by Yieldstreet | Staff
Data is the most valuable asset a company has, and what a company does with that data can be a great indicator of its success. But what do data and trading mean for you? In this episode of The Yield, Yieldstreet CFA Peter Kerr is joined by Francis Wenzel as they discuss the role and accessibility of data as it relates to trading, compliance, artificial intelligence, and machine learning within the financial markets. Francis is a financial data and technology expert who is applying his knowledge and experience to TickSmith, a true “FinTech” software company that combines cutting-edge technology and deep knowledge in Capital Markets to reach new summits of innovation. Driven by more data-intensive data requirements for trading, compliance, artificial intelligence, and machine learning, there has never been so much traditional and alternative data to work with. TickSmith’s highly scalable, modular platforms, built on open-source technologies are crucial in today’s data-driven world.
[1:46] Enterprise software company or cutting-edge fintech? TickSmith is actually both.
[5:52] Data privacy concerns at every usage level of company and individual data.
[8:31] Why are capital markets so interested in data?
[12:25] Correcting the pitfalls in the buy-side capital markets and a look at one of the biggest new trends in data sharing.
[15:00] TickSmith’s role as a data platform seller, and how data might be utilized moving forward.
[20:17] Benefits of using charting and technician analysis tools.
[23:15] The financial potential that comes with understanding and utilizing data.
[25:06] Practical use cases of data in blockchain and cryptocurrencies.
[28:17] The computer revolution is bigger than the industrial revolution.
So what do companies do with all of this data? It comes down to three key concepts — white room, which is a neutral application of that data; internal data distribution, which allows data to be accessed for use within the company; and selling data, which addresses the concept of packaging data products in a way that doesn’t result in any data privacy issues. Capital markets in particular are interested in data because finance itself is driven by data. And with so many applications for financial data, the value of this content is extremely high.
The buzzwords in the computer revolution — cloud, AI, machine learning — all share the same truth — that it has become cheaper than ever to do any type of computing, to store data, and to utilize computing-intensive applications within finances. With the use of all of the stored data, more and more companies are looking for ways to apply this data to benefit their company’s bottom line. This means that the need to acquire data is becoming stronger and stronger. The demand for alternative data has moved outside of just capital markets, hedge funds, and the buy-side looking for this type of content for their models.
New trends in data sharing and data rental are opening up new realms of possibilities when accessing data while keeping that data with the firm that owns it. Not only does this trend reduce data leakage while still providing access to the content, it keeps data from physically being transferred and greatly increases data security.
But how will data be utilized moving forward? The data economy aims to further innovation and the utilization of data is clearly serving companies globally. According to Francis, “in the future, data will be perceived the same as any other good.” And the result will be a simplification of details and an improved customer experience across the board.
And who is buying data today? As more data becomes available, its practical applications are becoming more useful to a wider variety of users. And as more people are educated about what data they themselves individually represent, how it moves around, and how they can even personally eventually leverage that data, the opportunities to sell it or make some money around it will also increase. To learn more about how data leverage can help you realize your next level, visit yieldstreet.com today.
Take all of our content on the go with you and listen on demand no matter where you are. Subscribe on Apple Podcasts, Spotify, YouTube, or wherever podcasts are available so you don’t miss an episode.
Sign up with Yieldstreet and be the first to know about our latest offerings, recent news, upcoming events, and more.Your email will never be shared and will only be used for Yieldstreet updates. Already a Yieldstreet member? You're already set up to be notified.
Sign up with your email address
Securely verify your identity and link a bank account
Verify your accreditation (if applicable) to access all of Yieldstreet’s offerings.
Our weekly podcast providing ideas about how to make money work for you and bring you closer to your dreams.
1 Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All securities involve risk and may result in significant losses.
2 Represents an average net realized internal rate of return (IRR) with respect to all matured investments in your portfolio, utilizing the effective dates and amounts to and from the investments and net of management fees and all other expenses charged to the investments. Past performance is not a reliable indicator of future results and should not be relied upon as the basis for making an investment decision. All securities involve risk and may result in significant losses, including the loss of principal invested.[read more]
3 "Annual interest" or "Annualized Return" represents an annual target rate of interest or annualized target return and "term" represents the estimated term of the investment. Such target interest or target returns and estimated term are projections of the interest or returns and or term and may ultimately not be achieved. Actual interest or returns and term may be materially different from such projections. This targeted interest or returns and estimated term are based on the underlying investments held by the applicable.
4 Reflects the annualized distribution rate that is calculated by taking the most recent quarterly distribution approved by the Fund's Board of Directors and dividing it by prior quarter-end NAV and annualizing it. The Fund’s distribution may exceed its earnings. Therefore, a portion of the Fund’s distribution may be a return of the money you originally invested and represent a return of capital to you for tax purposes.
