they going to execute? Is it going to be like HSX.com, the Hollywood Stock Exchange?

Where Have All the Airplanes Gone?

My 4-year-old pointed to the sky one day and asked, why don’t we see airplanes flying over our house nowadays? (10 Little Airplanes (1) is his favorite counting rhyme). I showed him the below picture and explained that airplanes are grounded due to COVID19. He started counting the aircraft in the picture. Well, what’s your count?

As a Data Science practitioner, a problem statement surfaced – Can we count the number of airplanes parked across various locations globally. With help from my colleague(2), we set out to stitch a quick but efficient deep learning solution that can count airplanes from satellite images. The solution had to perform two operations – Object detection and classification.

  1. Getting the Data
  2. Preparing the Data
  3. Building the Model
  4. Result Time

2020-10-13 09:30:46+00:00 Read the full story…
Weighted Interest Score: 2.9199, Raw Interest Score: 1.1804,
Positive Sentiment: 0.1450, Negative Sentiment 0.1035

CloudQuant Thoughts : Always nice to see the process from ‘data idea’ to ‘execution’.

Microsoft partners with Team Gleason to build a computer vision dataset for ALS

Microsoft and Team Gleason, the nonprofit organization founded by NFL player Steve Gleason, today launched Project Insight to create an open dataset of facial imagery of people with amyotrophic lateral sclerosis (ALS). The organizations hope to foster innovation in computer vision and broaden the potential for connectivity and communication for people with accessibility challenges.

Microsoft and Team Gleason assert that existing machine learning datasets don’t represent the diversity of people with ALS, a condition that affects as many as 30,000 people in the U.S. This results in issues accurately identifying people, due to breathing masks, droopy eyelids, watery eyes, and dry eyes from medications that control excessive saliva.

Project Insight will investigate how to use data and AI with the front-facing camera already present in many assistive devices to predict where a person is looking on a screen. Team Gleason will work with Microsoft’s Health Next Enable team to gather images of people with ALS looking at their computer so it can train AI models more inclusively. (Microsoft’s Health Next team, which is within its Health AI division, focuses on AI and cloud-based services to improve health outcomes.) Participants will be given a brief medical history questionnaire and be prompted through an app to submit images of themselves using their computer.

2020-10-12 00:00:00 Read the full story…
Weighted Interest Score: 2.7801, Raw Interest Score: 1.1292,
Positive Sentiment: 0.2754, Negative Sentiment 0.2479

CloudQuant Thoughts : Before long we will be walking down the street observed by cameras galore, watching our gate, noting that we seem to be struggling to walk.. diagnosing the cause.. sending suggestions via personalized advertising boards (Minority Report) or just a buzz on your iWatch..   “Need New shoes? Need Yoga? Or are you showing the first signs of ALS?”

CloudQuant Increases Liberator’s Speed & Reach

CloudQuant today rolled out a major update to their industry leading Liberator/Rosetta APIs.

This technical release provides Improved Performance, Error Feedback, and Column Level Filtering to the increasing number of CloudQuant clients using our external API, as well as providing a boost to CloudQuant’s research tools – CQ AI, CQ Mariner, and CQ Explorer.

Our API enables external users to seamlessly integrate Liberator’s Power and Speed into their own environments. CloudQuant’s Liberator and suite of Technological Products dramatically cut the time from data acquisition to profit!

2020-10-04 00:00:00 Read the full story…

CloudQuant Thoughts : Our Liberator API is at the center of our Data Fabric, it provides data to all of our clients and all of our products. As such we are constantly improving it. Liberator’s ability to deliver precise Alternative Data into any user’s platform in a simple and clear manner is a major driver of our goal of dramatically cutting the time it takes to go from Raw Data to Profit. Liberator has also qualified for a Benzinga Award Nomination!


ESG Section

CloudQuant provide Alternative Data services to major players and provide marketing services for data vendors. One such vendor has an alternative data set for ESG data. As part of our service offering we can review the dataset using our backtesting system and produce results, code to reproduce the results and white papers on how we achieved the results. For more information head over to our Data Catalog.

BNP Paribas Asset Management Launches First Blue Economy ETF (Sustainable use of Ocean Resources)

  • BNP Paribas Asset Management (‘BNPP AM’) announces the launch of the first blue economy ETF (exchange-traded fund), BNP Paribas Easy ECPI Global ESG Blue Economy UCITS ETF. The ETF is listed on Xetra and Euronext and has a TER of 0.30%.
  • The fund aims to invest in companies from the global developed market which are the best placed to seize opportunities provided by the sustainable use of ocean resources.
  • It tracks the ECPI Global ESG Blue Economy index, an equally-weighted index providing exposure to 50 large caps selected for their sustainable participation in the blue economy. The index conforms to UN Sustainable Development Goal (‘SDG’) 14: ‘Life below water’.

Following the launch of the first circular economy ETF in May 2019, BNPP AM is expanding its range of sustainable thematic investments through the launch of the first ETF based on the blue economy theme. The blue economy is defined by the World Bank as the sustainable use of ocean resources for economic growth, improved incomes and jobs, and healthy ocean ecosystems.

This new ETF replicates an index from ECPI, an index supplier specialising in ESG for 20 years, whose methodology is primarily based on the environmental, social & governance (ESG) criteria of listed companies globally. Companies are selected for their participation in the blue economy and listed according to five categories: coastal livelihood (protection, eco-tourism), energy & resources (offshore wind, marine biotech, wave & tidal), fisheries & seafood, pollution reduction (recycling/waste management, environmental services) and maritime transport. The equally-weighted index consists of those 50 companies with a positive ESG rating and with the largest market capitalisation within their category; it excludes notably, companies involved in systematic violations of the UN Global Compact principle and arms production, and companies that derive more than 10% of their revenues from tobacco, thermal coal extraction or unconventional oil & gas[2].

2020-10-14 04:59:35+00:00 Read the full story…
Weighted Interest Score: 5.3117, Raw Interest Score: 2.1940,
Positive Sentiment: 0.2992, Negative Sentiment 0.1247

Envestnet Links With Federated Hermes For Impact Portfolios

Envestnet, Inc. announces that Envestnet | PMC (PMC) has joined forces with Federated Hermes, Inc. to launch the Federated Hermes PMC Impact Portfolios. This new suite of model portfolios offers access to environmental, social, and governance (ESG) integrated investment strategies which can be customized to fit different tolerances for risk.

The Federated Hermes PMC Impact Portfolios consist of diversified model portfolios that are aligned with target allocation strategies across a seven-point risk spectrum. PMC, Envestnet’s Portfolio Management Consultants group, utilizes its proprietary capital markets assumptions and multi-factor due diligence process to evaluate and identify high-conviction impact strategies, and build the Federated Hermes PMC Impact Portfolios.

Reflecting the ongoing uptick in interest by investors in ESG strategies and products, the number of advisors utilizing impact portfolios on the Envestnet platform grew by 12 percent during the first six months of 2020. Usage of PMC’s impact and tax overlay solutions increased by 16 percent during the same period.

2020-10-14 06:23:30+00:00 Read the full story…
Weighted Interest Score: 4.6108, Raw Interest Score: 2.4596,
Positive Sentiment: 0.0674, Negative Sentiment 0.0674

Bloomberg to Offer MSCI ESG Research Data

New York, October 13, 2020 – Bloomberg announced today that MSCI’s ESG Ratings are now available via the Bloomberg Terminal. Bloomberg Terminal users can access this MSCI data and use it alongside Bloomberg’s broader functionality across the Terminal, complementing Bloomberg’s existing ESG data sets.

With MSCI ESG Ratings, investors can measure a company’s resilience to long-term, financially relevant ESG risks. By using a rules-based methodology to identify industry leaders and laggards, MSCI rates companies on a ‘AAA to CCC’ scale according to their exposure to ESG risks and how well they manage those risks relative to peers.

The addition of MSCI ESG data on the Bloomberg Terminal provides subscribers with a holistic view of company and issuer ESG performance in order to streamline their research and investment processes. Additionally, investors can supplement their current research processes by incorporating MSCI’s ESG Ratings into their existing ecosystem of Bloomberg equity, fixed income and portfolio analysis tools.

2020-10-13 09:00:28+00:00 Read the full story…
Weighted Interest Score: 4.0518, Raw Interest Score: 2.2228,
Positive Sentiment: 0.2814, Negative Sentiment 0.0281

MSCI ESG Research Data Offered On Bloomberg Terminal

Bloomberg announced that MSCI ESG Ratings by MSCI ESG Research LLC is now available via the Bloomberg Terminal. Bloomberg Terminal users can access this MSCI data and use it alongside Bloomberg’s broader functionality across the Terminal, complementing Bloomberg’s existing ESG data sets.

With MSCI ESG Ratings, investors can measure a company’s resilience to long-term, financially relevant ESG risks. By using a rules-based methodology to identify industry leaders and laggards, MSCI rates companies on a ‘AAA to CCC’ scale according to their exposure to ESG risks and how well they manage those risks relative to peers.

The addition of MSCI ESG data on the Bloomberg Terminal provides subscribers with a holistic view of company and issuer ESG performance in order to streamline their research and investment processes. Additionally, investors can supplement their current research processes by incorporating MSCI’s ESG Ratings into their existing ecosystem of Bloomberg equity, fixed income and portfolio analysis tools.

2020-10-14 05:13:17+00:00 Read the full story…
Weighted Interest Score: 3.8751, Raw Interest Score: 2.1529,
Positive Sentiment: 0.1794, Negative Sentiment 0.0000


Wall Street’s biggest banks are increasingly expecting a Biden-led blue wave as the election looms. Here’s how they say you should position your portfolio.

As Joe Biden’s lead in polls widens, Wall Street is warming to the prospect of a Democratic sweep in November.

Goldman Sachs and UBS recently advised clients to prepare for a shift to cyclical and value stocks from growth favorites, as a Biden victory would increase the odds of additional fiscal stimulus.

The yield curve could steepen as investors prepare for rising inflation and stronger economic growth, UBS add…
2020-10-10 00:00:00 Read the full story…
Weighted Interest Score: 3.9138, Raw Interest Score: 2.0292,
Positive Sentiment: 0.3488, Negative Sentiment 0.1902

Complete Guide To Handling Categorical Data Using Scikit-Learn

Dealing with categorical features is a common thing to preprocess before building machine learning models. In real-life data science scenario, it means that the dataset has an attribute stored as text such as days of the week(Monday, Tuesday,.., Sunday), time, colour(Red, Blue, …), or place names, etc.

Categorical features have a lot to say about the dataset thus it should be converted to numerical to make it into a machine-readable format. Focusing only on numerical variables in the dataset isn’t enough to get good accuracy. Often categorical variables prove to be the most important factor and thus identify them for further analysis. Most of the machine learning algorithms do not support categorical data, only a few as ‘CatBoost’ do.

There are a variety of techniques to handle categorical data which I will be discussing in this article with their advantages and disadvantages.

Identifying the two major types of Categorical Variables :

  • Nominal – These are variables which are not related to each other in any order such as colour (black, blue, green).
  • Ordinal – These are variables where a certain order can be found between them such as student grades (A, B, C, D, Fail).

The dataset I’m going to work with is the Melbourne housing price dataset from Kaggle. Let’s Explore the Dataset…

2020-10-14 11:30:22+00:00 Read the full story…
Weighted Interest Score: 2.5914, Raw Interest Score: 1.1365,
Positive Sentiment: 0.0729, Negative Sentiment 0.0874

IIT-Jodhpur Launches Undergraduate Programme in AI & Data Science

The Indian Institute of Technology Jodhpur is launching a new BTech programme in artificial intelligence and data science from the academic session 2020-21. The new undergraduate programme will have courses in computer science, mathematics, artificial intelligence, machine learning, data science, and their applications in various domains.

According to the institute, students, once opted for the course, will be able to take a specialisation in various areas including visual computing, socio-digital realities, language technologies, robotics, and artificial intelligence and others. In IIT-Jodhpur’s official release, it has been mentioned that, with the course, enrolling students will also have the option to take up MBA (tech) in their fifth year as a dual-degree option in the School of Management and Entrepreneurship.

2020-10-12 06:48:32+00:00 Read the full story…
Weighted Interest Score: 2.8288, Raw Interest Score: 1.6562,
Positive Sentiment: 0.3681, Negative Sentiment 0.0736

Sharp Venture Capitalists Make Remarkable Inroads With Alternative Data

Alternative data is not utilized nearly enough in data capital management. It can help you increase your returns in powerful ways.

The University of Hawaii reports that big data is shaking up the venture capital industry in unbelievable ways. Venture capitalists are finding new ways to leverage alternative data effectively for much higher yields.

Big data plays a role in shifting the risk-reward calculus in the favor of venture capitalists. Venture capital is a high risk, high reward game. To put it into perspective, 90% of new startups fail, which means that investors can …
2020-10-08 08:34:08+00:00 Read the full story…
Weighted Interest Score: 5.9046, Raw Interest Score: 2.4377,
Positive Sentiment: 0.3750, Negative Sentiment 0.2625

IISc Launches Advanced Program In Computational Data Science

The Indian Institute of Science (IISc) in association with TalentSprint has announced the launch of a ten-month Advanced Program in Computational Data Science.

This program will equip current and aspiring data scientists, along with data engineers, data analysts and data architects, the latest expertise to lead the workforce of the future. The advanced program will be led by a team of leading faculty and experts from an interdisciplinary background who will teach live and interactive online classes and mentor participants to solve data science problems.

The program will further allow enrollees to build a personal portfolio of data stories to showcase on their career profiles and allow them to connect with TalentSprint’s network of deep-tech professionals from across the world. The first cohort of the program will start in January 2021 and will be accepting 50 professionals from India, APAC and the Middle East.

2020-10-08 11:27:35+00:00 Read the full story…
Weighted Interest Score: 2.5442, Raw Interest Score: 1.3926,
Positive Sentiment: 0.3214, Negative Sentiment 0.1339

6 Lessons Learned in 6 Months as a Data Scientist

When transitioning into a Data Science career, a new mindset toward collaboration, data, and reporting is required. Learn from these recommendations on approaches you should consider to successfully develop into your dream job.

Since my title flipped from consultant to data scientist six months ago, I’ve experienced a higher level of job satisfaction than I would have thought possible. To celebrate my first half year in this engaging field, here are six lessons I’ve collected along the way.

  1. Read the arXiv paper
  2. Listen to podcasts for tremendous situational awareness
  3. Read GitHub Issues
  4. Understand the algorithm-hardware link
  5. Learn from the Social Sciences
  6. Connect data to business outcomes

2020-10-06 00:00:00 Read the full story…
Weighted Interest Score: 2.2311, Raw Interest Score: 1.2363,
Positive Sentiment: 0.3643, Negative Sentiment 0.3422


This news clip post is produced algorithmically based upon CloudQuant’s list of sites and focus items we find interesting. We used natural language processing (NLP) to determine an interest score, and to calculate the sentiment of the linked article using the Loughran and McDonald Sentiment Word Lists.

If you would like to add your blog or website to our search crawler, please email customer_success@cloudquant.com. We welcome all contributors.

This news clip and any CloudQuant comment is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation regarding a course of action. This information is provided with the understanding that CloudQuant is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation. You are responsible to make your own independent decision with respect to any course of action based on the content of this post.

The post Alternative Data News. 14, October 2020 appeared first on CloudQuant.

Intelligration – Another CloudQuant White Paper Success…

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Intelligration – Another CloudQuant White Paper Success!

Our most recently completed white paper is on the Intelligration Vestly Data Set.

Intelligration was initially founded in 2015 with an intent to launch investment vehicles based on a proprietary dataset.

The investment thesis was rooted in the conviction that a very large, diversified crowd of individuals collectively yields tradable insights into public companies.

Knowing that investment funds were going to utilize this single source of alternative data, it would have to be clean, alpha-rich, unbiased, real-time, and uncorrelated to other alpha sources.

To accomplish this, Intelligration designed, built and continues to operate Vestly™, a virtual stock trading app, to generate unique data with institutional-grade integrity.

INTELLIGRATION VESTLY OVERVIEW

Intelligration generate Long/Short scores for 2,700 NYSE and Nasdaq tickers (no ETFs) based simulated trading decisions by users on the Vestly stock trading app.

Intelligration Experiment 1 Portfolio Return

Our research has uncovered Significant Alpha in their Dataset.

The top performing portfolio traded a minimum 5 stocks in its portfolio taking the Bottom 5% Trendscore equal-weighted stock and held them for 2 days, which showed a total return of 27.77% with a Sharpe Ratio equal to 1.589 and Alpha of 61.71% in 2020.

For information on this or any of our other white papers and/or access to the data and back-test code used either…

Email Sales@CloudQuant.com,

Make an appointment to speak to a CloudQuant Representative,

Or fill in the form on the right to be contacted back by a CloudQuant Representative.

See also our Data Catalog and our Repository of White Papers.

The post Intelligration – Another CloudQuant White Paper Success… appeared first on CloudQuant.

Do not Miss! – CloudQuant to release results of latest disruptive data set analysis at The Trading Show Europe, October 22nd 2020

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Alternative Data that pays! – Do not Miss!

CloudQuant to release results of latest disruptive data set analysis at The Trading Show – Europe – October 22th 2020

CloudQuant is all about CONTENT at this year’s Trading Show Europe.

Stop by our virtual booth at the show to learn all about our latest Alternative Data Sets and Research… FIRST!

Register here.

For information on what CloudQuant’s data sets and technology can do for your company either…

Email Sales@CloudQuant.com,

Make an appointment to speak to a CloudQuant Representative,

Or fill in the form on the right to be contacted back by a CloudQuant Representative.

See also our Data Catalog and our Repository of White Papers.

The post Do not Miss! – CloudQuant to release results of latest disruptive data set analysis at The Trading Show Europe, October 22nd 2020 appeared first on CloudQuant.

AI & Machine Learning News. 19, October 2020

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AI & Machine Learning News. 19, October 2020

AI and Machine Learning Newsletter

The Artificial Intelligence and Machine Learning News clippings for Quants are provided algorithmically with CloudQuant’s NLP engine which seeks out articles relevant to our community and ranks them by our proprietary interest score. After all, shouldn’t you expect to see the news generated using AI?


Whisper’s hearing aids use AI to boost speech and reduce noise

Whisper, a startup developing AI-powered hearing aids that self-tune over time, emerged from stealth today with $50 million. CEO Dwight Crow says the funds will be put toward the company’s go-to-market efforts as it ramps up production of its first product, the Whisper Hearing System.

