Advan Research Corporation, the leading geolocation data provider for the financial industry, announces version 10 of its data, which adds 867 tickers (926 including subsidiaries) bringing its total coverage to 1,261 tickers (1,622, including subsidiaries) and over 1,500,000 physical locations.
"Consistent with Advan’s history of providing higher coverage than any other geolocation data provider, as well as most other alternative data providers, we are excited to triple our coverage in our latest version" said Yiannis Tsiounis, Ph.D., Advan’s CEO. "Our customers have been taking advantage of our coverage increases to expand the tradeable universe utilizing foot traffic counts, with a direct impact to their bottom line."
Advan Research Corporation, the leading geolocation data provider for the financial industry, has appointed Grigorios Reppas as its COO.
Reppas joins Advan from MarketAxess, an electronic trading platform for fixed income products, where he was the Global Head of Hedge Fund Sales and CDS product manager, from 2010-2017. He will report to Yiannis Tsiounis, Ph.D., founder and CEO of Advan.
"I am excited for the opportunity to be in the forefront of actionable location-derived data, one of the newest and most innovative sources of alpha in the financial space, with a team and leadership that I know intimately from our time in Moody's and BQuotes," said Grigorios.
In his new role Grigorios will primarily focus on streamlining and expanding the current data offerings, from the maintenance of entities covered and geofencing operations, to the financial research. He will also assist on the firm's business development and sales departments.
"I am very pleased to be working with Grigorios again after our tenure more than a decade ago at BQuotes," said Yiannis. "Grigorios' unique experience in the financial technology industry, along with his energy and enthusiasm will help Advan continue to deliver innovative products in the rapidly growing geolocation research market."
Advan is the leader in the Big Data geolocation space, enabling participants in the financial industry to analyze foot traffic data across multiple sectors, including consumer services, energy, technology, healthcare, REITS, financials and others. Advan derives its datasets using multi parameter models that analyze cellphone location data crossed with curated geofenced areas.
Top tier institutional investors spanning from quantitative hedge funds to fundamental asset managers have been the main consumers of Advan's products.