Digital Assets: Fidelity Offers Institutions “Sherlock,” A Data Analytics Solution For Digital Assets
Data and analytical tools – all in one place.
Fidelity Investments has unveiled Sherlock, a data solution for institutions that presents comprehensive fundamental and technical data on digital assets sourced from leading institutional data providers, presented in one central location. (BusinessWire)
Scope of data
The data from Sherlock covers blockchain, markets, social media, and news and research. It also includes development ecosystem data and in-depth analytics of the development of the technology underlying various digital assets.
“We’ve heard from institutional investors that there’s still a need for a comprehensive and accessible data solution,” said Kevin Vora, vice president, Product Management, Fidelity Center for Applied Technology (FCAT). “That’s what we’re introducing with Sherlock – robust and insightful datasets paired with highly intuitive tools to help clients make data-driven digital asset investment decisions.”
Adam Schouela, head of emerging technology, FCAT said: “Sherlock helps institutional investors research digital assets more efficiently, and we continue to experiment with it and explore how technology can help simplify other aspects of investing in this space.”
Sherlock contributes to alpha
“We’ve found the development data provided by Sherlock to be among the core differentiators from comparable platforms, and our team has successfully identified recurring alpha generation opportunities across altcoin markets by analyzing the developer dedication, developer activity and development network data that Sherlock offers,” said Junaid Ghauri, CIO and co-founder, Pareto Technologies.
Institutions can use Sherlock to refine their investment decisions, derive market insights, and keep their finger on the pulse of market momentum. They can also conduct portfolio modelling and backtesting.
“Sherlock helps us research more efficiently by giving us access to holistic, timely data, which is crucial in this fast-paced market,” said Kinjal Shah, senior associate, Blockchain Capital LLC.
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