The U.S. National Institute on Deafness looked at adults aged 70 and older who have hearing loss and could benefit from hearing aids and found that fewer than one in three (30%) had ever used them. Even fewer (approximately 16%) of the adults aged 20 to 69 who might benefit from hearing aids had ever considered trying them.

The reasons for this are myriad, but Crow says typical hearing aids require frequent adjustments, which puts most wearers off. “Technology should be used to improve people’s lives,” he said. “Many of the problems people face in hearing — whether hearing in a loud restaurant or having a device that quickly gets outdated — are solvable with recent advancements in consumer electronics and artificial intelligence.”

2020-10-15 00:00:00 Read the full story…
Weighted Interest Score: 2.0569, Raw Interest Score: 1.1635,
Positive Sentiment: 0.2909, Negative Sentiment 0.2909

CloudQuant Thoughts : One of the lowest rated articles that our system recommended this week was one of the most interesting for me. As populations in the west age, hearing loss and hearing aids become more of a priority. Everyone wears earpods now, so the stigma of wearing something in your ears has gone and AI can step in to bring hearing aids into the 21st, adaptively filtering out background noise and emphasizing human speech frequencies. This is a very cool product!

Microsoft Is Enabling Its AI-Based Technology To Be Disability-Inclusive

The lack of machine learning datasets that include people with disabilities has proved to be a major roadblock for developing technological solutions customised to their needs. This is often referred to as ‘data desert’. It is a common practice for organisations building technology products and services to use data at an aggregate level, which leads to stereotyping and being exclusionary in the process.

Earlier this week, Microsoft, in a lengthy blog, revealed its roadmap to deal with this data desert which has become a major hindrance in making artificial intelligence accessible to people with disability. The tech giant Microsoft has revealed its various collaborations to ‘shrink this data desert’ as discussed below.

2020-10-18 04:30:57+00:00 Read the full story…
Weighted Interest Score: 4.7638, Raw Interest Score: 1.2572,
Positive Sentiment: 0.1397, Negative Sentiment 0.1796

CloudQuant Thoughts : I partake in an App called “Be my eyes” where a blind person anywhere in the world can call for assistance from a sighted person facilitated by using their phone camera. Microsoft’s incredibly inclusive drive whether it be through AI apps like “Seeing AI” which would replace the Humans in Be My Eyes with an AI based system or more traditional barrier busters like the Adaptive Controller games controller are to be applauded!

A radical new technique lets AI learn with practically no data

“Less than one”-shot learning can teach a model to identify more objects than the number of examples it is trained on.

Machine learning typically requires tons of examples. To get an AI model to recognize a horse, you need to show it thousands of images of horses. This is what makes the technology computationally expensive—and very different from human learning. A child often needs to see just a few examples of an object, or even only one, before being able to recognize it for life.

In fact, children sometimes don’t need any examples to identify something. Shown photos of a horse and a rhino, and told a unicorn is something in between, they can recognize the mythical creature in a picture book the first time they see it.

2020-10-16 00:00:00 Read the full story…
Weighted Interest Score: 3.3524, Raw Interest Score: 1.4774,
Positive Sentiment: 0.2130, Negative Sentiment 0.0799

CloudQuant Attending The Trading Show Europe this Thursday – October  22nd 2020

CloudQuant will be attending The Trading Show Europe this Thursday, October 22nd. We will be showing our latests Alternative Data analysis and all of our dataset. Head over to the Trading Show website to register, it is Free and then swing by to say hi!

The Trading Show Europe Website.

This New Semi-Supervised Learning Method Is Gaining Traction

Deep neural networks are the most used model for computer vision applications, largely because of their scalability. Deep neural networks generally derive their superior performance through underlying supervised learning mechanisms.

Supervised learning is a type of deep learning methods which uses labelled datasets. While supervised learning offers superior performance benefits, it comes at a high cost, as labelling data requires human labour. Further, the cost is significantly higher when a data labelling has to be done by an expert, such as a medical practitioner.

In such a scenario, semi-supervised learning (SSL) proves to be a powerful alternative. SSL is a method where learning takes place with a small number of labelled data and a relatively larger set of unlabelled data. This method mitigates the need for labelling all the data as in the case of supervised learning.

2020-10-19 11:30:34+00:00 Read the full story…
Weighted Interest Score: 3.3689, Raw Interest Score: 1.5666,
Positive Sentiment: 0.2611, Negative Sentiment 0.1899

AI’s next big leap

The unlikely marriage of two major artificial intelligence approaches has given rise to a new hybrid called neurosymbolic AI. It’s taking baby steps toward reasoning like humans and might one day take the wheel in self-driving cars.

A few years ago, scientists learned something remarkable about mallard ducklings. If one of the first things the ducklings see after birth is two objects that are similar, the ducklings will later follow new pairs of objects that are similar, too. Hatchlings shown two red spheres at birth will later show a preference for two spheres of the same color, even if they are blue, over two spheres that are each a different color. Somehow, the ducklings pick up and imprint on the idea of similarity, in this case the color of the objects. They can imprint on the notion of dissimilarity too.

What the ducklings do so effortlessly turns out to be very hard for artificial intelligence. This is especially true of a branch of AI known as deep learning or deep neural networks, the technology powering the AI that defeated the world’s Go champion Lee Sedol in 2016. Such deep nets can struggle to figure out simple abstract relations between objects and reason about them unless they study tens or even hundreds of thousands of examples.

2020-10-14 15:02:00 Read the full story…
Weighted Interest Score: 2.8465, Raw Interest Score: 1.3943,
Positive Sentiment: 0.1643, Negative Sentiment 0.4612

CloudQuant Thoughts : These three articles, combined with articles in previous weeks where we have had machine learning with “very small datasets” are what fascinate me about ML and AI.  The idea that we can go from needing big data, to small data, to “Less Than One”-shot object identification and finally to trying to emulate the in built imprinting mechanisms of young animals is astonishing.


IBM Spins off AI

The Impact Of IBM’s Move To Split On Its AI Initiatives

In one of the biggest news of the year, IBM recently announced that it is splitting its IT services business into a new company, temporarily named NewCo. The move headed by its CEO, Arvind Krishna, will lead to diversification of the world’s first big computing firm away from its legacy businesses to focus on high-margin cloud computing and AI business. The company believes that with this move, both the companies will be on an improved growth trajectory with more remarkable ability to partner and capture new opportunities.

With this, IBM becomes the big first computing firm to split up from its legacy business to focus on the new tech. The brand new IBM will accelerate and focus on the $1 trillion hybrid-cloud opportunity, whereas the NewCo. will focus on its services business with a revenue of around $19 billion. The NewCo will provide technical support to 4,600 clients in 115 countries, and is expected to record an expense of nearly $5 billion to be incurred in the separation and operational changes.

Krishna believes that this move will help the company revive growth after almost a decade of shrinking revenue, with a strategic focus on each of the businesses. “Now is the right time to create two market-leading companies focused on what they do best”, the company stated.

2020-10-18 07:30:00+00:00 Read the full story…
Weighted Interest Score: 3.5108, Raw Interest Score: 1.3590,
Positive Sentiment: 0.3209, Negative Sentiment 0.0566

IBM Reports Earnings Today as Investors Digest Spinoff Plans

The company has already provided preliminary results, but it will probably have a lot to say about its doubling down on hybrid cloud computing.

It didn’t take long for International Business Machines (NYSE:IBM) CEO Arvind Krishna to shake up the century-old tech giant. Just six months after Krishna took the helm, IBM announced that it would spin off its gigantic managed infrastructure services provider business into a new company. The move will allow IBM to concentrate its efforts on hybrid cloud computing, artificial intelligence, and other growth areas.

IBM will report its third-quarter results after the market closes today. The numbers won’t be a surprise — along with announcing the spinoff, IBM provided preliminary third-quarter results. The company expects to produce revenue of $17.6 billion and adjusted earnings per share of $2.58. That revenue estimate is slightly ahead of analyst expectations, while the EPS estimate was in line.

2020-10-19 00:00:00 Read the full story…
Weighted Interest Score: 3.2178, Raw Interest Score: 1.6389,
Positive Sentiment: 0.1944, Negative Sentiment 0.1667


Living Lettuce, Vertical Gardening: This Startup Is Using AI For Organic Farming

The interest and popularity of organic and sustainable farming are increasing drastically. While the consumers are often sceptical about the food products that they consume, Dubai and New Delhi-based Barton Breeze is growing safe, delicious and healthy food while relying on analytics and AI. It offers top-quality products that are grown locally in nutrient-rich water without pesticides. The crops are harvested weekly and delivered to sales outlets within a couple of hours.

Following the principle of ‘living lettuce’, it follows a method where roots are left intact, which makes it last longer. The startup also follows vertical gardening where it uses vertically stacked growing beds, up to five levels high using less than 1% of the space required by the conventional growing, a precious commodity in densely populated urban areas.

After graduating from IIM Ahmedabad, Singh started working on a pilot project around hydroponics and set up two container farms in Dubai. “During this time I thought, a country like India with profound climate changes needs this technology more than anyone else,” he says. Soon after, Barton Breeze was established in 2015 in Dubai, UAE, with a mission for technology innovation in agriculture. As Singh recalls, the journey initially was challenging and well expected, but with the right vision, it became unstoppable.

2020-10-13 Read the Full Story…

Working with NLP datasets in Python

Tutorial: Comparing the new HuggingFace Datasets library with the TensorFlow Datasets library and other options

In the field of Deep Learning, datasets are an essential part of every project. To train a neural network that can handle new situations, one has to use a dataset that represents the upcoming scenarios of the world. An image classification model trained on animal images will not perform well on a car classification task.
2020-10-19 12:19:18.940000+00:00 Read the full story…
Weighted Interest Score: 6.8248, Raw Interest Score: 1.8462,
Positive Sentiment: 0.0726, Negative Sentiment 0.0726

RBC Capital Markets Launches AI-powered Trading Platform

RBC Capital Markets launches Aiden® – a new AI-powered electronic trading platform

Traders and AI scientists at RBC and Borealis AI collaborate to deliver a real-world AI solution to help improve trading results and insights for clients in a measurable and explainable way

TORONTO, October 14, 2020 – RBC Capital Markets today announced the launch of Aiden®, an AI-based electronic trading platform that uses the computational power of deep reinforcement learning in its pursuit of improved trading results and insights for clients.

The Aiden® platform was developed jointly by RBC Capital Markets and Borealis AI, a world-class AI research center created by RBC, as traders and AI scientists worked side-by-side to create the initial bold concept and deliver a real-world solution. In doing so, both organizations undertook one of the biggest challenges in the field of AI today – applying deep reinforcement learning into a constantly changing environment like equities trading, with measurable and explainable results for its users.

2020-10-14 13:15:08+00:00 Read the full story…
Weighted Interest Score: 6.4714, Raw Interest Score: 2.3261,
Positive Sentiment: 0.3292, Negative Sentiment 0.1756

CloudQuant Thoughts : Whilst much of the time one should take AI and Trading with a massive pinch of salt, one must not forget that IEX founders are ex-RBC people and THOR was an incredibly popular algo created by RBC to very effectively thwart HFTs and their “disappearing quotes”.

AI Governance Rises to the Top of the Stack

Artificial intelligence (AI) is running amok, or so that’s the general perception these days. AI governance is important because the stakes are so high for getting AI right and consequences so dire if we screw it up. Governance must be approached from a risk management perspective. AI’s principal risk factors are in the following areas:

  • Can we prevent AI from invading people’s privacy?
  • Can we eliminate socioeconomic biases that may be baked into AI-driven applications?
  • Can we ensure that AI-driven processes are entirely transparent, explicable, and interpretable to average humans?
  • Can we engineer AI algorithms so that there’s always a clear indication of human accountability, responsibility, and liability for their algorithmic outcomes?
  • Can we build ethical and moral principles into AI algorithms so that they weigh the full set of human considerations into decisions that may have life-or-death consequences?
  • Can we automatically align AI applications with stakeholder values, or at least build in the ability to compromise in exceptional cases, thereby preventing the emergence of rogue bots in autonomous decision-making scenarios?
  • Can we throttle AI-driven decision making in circumstances where the uncertainty is too great to justify autonomous actions?
  • Can we institute failsafe procedure so that humans may take back control when automated AI applications reach the limits of their competency?
  • Can we ensure that AI-driven applications behave in consistent, predictable patterns, free from unintended side effects, even when they are required to dynamically adapt to changing circumstances?
  • Can we protect AI applications from adversarial attacks that are designed to exploit vulnerabilities in their underlying statistical algorithms?
  • Can we design AI algorithms that fail gracefully, rather than catastrophically, when the environment data departs significantly from circumstances for which they were trained?

2020-10-13 00:00:00 Read the full story…
Weighted Interest Score: 5.5953, Raw Interest Score: 2.2791,
Positive Sentiment: 0.1057, Negative Sentiment 0.2702

Alation Partners with Dataiku to Improve Governance of Sensitive Data for AI Models

Alation, a provider of enterprise data intelligence solutions, has formed a partnership with Dataiku, an enterprise AI and machine learning platform, to ensure that sensitive data used to create AI and machine-learning models is properly classified and governed.

According to Alation, data science teams depend on its technology for critical insight into the right data to use, enabling them to find and understand trusted data with deep context for data modeling. With the Alation and Dataiku integration, data scientists have immediate access to curated data ingested directly into Dataiku. Models trained in Dataiku can then be governed and shared within Alation, making data science insights available to a broader user group throughout the organization. The integration will result in decreased time spent searching for data and subject matter experts, while also ensuring data quality.

2020-10-13 00:00:00 Read the full story…
Weighted Interest Score: 5.2168, Raw Interest Score: 2.7095,
Positive Sentiment: 0.1890, Negative Sentiment 0.1260

Generating Suitable ML Models Using LazyPredict Python Tool

While building machine learning models we are not sure which algorithm should work well with the given dataset, hence we end up trying many models and keep iterating until we get proper accuracy. Have you ever thought about getting all the basic algorithms at once to predict for model performance?

LazyPredict is a module helpful for this purpose. LazyPredict will generate all the basic machine learning algorithms’ performances on your model. Along with the accuracy score, LazyPredict provides certain evaluation metrics and the time taken by each model.

Lazypredict is an open-source python package created by Shankar Rao Pandala. Development and contribution to this are still going.

2020-10-18 12:30:00+00:00 Read the full story…
Weighted Interest Score: 4.2334, Raw Interest Score: 1.6213,
Positive Sentiment: 0.0523, Negative Sentiment 0.1918

CompassRed to Create a Data Innovation Lab to Address COVID-19

CompassRed, a data analytics and artificial intelligence company, will use its $2 million grant from the CARES Act to fund a Data Innovation Lab to accelerate the use of data insights and intelligence to address COVID-related issues in the Mid-Atlantic region.

“This grant recognizes the tremendous potential of data innovations to create jobs, stimulate the economy and build on the existing regional strengths we have already in the analytics space,” said Patrick Callahan, CEO, CompassRed. “Funding will develop new discoveries and technologies to help companies and the data industry evolve together. Potential applications include improved automation and transformation for businesses impacted by COVID-19, including enhanced pandemic analytics and data visualization strategies.”

The goal of the Data Innovation Lab will be to engage local and global organizations in an ongoing conversation around the use of advanced data analytics and artificial intelligence to fast forward research ideas out of the lab and into the marketplace.

2020-10-16 00:00:00 Read the full story…
Weighted Interest Score: 4.0354, Raw Interest Score: 2.0476,
Positive Sentiment: 0.6641, Negative Sentiment 0.0553

Dataloop Drives Labeling Into the DataOps Pipeline

Data is the fuel for machine learning, but the data needs to be accurately labeled for the machines to learn. To that end, data training startup Dataloop yesterday unveiled that it’s received $11 million in Series A funding to build SaaS data pipelines that combine human supervision of the data annotation process, along with data management capabilities.

Today’s computer vision models are extremely powerful, and the ones based on deep learning approaches can exceed human capabilities. From self-driving cars navigating in the world to programs that can accurate diagnose diseases in MRI images, the potential uses for Ais built upon convolutional neural networks are astonishingly wide.

2020-10-16 00:00:00 Read the full story…
Weighted Interest Score: 4.0329, Raw Interest Score: 2.0719,
Positive Sentiment: 0.1268, Negative Sentiment 0.1268

BMO Increases Match Rate With Liquidity Awareness Signal

BMO Capital Markets has developed an algorithm which the bank said can achieve a nearly 500% improvement in hit rates for midpoint orders by increasing the probability of finding liquidity for a specific order type at different venues.

Ray Ross, co-head of electronic trading at Bank of Montreal (BMO Capital Markets), told Markets Media that the firm developed the Liquidity Awareness Signal because of the fragmentation of liquidity in the US equity market. Three new US equity exchanges launched last month taking the total to 16. In addition, there are more than 30 dark pools, as well as single-dealer venues.

Ross explained that the signal uses machine learning to analyse patterns amongst millions of trades. “Different orders behave differently on different venues,” he added. “They also have different decay rates – the length of time for which the signal is useful for future trading.” The bank said that using the dynamic signal means it is possible to achieve a nearly 500% improvement in hit rates for midpoint orders. “We knew hit rates would go up but it was a question of working out how to leverage the data,” said Ross. “The more trading is done, the more powerful the signal becomes.”

2020-10-13 09:35:35+00:00 Read the full story…
Weighted Interest Score: 3.9989, Raw Interest Score: 1.6903,
Positive Sentiment: 0.4362, Negative Sentiment 0.0545

Data Governance in Operations Needed to Ensure Clean Data for AI Projects

Organizations relying on AI and machine learning applications need to have a plan for data governance, to bridge operations and strategic vision. (Credit: Getty Images)
By AI Trends Staff

Data governance in data-driven organizations is a set of practices and guidelines that define where responsibility for data quality lives. The guidelines support the operation’s business model, especially if AI and machine learning applications are at work.

Data governance is an operations issue, existing between strategy and the daily management of operations, suggests a recent account in the MIT Sloan Management Review.

“Data governance should be a bridge that translates a strategic vision acknowledging the importance of data for the organization and codifying it into practices and guidelines that support operations, ensuring that products and services are delivered to customers,” stated author Gregory Vial is an assistant professor of IT at HEC Montréal.

2020-10-15 14:10:52+00:00 Read the full story…
Weighted Interest Score: 3.9963, Raw Interest Score: 2.0944,
Positive Sentiment: 0.1286, Negative Sentiment 0.1286

Tellius is Now Available on the AWS Marketplace

Tellius, the decision intelligence company, announced that the Tellius platform is available in AWS Marketplace, allowing customers to try, purchase, and deploy Tellius within their AWS account. Tellius offers a decision intelligence platform for business and analytics teams to make smarter decisions from their enterprise data using AI-driven Guided Insights.

