Press Releases
Advan Wins Best Alternative Data Provider at Inside Market Data and Inside Reference Data Awards 2020
New York, Sept 21, 2020

Advan Research Corporation, the only geolocation data provider servicing the financial industry, has been awarded Best Alternative Data Provider at the IMD/IRD Awards 2020.

The awards are overseen by the Waters Technology editorial team and recognize excellence within market and reference data, and enterprise data management. Winners are selected by an independent judging panel.

Advan won the best alternative data provider category in this year’s Inside Market Data and Inside Reference Data Awards due to the breadth and depth of its dataset and its suite of analytics, developed specifically for the global investment management community. The judging panel acknowledged the firm’s rigorous approach to data integrity and confidentiality that can help hedge funds and traditional asset managers differentiate their trading strategies.

"We are delighted to win this award. For the past five years we have been focused on developing the most accurate data and analytics for the financial sector. We are very proud to be recognized for our product innovation and focus on data quality," said Yiannis Tsiounis, CEO of Advan.

"Our efforts to deliver new sources of alpha to both fundamental and quantitative hedge funds have been recognized by Waters Technology and the marketplace as a whole. We now cover almost 2,500 companies on a T+1 basis, with point-in-time store locations, comparable store traffic, manually reviewed locations, and filtering of store hours for every location; these are high bars that no other alternative data provider has reached," said Grigorios Reppas, Advan’s COO.

About Advan
Advan provides hedge funds, real estate investors, retailers, and businesses with insights into foot and vehicle traffic and behavior that enable them to make better business and investment decisions. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity. Advan processes billions of daily foot traffic observations from thousands of cellphone applications on 150 million locations and over 2,250 companies across all sectors. Through its proprietary, manual geofencing it has developed the most extensive and accurate location data, available in seconds through a self-service dashboard. Advan also computes 20 years of weather data across all its covered locations along with 5 years of traffic data on commercial trucks.
Advan is headquartered in New York City. For more information please visit www.advan.us.

Advan Research Enhances Foot Traffic Coverage and Analytics
Adds Increased Panels, Country breakdown, Comparable Stores, Elevation


New York, June 30, 2020

Advan Research Corporation, the only geolocation data provider servicing the financial industry, announces significant enhancements to the breadth of data and analytics on its platform, giving investors a new level of confidence to support their trading and investment activity.

Advan added 170 new companies in its data, bringing the total coverage to 2,250 companies, of which 1,385 are publicly traded. The most precise point-in-time store openings and closings available in the market facilitate the forecasting of same store sales. The platform now also offers a breakdown by country and a broadened panel size for greater accuracy. Advan also added elevation details to the data. This means measuring on which floor a cellphone is located and distinguishing between, for example, visitors on different floors of a Mall, or visitors to a Starbucks on the ground floor and workers in the offices on the floors above.

"Our promise has always been to deliver the most detailed analytics and the best cellphone location data in the market. The addition of point-in-time store openings and closings on substantially all our covered companies is an example of our meticulous attention to detail. Pioneering enhancements such as country specific measurements and elevation levels reflect our ongoing effort to provide unique and uncorrelated alpha signals," said Yiannis Tsiounis, Ph.D., Advan’s founder and CEO.

"The level of accuracy demanded by fundamental investors has been the driving force behind this latest release, in which we have generated comparable store traffic for every company we cover, added new types of locations and companies, and increased our panel size by combining the best underlying data," said Grigorios Reppas, Advan’s COO.

Advan's geolocation data is based on exclusively opt-in data for over 100 million cellphones, with a 5 year history. The data covers over 1.5 million locations worldwide, each of which has been manually geofenced and reviewed by Advan. It includes foot traffic and dwell times, it enables precise measurement of hospital admissions and employee counts, and it tracks truck traffic to consumer-facing locations, factories, storage facilities and distribution centers. The data is fully anonymized and compliant with GDPR and CCPA.

In addition to these precomputed company metrics, Advan also provides custom traffic and cross-traffic analyses on any point of interest, from truck deliveries between warehouses to true trade areas of real estate locations.

About Advan
Advan provides hedge funds, real estate investors, retailers, and businesses with insights into foot and vehicle traffic and behavior that enable them to make better business and investment decisions. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity. Advan processes billions of daily foot traffic observations from thousands of cellphone applications on 150 million locations and 2,250 companies across all sectors. Through its proprietary, manual geofencing it has developed the most extensive and accurate location data, available in seconds through a self-service dashboard. Advan also computes 20 years of weather data across all its covered locations along with 5 years of traffic data on commercial trucks.
Advan is headquartered in New York City. For more information please visit www.advan.us.

