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Eagle Alpha raises $1.5 million put up from individuals at the buy-side and sell-side in New York, London and Hong Kong(M2 PressWIRE Via Acquire Media NewsEdge) London -- Eagle Alpha has raised US$1.5 million to fund product development and drive sales and marketing efforts. The financial backing, put up from individuals from the sell-side and buy-side, proves the value of Eagle Alpha's tools to the industry. As a financial information and data provider, Eagle Alpha's experienced research analysts use technology to identify insightful information on the internet. This includes data on long-term trends and themes (e.g. a research report on the Chinese credit market and shadow banking), online intelligence (e.g. blogs, tweets, posts, videos by management) and market-moving information (e.g. news obtained before traditional newswires). Guglielmo Sartori di Borgoricco, one of Eagle Alpha's investors and former Global Head of Distribution at Barclays Capital Inc., said: "The largest information resource in the world is the internet. However, the signal-to-noise ratio is extremely low. Eagle Alpha's approach of curating the web using a combination of technology and human curation is unique in the Square Mile. Having worked in finance for 25 years, I believe Eagle Alpha has developed a model which delivers significant competitive advantage to its clients in a way we've never seen before." Eagle Alpha was founded in September 2012 by a former Morgan Stanley investment banker, Emmett Kilduff. Eagle Alpha has a world-class team; the investors and advisory panel includes experience at companies including Barclays, Cairn Capital, Cantor, Credit Suisse, HSBC Asset Management, Jefferies, JP Morgan, Knight Capital, Macquarie, Markit, MergerMarket, Morgan Stanley and Oaktree. Emmett Kilduff, CEO of Eagle Alpha, said: "I see this injection of funds as a double vote of confidence. First, it's a clear backing of the Eagle Alpha team and our ability to deliver previously untapped investment intelligence. And second, it's a vote of confidence in the potential of the web to continually provide fresh market insights." Eagle Alpha launched its first product a year ago and the company's product portfolio includes: Free Insights (insights on US stocks, UK stocks and Global Macro), Social Sonar (the world's first compliant-friendly way to access the best content from the entire web in real-time) and Global Macro (for buy-side clients, its research analysts curate the entire web for the most insightful Global Macro information). Since launch, Emmett and his team have signed up clients from the buy-side and sell-side as well as inter-dealer brokers, private bankers and others. James MacLachlan, Senior Trader, CF Global explains why he has been using Eagle Alpha's Social Sonar: "From game-changing CEO opinions to instant reaction around key financial news and company reporting, Social Sonar is an essential addition to the run-of-the-mill industry newswire services and gagged sell-side analysts." . (c) 2014 M2 COMMUNICATIONS |