To make smart financial moves, you need to draw insights from all sources available, including alternative data. While the web is full of valuable material, you need to be careful with your data harvesting process, as websites can block your access when suspicions arise. Thus, solutions like proxies are prominent as they assure public data extraction at scale and without IP blocks or restrictions.
Read this quick post to learn more about the use of proxies to gather alternative data in real-time, access geo-restricted content, and perform web scraping on a large scale.
Alternative data explained
Alternative data is fetched from non-traditional sources such as financial transactions, estate figures, geo-location data, rentals and leases, surveys, satellite data, and much more. Traditional data sources, like financial statements, sales figures, etc., are not always capable of providing an accurate and complete picture of the investing scene. This is the reason why many progressive companies turn to alternative data sources to complement their analysis and decision-making.
How do you gather alternative data?
The best way to collect alternative data is by web scraping with the help of automated tools and proxy servers. Some other options are raw data acquisition and third-party licensing.
How is alternative data used?
Hedge fund managers and investors use alternative data to evaluate market tendencies and identify investment opportunities. Also, various businesses can use it to research consumer behavior, and governments may use it for policy making.
How alternative data is changing the financial market
Gather undiscovered data assets and transform them into profit-generating business decisions by monitoring publicly available alternative data.
Real-estate market data
Foresee market changes based on real-time data anywhere in the world.
- Real estate offerings
- Rental and home prices
- Reviews of local businesses
- Building permits
- Energy independence
E-commerce data
Monitor pricing trends, reviews, and changes of the most popular items.
- Up-to-date product information
- Purchasing behavior data
- Search engine trends
- Customer reviews
- Social engagement
Company data
Get a better understanding of company strategy and organizational growth.
- Employee turnover data
- Job postings
- Information from company registers
- Employee satisfaction score
- Mergers and acquisitions rumors
Web scraping solutions for alternative data
If scraping sessions feel more like torture to you, you’re in the right place. With the help of our web scraping solutions, you will extract helpful business insight from any publicly available target anywhere in the world. Save your precious time and money while building strong authority in financial matters.
Real-time data gathering
If you want to unveil market trends as soon as they pop up, you should get only fresh data. Oxylabs AI-powered solutions are tailored to extract real-time public data in ready-to-use formats. With them, you don’t need to waste time sorting through the collected data sets. Read more on the application of AI and ML in large-scale data-gathering operations here.
Possible risks
Whether your company collects publicly available data or provides in-depth financial analysis, you cannot risk basing insights on outdated or messy information. The entire economic well-being of a business may depend on the relevance and consistency of a data flow.
How can we help?
Oxylabs solutions allow the collection of real-time information from complex targets. Our Next-Gen Residential Proxies include an ML-based Adaptive Parser that returns parsed information in JSON format and helps companies focus on analysis the very second the data is extracted.
Gather data without any geo-restrictions
Alternative data sources are scattered all over the globe. To access them, you need to fight geo-restrictions. With our premium proxies, it should no longer be an issue. Get precise data on a city level, and rest assured you’re not missing out on new financial opportunities.
Possible risks
You can extract information on retail trends, e-commerce intelligence, and real-estate market analysis from web data sets. As most websites provide data based on users‘ IP addresses, acquiring such specialized information from a certain location might be challenging.
How can we help?
Oxylabs' global proxy network covers 195 locations worldwide and consists of 100M+ IPs. With our high-quality proxies, you can access and monitor public web data no matter your geo-location. From now on, no geo-blocks can come between you and the right financial decisions.
Web scraping at scale
To provide the most accurate analysis, you need to access and gather enormous amounts of alternative market data. It can be possible only with the help of advanced tools in order to scrape hundreds of targets and boost your financial intelligence.
Possible risks
You need to go through countless sources to collect tons of web data. Each of them has anti-scraping mechanisms in place, which complicates the process. If you want to always be on top of the market, you need to set up your data collection routine.
How can we help?
With our AI-based enterprise-grade solution, you can scrape publicly available data on a large scale. Our proxies ensure that you can easily reach multiple targets and maximize the potential of big data. No blocks, no CAPTCHAs - only loads of insightful information.
Next-Gen Residential Proxies for alternative data
Next-Gen Residential Proxies are an AI & ML-powered enterprise-grade API solution that increases your success rates effortlessly regardless of the target's complexity.
- Gather accurate data with a high success rate
- Shorten the path between data collection and analysis
- Monitor information sources around the globe
Find out more by clicking here.
Added benefits of Next-Gen Residential Proxies
- ML-based Adaptive Parser
Get parsed alternative information from any complex public target.
- AI-powered dynamic fingerprinting
With human-like browsing, forget about CAPTCHAs and IP bans.
- Auto-retry system
The smart system will push every request you make to its limits until successful.
- Global coverage
Access multiple geo-locations (100+ countries) with Oxylabs’ 100M+ IP proxy pool.
- JavaScript rendering
This AI-based solution will render JavaScript before passing the result back.
- Hassle-free integration
You can easily integrate these proxies and avoid unnecessary hassle.
Summing up
While there are other solutions to streamline alternative data gathering, Next-Gen Residential Proxies do the job remarkably well. With the power of AI and ML, these proxies guarantee high success rates regardless of the target’s co