Alternative Data Group Launches a New API Platform for Wrangling Alternative Data

NEW YORK, Sept. 27, 2018 /PRNewswire/ -- Alternative Data Group (ADG), a firm specializing in alternative investment data, launched the ADG API – a programmatic platform that gives clients an ability to automatically process raw alternative datasets, making it easier for institutional investors and vendors to safely extract structured company information and ensure a dataset free of Personally Identifiable Information (PII).

With the launch of the ADG API platform, Alternative Data Group is demonstrating its capability as a premier provider of algorithmic data solutions for the growing alternative data industry. The new ticker mapping service is a direct result of four years of artificial intelligence development into the domain of structuring raw data. The unique combination of machine learning systems and live graph databases allows ADG's mapping to reflect the daily updates in M&A activity and ownership structure. The companies identified by the API are merchants, manufacturers, hotel chains, subscription service providers, and many others, as well as their parent entities. 

Datasets such as credit card transactions, email receipts, and clickstream data could be used with the ADG platform.

The RESTful API suite will initially focus on helping firms extract structured company and ticker information from unstructured data. The individual tools in this release are:

Merchant mapper - tagging company names and tickers to unstructured text such as credit card data or email receipt data.

Domain mapper - identifying company names and tickers from domain URLs.

PII identification - detecting any personally identifiable information in unstructured text such as credit card transactions. IDSO compliant.

ADG is planning to augment its API offering with panel selection, trend detection and other tools scheduled for deployment in Q4 2018.

Alternative Data Group's API is live and available for testing at http://developer.altdg.com

About Alternative Data Group:

Alternative Data Group is a provider of research and development for institutional investors. It develops algorithmic products and analyses to address challenges specific to wrangling Alternative Data. It has pioneered the use of credit card data, email receipt data, geolocation and other datasets for the purposes of improving institutional investors' decision process. It has developed alternative data software and processes for the world's largest hedge funds. It is headquartered in New York City. For more information visit http://altdg.com

Alternative Data Group
Gene Ekster
info@altdg.com 
510-967-7977

SOURCE Alternative Data Group