“Tellius’ purpose is to accelerate data-driven decision making and make it accessible to every organization,” says Ajay Khanna, Founder and CEO, Tellius. “Offering Tellius in AWS Marketplace simplifies the procurement and deployment process so customers can focus on generating the insights from all their data to give them strategic advantage.”

Tellius’ listing in AWS Marketplace gives organizations a faster way to understand ‘what’ is driving business performance and uncover the reasons ‘why’ metrics change with machine learning automation and enhanced data scalability.

2020-10-13 00:00:00 Read the full story…
Weighted Interest Score: 3.8172, Raw Interest Score: 2.2212,
Positive Sentiment: 0.0945, Negative Sentiment 0.1890

Top 100 Banks Using Social Media for the Third Quarter of 2020

The top banks using social media usage ranked by their overall Power 100 score for the third quarter of 2020.

2020-10-12 00:14:48+00:00 Read the full story…
Weighted Interest Score: 3.6822, Raw Interest Score: 2.1318,
Positive Sentiment: 0.5814, Negative Sentiment 0.2907

FinTech Futures Jobs: five exciting fintechs that are hiring now

As the world begins to settle into what we’re calling the “new norm”, many companies are starting to hire once more, and talent has started to take notice.

The fintech sector is one that is thriving. In fact, the global fintech market is predicted to grow at a rate of almost 25% annually over the next couple of years, making it one of the most exciting industries to be involved in at the moment.

There are so many companies doing interesting things in the fintech sphere and looking for talent – and we’ve put five of them in the spotlight (do check out our job portal for all available vacancies!):

  1. Cleo AI
  2. BNY Mellon
  3. Monzo
  4. OakNorth
  5. Chip

2020-10-15 17:28:34+00:00 Read the full story…
Weighted Interest Score: 3.6632, Raw Interest Score: 1.5662,
Positive Sentiment: 0.2660, Negative Sentiment 0.0296

IBM Launches Artificial Intelligence Centre In Brazil

Introduced in 2019, by IBM, Brazil has launched the largest research facility, that focuses on artificial intelligence, through a collaboration between the private and public sector.

The Artificial Intelligence Center (C4AI) is supported by investments made by IBM along with the São Paulo Research Foundation (FAPESP) and the University of São Paulo (USP).

This AI centre — C4AI has been established to tackle five significant challenges that are related to health, the environment, the food production chain, the future of work and the development of NLP technologies in Portuguese. Along with this, it will also aid in projects relating to human wellbeing improvement as well as initiatives focused on diversity and inclusion.

2020-10-15 11:33:41+00:00 Read the full story…
Weighted Interest Score: 3.5759, Raw Interest Score: 1.4191,
Positive Sentiment: 0.2208, Negative Sentiment 0.0946

IIT-Jodhpur Launches Undergraduate Programme in AI & Data Science

he Indian Institute of Technology Jodhpur is launching a new BTech programme in artificial intelligence and data science from the academic session 2020-21. The new undergraduate programme will have courses in computer science, mathematics, artificial intelligence, machine learning, data science, and their applications in various domains.

According to the institute, students, once opted for the course, will be able to take a specialisation in various areas including visual computing, socio-digital realities, language technologies, robotics, and artificial intelligence and others. In IIT-Jodhpur’s official release, it has been mentioned that, with the course, enrolling students will also have the option to take up MBA (tech) in their fifth year as a dual-degree option in the School of Management and Entrepreneurship.

Prof Santanu Chaudhury, Director, IIT-Jodhpur, said that, with the vision of creating AI for everything, “students belonging to the academic programmes in artificial intelligence, data and computational sciences will be part of scientific innovations for addressing local and global engineering and social problems in close collaboration with industry.”

2020-10-12 Read the Full Story…

Automation and AI: Challenges and Opportunities

Businesses across the globe are fascinated with the idea of AI and automation because this advanced technology promises operational efficiency, enhanced processes, and substantial cost savings. However, AI and its allied technologies have also created uncertainties, confusion, and doubts about the human capability for adopting, deploying, and executing these magical systems in actual business situations — simply because the business leaders and operators are still all humans.

Today, it is widely acknowledged that automation and AI technologies will gradually transform the global workplace, with intelligent machines performing human tasks in some cases and aiding the human in other cases. The presence of robotic machines in the workplace will ultimately increase efficiency and reduce costs. As a result, many human occupations will disappear, while others will adapt to technology-enabled roles

Although businesses have shown a recent trend of hiring AI developers at a breakneck speed to fulfill their in-house automation needs, few understand the fundamental challenges that this technology brings with it. As a result, the “AI comfort zone” is still missing in enterprise business circles, and business operators are still doubtful about the cost benefits associated with AI.

2020-10-13 Read the full story…

Watson AI is Debatable

An AI system under development by IBM researchers seeks to move its Watson platform beyond chess matches and game shows, combining natural language processing (NLP), listening comprehension and the ability to model human dilemmas to create an agile debating machine.

Project Debater also uses sentiment analysis, deep neural networks and machine learning techniques to “mine” the claims and evidence behind an argument. The debater can tackle subjects it has not been trained on, instead scanning text and key sentences in minutes, selecting the strongest evidence for its position, then delivering an open statement in debates with humans.

It then listens to an opponent’s response before formulating a rebuttal. Rather than an academic exercise, the AI research is intended to augment human decision makers with tools that will inform their decisions. The six-year-old AI project has so far generated 45 technical papers and benchmarked data sets on subjects ranging from NLP and “argument mining” to “weak supervision” deep neural networks. In a reference to the rise of “Fake News,” IBM researchers note the need for better decision-making tools in a “world awash in information, misinformation and superficial thinking.”

2020-10-13 00:00:00 Read the full story…
Weighted Interest Score: 3.1660, Raw Interest Score: 1.6075,
Positive Sentiment: 0.1005, Negative Sentiment 0.4689

ai-automation-the-smaller-smarter-future-of-agencies

The future of the “agency” is being shaped by technology. The belief that artificial intelligence and machines will displace human labor is pervasive across many industries. For agencies, embracing artificial intelligence (AI) and intelligent automation (IA) comes with trepidation that the human side of creativity will be forever lost. Even though AI tantalizes marketers with a fantasy of computer creators that won’t push back and enamors agency executives with the prospect of offsetting outmoded labor models, there’s a problem with this narrative: AI won’t demolish the agency. It will enhance them.

Our future is a human plus machine, not a machine or human alone. When asked whether humans or computers will dominate future chess competitions, world champion Garry Kasparov said neither: A human with a computer will dominate both. The inimitable spark of human creativity and intuition shines through to complement the computers. The same is true for agencies. AI and intelligent automation combined with agencies’ experts will transform the work agencies do. For instance, data science has taken control of the insights role, producing near-real-time understanding of audiences and objectives. The velocity of content production is propelled by the speed and scale of technology plus data. AI and automation are pushing the boundaries of creativity by optimizing copy and dynamically compiling digital advertising. Media plans and channels are selected with the assistance of algorithms. And bots are administering the HR, IT, finance, and ad ops tasks.

2020-10-15 15:10:38-04:00 Read the full story…
Weighted Interest Score: 3.1069, Raw Interest Score: 1.6638,
Positive Sentiment: 0.6278, Negative Sentiment 0.2511

Five Ways Your Business Can Transform into a Data Innovator

My company, Splunk, recently partnered with ESG Research to uncover the true value of data to businesses. With the COVID-19 pandemic, the lessons from this research have become more important: Companies that have a grasp of their data and can innovate will be able to open their doors and get back to business faster than those who don’t.

Our research (which you can access here) identified three distinct stages of data maturity, defined by a company’s sophistication in discovering and operationalizing all data. We called them Data Deliberators, Data Adopters, and Data Innovators.

Data Deliberators are the least mature. Often, data silos and isolated information exists within these organizations, rendering it “dark” to the rest of an organization. They know that they need to start their digital transformation, but often don’t know how to accelerate those initiatives to create business outcomes.

Two-fifths of companies surveyed fall into the next category: Data Adopters. For Data Adopters the mission is clear: uncovering data is their organization’s most important IT priority. Better yet, they’re dedicating the resources necessary to make the most of their data, and 80% of Adopters have a chief data officer (CDO) or equivalent leading the charge.

Finally, the most sophisticated data organizations are Data Innovators.

2020-10-15 00:00:00 Read the full story…
Weighted Interest Score: 3.0268, Raw Interest Score: 1.5713,
Positive Sentiment: 0.7443, Negative Sentiment 0.2316

What are the important principles of data visualization?

The architecture of the data visualization must be focused on the empowerment of your company. To do so, there are important principles that need to be practiced. In this article, you can explore Data Visualisation, what visual encoding techniques should be considered, how you can refine the visualization and, what do you mean by narrative visualization?

What do you mean by Data Visualization? : Data visualization is the process of translating raw data into graphs, images that explain numbers and allow us to gain insight into them. It shifts the way we make use of the knowledge to build meaning out of it, to find new patterns, and to identify trends.

We, as humans, quickly comprehend information by visualization. In layman’s terms, data visualization is the graphical representation of the data procured. This allows decision-makers to move more effectively on the basis of the evidence visualized and presented. Visualization of data can help businesses.

2020-10-19 12:30:37.644000+00:00 Read the full story…
Weighted Interest Score: 3.0211, Raw Interest Score: 1.4253,
Positive Sentiment: 0.1705, Negative Sentiment 0.1584

Guided Labeling Episode 5: Blending Knowledge with Weak Supervision

Welcome to the fifth episode of our Guided Labeling Blog Series.In the last four episodes, we introduced Active Learning and a practical example with body mass index data, which shows how to perform active learning sampling via the technique “exploration vs exploitation”. This technique employs label density and model uncertainty to select which rows should be labeled first by the user of our active learning application.

The other episodes are here:

  1. An Introduction to Active Learning
  2. Label Density
  3. Model Uncertainty
  4. From Exploration to Exploitation

2020-10-16 07:35:31+00:00 Read the full story…
Weighted Interest Score: 2.9318, Raw Interest Score: 1.5822,
Positive Sentiment: 0.1868, Negative Sentiment 0.1319

Three Necessities for a Modern Analytics Ecosystem

Now, more than ever, enterprises need speed, agility, and insight to navigate today’s rapidly-changing business environments. Fast, actionable intelligence is a universal goal. However, making the right data available to the right people at the right time is an ongoing challenge. To cover the full spectrum of enterprise data — and the diverse needs of enterprise data users — traditional data warehousing and analytics systems need to be reexamined.

Join us for a special webinar on October 15th that dives into the three necessities for a modern analytics ecosystem today:

  • A Public Cloud Strategy: Public clouds enable a new era of application and data management while freeing companies from costly infrastructure administration and resource constraints necessary for data warehouses to reach their full potential.
  • An Integrated Data and Analytics Ecosystem: Modernizing the analytics ecosystem may begin with cloud data lakes or data science teams, but it is necessary to have a data warehouse within the cloud environment for integrated and defined data hubs and subject areas to draw upon.
  • A Streaming Data-First Strategy: Embracing a paradigm whereby all data flows in streams resets the common denominator for all analytics applications to leverage easily and faster.

2020-10-15 00:00:00 Read the full story…
Weighted Interest Score: 2.9044, Raw Interest Score: 1.5523,
Positive Sentiment: 0.3005, Negative Sentiment 0.2003

Image Classification in Python with Keras

Have you ever stumbled upon a dataset or an image and wondered if you could create a system capable of differentiating or identifying the image?

The concept of image classification will help us with that. Image Classification is one of the hottest applications of computer vision and a must-know concept for anyone wanting to land a role in this field.

In this article, we will see a very simple but highly used application that is Image Classification. Not only will we see how to make a simple and efficient model classify the data but also learn how to implement a pre-trained model and compare the performance of the two.

By the end of the article, you will be able to find a dataset of your own and implement image classification with ease.

Prerequisites before you get started:

  • Python programming
  • Keras and its modules
  • Basic understanding of Image Classification
  • Convolutional Neural Networks and its implementation
  • Basic understanding of Transfer learning

2020-10-16 08:10:24+00:00 Read the full story…
Weighted Interest Score: 2.8991, Raw Interest Score: 1.3928,
Positive Sentiment: 0.2659, Negative Sentiment 0.2089

Building an End to End Image Classification

In the recent years, face recognition applications have been developed on a much larger scale. Image classification and recognition has evolved and is being used at a number of places. I recently read an article where a face recognition application has been deployed at one of the airports for a completely automated check in process.

This will alleviate the need for manual intervention and provide a seamless end to end check in process via technology. It looks like a magical application for normal human beings but I will be talk about what is required for you to build an application of this kind on your own mobile phone.

  • Face Recognition – Phone cameras use face recognition for unlocking the phone. Face recognition systems could be deployed at entry gates of office buildings.
  • Image Classification – It is used for distinguishing between multiple image sets. Industries like automobile, retail, gaming etc. are using this for multiple purposes.
  • Image Recognition – Security companies use image recognition for detecting various things in bags at the airports, image scanners etc.

Steps to Build the App:

  • Obtain the Data
  • Data preparation
  • Data Modelling
  • Design the User Interface
  • Integrate User Interface and Modelling

2020-10-14 14:37:56+00:00 Read the full story…
Weighted Interest Score: 2.8226, Raw Interest Score: 1.4113,
Positive Sentiment: 0.1008, Negative Sentiment 0.0576

Enabling DataOps for Analytics

Modern enterprises need to quickly deliver the right data to a growing data consumer audience to drive strategic initiatives, often encompassing data science and machine learning, and thereby create competitive advantage. But many of these projects are failing because yesterday’s processes and systems can no longer meet today’s analytics requirements. Traditional data pipelines are breaking, and data quality is suffering.

We know well that data consumers’ expectations are rising. Analytics within the lines of business are demanding ever-higher volumes, variety and velocity of data, as well as rapid data transformation for analytics. Their SLAs are increasingly difficult to meet. Data managers within IT, meanwhile, are struggling with legacy systems and processes that were built for longer, batch-oriented cycle times. These two groups tend to speak different languages, further complicating efforts to collaborate.

DataOps seeks to fix these imbalances and put data-driven initiatives back on a sustainable footing. This emerging discipline encompasses processes and technologies that improve the speed, efficiency and flexibility of data pipelines. It incorporates agile development methodology, rapid response to user feedback and continuous data integration. Picture the lean manufacturing process, with data as the product.

2020-10-19 00:00:00 Read the full story…
Weighted Interest Score: 2.7977, Raw Interest Score: 1.5665,
Positive Sentiment: 0.4366, Negative Sentiment 0.2054

Modern Data Warehousing: Enterprise Must-Haves

THURSDAY, NOVEMBER 19, 2020 – 11:00 am PT / 2:00 pm ET

To fit into modern analytics ecosystems, legacy data warehouses must evolve – both architecturally and technologically – to deliver the agility, scalability and flexibility that business need to thrive in today’s data-driven economy. Alongside new architectural approaches, a variety of technologies have emerged as key ingredients of modern data warehousing, from data virtualization and cloud services, to Hadoop and Spark, and machine learning and automation. To educate IT decision makers and data warehousing professionals about the must-have capabilities for modern data warehousing today – how they work and how best to use them – DBTA is hosting a special roundtable webinar on November 19th.

2020-11-19 00:00:00 Read the full story…
Weighted Interest Score: 2.7871, Raw Interest Score: 1.7877,
Positive Sentiment: 0.1117, Negative Sentiment 0.0000

Informatica Likes Its Chances in the Cloud

Quick: Name a company that made its name in the 1990s and 2000s by providing data integration tools for enterprise analytics running in on-prem data centers, but has since pivoted the cloud and was even named Snowflake’s partner of the year? If you said “Informatica,” then give yourself a green checkmark.

Informatica was born at the dawn of the data warehousing age, when Fortune 500 firms employed millions of people and spent billions of dollars to ensure their operational data was thoroughly cleansed and rationalized and stored in third-normal firm so that SQL-loving analysts write build reports describing what just happened, and also what to expect.

2020-10-13 00:00:00 Read the full story…
Weighted Interest Score: 2.6719, Raw Interest Score: 1.5773,
Positive Sentiment: 0.2191, Negative Sentiment 0.0876

Why the focus on risk weighted asset optimisation is increasing

The ongoing pandemic continues to impact banks and financial institutions globally. Regulatory bodies have reduced interest rates and provided moratoriums to ease the financial pressures on the end consumers, but the impact of such moves have resulted in a severe liquidity crunch for the financial institutions thereby impairing their profitability.

To reduce the liquidity pressure on the industry, regulators and central banks have also taken certain steps such as:

  • The US Federal Reserve purchasing $700 billion of longer-dated bonds to help markets function smoothly,
  • Bank of England putting its stress test on hold this year and advising banks to tap into £23 billion from their countercyclical capital buffers, reducing the same to 0% for next 12 months,
  • In Europe, EU-wide stress test exercises have been postponed to 2021.

While the above directives have provided some relief to banks these institutions are also assessing alternative avenues to help them free-up capital that can enable them to seamlessly continue with business operations. One such opportunity lies in optimising any risk weighted assets (RWAs), which is an integral part of the capital adequacy ratio (CAR) calculation process.

2020-10-16 00:00:26+00:00 Read the full story…
Weighted Interest Score: 2.6297, Raw Interest Score: 1.3866,
Positive Sentiment: 0.2152, Negative Sentiment 0.2630

Top Technology Jobs, Skills That Google Is Hiring For (clue – Python programmers!)

Work at Google is undergoing some big, systemic changes. At the end of September, Google CEO Sundar Pichai (who’s also CEO of Alphabet, parent company of Google) announced that employees could adopt a “hybrid” schedule, working from home for part of the week if they so desired.

Pichai announced that decision after Google’s internal surveys showed that a majority of employees only wanted to come into the office on some days. By offering that flexibility, Google stays competitive with Microsoft and other firms that are also adopting hybridized schedules for employees.

As Google moves into this new era, what kinds of jobs is it hiring for, and what skills does it need? We’ve noted before how the bulk of Google’s hiring seems focused on the fundamentals—popular programming languages such as Python and Java, and roles such as software developers. That hasn’t changed in our most recent analysis of data from Burning Glass, which collects and analyzes millions of job postings from across the country.

