Thasos, an alternative data intelligence firm that transforms location information from mobile phones worldwide into real-time, objective and actionable insights, is to offer geolocation data on FactSet’s Open:FactSet Marketplace (OFM).

The OFM will feature Thasos’ ConsumerStreams product, which covers over 120 publicly-listed consumer companies, providing daily foot traffic data from their US locations, with historical data available back to 2015 for time series analysis. The agreement is emblematic of the rapid growth in the use of alternative data, as banks and traditional market data firms strive to provide a complete picture of economic and business activity for their investor clients. ConsumerStreams provides data on visits to retailers, restaurants, hotels, theme parks and other consumer-facing companies.
 
The Open:FactSet Marketplace offers pre-linked, harmonised third-party data and solutions alongside FactSet’s own leading data feeds and applications. The platform encompasses diverse datasets covering numerous analytical angles, from environmental, social and governance (ESG) and sentiment data to shipping feeds and geolocation.
 
“We are thrilled to be working with industry-leader FactSet to magnify the impact of alternative data as it continues to become a necessity for investors,” says Greg Skibiski (pictured), Founder and CEO of Thasos. “As Thasos grows, we’re pleased to be working with a company with the unparalleled reach of FactSet. Thasos intelligence will now be helping even more of the world’s top investors make smart and insightful decisions in the capital markets.”
 
“When we launched the Open:FactSet Marketplace, we committed to providing our clients with high quality, innovative data,” says Richard Newman, Senior Vice President and Global Head of Content and Technology Solutions at FactSet. “We are pleased to be working with Thasos to offer wide-ranging geolocation data to our clients, helping them weave increased knowledge and deeper insight into their investment processes.”
 
Open:FactSet Marketplace clients can utilise the Thasos ConsumerStreams DataFeed to help identify and evaluate investment opportunities, as well as cross-validate other sources of data and information.