Jefferies has joined hedge fund intelligence platform AltX’s growing list of investment bank clients. AltX helps firms who service, target and invest in the hedge fund industry find new clients and know their existing clients better.
AltX integrates machine learning, proprietary algorithms, behavioural science, relationship mapping, as well as traditional financial analytics, to improve workflow processes and ultimately allow users to make smarter, faster and more informed investment decisions in the hedge fund market.
AltX is used by multiple groups within financial institutions including Prime Brokerage, Equity and Credit Sales, Coverage, Asset Managers, Pension Funds, Investor Relations, and Family Offices, among others.
Peter Forlenza, Global Head of Equities at Jefferies, says: “Access to the best data, insights and analytics available is essential when evaluating information about clients and prospects. Getting the most from your data can be both difficult and time consuming, but AltX solves a lot of these frustrations. AltX adds another layer of due diligence while adding customer insights that will make my team’s processes even more efficient.”
Sam Hocking (pictured), CEO of AltX, adds: “Our aim is to streamline the investment decision process by bringing a new level of efficiency and discovery. Through AltX, users can quickly and easily take a more holistic view of the hedge fund market, find new clients and generate potential investment ideas.
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