Local LLMs can now handle ticker mapping for alternative data
Benchmarking open-weight LLMs for alt data pipelines
Alternative Data
How good are LLMs at tickerization?
For data to be marketable to investors, it usually must be mapped to asset-level identifiers, commonly known as tickers. An…
If data is oil, AI is the shale revolution
On December 10, 1967, the U.S. government detonated a 29 kiloton nuclear device under a rock formation near Dulce, New…
Your LLM’s alpha might be mere memorization
A new benchmark, Look-Ahead-Bench, shows that LLM-based investment strategies can generate spectacular in-sample alpha that collapses once the test window…
Why alternative data trials fail
The reality of selling alt data to quant funds Almost every data provider’s pitch includes a chart that looks like…
Why quants pay more for point-in-time data
When quant investors encounter a new dataset, one of the first questions they ask is whether the data is “point-in-time”…