Here’s the breakdown of tech jobs that Google has hired for over the past 60 days:

2020-10-15 00:00:00 Read the full story…
Weighted Interest Score: 2.6044, Raw Interest Score: 1.9859,
Positive Sentiment: 0.2482, Negative Sentiment 0.0414

The Top Trends in Data Management for 2021

THURSDAY, DECEMBER 10, 2020 – 11:00 am PT / 2:00 pm ET

From the rise of hybrid and multicloud architectures, to the impact of machine learning and automation, the business of data management is constantly evolving with new technologies, strategies, challenges and opportunities. The demand for fast, wide-range access to information is growing. At the same time, the need to effectively integrate, govern, protect and analyze data is also intensifying. All the while, data environments are increasing in size and complexity — traversing relational and non-relational databases, transactional and analytical systems, and on-premises and cloud sites.

Join us for a special expert panel on December 10th to dive into the key technologies and strategies to keep on your radar for 2021.

2020-12-10 00:00:00 Read the full story…
Weighted Interest Score: 2.5974, Raw Interest Score: 1.6729,
Positive Sentiment: 0.0929, Negative Sentiment 0.0929

Google Analytics 4 Released: Key AI/ML-Based Enhancements

Google has announced an overhauled version of Google Analytics. In one of the major revamps of the platform, in a decade, the new Google Analytics is built on the foundation of App+Web property, whose beta was introduced in 2019. The new Google Analytics has machine learning at its core and allows integration between analytics and Google Ads. The company claims that this would help customers manage their data better and can bear industry disruptions.

Among the most significant changes, the new analytics will alert the user of the significant trends in their data. Further, one can also anticipate actions that customers may take in the future. Other features include the addition of new predictive metrics. The company claims that such insights can help users and business owners achieve high-value customers and improve results by taking steps like analysis of customer expenditure patterns.

2020-10-17 10:30:57+00:00 Read the full story…
Weighted Interest Score: 2.3831, Raw Interest Score: 1.5000,
Positive Sentiment: 0.2500, Negative Sentiment 0.1136

Deep Learning based Recommender Systems

Traditionally, recommender systems are based on methods such as clustering, nearest neighbor and matrix factorization. However, in recent years, deep learning has yielded tremendous success across multiple domains, from image recognition to natural language processing. Recommender systems have also benefited from deep learning’s success. In fact, today’s state-of-the-art recommender systems such as those at Youtube and Amazon are powered by complex deep learning systems, and less so on traditional methods.

Why this tutorial? While reading through the many useful tutorials here that covers the basics of recommender systems using traditional methods such as matrix factorization, I noticed that there is a lack of tutorials that cover deep learning based recommender systems. In this notebook, we’ll go through the following:

  • How to create your own deep learning based recommender system using PyTorch Lightning
  • The difference between implicit and explicit feedback for recommender systems
  • How to train-test split a dataset for training recommender systems without introducing biases and data leakages
  • Metrics for evaluating recommender systems (hint: accuracy or RMSE is not appropriate!)

2020-10-19 02:56:35.148000+00:00 Read the full story…
Weighted Interest Score: 2.3627, Raw Interest Score: 1.0133,
Positive Sentiment: 0.1779, Negative Sentiment 0.0774

Artificial Intelligence And Africa: The Case For Investing In African Telecoms

Rapid advances in technology, connectivity and telecommunications are conspiring to make Africa’s large, rapidly growing population a valuable asset for the automation revolution. It is imperative that Africa quickly develop agency in data and artificial intelligence and it will be lucrative for investors who support them by financing Africa’s telecom and data backbone.

Africa must urgently develop cogent digital strategy. This at first seems fanciful, or even superfluous, given the continent’s relative lack of more basic development. Indeed, there are myriad other challenges to which most would assign primacy. However, by setting their sights on participating in the ongoing fourth industrial revolution, developing nations in Africa may be able to chart a navigable course to rapidly raising living standards. With the window for pursuing labor led industrial development narrowing, Africa can’t afford to take a gradual approach towards rapidly matching prevailing technological standards. Several opportunities are open to Africa within the corridors of the coming age of hyperconnectivity and automation. Africa focused investors will be well served by a bold approach to the continent’s digital infrastructure.

2020-10-19 00:00:00 Read the full story…
Weighted Interest Score: 2.3583, Raw Interest Score: 1.2828,
Positive Sentiment: 0.3057, Negative Sentiment 0.1928

BMC’s 2020 Mainframe Survey Reveals New Strategic Priorities

BMC has announced the results of its 15th Annual Mainframe Survey. The findings reveal strong support for mainstreaming the mainframe, new strategic priorities, and a resurgence of next-generation mainframe talent.

The survey drew responses from more than 1,000 executives and practitioners on their priorities, challenges, and growth opportunities for the platform.

Insights from the survey results include the following:

  • 90% of respondents see the mainframe as a platform for growth and long-term applications.
  • 78% of respondents want to be able to update mainframe applications more frequently than currently possible.
  • 68% expect MIPS, the mainframe’s measure of computing performance, to grow.
  • 63% of respondents say security and compliance were their top mainframe priorities.
  • More than half of respondents (54%) reported an increase in transaction volume and 47% reported an increase in data volumes.

2020-10-19 00:00:00 Read the full story…
Weighted Interest Score: 2.2866, Raw Interest Score: 1.3486,
Positive Sentiment: 0.3678, Negative Sentiment 0.0409

Charts speak a thousand words – Cuemacro

I probably haven’t had as many burgers in recent months as usual. However, I am of endeavouring to make up for that in the coming months! The thing with burgers is, that it’s not just about the taste. It’s also about how good it looks. Even the tastiest burger in the world isn’t going to appeal quite as much if it doesn’t exactly look the part. Presentation is important with burgers, just as it is with food more broadly. It’s just that in general presentation might seem like a bit of an afterthought, compared with the actual cooking itself.

When it comes to analysing financial markets and data science more broadly, all the buzzwords seem to be about machine learning, artificial intelligence and so on, and for good reason. However, what’s even more important? Being able to understand and communicate your results not just to yourself but others. Obviously, in recent months the coronavirus crisis has really highlighted how important it is to be able to communicate what data is to the general public and not purely to statisticians.

Having tables and tables of numbers isn’t really that optimal for presenting your analysis, particularly if your audience isn’t technical. Even if they are technical, no one really wants to go through pages and pages of tables anyway. Having effective visualisation is key to presenting your results. Of course, we could opt for a simple line chart if we are presenting a time series. Or we can go one further step and use a candlestick chart if we are looking at P&L? Or maybe we can use some box plots?

2020-10-17 00:00:00 Read the full story…
Weighted Interest Score: 2.2856, Raw Interest Score: 1.0455,
Positive Sentiment: 0.2261, Negative Sentiment 0.0848

8 Powerful Hacks to Ace Data Science Hackathons

Data science hackathons can be a tough nut to crack, especially for beginners. Here are 12 powerful tips to crack your next data science hackathon!

Introduction : Like any discipline, data science also has a lot of “folk wisdom”. This folk wisdom is hard to teach formally or in a structured manner but it’s still crucial for success, both in the industry as well as in data science hackathons.

Newcomers in data science often form the impression that knowing all machine learning algorithms would be a panacea to all machine learning problems. They tend to believe that once they know the most common algorithms (Gradient Boosting, Xtreme Gradient Boosting, Deep Learning architectures), they would be able to perform well in their roles/organizations or top these leaderboards in competitions. Sadly, that does not happen!

If you’re reading this, there’s a high chance you’ve participated in a data science hackathon (or several of them). I’ve personally struggled to improve my model’s performance in my initial hackathon days and it was quite a frustrating experience. I know a lot of newcomers who’ve faced the same obstacle.

So I decided to put together 12 powerful hacks that have helped me climb to the top echelons of hackathon leaderboards. Some of these hacks are straightforward and a few you’ll need to practice to master.

If you are a beginner in the world of Data Science Hackathons or someone who wants to master the art of competing in hackathons, you should definitely check out the third edition of HackLive – a guided community hackathon led by top hackers at Analytics Vidhya.

The 12 Tips to Ace Data Science Hackathons

  1. Understand the Problem Statement
  2. Build your Hypothesis Set
  3. Team Up
  4. Create a Generic Codebase
  5. Feature Engineering is the Key
  6. Ensemble (Almost) Always Wins
  7. Discuss! Collaborate!
  8. Trust Local Validation
  9. Keep Evolving
  10. Build hindsight to improve your foresight
  11. Refactor your code
  12. Improve iteratively

2020-10-12 00:00:00 Read the full story…
Weighted Interest Score: 2.1856, Raw Interest Score: 1.1777,
Positive Sentiment: 0.3103, Negative Sentiment 0.1340

Silent Eight leverages AI to detect and solve financial fraud

Silent Eight, a cybersecurity startup leveraging AI to combat crime, today closed a $15 million funding round. The company says the funds will be used to accelerate current hiring efforts and fuel customer acquisition as it expands to new geographies.

While technologies like embedded chip cards and two-factor authentication have helped reduce financial fraud, the problem remains widespread. According to a report from Javelin, the number of consumers falling victim to identity fraud exceeded 14 million in 2018. At least 3.3 million of those were held partially liable for fraud committed against them, with out-of-pocket costs hitting a record $1.7 billion.

Silent Eight’s platform claims to avert fraud by learning how to conduct investigations from past alerts. It recognizes anomalous behavior by drawing on databases and watchlists and provides a degree of transparency regarding financial decisions.

2020-10-18 00:00:00 Read the full story…
Weighted Interest Score: 2.1787, Raw Interest Score: 1.2322,
Positive Sentiment: 0.0948, Negative Sentiment 0.6319

An AWS exec says that it is ‘urgency that has replaced perfectionism’ as financial institutions double-down on cloud amid the pandemic

The financial industry has a reputation for being willing to try out emerging technology, like cloud or artificial intelligence.

JPMorgan Chase, for example, is already investing in quantum computing despite the tech being years away from robust commercial use and Bank of America and Nasdaq were well into their cloud migrations before this year, only to have the projects validated by the coronavirus pandemic. HSBC also expanded its cloud investments during the outbreak.

While others remain skeptical out of fear of housing sensitive client data in public servers, among other concerns, those that did make the investments may have had an easier time pivoting after the pandemic forced them to require employees to work from home — including call center workers.

Amazon Web Services managing director Scott Mullins said that the pandemic has also created a record-breaking volume of trading for its Wall Street customers, which AWS supported through enabling them to quickly scale their services to “peak processing demands at a moment’s notice.”

2020-10-17 00:00:00 Read the full story…
Weighted Interest Score: 2.1647, Raw Interest Score: 1.1828,
Positive Sentiment: 0.2901, Negative Sentiment 0.1116

Real-Life Angel Investing Returns 2012–2016

I have been doing angel investing since 2012 after the Facebook IPO. Since then I have invested in more than 150+ startups. 50+ of them are direct investments where my name is on the cap table and 100+ are through SPV (special purpose vehicles) and crowd funding platforms like AngelList, FundersClub and MicroVentures. When I first started, there was not a lot of public data about the returns of angel investing. 8 years later, there is still not a lot of public data about angel investing returns. Chances are returns vary a lot since the top 10% of the investments determine the performance of an angel portfolio. Therefore, the variance of the returns is quite high.
After all these years, I believe stronger that angel investments as an investment class is worth pursuing if you have the money and the time. When you invest in a startup, the money directly goes to the economy to build up a business, to create jobs and to actually contribute to the trickle down economy. On the contrary, investing in the public market is simply buying stocks from other investors. The money doesn’t directly go into the economy. In addition, I believe angel investors can earn better returns than the public market through diversification. We will get to that later but let me start with sharing my real-life angel investing returns.
2020-10-18 23:34:38.244000+00:00 Read the full story…
Weighted Interest Score: 2.1576, Raw Interest Score: 1.1177,
Positive Sentiment: 0.2257, Negative Sentiment 0.1182

Lightweight Kubernetes Pushes Orchestrator to the Edge

Kubernetes, the evolving cluster orchestrator, has gone on a diet, stepping off the scales as a lightweight, resilient clustering tool that switches to autopilot once three or more nodes are clustered.

The slimmed-down version dubbed MicroK8s automatically migrates stored data between nodes to maintain a “quorum” in the event of a production failure, Canonical said this week in unveiling the micro-version of Kubernetes. The Ubuntu OS publisher aims MicroK8 at production workloads increasingly running in cloud and server deployments.

Given the complexities of deploying Kubernetes in production, Canonical is stressing its lightweight version as a “zero-ops” alternative for maintaining cloud-based microservices and micro datacenters used for edge computing applications.

2020-10-15 00:00:00 Read the full story…
Weighted Interest Score: 2.1339, Raw Interest Score: 1.1170,
Positive Sentiment: 0.0986, Negative Sentiment 0.2300

AtScale 2020.4 Extends OLAP Capabilities to Snowflake

AtScale, a software provider for advanced analytics, is releasing the AtScale 2020.4 platform, extending Cloud Online Analytical Processing (OLAP) capabilities for cloud data platforms, including Snowflake and analytics applications like Microsoft Excel and Tableau.

In addition, the AtScale 2020.4 platform includes new functionality for accelerating feature engineering in artificial intelligence (AI) and machine learning (ML) workflows while ensuring consistency and governance of the business inputs.

“We are proud of our long-term partnerships with Snowflake, Microsoft, and Tableau,” said Christopher Lynch, executive chairman and CEO, AtScale. “Our joint customers have experienced unparalleled performance and cloud adoption while accelerating the time to realize return on investment. We continue to invest jointly in our customers and our 2020.4 release is no exception.”

2020-10-16 00:00:00 Read the full story…
Weighted Interest Score: 2.1170, Raw Interest Score: 1.5800,
Positive Sentiment: 0.2312, Negative Sentiment 0.0000


This news clip post is produced algorithmically based upon CloudQuant’s list of sites and focus items we find interesting. We used natural language processing (NLP) to determine an interest score, and to calculate the sentiment of the linked article using the Loughran and McDonald Sentiment Word Lists.

If you would like to add your blog or website to our search crawler, please email customer_success@cloudquant.com. We welcome all contributors.

This news clip and any CloudQuant comment is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation regarding a course of action. This information is provided with the understanding that CloudQuant is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation. You are responsible to make your own independent decision with respect to any course of action based on the content of this post.

The post AI & Machine Learning News. 19, October 2020 appeared first on CloudQuant.

CloudQuant announces a ground-breaking strategic partnership with Crux Informatics

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CloudQuant and Crux enter into a ground-breaking strategic partnership

October 20, 2020 – CloudQuant, the Big Data API and analysis platform for delivering datasets directly into users’ applications, today announced a ground-breaking strategic partnership with Crux Informatics (“Crux”). 

The agreement will enable CloudQuant’s PaaS analytics clients and Liberator(™) data firehose clients to quickly trial, onboard, and analyze data from Crux’s expansive network of data suppliers. The partnership enables end-users to access novel datasets, analysis tools, and expertise to quickly transform data into profits.

“Crux’s rapidly growing catalog of Alternative Data exponentially increases the amount of information we can research, backtest and showcase to investment managers and quantitative analysts,” said Morgan Slade, CloudQuant CEO.

John

Morgan Slade, CEO CloudQuant

“Our research team will develop investment strategies and educational material for many of the datasets on the Crux Deliver platform. This unique combination of Crux data with our research team and tech stack provides investment managers with immediate access to datasets, example strategies, and expertise to dramatically accelerate

Alternative Data adoption. Identifying and measuring the true alpha content in every worthy dataset leads to better decision making and ultimately better returns for their investors. Alternative Data providers will sell more data, all of which is accessible through a single API.”

Users can now access datasets delivered by Crux on the CloudQuant platform and via the Liberator firehose product. A link to CloudQuant’s research also will be added in the Crux Discover app.

“Alternative data providers need to demonstrate to investment managers that their data provides real value,” said Mike Rude, head of go-to-market at Crux Informatics. “This agreement paves the way for more quality data to be available in a clear, comprehensive format to meet the needs of investment managers. Now CloudQuant data customers have access to many more datasets and can make investment decisions with fewer errors and greater confidence.”

About CloudQuant

CloudQuant is a cloud-technology, Alternative Data and AI research company.  It brings together cutting-edge analytics tools, investment expertise, a vast repository of curated alternative datasets unified under its Liberator(™) data fabric. CloudQuant provides datasets, visualization tools, investment strategy backtesting, and AI research environments for institutional fundamental and quantamental investors. CloudQuant’s services and APIs can easily be integrated into existing technologies. For Data Vendors, CloudQuant provides alternative data redistribution to institutional investors, using a powerful, user-friendly, managed environment. Our verteran AI research team then provides expertise to transform that data into profits for data consumers. CloudQuant was founded in 2016 in Chicago, Illinois, USA.

www.cloudquant.com 

About Crux Informatics

Crux Informatics helps data suppliers accelerate delivery of any data product, in any format, to any end-customer destination. Its Crux Deliver managed service offers a simple, reliable and affordable solution to expand delivery and operations of their data products to customers. With ready-made API, cloud warehouse integrations, querying capabilities and operational support teams, data suppliers can leverage Crux infrastructure to scale the complex and resource intensive process of delivering data and help prevent sending data with potential errors to customers. Crux actively delivers and manages over 10K datasets from partnerships with over 100 data suppliers.

www.cruxinformatics.com

The post CloudQuant announces a ground-breaking strategic partnership with Crux Informatics appeared first on CloudQuant.

Danel Dateset

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Danel – Yet another CloudQuant White Paper Success!

CloudQuant continues to push white paper research into Alternative Datasets with its completion of analysis of the Danel Capital Data Set.

The Danel AI Score is a predictive equity rating score service for investment managers and professional investors. Each company of the S&P 500 is given a predictive equity rating score “the global Smart Score”, ranging from 1 to 10 according to its probability of outperforming the market over the next 30 days.

Our research uncovered Significant Alpha in their Dataset.

The most significant results were from going long the top 20% and short the bottom 4% of Danel Smart US AI Signals (Danel AI Signals)

For information on this or any of our other white papers and/or access to the data and back-test code used either…

Email Sales@CloudQuant.com,

Make an appointment to speak to a CloudQuant Representative,

Or fill in the form on the right to be contacted back by a CloudQuant Representative.

See also our Data Catalog and our Repository of White Papers.

The post Danel Dateset appeared first on CloudQuant.


Alternative Data News. 21, October 2020

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Alternative Data News. 21, October 2020

Alternative Data Newsletter

Finding sources and uses for alternative data can be difficult. At CloudQuant we regularly read and search the internet for new sources of data that can be used in our mission to find alpha signals and build quantitative trading strategies. We recognize that we are technology and data junkies so we wrote our own crawler that specifically seeks out web pages, posts, and news articles that give us a snapshot of what is going on in the world of Alt Data. The following is a collection of articles that we think you will find interesting from the past week.


