Sit down before reading: Quantopian will be bringing you international equity support and a massive data catalog from one of the world’s largest data providers. We have partnered with FactSet to create unprecedented data access for our community.
We believe you can be more successful with more markets and more data. By partnering with FactSet, we are doubling down on our commitment to crowdsourcing and making allocations to the community. We will be integrating new data sources from FactSet and they will be freely available to the Quantopian Community. You'll be able to use the new data to research and develop strategies, enter the contest, pursue fund allocations, and collaborate with the rest of the community.
For years, we have been inundated with requests for enterprise sales and support from investment management firms large and small. We’ve always declined because we didn’t have a global team that could scale sales and support to make a successful SaaS business. FactSet has that scale today, and as part of our partnership will also begin selling a new service to their clients: Quantopian Enterprise.
We’ll be referring to the free service you know and love as Quantopian Community, and the new paid service as Quantopian Enterprise.
Quantopian Community will continue to have free access to all the functionality, new features, and existing data sources. Through our partnership with FactSet you will also begin to have free access to new data sources as we integrate, including: international market coverage, Supply Chain Relationships, RBICS (Revere Business Industry Classification System), Consensus Estimates, Ownership, and Geographic Revenue Exposure.
Quantopian Enterprise will run in parallel with our existing asset management business. The opportunity and path towards an allocation remains the same. Further, the community remains Quantopian’s north star for our product and for our company.
We are committed to maintaining parity between the Quantopian Community and Quantopian Enterprise platform capabilities. You will always have access to our latest and greatest quant workflow. There will be two important distinctions between Community and Enterprise:
Enterprise clients' algorithms will not be run through simulation or evaluated by Quantopian.
Quantopian Community access to the new FactSet data will be subject to a delay. For example, if a data source has a 1 year delay, Quantopian Community can access data through this date last year. All existing data sources will behave exactly as they do today.
When we started Quantopian, we wanted to bring quantitative finance knowledge, platform technology, and data to the world. Our dream was for anyone with the talent to have the opportunity to compete on a level playing field with industry titans. Partnering with FactSet brings us a big step closer to realizing that dream.
To learn more about this new initiative, visit: www.quantopian.com/factset.