Sam Hocking, CEOHedge funds are a critical component of a diversified portfolio. But they are by nature complex investment vehicles and difficult to penetrate because of the complexity and often the lack of transparency in the market. There is not a ‘one fund fits all’ approach to hedge fund investing as the most well known hedge funds may not fit an investor’s risk or return profiles. But, there’s a firm that’s changing the landscape for everyone in the hedge fund market. AltX—a San Francisco based company whose technology platform integrates machine learning, artificial intelligence, proprietary algorithms, relationship mapping, as well as traditional financial analytics, is enabling users to make smarter, faster and more informed investment decisions in the hedge fund market. “Backed by a team of data scientists and former hedge fund industry professionals, we have devised a technology to capture the gravitas of big data, artificial intelligence capabilities and provide users with insights into real time trends and happenings within the hedge fund marketplace,” notes Sam Hocking, CEO, AltX.
Providing a technology platform designed to improve the process to search and discover funds that match your target criteria, AltX efficiently analyzes customer’s data to unveil unique insights on client’s investments and opportunities. AltX brings together the world’s largest amount of both structured and unstructured data specific to the hedge fund market on one platform leveraging technology built to triangulate data and provide superior manager and market insights. These insights allow clients a more efficient and lower cost method for evaluating investment ideas and opportunities in the hedge fund market. This helps firms who service, target, and invest in the hedge fund industry, find new clients and know their existing ones better.
AltX insights include detailed intelligence on positions, leverage ratios, network graphing, news and events associated with funds updated in real-time and more. “Our comprehensive data and collaborative platform increases workflow productivity while creating actionable insights which enable users to understand their data better,” explains Hocking. Leveraging the firm’s platform, customers can effectively discover and monitor their funds while having a new level of insight on their alternative investing decisions.
AltX has evolved the off-line approach to one that embraces the industrial revolution happening in the financial industry. Our differentiation lies in our ability to augment human decision making and expertise with big data and technology
Working with investment banks, hedge funds, service providers, consultants as well as asset and wealth managers to draw a comprehensive financial picture, AltX discovered that users often lack well-designed products that deliver a high-end user interface and experience. “Our platform is designed to deliver newly-found consumable information to the user, intuitively, and at a much quicker pace, enabling them to understand the entire ecosystem better,” mentions Hocking. Several hedge funds clients use this information and consistent datasets to conduct peer analyses, rankings, and reviews to generally understand their compatibly in an unconcealed way.
Hocking has been identifying the individual components that would comprise the AltX platform for many years; he first observed multiple inefficiencies in an often-antiquated capital allocation process that is common across the industry while running the Prime Brokerage business at two of the world’s largest banks. Hocking knew there had to be a way to integrate technology into the process and evolve the hedge fund marketplace. The goal was to find a better way for investors to discover funds that fit their performance needs and today the company is doing just that. “AltX has evolved the off-line approach to one that embraces the industrial revolution happening in the financial industry. Our differentiation lies in our ability to augment human decision making and expertise with big data and technology."