Visit the CloudQuant Virtual booth at The Trading Show Europe

Tomorrow October 22nd 2020 starting 9am GMT, 5am EST

CloudQuant will be at The Trading Show Europe 2020 tomorrow. Registration is free. Be sure to swing by to discuss your data needs or how we can help you to distribute your Alternative Date Set to the widest possible audience in the financial industry.

In the last two weeks our researchers have released a number of White Papers proving the attainable Alpha contained in a number of the datasets we represent. Head over to our White Paper Repository for more info or jump to our Data Catalog to see the wide range of datasets we represent.

We look forward to meeting you!

Read the Full Story…

CloudQuant Thoughts : Registration is Free, come along and take a look around. We have work with the Trading Show before and it is always interesting, lots of educational presentations and panels.

CloudQuant and Crux enter into a ground-breaking strategic partnership

CloudQuant, the Big Data API and analysis platform for delivering datasets directly into users’ applications, today announced a ground-breaking strategic partnership with Crux Informatics (“Crux”).

The agreement will enable CloudQuant’s PaaS analytics clients and Liberator(™) data firehose clients to quickly trial, onboard, and analyze data from Crux’s expansive network of data suppliers. The partnership enables end-users to access novel datasets, analysis tools, and expertise to quickly transform data into profits.

“Crux’s rapidly growing catalog of Alternative Data exponentially increases the amount of information we can research, backtest and showcase to investment managers and quantitative analysts,” said Morgan Slade, CloudQuant CEO.

Read the Full Story…

CloudQuant Thoughts : We have been working with CRUX on this for some time and are finally able to make this partnership official. Crux give data scientists access to a huge variety of datasets and CloudQuant make that access as easy as π.

TSA checkpoint numbers exceed One Million for the first time since the start of the Covid outbreak!

CloudQuant Thoughts : It is great to see the Airline numbers finally get back above 1 million. However, if the surge in cases in Europe is replicated here it may start to pull it back down.

JobLink Data – Salary vs Experience and Education

Name of the dataset : JobLink Job Details
Data vendor : Quandl together with provider of labor market data
Time range : 2018-05-01 – 2019-04-03
What is shown : Distribution of log values as well as z-scores of minimum Salary ($K), minimum required Working Experience (years), minimum required Education level (score from 1 to 10) for Business and Financial Operations jobs and Finance and Insurance Industry overall. As can be seen from the charts, Minimum Salary, Experience and Education are highly correlated on both the job and industry levels.

CloudQuant Thoughts : For a change, we have a “Data Is Beautiful” post by one of our own researchers! Enjoy!

America’s Pandemic Progression in 60 Seconds (Make that 5 seconds, I am in a hurry!)

u/bgregory98 : I made this animation with R 3.6.1 using county-level COVID-19 case count data from the New York Times (https://github.com/nytimes/covid-19-data).

Counties are shaded based on how many new cases they’ve added within the past week per 10,000 people. The curve below the map shows a weekly average of daily new cases for the entire country.

Read the Full Story…

CloudQuant Thoughts : Original was 60 seconds and much higher resolution, I cut it down and speeded it up here and I froze it on the last image. A very nice animation of data, makes it quite clear to the viewer what is going on. Wisconsin is in trouble!


ESG Section

At CloudQuant we research and distribute Alternative Data Sets. Our aim is to make the process from “Data decision” to “Profit” as rapid as possible for the data consumer. We have an ETF dataset in our catalog that has demonstrated impressive performance over the last few years. Head over to our Data Catalog to find out more.

SSGA Launches Two Core ESG Fixed Income ETFs

State Street Global Advisors (SSGA), the asset management business of State Street Corporatio, today announces the launch of the SPDR Bloomberg SASB Euro Corporate ESG UCITS ETF (SPPR GY). A SPDR Bloomberg SASB U.S. Corporate ESG UCITS ETF (SPPU GY) will also launch on Monday 26 October. Together, the two new ETFs will provide access to European and U.S. Investment Grade corporate bonds transparently and efficiently, tracking proprietary index methodologies developed by Bloomberg Indices in collaboration with the Sustainability Accounting Standards Board (SASB).

The fixed income ETFs, SPPR GY and SPPU GY, seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the Bloomberg SASB Euro Corporate and U.S. Corporate ESG Ex-Controversies Select Indexes, while pursuing an effective, positively screened and benchmark aware ESG methodology.

2020-10-19 05:22:12+00:00 Read the full story…
Weighted Interest Score: 4.3908, Raw Interest Score: 2.1662,
Positive Sentiment: 0.3016, Negative Sentiment 0.1645

Gorman Says ESG Is ‘Not A Fad’

James Gorman, chairman and chief executive of Morgan Stanley, said the increase in interest in environmental, social and governance strategies is exploding and provides an extraordinary growth opportunity.

Gorman spoke as SIFMA’s 2020 Annual Meeting, The Virtual Capital Markets Conference, today. He said: “ESG is not a fad as it is what clients want. Interest is exploding and I am not surprised as investors want to go with their heart.”

In 2014 the bank set up the Morgan Stanley Institute for Sustainable Investing, with an independent advisory board, to bring together all the sustainable initiatives across the firm and to help mobilize capital to finance the transition to a green economy.
2020-10-19 13:48:46+00:00 Read the full story…
Weighted Interest Score: 3.7726, Raw Interest Score: 2.1894,
Positive Sentiment: 0.1916, Negative Sentiment 0.0821

FactSet agrees to buy ESG data firm TruValue

Financial analytics vendor FactSet has agreed to buy AI-driven environmental, social, and governance (ESG) data outfit Truvalue Labs. Financial terms of the deal were not disclosed.

San Francisco-based TruValue applies AI-driven technology to over 100,000 unstructured text sources in 13 languages, including news, trade journals, and nongovernmental organisations and industry reports, to provide daily signals that identify positive and negative ESG behaviour.

The firm’s coverage spans over 19…
2020-10-20 13:16:00 Read the full story…
Weighted Interest Score: 3.7588, Raw Interest Score: 1.8794,
Positive Sentiment: 0.1566, Negative Sentiment 0.2349

Analysis: Green is the color of money for funds betting on a Biden win

NEW YORK (Reuters) – Fund managers betting that green-type stocks with environmental, social and governance (ESG) credentials will benefit from an expected win by Democrat Joe Biden in the U.S. presidential election are also looking at a swathe of other companies expected to rise along with them.

Portfolio managers from firms including Gabelli, Fairpointe Capital and Eaton Vance are moving into the shares of companies ranging from semiconductors to industrial equipment to utilities in anticipation of a future Biden administration. The former vice president leads President Trump by 10 points nationally.

Biden has proposed spending here $2 trillion over his first four-year term to combat climate change, including upgrading buildings for energy efficiency and installing more than 500,000 electric vehicle charging stations by 2030.


2020-10-21 10:03:39+00:00 Read the full story…
Weighted Interest Score: 2.9602, Raw Interest Score: 1.2438,
Positive Sentiment: 0.3483, Negative Sentiment 0.0498


Stock Market Outcomes Are Currently Bernoulli Distributed

We currently stand at a crossroads. Stimulus or no stimulus? Vaccine or no vaccine? A growing wave of COVID and hospitalizations or a quick plateau?
These questions are currently unanswerable — everyone has an opinion but nobody has the answer.
This vast uncertainty about the future is why the VIX (which measures the expected forward volatility, a.k.a. annualized standard deviation, of the S&P 500’s returns) has remained stubbornly elevated despite stock markets hovering near all-time highs.

What is The VIX And Why Should We Care? : Finance and data science have a ton of overlap. I go into much more detail in the previously linked post but let’s quickly go over what the VIX is. The VIX is the implied volatility of the S&P 500. In other words, it’s the annualized standard deviation of the S&P 500’s return (over the next 30 days) expected by the market. It’s calculated via the prices of a basket of options on the S&P 500 (implied volatility is a key …

2020-10-21 12:20:17.128000+00:00 Read the full story…
Weighted Interest Score: 10.9091, Raw Interest Score: 2.1240,
Positive Sentiment: 0.0685, Negative Sentiment 0.3083

Investor interest in hedge funds grows as quarterly inflows surge between July and September

Investor confidence in hedge funds appears to be on the rise, with allocators pouring in some USD13 billion between July and September, the first quarterly net inflow into the industry in two-and-a-half years.

New data published by Hedge Fund Research shows the industry on the whole drew positive net inflows for the first time since Q1 2018, with third quarter allocations – dominated by macro and relative value strategies – bringing the total amount of industry capital globally to some USD3.31 trillion.
2020-10-21 00:00:00 Read the full story…
Weighted Interest Score: 6.7208, Raw Interest Score: 3.1136,
Positive Sentiment: 0.1122, Negative Sentiment 0.0842

Predictive Analytics Made Last Summer The Season Of Altcoins

Experts have always considered whether big data might make a difference in the trajectory of altcoins – and as it turns out, their intuition was correct. Altcoins’ path to success has been largely because of predictive analytics’ indication that they would succeed.

Data analytics has been the basis for the cryptocurrency market for years. In 2018, a study from the University of Bremen in Germany discussed some of the implications of big data for the altcoin industry. They found that predictive analytics algorithms were using social media data to forecast asset prices.

Predictive analytics have become even more influential in the future of altcoins in 2020. Recently, this summer has been dubbed the “season of altcoins.” This wouldn’t have been the case without growing advances in big data and predictive analytics capabilities.

2020-10-13 14:04:00+00:00 Read the full story…
Weighted Interest Score: 5.3457, Raw Interest Score: 2.2546,
Positive Sentiment: 0.3304, Negative Sentiment 0.0583

ProShares Launches ETF Focused on Transformational Changes: Portfolio Products

ProShares has launched the Transformational Changes ETF (ANEW) which invests in companies that “may benefit from transformational changes in how we work, take care of our health, and consume and connect—changes accelerated by COVID-19,” according to the company.

ANEW is listed on the New York Stock Exchange, has a 0.45% net expense ratio and invests in companies involved with one or more of four key transformational themes, as determined by MSCI: Future of Work, Genomics & Telehealth, Digital Consumer and Food Revolution.

“ANEW is designed to harness the potential growth of these companies as they reshape our new world,” said ProShares CEO Michael L. Sapir in a statement. The new ETF joins other ProShares ETFs investing in retail disruption, infrastructure and pet care, ProShares said.
2020-10-19 00:00:00 Read the full story…
Weighted Interest Score: 4.9888, Raw Interest Score: 1.8105,
Positive Sentiment: 0.2232, Negative Sentiment 0.0496

Automation and AI: Challenges and Opportunities

Businesses across the globe are fascinated with the idea of AI and automation because this advanced technology promises operational efficiency, enhanced processes, and substantial cost savings. However, AI and its allied technologies have also created uncertainties, confusion, and doubts about the human capability for adopting, deploying, and executing these magical systems in actual business situations — simply because the business leaders and o…
2020-10-13 07:35:20+00:00 Read the full story…
Weighted Interest Score: 4.6798, Raw Interest Score: 1.9888,
Positive Sentiment: 0.2631, Negative Sentiment 0.3052

Python, C++, and Other Languages That Pay Big in Finance IT

If you’re a technologist at an investment bank, which programming languages will maximize your earning potential?

The question is slightly facile to the extent that most engineering jobs in banking require developers with proficiency in multiple languages. In addition, many programming languages pay handsomely; this isn’t a case of one or two languages far outpacing others with regard to related compensation. All that being said, in the context of financial IT, technology jobs with direct exposure to trading systems are typically better paid.

The chart below shows median and 90th percentile salaries for technology jobs that were advertised by leading banks in New York City over the past 12 months. The information was drawn from Burning Glass, which collects and analyzes millions of job postings from across the country.

2020-10-19 00:00:00 Read the full story…
Weighted Interest Score: 3.7094, Raw Interest Score: 1.8370,
Positive Sentiment: 0.3062, Negative Sentiment 0.0383

AMC (AMC) Sees More Red After Guiding Below Expectations

AMC Entertainment Holdings, Inc. (AMC) shares fell more than 8% during Tuesday’s session after third quarter guidance came in well below consensus estimates.

Key Takeaways AMC shares moved sharply lower during Tuesday’s session after third quarter guidance came in well below consensus estimates.

  • AMC shares moved sharply lower during Tuesday’s session after third quarter guidance came in well below consensus estimates.
  • The company expects third quarter revenue of $119.5 million, which is below consensus estimates of $155.3 million, and announced the sale of up to 15 million common shares.
  • The stock remains in a bearish downtrend judging by the moving average convergence divergence (MACD), but the relative strength index (RSI) suggests that it could see some near-term consolidation before resuming any move lower.

AMC expects third quarter revenue of $119.5 million, which is below consensus estimates of $155.3 million. While cash and equivalents hit $417.9 million, the company entered into an equity distribution agreement to sell up to 15 million common shares. Operating costs and expenses are projected to be between $584.4 million and $604.4 million.
2020-10-20 15:30:04.039000+00:00 Read the full story…
Weighted Interest Score: 3.7062, Raw Interest Score: 1.6582,
Positive Sentiment: 0.1015, Negative Sentiment 0.1692

Dow closes 100 points higher, snaps 3-day losing streak on strong retail sales data

The Dow Jones Industrial Average rose on Friday for its first daily gain in four sessions after the release of strong U.S. consumer data to end a volatile week.

The Dow closed 112.11 points higher, or 0.4%, at 28,606.31. The S&P 500 eked out a small gain, closing at 3,483.81 and the Nasdaq Composite ended the day down 0.4% at 11,671.56.

2020-10-15 00:00:00 Read the full story…
Weighted Interest Score: 3.4778, Raw Interest Score: 1.4823,
Positive Sentiment: 0.5701, Negative Sentiment 0.3991

Alternative Python libraries for Data Science

Few helpful libraries which aim to simplify the data science process for beginners

The field of machine learning is progressing with leaps and bounds. With an equal pace, new libraries are being added to the Data Science arsenal. Today a single task can be performed with more than one library and in more than one way. Amidst all this plethora of new libraries, a few stand out due to their ease of use and out of the box implementations. In this article, I will cover five such libraries, which could speed the process of traditional machine learning, thereby lowering the entry barrier.

  1. Dabl(Data Analysis Baseline Library)

2020-10-20 13:19:28.270000+00:00 Read the full story…
Weighted Interest Score: 3.3050, Raw Interest Score: 1.3435,
Positive Sentiment: 0.0448, Negative Sentiment 0.0896

Why Data Scientists Are Increasingly Using Z by HP Workstations

Pressure to convert massive volumes of data into real-time actionable insights has triggered a data race—and if you’re not in it, you’re already losing.”

Datasets are getting larger by the day and unpacking them for insightful business leverage has become tedious. Data science leaders across many organisations have started looking out for solutions that can take this burden off their shoulders. At the cusp of this rising challenge sits HP whose cutting edge workstations are empowering data scientists around the world to explore multi-billion record datasets in real time.

When it comes to workstations, HP has been leading the roost for over a couple of years now. The Z series workstations especially, by HP, pack a punch with an on board NVIDIA graphic unit among other state of the art components. But Why Choose A Workstation At All?

2020-10-21 12:30:57+00:00 Read the full story…
Weighted Interest Score: 3.0158, Raw Interest Score: 1.6184,
Positive Sentiment: 0.2597, Negative Sentiment 0.1598

Is Python really the best language for data science in finance?

Programming languages… How many of us haven’t witnessed debates on advantages of one programming language over another? These debates are at least as common as those on the relative merits of Emacs versus Vim or tabs versus spaces (the author has even witnessed a physical fight which tried – but failed – to resolve this age-old question).

Still, the question, “Which programming language shall I use?” is not just about aesthetics. Make a bad choi…
2020-10-19 11:25:00-06:00 Read the full story…
Weighted Interest Score: 2.9316, Raw Interest Score: 1.5439,
Positive Sentiment: 0.2316, Negative Sentiment 0.2470

8 Upcoming Webinars On Artificial Intelligence To Look Forward To

With the continuation of COVID disruption, businesses are still relying on webinars to carry out their marketing strategies. Although the concept of webinars has always been there, the pandemic has provided great importance to it while engaging audiences in the comforts of their home.

Not only these webinars are a shorter form of conferences, saving an ample amount of time, but also turns out to be extremely convenient for attendees to get their…
2020-10-20 07:30:11+00:00 Read the full story…
Weighted Interest Score: 2.9024, Raw Interest Score: 1.7204,
Positive Sentiment: 0.1606, Negative Sentiment 0.0918

Fastenal Company (NASDAQ:FAST) Analysts Are Pretty Bullish On The Stock After Recent Results

Shareholders might have noticed that Fastenal Company (NASDAQ:FAST) filed its quarterly result this time last week. The early response was not positive, with shares down 4.3% to US$44.62 in the past week. Fastenal reported in line with analyst predictions, delivering revenues of US$1.4b and statutory earnings per share of US$0.38, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as…
2020-10-16 22:22:07+11:00 Read the full story…
Weighted Interest Score: 2.8804, Raw Interest Score: 1.3417,
Positive Sentiment: 0.1677, Negative Sentiment 0.1048

Siemens Healthineers To Invest ₹1,300 Crores In New Bengaluru Innovation Hub

Siemens Healthineers, a global med-tech company, has recently announced it plans to invest ₹1,300 crores over the next five years in a new Bengaluru innovation hub. According to the news, this investment has been aimed at making India a manufacturing centre for the company’s emerging market products.

The company, headquartered in Erlangen, Germany, has stated that the innovation hub will be established in a new campus which will be composed of R…
2020-10-21 05:39:08+00:00 Read the full story…
Weighted Interest Score: 2.8684, Raw Interest Score: 1.4145,
Positive Sentiment: 0.3143, Negative Sentiment 0.0000

The basic of Google Data Studio

Google Data Studio supports two different types of data schemas:

Fixed: Google Automatically connects your accounts to products for optimization (Google Analytics, Youtube, etc) Flexible: Google creates data source readers for unseen data schema → CSV, Big Query

With these data sources, Google creates a configurable, reusable, and shareable data sources. It is seamless with Big Data Source tool such as BigQuery.