5 Represents the sum of the interest accrued in the statement period plus the interest paid in the statement period.
6 The internal rate of return ("IRR") represents an average net realized IRR with respect to all matured investments weighted by the investment size of each individual investment, made by private investment vehicles managed by YieldStreet Management, LLC from July 1, 2015 through and including Dec 22th, 2021, after deduction of management fees and all other expenses charged to investments.
7 Investors should carefully consider the investment objectives, risks, charges and expenses of the Yieldstreet Prism Fund before investing. The prospectus for the Yieldstreet Prism Fund contains this and other information about the Fund and can be obtained by emailing [email protected] or by referring to www.yieldstreetprismfund.com. The prospectus should be read carefully before investing in the Fund. Investments in the Fund are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency) and are not guaranteed by Yieldstreet or any other party.
8 This tool is for informational purposes only. You should not construe any information provided here as investment advice or a recommendation, endorsement or solicitation to buy any securities offered on Yieldstreet. Yieldstreet is not a fiduciary by virtue of any person's use of or access to this tool. The information provided here is of a general nature and does not address the circumstances of any particular individual or entity. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of this information before making any decisions based on such information.
No communication by YieldStreet Inc. or any of its affiliates (collectively, “Yieldstreet™”), through this website or any other medium, should be construed or is intended to be a recommendation to purchase, sell or hold any security or otherwise to be investment, tax, financial, accounting, legal, regulatory or compliance advice. Nothing on this website is intended as an offer to extend credit, an offer to purchase or sell securities or a solicitation of any securities transaction.
Any financial projections or returns shown on the website are estimated predictions of performance only, are hypothetical, are not based on actual investment results and are not guarantees of future results. Estimated projections do not represent or guarantee the actual results of any transaction, and no representation is made that any transaction will, or is likely to, achieve results or profits similar to those shown. In addition, other financial metrics and calculations shown on the website (including amounts of principal and interest repaid) have not been independently verified or audited and may differ from the actual financial metrics and calculations for any investment, which are contained in the investors’ portfolios. Any investment information contained herein has been secured from sources that Yieldstreet believes are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor.
Private placement investments are NOT bank deposits (and thus NOT insured by the FDIC or by any other federal governmental agency), are NOT guaranteed by Yieldstreet or any other party, and MAY lose value. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through the website. Investors must be able to afford the loss of their entire investment.
Investments in private placements are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest. Additionally, investors may receive illiquid and/or restricted securities that may be subject to holding period requirements and/or liquidity concerns. Investments in private placements are highly illiquid and those investors who cannot hold an investment for the long term (at least 5-7 years) should not invest.
Alternative investments should only be part of your overall investment portfolio. Further, the alternative investment portion of your portfolio should include a balanced portfolio of different alternative investments.
Articles or information from third-party media outside of this domain may discuss Yieldstreet or relate to information contained herein, but Yieldstreet does not approve and is not responsible for such content. Hyperlinks to third-party sites, or reproduction of third-party articles, do not constitute an approval or endorsement by Yieldstreet of the linked or reproduced content.
Investing in securities (the "Securities") listed on Yieldstreet™ pose risks, including but not limited to credit risk, interest rate risk, and the risk of losing some or all of the money you invest. Before investing you should: (1) conduct your own investigation and analysis; (2) carefully consider the investment and all related charges, expenses, uncertainties and risks, including all uncertainties and risks described in offering materials; and (3) consult with your own investment, tax, financial and legal advisors. Such Securities are only suitable for accredited investors who understand and willing and able to accept the high risks associated with private investments.
Investing in private placements requires long-term commitments, the ability to afford to lose the entire investment, and low liquidity needs. This website provides preliminary and general information about the Securities and is intended for initial reference purposes only. It does not summarize or compile all the applicable information. This website does not constitute an offer to sell or buy any securities. No offer or sale of any Securities will occur without the delivery of confidential offering materials and related documents. This information contained herein is qualified by and subject to more detailed information in the applicable offering materials. Yieldstreet™ is not registered as a broker-dealer. Yieldstreet™ does not make any representation or warranty to any prospective investor regarding the legality of an investment in any Yieldstreet Securities.
Banking services are provided by Evolve Bank & Trust, Member FDIC.
Investment advisory services are provided by YieldStreet Management, LLC, an investment advisor registered with the Securities and Exchange Commission.
Our site uses a third party service to match browser cookies to your mailing address. We then use another company to send special offers through the mail on our behalf. Our company never receives or stores any of this information and our third parties do not provide or sell this information to any other company or service.