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Dmitri Alexeev B. G., Opalesque Geneva: Investment research can be a drudgery but analysts stick to the tried and tested methods despite it all. Some may dream of a day when all data - asset classes, portfolios, analytics - could be made cohesive at the click of a button.
Dmitri Alexeev, who has a PhD in mathematics and 20 years of experience in alternative investment research, has dreamt that dream and through his new firm in Chicago called AlphaBot, he aims to increase the efficiency of investment research tenfold.
People spend 90%, and sometimes more, of their time preparing for research, he says in a recent Opalesque TV interview . "They copy data from one excel spreadsheet to another, they have data macros, they create report layouts. Then they spend time looking at the manager and then they go back to spreadsheets to update them with new data as it comes in, populate another benchmark, meet another manager, copy their information into a new spreadsheet… This process takes a lot of time and for some reason, it is taken for granted in this industry. People think this is the way to do it. They don't realise that you can actually do this a lot faster. And if you focus on making investment decisions instead of the infrastructure, you can achieve that efficiency gain by ten times or m...................... To view our full article Click here
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