Alternative Data Use Cases for Commercial Banks

Understand Your Customers and Competitors with Alternative Insights

Commercial banks need real-time information to understand and grow their customer base, stay ahead of market trends, and gain an edge over competitors.

Read on to learn how customer reviews, social media traction, corporate job listings, and other sources of web-based alternative data drive business decisions and competitive intelligence efforts.

COMMERCIAL BANKS DATASETS

Leverage User Reviews to Empower Your Products

Challenge: The profusion of new banking and payments services means consumers are spoiled for choice. So product managers at commercial banks must track their own

by Benjamin Zweig

1. Introduction: Human Capital Data

A company is made up of many things, all coming together to create value that can ultimately be captured by investors. Understanding the components of a company is a critically important part of determining its value, a core activity of financial analysts and investors. For many years, financial researchers have built increasingly sophisticated models of valuation. The recent trend toward analyzing non-traditional or “alternative” data related to companies has only served to improve the understanding of company performance. While all of this represents positive advancements in financial sophistication, the largest and most

Enable Nowcasting with Real-Time Alternative Data Insights

Thinknum’s Alternative Data, updated daily, plugs the information gap for estimates of those economic variables that are announced relatively infrequently and with long delays.

The most innovative investors leverage alternative data to form complete signals around underlying economic activity in real-time.

Compare Job Listings for Real-Time Market Moves

Mile High: View Competitors’ Job Listings

Monitor shifts in the labor market in real-time as a proxy for company performance and market moves. View the number of open job listings at United Airlines and American Airlines in real-time, for example. Filter to gain in-depth

There has always been an abundance of data to track real estate, from property listings to government created indicators. However, most of this data is on a significant lag. Using alternative data from the web, savvy real estate investors can now get ahead of the market with data that is updated much more frequently. This guide contains a few examples.

Track Retail Churn by Individual Mall Location

Using mall directories from the web, track which stores are closing on a mall by mall basis. Analyze a REIT’s exposure to a retailer across multiple locations.

Industrial REITs: Tracking Warehouse Space

Alternative Data Applications: A Guide for UK Investors

As economic activity comes online, new data trails are left behind. The most innovative investors leverage this data for alpha-generating insights. The following use cases illustrate how Thinknum’s alternative datasets power investment decisions across UK companies.

Construction: Compare Hirings Over Time

Changes in a company’s demand for new hires is a valuable leading indicator for future corporate performance. Savvy investors look to job postings to predict a company’s performance. View the number of open positions at Balfour Beatty and Kier, for example. Then filter to gain in-depth competitive insights