NEW YORK, Nov. 6, 2017 /PRNewswire/ —Thasos Group, an alternative data intelligence firm that transforms real-time locations from mobile phones worldwide into objective and actionable insights, has been awarded “Best Overall Buy-Side Product” and “Best Buy-Side Newcomer (Vendor or Product)” for its “Streams” suite of services, at the 2017 Buy-Side Technology Awards, sponsored by Waters Technology.

Chosen by five buy-side-focused technology consultants and four Waters Buy-Side Technology journalists, the awards acknowledge excellence among the leading providers of technology products and services to the financial community. The “Best Buy-Side Newcomer (Vendor or Product)” award recognizes the most significant or groundbreaking product or company that has entered the marketplace since June of 2016. The “Best Overall Buy-Side Product” award is given to the top company or product among the winners of all 32 categories of awards, including trading platforms, analytics tools, cybersecurity providers and more.

“We are thrilled to have Thasos and our Streams services recognized for their innovative technology and the unique, actionable information we provide to investors and to companies,” said Greg Skibiski, CEO and founder of Thasos. “Thasos is committed to making alternative data accessible, including to those that lack teams of data scientists, and these awards are a testament to the importance of that mission and its success so far.”

With over five billion mobile phones broadcasting their locations throughout the world, Thasos taps the most powerful source of real-time data available today for measuring and forecasting economic activity across business sectors. Thasos uses the latest advances in artificial intelligence, distributed computing and privacy technology to turn billions of daily location events into highly accessible information that can be easily consumed, understood and acted upon by investors and business managers. Recent examples of Thasos’ impact on the industry are the Q2 2017 Mall REIT Foot Traffic Report and the Competitive Impact of Lower Prices at Whole Foods Report.

Subscribers to Streams receive daily time series information, organized by industry and ticker symbol, on a wide variety of performance metrics such as:

• foot traffic to stores, restaurants, malls and airports;
• deliveries to loading docks;
• employee hours worked on assembly lines;
• patient counts in hospitals, and
• many other relevant measurements for thousands of public and private companies across North America and Europe.

This intelligence is highly valuable to investors who dig deep into company fundamentals of a single business or quants who compare thousands of businesses with standard metrics. Business owners and operators who are looking to optimize processes, understand their customers and competitors, and make better, data-driven decisions also benefit from the Streams product line.

Winners of the 2017 Buy-Side Technology Awards were announced on Friday, November 3 during a ceremony in London.

About Thasos Group

Thasos is an alternative data intelligence platform that transforms real-time locations from mobile phones into objective and actionable insights on the performance of businesses, markets, and economies globally. Founded in 2011 at MIT, the firm is commercially successful with close to 25 hedge fund clients and scalable information products that have generated value for the last three years. Thasos’ management, investors and advisors are a who’s who of data scientists, hedge fund executives and academics, including PDT Co-Founder Ken Nickerson, Acadian Asset Management Founder Gary Bergstrom, former D.E. Shaw Chief Risk Officer Peter Bernard, MIT Media Lab co-creator Alex “Sandy” Pentland, and Andrew Lo, Director of the Laboratory for Financial Engineering at the MIT Sloan School of Management. Thasos occupies a unique position in the alternative data space by aggregating, validating, normalizing and analyzing the largest pool of high-quality mobile phone location data outside of Alphabet/Google and Apple.

For more information on Thasos Group, please visit www.thasos.com.

Media Contact

Michael Kingsley
Forefront Communications
+1 914-522-9471
michael@forefrontcomms.com

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SOURCE Thasos Group