“Data doesn’t exist, it’s the insights and actions that do.”
- Ken Cukier, author of “Big Data”
Frequently asked questions
We have a Quant, what benefit is it to also have EDS
At EDS we believe its not the platform itself, but the decisions it enables that are important. That's why we take software development seriousely and leave the insights to your data science team - they spend less time (and resources) building software, and more time communicating the insights that drive performance for the investment team.
Is EDS for long-term or short-term investors
The answer is both - and we have both types of clients. Whether you are focused on that next quarter or focused 3-5 years out, EDS provides the insights to help you make the right decision.
How will EDS change or disrupt my investment strategy
EDS does not replace an existing process or approach. You still have to do the same work, but now you will just be open to a world of more powerful analysis that you probably didn't have the tools for before. The EDS Analytics Platform empowers users to define and quantify their intuitive investment approach, by integrating all of your data - internal, alternative, and fundamental data in one consistent, insightful and actionable process. It sounds buzz wordy, but its' true.
Can I upload my own data
Will EDS take more time
No, you should actually achieve sharper insight in less time using EDS. We aim to free up your time!
Can't I do this using Bloomberg and Excel
That would be like using a candle instead of a light bulb or a yellow legal pad instead of CRM software. But seriously, existing platforms are decades old and were never meant to scale to the needs of today's complex and data-driven world. Companies, such as Salesforce.com, Workday, Anaplan and now EDS are successful becasue they take users out of Excel and into a platform that is customized to your business and radically improves productivity and performance.
Do I need to know statistics to understand what you are talking about
How much time does it take to learn the EDS platform
EDS is productive out-of-the-box, because it is configured for your firm.
Can I try it out before buying
At EDS, our goal is quick time-to-value. We offer a 1 - 3 month Proof-of-Concept (POC) that meets your needs without a long term commitment.
Is it expensive
If you win, we win, but the price has to be right - We sell the platform on a per seat basis and the more team members that use it, the lower the price. Our pricing starts at $25k, which is a fraction of the cost to build out your own quant team. Importantly, we integrate several single point software solutions into the platform and increasingly our clients are able to free up funds as they pare down other vendors.
Would my data and analysis be private
Yes, each client has their own "sandbox" where their portfolios, custom features and analysis reside. We have undergone many security reviews, including the AITEC-AIMA Cyber Security Review Process.
Why doesn't every fund buy the platform
Who is the platform designed for
What are a few of the insights EDS can provide on the fly...
What financial metric correlates most closely with stock price on a historical basis?
How do I know what is the appropriate market multiple relative to the market that I should use for my price target?
How can I quantify my intuitive investment approach and add alt data inputs into the mix?
Are short interest changes a statistically significant signal to future price changes?
Is insider buying/selling a statistically significant signal to future price changes?
What macro factors are my stocks or portfolio tied to?
What are my alternative data sets indicating about my stock?
At what valuations do companies in a sector or across the market trade, with similar financial metrics?
What is the correct price target based on my financial metric assumptions?
How should positions in my portfolio be sized based on these price targets?
What 3 trades could I make in my current portfolio to decrease my factor exposure to Growth?
How has the stock historically reacted after reporting, with a price run up into the quarter?
How has ownership been changing versus a list of funds curated by investment type