Connecting Big Query + Google C…
2020-10-21 12:18:31.937000+00:00 Read the full story…
Weighted Interest Score: 2.8555, Raw Interest Score: 1.7022,
Positive Sentiment: 0.1957, Negative Sentiment 0.2152

Don’t Get Snowed In By The Hype For Snowflake

Photo by: STRF/STAR MAX/IPx 2020 9/16/20 Snowflake shares more than double in its Initial Public … [+] Offering. 9/16/20 A Snowflake logo photographed off an iphone 11 pro. STRF/STAR MAX/IPx

Warren Buffett looks prudent for buying this recent tech IPO because the stock has more than doubled since he bought it. However, investors with fiduciary responsibilities should pause before following the Oracle of Omaha into this stock now. At $245/share…
2020-10-20 00:00:00 Read the full story…
Weighted Interest Score: 2.7921, Raw Interest Score: 1.5126,
Positive Sentiment: 0.2060, Negative Sentiment 0.2060


This news clip post is produced algorithmically based upon CloudQuant’s list of sites and focus items we find interesting. We used natural language processing (NLP) to determine an interest score, and to calculate the sentiment of the linked article using the Loughran and McDonald Sentiment Word Lists.

If you would like to add your blog or website to our search crawler, please email customer_success@cloudquant.com. We welcome all contributors.

This news clip and any CloudQuant comment is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation regarding a course of action. This information is provided with the understanding that CloudQuant is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation. You are responsible to make your own independent decision with respect to any course of action based on the content of this post.

The post Alternative Data News. 21, October 2020 appeared first on CloudQuant.

CQ AI Intelligration – CloudQuant’s Researchers utilize Machine Learning to create an even better signal!

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CQ AI Intelligration – CloudQuant’s Researchers utilize Machine Learning to create an even better signal!

CloudQuant’s Researchers have taken the already very impressive Intelligration Vestly Alternative Data Set and, utilizing CloudQuant’s AI Research Platform, analysed the data using a large number of Machine Learning models finally creating an even better Alpha Signal!

INTELLIGRATION VESTLY OVERVIEW

Intelligration generate Long/Short scores for 2,700 NYSE and Nasdaq tickers (no ETFs) based simulated trading decisions by users on the Vestly stock trading app.

Our researchers identified a machine learning model which, holding postitions for 2 days, gave a return of 11.26% with a Sharpe Ratio equal to 2.215 and alpha of 15.44% in 2020. On average, the return was 9.8% per annum with an average yearly Sharpe Ratio is 1.567. The overall 13 months Sharpe Ratio was 1.827.

For information on this or any of our other white papers and/or access to the data and back-test code used either…

Email Sales@CloudQuant.com,

Make an appointment to speak to a CloudQuant Representative,

Or fill in the form on the right to be contacted back by a CloudQuant Representative.

See also our Data Catalog and our Repository of White Papers.

The post CQ AI Intelligration – CloudQuant’s Researchers utilize Machine Learning to create an even better signal! appeared first on CloudQuant.

Alternative Data News. 28, October 2020

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Alternative Data News. 28, October 2020

Alternative Data Newsletter

Finding sources and uses for alternative data can be difficult. At CloudQuant we regularly read and search the internet for new sources of data that can be used in our mission to find alpha signals and build quantitative trading strategies. We recognize that we are technology and data junkies so we wrote our own crawler that specifically seeks out web pages, posts, and news articles that give us a snapshot of what is going on in the world of Alt Data. The following is a collection of articles that we think you will find interesting from the past week.


1920 Presidential Election

By Reddit User : u/SocialExplorerInc

Data source and tool: https://www.socialexplorer.com/

Interactive map: 1920 Presidential Election

Warren Harding (R) vs James Cox (D)

Read the Full Story…

CloudQuant Thoughts : As we head into the conclusion of the US Election, it is fascinating to see how the US Voting broke down 100 years ago. A very nice presentation of data.

Hands-On Guide to Datatable Library For Faster EDA (exploratory data analysis)

Working with tabular data in data science we always use the Pandas library in Python. This is widely used for data exploration, analysis, munging and manipulation. These are the primary steps for understanding the data well and making it ready for the model to fit. The only disadvantage of using pandas is its time consuming when there’s a large amount of data(big data).

Datatable overcomes the limitations of pandas and speeds up the process of EDA (exploratory data analysis). Datatable has been built by H20.ai, one of the leading AI ML companies in the world. Datatable is pretty similar to pandas and R data.table libraries. Datatable has proper documentation. Works with Python version 3.6+.

Advantages of Datatable

  • Supports null values, date-time and categorical types.
  • Efficient algorithms for sorting/grouping/joining.
  • Minimal data copying by using “rowindex” views in filtering/sorting/grouping/joining
  • operators to avoid unnecessary data copying.Faster data accessing than pandas
  • Easily convert to another data-processing framework.

In this article, I’ll be discussing the implementation of the datatable library with a large dataset.

2020-10-28 11:30:21+00:00 Read the full story…
Weighted Interest Score: 3.1234, Raw Interest Score: 1.5953,
Positive Sentiment: 0.1387, Negative Sentiment 0.1734

CloudQuant Thoughts : This is interesting, always looking for something that is faster!

Intel Geospatial is a cloud platform for AI-powered imagery analytics

Intel today quietly launched Intel Geospatial, a cloud platform that features data engineering solutions, 3D visualizations, and basic analytics tools for geovisual workloads. Intel says it is designed to provide access to 2D and 3D geospatial data and apps through an ecosystem of partners, addressing use cases like vegetation management, fire risk assessment and inspection, and more.

The geospatial analytics market is large and growing, with a recent Markets and Markets report estimating it will be worth $96.34 billion by 2025. Geospatial imagery can help companies manage assets, like network assets prone to damage during powerful storms. Moreover, satellite imagery and the AI algorithms trained to analyze it have applications in weather prediction, defense, transportation, insurance, and even health care, mainly because of their ability to capture and model environments over extended periods of time.
2020-10-27 00:00:00 Read the full story…
Weighted Interest Score: 3.6568, Raw Interest Score: 1.5120,
Positive Sentiment: 0.1055, Negative Sentiment 0.0703

CloudQuant Thoughts : It really is a pity that the only graphic they have to go with this article is an animation that looks worse than a launch Playstation 1 game from 1995. Presentation is extremely important.

CloudQuant has been nominated for a Benzinga Global Fintech Award

We are proud to announce that our industry leading technology has been nominated for a Benzinga Fintech Award 2020 in the category of Best Data Analysis Tool.

CloudQuant Data Liberator

Data Liberator API: Our single, simple data access platform resolves the ETL, timestamp, symbology, and access issues that bedevil quality research. It also serves data into our industry-leading, research applications including :

  • CQ Explorer: Visualising historical time series, alternative, and stock market data
  • CQ Mariner: Tick level market backtesting
  • CQ AI: Scaleable Jupyter Labs research tools with secure access to datasets, leading ML and AI libraries, and investment backtesting.

VOTE FOR US HERE!


ESG Section

CloudQuant has some of the best Alternative Datasets in the world, all deliverable, cleaned, tickerized, and ready to use via its Liberator API including an excellent ESG Dataset. Head over to our data catalog to find out more.

Exchanges Take Differing Approaches To ESG Derivatives

Deutsche Börse’s Eurex has launched a suite of derivatives based on ESG versions of benchmark indices while Nasdaq aims to launch bespoke products to meet the variety of environmental, social governance strategies in the market.

This month Eurex announced that it is launching ESG futures and options on DAX 50 ESG and EURO STOXX 50 ESG indices. The exchange is adding another European benchmark to its offering and covering the German market for the first time in ESG derivatives.

Randolf Roth, member of the executive board of Eurex, told Markets Media: “The DAX 50 and Euro STOXX 50 are very succe…
2020-10-22 12:30:40+00:00 Read the full story…
Weighted Interest Score: 4.8049, Raw Interest Score: 2.0686,
Positive Sentiment: 0.1217, Negative Sentiment 0.0730

Gorman Says ESG Is ‘Not A Fad’

James Gorman, chairman and chief executive of Morgan Stanley, said the increase in interest in environmental, social and governance strategies is exploding and provides an extraordinary growth opportunity. Gorman spoke as SIFMA’s 2020 Annual Meeting, The Virtual Capital Markets Conference, today. He said: “ESG is not a fad as it is what clients want. Interest is exploding and I am not surprised as investors want to go with their heart.”

In 2014 the bank set up the Morgan Stanley Institute for Sustainable Investing, with an independent advisory board, to bring together all the sustainable initiatives across the firm and to help mobilize capital to finance the transition to a green economy.
2020-10-19 13:48:46+00:00 Read the full story…
Weighted Interest Score: 3.7726, Raw Interest Score: 2.1894,
Positive Sentiment: 0.1916, Negative Sentiment 0.0821

Talking ’bout a revolution: The disruptive impact of ESG on wealth management

The wealth management industry stands on the cusp of revolution, the implications of which extend to product, proposition and the structure of the business itself. At the frontline of this revolution is ESG investing: the use of environmental, social and governance criteria for portfolio creation and maintenance.

Millennials and more – The ascendance of a new generation of retail investors has enhanced the spotlight on this fast growing area, as has COVID-19. Indeed, the pandemic has helped extend the focus from environmental to social and governance issues among millennial and other sustainability-oriented investors. They have proven keener than ever to express their values, both via the ballot box and their investments amidst the shift to life online.
2020-10-22 10:00:00 Read the full story…
Weighted Interest Score: 3.1910, Raw Interest Score: 1.6602,
Positive Sentiment: 0.1940, Negative Sentiment 0.1940


GTCOM-US Launches Chinese Sentiment Data on Bloomberg • Integrity Research

Santa Clara, CA-based research and data analytics provider, GTCOM Technology Corporation (GTCOM-US) recently announced that it has released its sentiment data from Chinese sources on key companies, economic activity and themes on Bloomberg’s Enterprise Access Point data platform.

Leveraging its advanced Natural Language Processing (NLP) and machine learning technology, GTCOM-US has provided Bloomberg users with access to sentiment data from China along five categories, including Global Luxury Brands, the Technology Media Telecom Sector, as well as a Russell US 3000 Aggregate category. The new GTCOM-US dataset enables users to monitor sentiment trends regarding specific companies, sectors or thematic issues from Chinese sources.

2020-10-26 07:30:00+00:00 Read the full story…
Weighted Interest Score: 7.9446, Raw Interest Score: 2.7939,
Positive Sentiment: 0.0755, Negative Sentiment 0.0252

Information Services Q&A: Lauren Dillard, Nasdaq

Our market data business continues to be strong. We recently began providing real-time market data to eToro users, further expanding our footprint among individual investors. Earlier this year we launched Nasdaq Cloud Data Service, which disseminates our data on the cloud. Lowering the cost and barrier of entry for brokers and others that serve the investing public.

I think we’ve seen the most growth, however, in our analytics business. Whether it’s about supply chain, consumer spending, indications of travel, or anything else, the need for alternative data sets increased dramatically this year.

2020-10-27 07:01:39+00:00 Read the full story…
Weighted Interest Score: 3.5517, Raw Interest Score: 1.6086,
Positive Sentiment: 0.3312, Negative Sentiment 0.0473

Python For Data Science – For Absolute Beginners

What you Will learn ?

  • Python Basic Commands
  • Data types
  • Important Packages
  • Data Manipulations
  • Basic Statistics and Reporting
  • Data Visualizations in Python
  • Data Cleaning
  • Functions

Course Description – Course Covers six topics.

  • Basic Commands of python and important packages
  • Data Manipulations with python
  • Basic Statistics
  • Data Visualizations with python packages
  • Data Validation and Cleaning in Python
  • Python Objects and Functions

We assume that the participants have no background in python and start with very basic topics. After this course, you can learn Machine Learning, Deep Learning, and Other Data Science sources. You must download the resources to learn this course

Course Requirements

  • Google Colab need to be pre-installed.
  • Basic Knowledge on Data science

2020-10-28 09:31:42+00:00 Read the full story…
Weighted Interest Score: 6.0266, Raw Interest Score: 2.9683,
Positive Sentiment: 0.0000, Negative Sentiment 0.2047

Predictions 2021: The Time Is Now For AI To Shine

AI is transformational. AI is exciting. AI is mysterious. AI is scary. AI is omnipresent. We’ve heard this oscillating narrative over the last few years (and will continue to in the future), but in this unprecedented year, one thing became clear — enterprises need to find a way to safely, creatively, and boldly apply AI to emerge stronger both in the short-term and in the long-term. 2020 gave leaders the impetus, born out of necessity, and confidence to embrace AI with all its blemishes.

In 2021, 35% of adaptive- and growth-mode firms will invest in workplace AI solutions to help workers deal with disruption.

The kinks in AI still remain: lack of trust, poor data quality, data paucity for some, and a dearth of the right type of tools and talent. 2021 will see companies and C-level leaders tackle some of these challenges head on, not because they want to but because they have to. The time is now for AI to shine.

2020-10-22 14:00:22-04:00 Read the full story…
Weighted Interest Score: 5.5483, Raw Interest Score: 2.1069,
Positive Sentiment: 0.1844, Negative Sentiment 0.2107

Top 10 Datasets For Cybersecurity Projects One Must Know

The techniques of machine learning have been found to be an attractive tool in cybersecurity methods, such as primary fraud detection, finding malicious acts, among others. Besides these use cases, machine learning can be used in various other cybersecurity use-cases, including malicious pdf detection, detecting malware domains, intrusion detection, detecting mimicry attacks and more.

Below here, we listed the top 10 datasets, in no particular order, that you can use in your next cybersecurity project.
2020-10-28 09:30:07+00:00 Read the full story…
Weighted Interest Score: 5.3755, Raw Interest Score: 1.8335,
Positive Sentiment: 0.0573, Negative Sentiment 0.4011

Finastra launches Fusion Data Cloud next generation data platform for rapid financial services innovation

A data ecosystem: Supported by secure Microsoft Azure technology, Fusion Data Cloud enables banks to share their data with leading fintechs, as well as ingest data from external data sources, to create innovative new data solutions in weeks, instead of months. These solutions are pre-integrated with Finastra core products to drive scale, enable fast delivery, and provide flexibility to help institutions grow and increase customer value.

Underpinned by the FusionFabric.cloud open developer platform, Fusion Data Cloud provides:

  • A data ecosystem: Supported by secure Microsoft Azure technology, Fusion Data Cloud enables banks to share their data with leading fintechs, as well as ingest data from external data sources, to create innovative new data solutions in weeks, instead of months. These solutions are pre-integrated with Finastra core products to drive scale, enable fast delivery, and provide flexibility to help institutions grow and increase customer value.
  • Actionable insights: Artificial intelligence (AI) and machine learning (ML) algorithms create predictive and prescriptive analytics and delivery of real-time decision-making and insights as a service. For example, institutions can detect potential churn and better understand customer behavior to recommend the Next Product To Buy (NPTB) based on retail banking data. This equips financial institutions with intelligent insights to mitigate risk and optimize operational efficiencies.
  • Connected experiences: Business Intelligence (BI) tools provide analytics visualization and omnichannel interaction. With six AI- and ML-driven BI solutions available today, financial institutions can, for example, gain an operational and 360-degree view based on payments data, and optimize loan processing and application conversion based on mortgage data.

2020-10-26 00:00:00 Read the full story…
Weighted Interest Score: 4.4190, Raw Interest Score: 2.2941,
Positive Sentiment: 0.6350, Negative Sentiment 0.0205

Forrester: Top Emerging Technology Trends To Watch In 2021 And Beyond

CAMBRIDGE, Mass. , Oct. 22, 2020 /PRNewswire/ — According to Forrester (FORR: NASDAQ), the next decade will require CIOs to both respond to digital acceleration and proactively manage uncertainty. Rapidly changing consumer trends, complex security concerns, the ethical use of artificial intelligence, and the increasing impacts of climate change will drive businesses to incorporate systemic risk into their long-term planning.

The Forrester report “Top Trends And Emerging Technologies, Q3 2020” highlights important trends and organizes emerging technologies into seven key domains that will play a big role in accelerating this shift: artificial intelligence; business automation and robotics; enterprise risk management; human experience and productivity; new compute architectures; next-generation communications; and Zero Trust security.

2021-10-28 00:00:00 Read the full story…
Weighted Interest Score: 3.0519, Raw Interest Score: 1.4881,
Positive Sentiment: 0.2790, Negative Sentiment 0.0775

Bringing Real Options Trading to the Commercial Real Estate Market

Consider the value of a 15-story Class B office building with four elevators in the central part of any American city. While its value may have always fluctuated, based on some tangible, measurable factors you could estimate closely its value in February 2020. Then came the pandemic.

All the tenants are now working successfully from home. You don’t know how many will renew their leases or what office space in general will be worth post-pandemic. Now multiply that scenario tens of thousands of times across every class of commercial real estate and you begin to see the scope of the commercial real estate valuation problem.
2020-10-27 07:01:52+00:00 Read the full story…
Weighted Interest Score: 3.0286, Raw Interest Score: 1.6430,
Positive Sentiment: 0.2215, Negative Sentiment 0.1846

Why Data Scientists Are Increasingly Using Z by HP Workstations

“Pressure to convert massive volumes of data into real-time actionable insights has triggered a data race—and if you’re not in it, you’re already losing.”

Datasets are getting larger by the day and unpacking them for insightful business leverage has become tedious. Data science leaders across many organisations have started looking out for solutions that can take this burden off their shoulders. At the cusp of this rising challenge sits HP whose cutting edge workstations are empowering data scientists around the world to explore multi-billion record datasets in real time.

When it comes to workstations, HP has been leading the roost for over a couple of years now. The Z series workstations especially, by HP, pack a punch with an on board NVIDIA graphic unit among other state of the art components.

2020-10-21 12:30:57+00:00 Read the full story…
Weighted Interest Score: 3.0158, Raw Interest Score: 1.6184,
Positive Sentiment: 0.2597, Negative Sentiment 0.1598

Is Snowflake Stock Overpriced?

Recent-IPO darling Snowflake (NYSE:SNOW) deserves its high valuation. The data-warehouse-as-a-service specialist has been growing revenue at a fast pace over the last several years, and it remains exposed to the long-term growth opportunities that cloud and data analytics represent. But the company’s lofty valuation suggests the market expects phenomenal long-term performance. Does that mean that Snowflake’s stock overpriced, despite the company’s attractive potential?

Phenomenal growth in data storage and analysis – As enterprises have been digitizing their operations, they have been accumulating vast amounts of data. That trend isn’t likely to wane: Research outfit IDC estimates the amount of worldwide data will grow at a compound annual rate (CAGR) of 61% by 2025. The good thing is companies can exploit that knowledge to make business decisions. However, until recently, analyzing such a growing amount of data required cumbersome processes, hardware, and software.

