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Placer.ai Location Analytics featured among the first premium data sets for Data Entitlements in {ALTD <GO>} enabling alpha-generating insights
Placer.ai and Bloomberg recently announced the next phase of their strategic collaboration enabling Bloomberg Terminal users with near real time access to deeper metrics like same store visits via Data Entitlements in {ALTD <GO>}. The partnership will both widen the variety of Placer.ai metrics currently available in the {ALTD <GO>} investment research solution while simultaneously cutting the lag time from two weeks to just a few days.
Placer.ai was introduced as the first external dataset in {ALTD <GO>}, Bloomberg’s Alternative Data Analytics Platform, in September of 2023 and was quickly utilized to help investors better qualify the performance and potential of public and private companies operating in the physical world. The latest announcement will further enhance this offering by introducing metrics like same store visits - the ideal proxy for same store sales - and decreasing the lag time to just a few days. The result is a more robust and real time view to better identify alpha generating opportunities.
Koby Ben Zvi, Founder and President of Placer.ai, said: “Our collaboration with Bloomberg has already helped redefine the way investors view an increasingly complex investment landscape. This next phase of our relationship will help investors identify trends and opportunities even faster while exposing them to more of the groundbreaking analytics that have made Placer.ai the key financial lens to understanding the physical world. We look forward to continuing to innovate alongside Bloomberg to further expand the boundaries of how investors maximize opportunities and avoid risk.”
Richard Lai, Global Head of Alternative Data at Bloomberg, said: “{ALTD <GO>} is grounded in our commitment to providing clients a multi-dimensional view of company performance and the ability to nowcast more company KPIs at a lower lag. By collaborating with analytics providers like Placer.ai that are best-in-class in their respective domains, we are seamlessly integrating alternative data directly into investment research workflows and analytical tools on the Bloomberg Terminal.
About Placer.ai
Placer.ai is the most advanced foot traffic analytics platform allowing anyone with a stake in the physical world to instantly generate insights into any property or chain for a deeper understanding of the factors that drive success. Placer.ai is the first platform that fully empowers professionals in retail, commercial real estate, hospitality, economic development, and more to truly understand and maximize their offline activities. Find more information here: https://placer.ai/
About the Bloomberg Terminal
For more than four decades, the Bloomberg Terminal has revolutionized the financial services industry by bringing transparency and innovation to the capital markets. Trusted by the world’s most influential decision-makers, the Terminal provides real-time access to news, data, insights and trading tools that help our customers turn knowledge into action.
About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.
Media Contacts
Ethan Chernofsky, ethan@placer.ai , +972 54-316-2220
Bloomberg:
Robert Madden, rmadden29@bloomberg.net, +1 (646) 807-2213
