-- the effort expended to go out and collect a lot of different types of (publicly available) alternate data
-- the look and feel of the interface
A few comments:
-- Who is the target audience?
The user has to convince themselves that this is useful data, and to do that they would have to run some backtests or statistics, and the data in its current form doesn't lend itself to that.
-- Confidence
The user also has to be confident that the data is accurate, and that it will stick around.
-- Exclusivity
The data will likely be useful to the extent that it is not widely shared. Decaying alpha is an age old problem so you don't have to have a solution but what are your thoughts around it?
I would respond with the following if this were my site:
-- You can get the data with history and CSV/JSON/machine readable format if you pay us $x/month.
-- The data accuracy and consistency trust can only build over time.
-- For alpha decay there will be a few select spots that are bid in auction that can get particular subsets of data early by a small amount of time (a day, 2 days). But there is no real solution to this other than constantly adding new alternate data and maybe not even then.
-- the effort expended to go out and collect a lot of different types of (publicly available) alternate data
-- the look and feel of the interface
A few comments:
-- Who is the target audience?
The user has to convince themselves that this is useful data, and to do that they would have to run some backtests or statistics, and the data in its current form doesn't lend itself to that.
-- Confidence
The user also has to be confident that the data is accurate, and that it will stick around.
-- Exclusivity
The data will likely be useful to the extent that it is not widely shared. Decaying alpha is an age old problem so you don't have to have a solution but what are your thoughts around it?