2020-10-28 00:00:00 Read the full story…
Weighted Interest Score: 2.8509, Raw Interest Score: 1.5735,
Positive Sentiment: 0.3631, Negative Sentiment 0.1210

Microsoft Partners With Netflix To Create New Data Science Learning Modules

With the increasing requirement for more data scientists, ML experts, and AI engineers in every industry, Microsoft, in partnership with Netflix, has launched three new learning modules to guide learners through beginning concepts in data science, machine learning and artificial intelligence.

Inspired by the new Netflix original film — ‘Over the Moon’ these learning modules include three paths — planning a Moon mission using the Python Pandas Library; predicting meteor showers using Python and VC Code; and using AI to recognise objects in images using Azure Custom Vision.

The growing requirement of data scientists comes with criteria of having a broad set of skills from data analysis with no-code and low-code solutions which will help them with designing and writing intricate ML models and solve some of the planet’s most difficult problems. Keeping this in mind, Microsoft, partnering with Netflix, has launched these modules for providing high quality, free content to help learners develop their skills depending based on their professional goals and personal interests.
2020-10-26 06:02:27+00:00 Read the full story…
Weighted Interest Score: 2.7502, Raw Interest Score: 1.4764,
Positive Sentiment: 0.1988, Negative Sentiment 0.0852


This news clip post is produced algorithmically based upon CloudQuant’s list of sites and focus items we find interesting. We used natural language processing (NLP) to determine an interest score, and to calculate the sentiment of the linked article using the Loughran and McDonald Sentiment Word Lists.

If you would like to add your blog or website to our search crawler, please email customer_success@cloudquant.com. We welcome all contributors.

This news clip and any CloudQuant comment is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation regarding a course of action. This information is provided with the understanding that CloudQuant is not acting in a fiduciary or advisory capacity under any contract with you, or any applicable law or regulation. You are responsible to make your own independent decision with respect to any course of action based on the content of this post.

The post Alternative Data News. 28, October 2020 appeared first on CloudQuant.

Confirmed: CloudQuant – Precision Alpha Webinar Registration

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Thank you for registering for CloudQuant’s Precision Alpha Webinar

The Alternative Data Webinar – Friday, October 30 2020 11am EST 10am CST

Hosted by Morgan Slade, CEO of CloudQuant, this webinar will include a discussion of CloudQuant’s research and testing of this Data Set and how it can be of benefit to your manual and automated trading decisions.

Conference Details:
https://us02web.zoom.us/j/83499822612?pwd=cVJOK2R3QVVjbHBHTkZzUEFDaVVYZz09
Passcode: 612868

Webinar ID: 834 9982 2612

The post Confirmed: CloudQuant – Precision Alpha Webinar Registration appeared first on CloudQuant.

AI & Machine Learning News. 28, October 2020

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AI & Machine Learning News. 28, October 2020

AI and Machine Learning Newsletter

The Artificial Intelligence and Machine Learning News clippings for Quants are provided algorithmically with CloudQuant’s NLP engine which seeks out articles relevant to our community and ranks them by our proprietary interest score. After all, shouldn’t you expect to see the news generated using AI?


Just in Time for Halloween – MakeMeAZombie.com

Beyonce as a Zombie

Joe Biden as a Zombie

Will Smith as a Zombie

Donald Trump as a Zombie

Read the full story…

CloudQuant Thoughts : Well, the AI have done it now.. I’ve done mine.. OMG.

AI-powered trading platform Tickeron releases new swing trading AI robots

Tickeron, an artificial and human intelligence platform delivering trading insights and analysis, has released several new swing trading robots as part of its AI Robots feature. The technology uses artificial intelligence to simplify trading stocks, cryptocurrencies and Forex pairs.

A typical swing trader has countless trading ideas to choose from and trying to achieve success can be overwhelming. Tickeron created AI Robots to reduce the number of trading ideas by combining the best information and intelligence into one recommendation.

A user first selects the Robot they would like to follow, as there are multiple options available for stocks, cryptocurrencies and Forex pairs. They then adjust their selected stocks, expected number of trades per day and other criteria. Operating in a trading room, the robot scans the selected stocks to find trading opportunities using Pattern Search Engine, Real Time Patterns and other means specific to that Robot.

2020-10-28 00:00:00 Read the full story…
Weighted Interest Score: 5.1557, Raw Interest Score: 2.8757,
Positive Sentiment: 0.3256, Negative Sentiment 0.1085

CloudQuant Thoughts: Brave! Swing Trading Robots just before a probably contentious election…. what could go wrong!?

Apple reportedly bought a video AI startup for $50 million as it tries to improve Siri and other apps

Apple purchased artificial intelligence startup Vilynx earlier this year for approximately $50 million, Bloomberg reported Tuesday.

Barcelona-based Vilynx built AI tools that analyze videos with the goal of “understanding” what’s in them and categorizing that information, which Apple could use to improve Siri and other apps.

Bloomberg also reported that around 50 of Vilynx’s engineers and data scientists will stay on at Apple, which …
2020-10-27 00:00:00 Read the full story…
Weighted Interest Score: 3.3824, Raw Interest Score: 1.6556,
Positive Sentiment: 0.1472, Negative Sentiment 0.0368

Apple Acquires AI Startup For $50 Million To Advance Its Apps

In an attempt to scale up its AI portfolio, Apple has acquired Spain-based AI video startup — Vilynx for approximately $50 million.

Reported by Bloomberg, the AI startup — Vilynx is headquartered in Barcelona, which is known to build software using computer vision to analyse a video’s visual, text, and audio content with the goal of “understanding” what’s in the video. This helps it categorising and tagging metadata to the videos, as well as generate automated video previews, and recommend related content to users, according to the company website.

2020-10-28 13:50:14+00:00 Read the full story…
Weighted Interest Score: 3.0303, Raw Interest Score: 1.2425,
Positive Sentiment: 0.1491, Negative Sentiment 0.0000

Apple Improving Siri With Latest Acquisition, Report Says

Apple acquired Barcelona-based startup Vilynx earlier this year, a report says
The startup worked on artificial intelligence used to surface content and make them searchable
The acquisition might prove beneficial to Siri and other Apple apps and services

Apple may soon be able to improve Siri so that the digital assistant will make better recommendations and yield better search results following the company’s latest acquisition.

Cupertino tech giant Apple acquired Barcelona-based startup Vilynx earlier this year, unnamed sources familiar with the matter told Bloomberg. Vilynx specializes in artificial intelligence (AI) and computer vision technology, and its acquisition hints at future improvements to some of the iPhone maker’s offerings.

Vilynx previously worked on technologies that use AI to analyze a video’s content based on visual, audio and text content. By doing this, the technology was able to create tags for such videos, making them searchable.

2020-10-28 07:18:33-04:00 Read the full story…
Weighted Interest Score: 2.7618, Raw Interest Score: 1.3436,
Positive Sentiment: 0.3839, Negative Sentiment 0.0384

CloudQuant Thoughts : Apple buying any AI firm is worth taking notice of!

AI Engineers Need to Think Beyond Engineering

Artificial Intelligence (AI) has become one of the biggest drivers of technological change, impacting industries and creating entirely new opportunities. From an engineering standpoint, AI is just a more advanced form of data engineering. Most good AI projects function more like muddy pickup trucks than spotless race cars — they are a workhorse technology that humbly makes a production line 5% safer or movie recommendations a little more on point. However, more so than many other technologies, it is very, very easy for a well-intentioned AI practitioner to inadvertently do harm when they set out to do good. AI has the power to amplify unfair biases, making innate biases exponentially more harmful.

As Google AI practitioners, we understand that how AI technology is developed and used will have a significant impact on society for many years to come. As such, it’s crucial to formulate best practices. This starts with the responsible development of the technology and mitigating any potential unfair bias which may exist, both of which require technologists to look more than one step ahead: not “Will this delivery automation save 15% on the delivery cost?” but “How will this change affect the cities where we operate and the people — at-risk populations in particular — who live there?”

2020-10-28 12:45:22+00:00 Read the full story…
Weighted Interest Score: 2.5861, Raw Interest Score: 0.9942,
Positive Sentiment: 0.2486, Negative Sentiment 0.5423

CloudQuant Thoughts : An interesting but surprisingly light and short article by Google Engineers in Harvard Business Review!!

Snoop on track to raise more than £5.7m through Seedrs

Snoop, the app founded by ex-Virgin Money execs to save consumers money on their bills, is about to land more than £5.7 million.

The app, launched earlier in April, believes it can save an average household £1,500 annually on bills and subscriptions. Be that with personal banking, insurance, energy, mortgage or telecom providers.

The fintech uses artificial intelligence (AI) to scour the internet on behalf of users to find the best deals. All the while, it uses OpenWrk’s open banking technology to keep an eye on users’ bills to make sure they aren’t being overcharged by their providers.

2020-10-27 09:00:20+00:00 Read the full story…
Weighted Interest Score: 2.5558, Raw Interest Score: 1.1769,
Positive Sentiment: 0.0812, Negative Sentiment 0.0406

CloudQuant Thoughts : Would you trust an App called Snoop to look at all your financial data. I would have to be paying for this app with a guarantee it would save me more than I pay. If it is a free app “You are the Product, the consumer is consumed” – Richard Serra “Television Delivers People” (1973)

CloudQuant has been nominated for a Benzinga Global Fintech Award

We are proud to announce that our industry leading technology has been nominated for a Benzinga Fintech Award 2020 in the category of Best Data Analysis Tool.

CloudQuant Data Liberator

Data Liberator API: Our single, simple data access platform resolves the ETL, timestamp, symbology, and access issues that bedevil quality research. It also serves data into our industry-leading, research applications including :

  • CQ Explorer: Visualising historical time series, alternative, and stock market data
  • CQ Mariner: Tick level market backtesting
  • CQ AI: Scaleable Jupyter Labs research tools with secure access to datasets, leading ML and AI libraries, and investment backtesting.

VOTE FOR US HERE!


ESG Section

ICE Integrates ESG Risk Data From RepRisk

Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, today announced that ICE Data Services is integrating ESG risk data from RepRisk into its ESG Reference Data service.

ICE Data Services has launched multiple innovative ESG data offerings throughout 2020 designed to offer transparency into the area of market risk. These offerings include our ICE Climate Risk product tailored to the U.S. fixed income market, ESG Reference Data, and a suite of ESG indices. With the integration of RepRisk’s ESG risk data, ICE’s ESG Reference Data offering incorporates data and information from a market leader in the systematic identification and assessment of risks that can have financial, compliance and reputational implications for U.S. and global companies. The RepRisk ESG data concerns issues related to human rights, labor practices, corruption and the environment, and will be made available alongside more than 400 other unique attributes in ICE Data Service’s ESG Reference Data service.
2020-10-27 09:25:30+00:00 Read the full story…
Weighted Interest Score: 4.7711, Raw Interest Score: 2.4259,
Positive Sentiment: 0.2695, Negative Sentiment 0.1540


Researchers develop sentence rewriting technique to fool text classifiers

A recent paper coauthored by MIT researchers highlights the problem of sentence-level attacks against text classifiers, in which an attacker alters a sentence to trigger misclassification while keeping the sentence’s literal meaning unchanged.

Text classifiers are used in a range of applications, particularly document processing. Such systems allow companies to structure, normalize, and standardize business information like email, legal documents, webpages, and chat conversations. Attacks on these classifiers could be disastrous in industries like home lending, which increasingly relies on AI to process the hundreds of pages associated with mortgages.

Their framework — conditional BERT sampling (CBS) — feeds sentences from an AI language model to RewritingSampler, an instance of CBS that rewrites the sentences specifically to attack classifiers. In experiments, the researchers claim CBS and RewritingSampler achieve a better attack success rate than existing word-level methods.

2020-10-27 00:00:00 Read the full story…
Weighted Interest Score: 2.5295, Raw Interest Score: 1.3213,
Positive Sentiment: 0.1687, Negative Sentiment 0.5623

Axyon AI appoints Adviser to focus on hedge fund offering

Axyon AI, an AI provider for the asset management industry, has appointed Giovanni Beliossi as an advisor to the business.

Beliossi joins Axyon with more than 25 years’ experience in the financial markets, including in advisory, investment and management roles within the alternative investment, hedge fund and derivative sectors. Giovanni will be focusing on Axyon AI’s offering for the hedge fund industry.

2020-10-28 00:00:00 Read the full story…
Weighted Interest Score: 6.4171, Raw Interest Score: 2.7895,
Positive Sentiment: 0.3439, Negative Sentiment 0.1911

Top 10 Datasets For Cybersecurity Projects One Must Know

The techniques of machine learning have been found to be an attractive tool in cybersecurity methods, such as primary fraud detection, finding malicious acts, among others. Besides these use cases, machine learning can be used in various other cybersecurity use-cases, including malicious pdf detection, detecting malware domains, intrusion detection, detecting mimicry attacks and more.

Below here, we listed the top 10 datasets, in no particular order, that you can use in your next cybersecurity project.

2020-10-28 09:30:07+00:00 Read the full story…
Weighted Interest Score: 5.3755, Raw Interest Score: 1.8335,
Positive Sentiment: 0.0573, Negative Sentiment 0.4011

Broadridge’s LTX and Charles River Development to Take Corporate Bond Trading to the Next Level Using Artificial Intelligence

Broadridge Financial Solutions, a global fintech leader, today announced that its new artificial intelligence (AI)-driven digital trading platform, LTX, has been integrated with the Charles River Investment Management Solution (Charles River IMS) as part of a strategy to improve efficiency in the corporate bond market.

Integrating with LTX enables Charles River’s order and execution management system (OEMS) users to digitize workflows in order to help improve liquidity, efficiency and best execution for illiquid corporate bonds. Traders can route orders to LTX via FIX connectivity and connect to a dealer of their choice when they are ready to trade.

Created with Jim Toffey, founder of Tradeweb Markets, and Vijay Mayadas, President of Capital Markets, Broadridge, LTX is built on Broadridge’s US Fixed Income post-trade platform, which processes over $7 trillion in notional volume per day across 40+ dealer clients. LTX uses patent-pending AI and next-gen protocols that provide the buy-side and sell-side with a more complete view into pre-trade and post-trade liquidity to promote best execution.

2020-10-27 00:00:00 Read the full story…
Weighted Interest Score: 5.1665, Raw Interest Score: 2.3919,
Positive Sentiment: 0.7973, Negative Sentiment 0.0420

Video: Automation to drive evolution of financial services

In this bobsguide video, sponsored by FactSet, Drake Bushnell, VP director of content and technology solutions strategy at FactSet and Byron Bianco, managing director of BMO Capital Markets discussed how the use of data will change the financial services industry.

Asked what the future of data management looks like, Bianco said: “For sure, it’s going to be more and more automation. The trader-sales model that was the staple of capital markets for 50 years, I see that going away. In Europe, already you have to do all trades electronically if it’s in the bond market.”

In the video, Bushnell and Bianco discuss:

  • How the use of alternative data is driving experimentation and change in the industry
  • The importance of machine learning and artificial intelligence
  • The value of people in data management
  • Implementation hurdles when adding new data solutions

2020-10-27 00:00:00 Read the full story…
Weighted Interest Score: 4.9826, Raw Interest Score: 2.4221,
Positive Sentiment: 0.0000, Negative Sentiment 0.0000

COVID-19 Increases Investment In AI/ML

Firms expect to increase investment in artificial intelligence and machine learning as a result of the Covid-19 pandemic, which also caused models to underperform.

The Rise Of The Data Scientist: Machine learning models for the future, a survey from data provider Refinitiv, found that 72% of firms’ models were negatively impacted by Covid-19 during the second quarter of this year. As a result 12% of firms declared their models obsolete and 15% are building new ones.

The report said: “The main problem was the lack of agility to quickly adapt and include new data sets in models as circumstances changed.”

Alternative data also became more important as a provider of real-time data to derive insights for immediate action.

2020-10-26 12:58:38+00:00 Read the full story…
Weighted Interest Score: 4.4481, Raw Interest Score: 2.3832,
Positive Sentiment: 0.0694, Negative Sentiment 0.1620

Actionable Strategies for Mitigating Risks & Driving Adoption with Responsible Machine Learning

Like other powerful technologies, AI and machine learning (ML) present significant opportunities. To reap the full benefits of Machine Learning (ML), organizations must also mitigate the considerable risks it presents. In order to drive deeper insights, address privacy and security vulnerabilities, and prevent the perpetuation of historical human or data bias, organizations should consider how core frameworks for responsible AI / ML enable the adoption of AI while accounting for its known risks.
2020-10-26 00:00:00 Read the full story…
Weighted Interest Score: 4.4187, Raw Interest Score: 2.2934,
Positive Sentiment: 0.3276, Negative Sentiment 0.1820

Application of AI to IT Service Ops by IBM and ServiceNow Exemplifies a Trend

The application of AI to IT service operations has the potential to automate many tasks and drive down the cost of operations. The trend is exemplified by the recent agreement between IBM and ServiceNow to leverage IBM’s AI-powered cloud infrastructure with ServiceNow’s intelligent workflow systems, as reported in Forbes.

The goal is to reduce resolution times and lower the cost of outages, which according to a recent report from Aberdeen, can cost a company $260,000 per hour. David Parsons, Senior Vice President of Global Alliances and Partner Ecosystem at ServiceNow “Digital transformation is no longer optional for anyone, and AI and digital workflows are the way forward,” stated David Parsons, Senior Vice President of Global Alliances and Partner Ecosystem at ServiceNow, “The four keys to success with AI are the ability 1) to automate IT, 2) gain deeper insights, 3) reduce risks, and 4) lower costs across your business.”

2020-10-23 02:22:19+00:00 Read the full story…
Weighted Interest Score: 4.2550, Raw Interest Score: 1.8524,
Positive Sentiment: 0.3501, Negative Sentiment 0.2917

Landing AI Unveils AI Visual Inspection Platform To Help Manufacturers

Landing AI, an industrial AI company, has unveiled LandingLens, an end-to-end visual inspection platform that has been specifically designed to help manufacturers build, deploy, and scale AI-powered visual inspection solutions.

Landing AI is a company that has been established to empower customers to harness the business value of artificial intelligence by providing enablement tools and transformation programs, and visual inspection is a method that is widely used in manufacturing for processes like defect identification and assembly verification.

Traditionally, this process was performed by human workers with traditional rule-based machine vision; however, currently, companies are turning to AI to automate and enhance their visual inspection operations given the accuracy, flexibility and low cost that the technology brings.

