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.
Latest Alternative Investment News
Artificial Intelligence: A Molecule For Alzheimer’s Created By Exscientia’s AI Enters Clinical Trials
Oxford, UK-based Exscientia uses AI to design and create drug candidate molecules satisfying complex therapeutic requirements with revolutionary efficiency. Joint research by Exscientia with Sumitomo Dainippon Pharma Co., Ltd. (TYO:…
Vinted, a European startup that runs a marketplace for used clothing and home goods, announced its raise of $303 million at a valuation of $4.5 billion, post-money. That valuation is…
On Wednesday, Germany’s Federal Financial Supervisory Authority (BaFin) ordered challenger bank N26 to implement appropriate internal controls and safeguards and comply with general due diligence requirements to prevent money laundering…
The traditional [60:40] portfolio may no longer work over the long term. Sandi Bragar, managing director at Aspiriant, a wealth management firm based in Los Angeles with $14 billion in…