News from Alqami: Opportunities lie where current challenges are faced
Data has been the driving force behind investment success since the Buttonwood agreement was signed in 1792 near a wall in southern Manhattan that had originally been constructed to keep out pirates (and the British). Paul Reuter, founder of the eponymous Reuters, started his data career using pigeons to transmit stock prices before switching to using early telegraph technology to increase speeds. By 1870 this technology led to the ticker tape, which ruled the world of equity price transmission for the next 100 years. In the meantime, companies began publishing more detail around their operations, and the analyst and investor communities craved more data to drive their insights and investment decisions.
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