2020-10-22 08:20:10+00:00 Read the full story…
Weighted Interest Score: 4.0961, Raw Interest Score: 1.5269,
Positive Sentiment: 0.4183, Negative Sentiment 0.1046

Pseudo Labelling – A Guide To Semi-Supervised Learning

There are 3 kinds of machine learning approaches- Supervised, Unsupervised, and Reinforcement Learning techniques. Supervised learning as we know is where data and labels are present. Unsupervised Learning is where only data and no labels are present. Reinforcement learning is where the agents learn from the actions taken to generate rewards.

Imagine a situation where for training there is less number of labelled data and more unlabelled data. A new technique called Semi-Supervised Learning(SSL) which is a mixture of both supervised and unsupervised learning. As the name suggests, semi-supervised learning has a set of training data which is labelled and another set of training data, which is unlabelled. We can think of this situation as when Google photos or Facebook identify people in the picture by their faces(data) and generate a suggested name(label) based on the previously stored images of that person.

2020-10-27 11:30:07+00:00 Read the full story…
Weighted Interest Score: 3.9474, Raw Interest Score: 1.7004,
Positive Sentiment: 0.0607, Negative Sentiment 0.0810

Data Analytics Is Critical For Preventing Investing Mistakes

Among the many helpful uses of data analytics, one is preventing investing mistakes. Data analytics can help you spot patterns and bad investments while prompting you to ask yourself constructive questions while investing.

Data analytics is the backbone of modern investing. Stock, bond, crypto and other investors have discovered the powerful advantages of data-driven analysis.

We have talked about the benefits of big data in investing before. We felt it was time to delve into the topic in more depth.

How Can You Use Big Data to Make Better Investing Decisions?
Big data is changing the nature of investing in fundamental ways. Financial Times recently discussed the merits of big data in one of their articles last February. The insights are even more applicable during the volatile markets caused by the pandemic.

Is big data useful for regular traders or just institutional investors? Most experts agree that it is critical for traders of all sizes.

2020-10-23 13:06:00+00:00 Read the full story…
Weighted Interest Score: 3.8493, Raw Interest Score: 1.9100,
Positive Sentiment: 0.3902, Negative Sentiment 0.4313

AI-Enabled DevOps: Reimagining Enterprise Application Development

Today, advances in artificial intelligence (AI) and machine learning (ML) have opened up significant application possibilities, from sensor-driven weather prediction to driverless cars to intelligent chatbots. Development teams have enabled these breakthroughs by leveraging automation to rapidly prototype, iterate, and improve applications. As the scale, scope, and complexity of AI use cases increase, DevOps is fast becoming the preferred mode of build and delivery, as it helps reduce the development lifecycle and provides continuous delivery with high software quality.

This article outlines how AI can help DevOps teams better monitor, alert, and resolve issues in production pipelines to drive strategic business benefits, and explores the internal changes needed to ensure enterprise-readiness for AI-enabled DevOps.

2020-10-28 00:00:00 Read the full story…
Weighted Interest Score: 3.6137, Raw Interest Score: 1.9127,
Positive Sentiment: 0.6302, Negative Sentiment 0.3096

What is Data Leakage in ML & Why Should You Be Concerned

Imagine this scenario — you have tested your machine learning model well, and you get absolutely perfect accuracy. Happy with a job well done, and then decide to deploy your project. However, when the actual data is applied to this model, you get poor results. So, why did this happen?

The possible reason for this occurrence is data leakage. It is one of the leading machine learning errors. Data leakage in machine learning happens when the data used to train a machine-learning algorithm happens to have the information the model is trying to predict; this results in unreliable and bad prediction outcomes.

Whys & Hows of Data Leakage – In order to properly evaluate a particular machine learning model, the available data is split into training and test subsets. Invariably, it so happens that some of the information from the test subset is shared with the training subset, and vice versa. Hence, whichever machine learning model is subsequently created will give good results with the test subset. This causes us to overestimate the performance of the model. A very simple example of data leakage could be a model that uses response variables as the predictor, hence giving conclusions such as “dog belongs to the family of dogs.”

2020-10-28 08:30:48+00:00 Read the full story…
Weighted Interest Score: 3.5464, Raw Interest Score: 1.8218,
Positive Sentiment: 0.1317, Negative Sentiment 0.4170

A Modern Architecture for Interactive Analytics on AWS Data Lakes

Built upon cost-efficient cloud object stores such as Amazon S3, cloud data lakes benefit from an open and loosely-coupled architecture that minimizes the risk of vendor lock-in as well as the risk of being locked out of future innovation. However, the many benefits of cloud data lakes are negated if data is duplicated into a data warehouse and then again into cubes, BI extracts and aggregation tables.

Because of this, many organizations are now striving to find the right balance between their data warehouse and data lake investments. During this webinar, we’ll discuss how to find and best implement that balance for your organization. We’ll also provide a live demo that shows how Dremio and AWS Glue make it possible to run BI workloads directly on the S3 data lake.

2020-11-10 00:00:00 Read the full story…
Weighted Interest Score: 3.3884, Raw Interest Score: 1.9008,
Positive Sentiment: 0.4959, Negative Sentiment 0.0000

Enabling AI for Real World Results at Data Summit Connect Fall 2020

Comprehending natural language text with its first-hand challenges of ambiguity, synonymity, and co-reference has been a long-standing problem in natural language processing.

Transfer learning uses some of the models that have been pre-trained on terabytes of data and fine-tunes them based on the problem at hand. It’s the new way to efficiently implement machine learning solutions without spending months on data cleaning pipeline.

Jayeeta Putatunda, senior data scientist, Indellient US Inc., discussed how to implement language model BERT during his Data Summit Connect Fall 2020 session, “The Power of Transfer Learning in NLP using BERT.”

2020-10-22 00:00:00 Read the full story…
Weighted Interest Score: 3.3780, Raw Interest Score: 2.0903,
Positive Sentiment: 0.2424, Negative Sentiment 0.1818

Data Summit Connect Fall 2020 Presentations Now Available On-Demand

Videos of presentations from Data Summit Connect Fall 2020, a 3-day series of data management and analytics webinars presented last week by DBTA and Big Data Quarterly, are now available for on-demand viewing on the DBTA YouTube channel.

Whether your interests lie in the technical possibilities and challenges of new and emerging technologies or using the wealth of data your company is collecting for business intelligence, analytics, and other business strategies, Data Summit Connect Fall 2020 presentations have something for you—so take another look,…
2020-10-26 00:00:00 Read the full story…
Weighted Interest Score: 3.3012, Raw Interest Score: 1.7882,
Positive Sentiment: 0.0000, Negative Sentiment 0.4127

NASA’s New AI Tool Can Spot Craters On Mars

Amid NASA’s progress in AI research starting from ML model to predict hurricanes to partnering with Google to make quantum computing accessible, it has now developed a new AI tool to classify a cluster of craters on Mars.

The launch of this new AI tool, built on a machine learning algorithm, was aimed at helping scientists to reduce their process time of scanning a single Context Camera image. Thus, researchers from Jet Propulsion Laboratory (JPL), created this tool also called an “automated fresh impact crater classifier”, where for the “first time” researchers are leveraging AI to identify unknown craters on the Red Planet, stated by NASA, in their statement.

According to their news release, typically scientists and researchers spend hours each day studying images to understand “dust devils, avalanches, and shifting dunes,” and approximately 40 minutes to scan a single Context Camera image; however this tool will significantly reduce the processing time and advance the workflow massively.

2020-10-26 08:06:58+00:00 Read the full story…
Weighted Interest Score: 3.2827, Raw Interest Score: 1.4302,
Positive Sentiment: 0.1117, Negative Sentiment 0.0670

FAST-TRACKING DATA ANALYTICS IN FINANCIAL SERVICES

With financial services organizations under pressure to act quickly, responsibly and accurately to change, data analytics and Business Intelligence (BI) professionals have been instrumental in helping businesses remain resilient and accelerate decision-making.

To understand more about how they’re adapting to the new world of financial services and enabling innovation, Exasol has interviewed and surveyed professionals from financial services organizations in FTSE 100 and Fortune 500 lists to reveal which strategies …
2020-10-22 00:00:00 Read the full story…
Weighted Interest Score: 3.2787, Raw Interest Score: 1.4572,
Positive Sentiment: 0.3643, Negative Sentiment 0.0000

Shares of F5 Networks jump 5% as focus on cloud software and services continues to fuel growth

Seattle-based F5 Networks saw shares rise more than 5% in after-hours trading Monday after its fiscal fourth quarter earnings report beat expectations.

The company posted revenue of $615 million, up 4%, and non-GAAP earnings per share of $2.59. Wall Street expected revenue of $606 million and EPS of $2.37.

F5 Networks continues to benefit from its move into software and services, expanding beyond its traditional networking hardware business. Software revenue was up 36% from the year-ago quarter.
2020-10-26 21:21:00+00:00 Read the full story…
Weighted Interest Score: 3.2621, Raw Interest Score: 2.2637,
Positive Sentiment: 0.2264, Negative Sentiment 0.0566

The Future of Augmented Intelligence: A Q&A with RingDNA

There are legitimate fears about human workers being replaced by machine learning and robots. It is bound to happen, at least on some scale. But instead of succumbing to unreasonable fears about machines destroying jobs en masse, workers are better served preparing for the inevitable adoption of new technology and embracing the opportunity to improve their productivity with AI–augmented intelligence, that is.

That’s the gist of the message from Howard Brown, the CEO of ringDNA, a Southern California company that uses machine learning techniques to boost the efficiency of its software for inside sales representatives. Brown recently sat down virtually to participate in a written Q&A with Datanami. Here’s what Brown had to say:

Datanami: What’s the best way to approach AI for businesses that want to augment their workers with AI as opposed to replacing them with it?

2020-10-21 00:00:00 Read the full story…
Weighted Interest Score: 3.1860, Raw Interest Score: 1.3789,
Positive Sentiment: 0.5557, Negative Sentiment 0.2470

This Is Why Netflix Scored An Attractive Rating This Month

Netflix was destined from the beginning to be one of the most successful stay-at-home stocks from the start of the pandemic. The company has seen astonishing new subscriber numbers this year, totaling over 28.1 million in the first three quarters.

Their revenue is also up 18% in the last fiscal year, with three-year gains bringing revenue from $11.7 billion to nearly $20.2 billion. At the same time, their operating income has grown 287% from $839 million to nearly $2.6 billion.

But now, the company’s massive success has come to bite their stock in the rear.

2020-10-22 00:00:00 Read the full story…
Weighted Interest Score: 3.1435, Raw Interest Score: 1.5018,
Positive Sentiment: 0.3107, Negative Sentiment 0.2071

Here’s the pitch deck South Korean startup Riiid used to raise $42 million to build AI-powered education technologies

South Korean startup Riiid is building AI-powered tools to help schools improve the way they educate students.

The startup created a hit app which boosted the test scores of users taking a standardized English proficiency test in South Korea and Japan. Riiid expanded to Silicon Valley this summer with a plan to introduce AI-powered learning tools in school districts in the US, “Because of COVID-19, they are looking for alternatives,” 
2020-10-28 00:00:00 Read the full story…
Weighted Interest Score: 3.1301, Raw Interest Score: 1.3372,
Positive Sentiment: 0.3914, Negative Sentiment 0.0652

Databricks Plotting IPO in 2021, Bloomberg Reports

Databricks, which runs a unified data platform in the cloud and is the driving force behind Apache Spark, is preparing for an initial public offering (IPO), possibly in the first half of 2021, according to a report in Bloomberg last week.

The San Francisco company is looking at going public with a valuation in excess of $6.2 billion, which is what the company was worth a year ago when it raised $400 million in a Series F round, according to Bloomberg’s October 23 story.

Following Snowflake’s historic IPO last month, in which its valuation more than doubled from $33 billion to nearly $68 billion, Databricks is widely seen as one of the likeliest big data firms to test the public waters.

2020-10-26 00:00:00 Read the full story…
Weighted Interest Score: 3.0769, Raw Interest Score: 1.9475,
Positive Sentiment: 0.2264, Negative Sentiment 0.1359

Forrester: Top Emerging Technology Trends To Watch In 2021 And Beyond

According to Forrester, the next decade will require CIOs to both respond to digital acceleration and proactively manage uncertainty. Rapidly changing consumer trends, complex security concerns, the ethical use of artificial intelligence, and the increasing impacts of climate change will drive businesses to incorporate systemic risk into their long-term planning.

The Forrester report “Top Trends And Emerging Technologies, Q3 2020” highlights important trends and organizes emerging technologies into seven key domains that will play a big role in accelerating this shift: artificial intelligence; business automation and robotics; enterprise risk management; human experience and productivity; new compute architectures; next-generation communications; and Zero Trust security. Key trends include:

  • Rising demand for ethical AI.
  • Recasting of automation roadmaps.
  • Moving toward hyperlocal business operations.
  • Driving innovation everywhere using cloud-native technologies.
  • Shifting cloud strategies toward the edge.

2021-10-28 00:00:00 Read the full story…
Weighted Interest Score: 3.0519, Raw Interest Score: 1.4881,
Positive Sentiment: 0.2790, Negative Sentiment 0.0775

Bringing Real Options Trading to the Commercial Real Estate Market

Consider the value of a 15-story Class B office building with four elevators in the central part of any American city. While its value may have always fluctuated, based on some tangible, measurable factors you could estimate closely its value in February 2020. Then came the pandemic.

All the tenants are now working successfully from home. You don’t know how many will renew their leases or what office space in general will be worth post-pandemic. Now multiply that scenario tens of thousands of times across every class of commercial real estate and you begin to see the scope of the commercial real estate valuation problem.

2020-10-27 07:01:52+00:00 Read the full story…
Weighted Interest Score: 3.0286, Raw Interest Score: 1.6430,
Positive Sentiment: 0.2215, Negative Sentiment 0.1846

Making Use Of AI Ethics Tuning Knobs In AI Autonomous Cars

There is increasing awareness about the importance of AI Ethics, consisting of being mindful of the ethical ramifications of AI systems.

AI developers are being asked to carefully design and build their AI mechanizations by ensuring that ethical considerations are at the forefront of the AI systems development process. When fielding AI, those responsible for the operational use of the AI also need to be considering crucial ethical facets of the in-production AI systems. Meanwhile, the public and those using or reliant upon AI systems are starting to clamor for heightened attention to the ethical and unethical practices and capacities of AI.

Consider a simple example. Suppose an AI application is developed to assess car loan applicants. Using Machine Learning (ML) and Deep Learning (DL), the AI system is trained on a trove of data and arrives at some means of choosing among those that it deems are loan worthy and those that are not.

2020-10-23 02:29:26+00:00 Read the full story…
Weighted Interest Score: 2.9548, Raw Interest Score: 0.8585,
Positive Sentiment: 0.1406, Negative Sentiment 0.2560

Microsoft Partners With Netflix To Create New Data Science Learning Modules

With the increasing requirement for more data scientists, ML experts, and AI engineers in every industry, Microsoft, in partnership with Netflix, has launched three new learning modules to guide learners through beginning concepts in data science, machine learning and artificial intelligence.

Inspired by the new Netflix original film — ‘Over the Moon’ these learning modules include three paths — planning a Moon mission using the Python Pandas Library; predicting meteor showers using Python and VC Code; and using AI to recognise objects in images using Azure Custom Vision.

The growing requirement of data scientists comes with criteria of having a broad set of skills from data analysis with no-code and low-code solutions which will help them with designing and writing intricate ML models and solve some of the planet’s most difficult problems. Keeping this in mind, Microsoft, partnering with Netflix, has launched these modules for providing high quality, free content to help learners develop their skills depending based on their professional goals and personal interests.

2020-10-26 06:02:27+00:00 Read the full story…
Weighted Interest Score: 2.7502, Raw Interest Score: 1.4764,
Positive Sentiment: 0.1988, Negative Sentiment 0.0852

The Top Trends in Data Management for 2021 – EXPERT PANEL

From the rise of hybrid and multicloud architectures, to the impact of machine learning and automation, the business of data management is constantly evolving with new technologies, strategies, challenges and opportunities. The demand for fast, wide-range access to information is growing. At the same time, the need to effectively integrate, govern, protect and analyze data is also intensifying. All the while, data environments are increasing in size and complexity — traversing relational and non-relational databases, transactional and analytical systems, and on-premises and cloud sites.

Join us for a special expert panel on December 10th to dive into the key technologies and strategies to keep on your radar for 2021.

2020-12-10 00:00:00 Read the full story…
Weighted Interest Score: 2.5974, Raw Interest Score: 1.6729,
Positive Sentiment: 0.0929, Negative Sentiment 0.0929

Expanding Your Data Science and Machine Learning Capabilities

Surviving and thriving with data science and machine learning means not only having the right platforms, tools and skills, but identifying use cases and implementing processes that can deliver repeatable, scalable business value. The challenges are numerous, from selecting data sets and data platforms, to architecting and optimizing data pipelines, and model training and deployment. As a result, new solutions have emerged to deliver key capabilities in areas including visualization, self-service and real-time analytics. Along with the rise of DataOps, greater collaboration and automation have been identified as key success factors.

To educate IT decision-makers and practitioners about new technologies and strategies for expanding data science and machine learning capabilities, DBTA is hosting a special roundtable webinar on June 24th. Reserve your seat today!

2021-06-24 00:00:00 Read the full story…
Weighted Interest Score: 2.5974, Raw Interest Score: 1.6536,
Positive Sentiment: 0.2611, Negative Sentiment 0.1741

What Does Data Archiving Bring To Healthcare Intelligence?

Healthcare organizations house enormous amounts of data – amounts that have been multiplied many times over since the widespread adoption of electronic health records (EHR) systems over the last decade. What few of these groups know how to reckon with, though, is how to best manage data that’s no longer in use – particularly data from systems the organization has since retired. What’s the best way to handle this information?

When data is no long…
2020-10-28 07:09:10+00:00 Read the full story…
Weighted Interest Score: 2.5530, Raw Interest Score: 1.5696,
Positive Sentiment: 0.1513, Negative Sentiment 0.2458

4 Blockers and 4 Unlockers for successful machine learning projects

4 Blockers and 4 Unlockers for successful machine learning projects

How to build reliable and useful machine learning systems

Machine Learning projects are known to fail frequently, according to Gartner 85% of all AI projects fail and even 96% deal with problems. When it comes to new technologies a high degree is normal, but these numbers are alarming. That might be that requirements for machine learning are not met, …
2020-10-28 18:04:09.388000+00:00 Read the full story…
Weighted Interest Score: 2.5411, Raw Interest Score: 1.6114,
Positive Sentiment: 0.1074, Negative Sentiment 0.2149


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