Advan Adds Demographic Data to its Geolocation Platform for Advanced Insights into Migration Patterns
New York, May 28, 2020

Advan Research, a leading geolocation data provider, has developed a new data product for its geolocation platform that enables the modeling of real population migration patterns within and between cities, census block groups and other specified areas over time.

The enhanced data provides foot traffic and demographic attributes for workers, residents and visitors in a given area. The ability to anonymously track human movement based on specific characteristics and behavioral patterns can offer valuable insights to local authorities for urban planning and resource allocation. For the real estate and retail sectors, this data provides unique insights into medium and long-term migration trends as well as consumer behavior.

Yiannis Tsiounis, Advan's Chief Executive Officer, said: "Using machine learning we can understand a lot about human behavior, while ensuring complete privacy and anonymity. Alternative data can help us to better provide services and support where they are needed by understanding the changes taking place within communities. A tremendous advantage of location data and analytics is the almost real-time nature of these insights, meaning huge efficiencies for disciplines such as urban planning and development."

The demographic data can be broken down by city block, zip code, census block group, census tract, metropolitan statistical area, city or state. It is derived from Advan’s proprietary foot traffic and data models to offer unique insights into migration patterns and demographic metrics.

About Advan
Advan provides hedge funds, real estate brokers and investors, retailers, and businesses with insights into foot and vehicle traffic and behavior that enable them to make better business and investment decisions. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity. Advan processes billions of daily foot traffic observations from hundreds of cellphone applications on 150 million locations and 2,050 companies across all sectors. Through its proprietary, manual geofencing it has developed the most extensive and accurate location data, available in seconds through a self-service dashboard. Advan also computes 20 years of weather data across all its covered locations along with 4 years of traffic data on commercial trucks.
Advan is headquartered in New York City. For more information please visit www.advan.us.

Advan Simplifies Foot Traffic Comparison Between Properties with New Point-and-Click Functionality on REveal
Self-service platform for Real Estate brokers now available on mobile and tablet


New York, February 19, 2020

Advan Research, the leading geolocation data platform, has released new point-and-click functionality for REveal, its self-service dashboard, making it easier for Real Estate brokers to compare foot traffic volumes and True Trade Area for any property.

REveal is also now available on both mobile and tablet, giving brokers greater flexibility to view and compare property traffic statistics from anywhere.

The updated interface delivers instant visitor numbers for any building or commercial property in the US and other global locations. Users simply select the precise area they would like to map and, in seconds, can compare foot traffic over time, or against other locations. View as a heat map, in a chart, or download the data for bespoke modeling.

"Advan's mission is to turn our deep experience in financial technology into game-changing solutions for the Real Estate market. We have spent 5 years building the Ferrari engine - gathering the most accurate data in the market, and embedding institutional-level analytics. The new REveal functionality now gives Real Estate brokers turn-key access to this powerful customer information," said Yiannis Tsiounis, founder and CEO of Advan.

"With the rapid pace of change in Real Estate markets, brokers need fast insights and data they can rely on. We have manually geofenced millions of locations, meaning that we have foot traffic data for any building or commercial location, not just for retail venues. Our data is tested 95% accurate, giving guaranteed precise insights for any area," said Grigorios Reppas, COO of Advan.

Advan uses only opt-in, non-bidstream, location data from hundreds of millions of cellphones. Its data has been normalized and tested by the financial services industry since 2015.

About Advan
Advan provides hedge funds, real estate brokers and investors, retailers, and businesses with insights into foot and vehicle traffic and behavior that enable them to make better business and investment decisions. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity. Advan processes billions of daily foot traffic observations from hundreds of cellphone applications on 150 million locations and 2,050 companies across all sectors. Through its proprietary, manual geofencing it has developed the most extensive and accurate location data, available in seconds through a self-service dashboard. Advan also computes 20 years of weather data across all its covered locations along with 4 years of traffic data on commercial trucks.
Advan is headquartered in New York City. For more information please visit www.advan.us.

Advan Research Launches Interactive Map of Global Foot-Traffic Hot Spots
New York, April 16, 2020

Advan Research, a leading geolocation data provider, has developed a new and easy way to view locations around the world where people are congregating for prolonged periods of time.

The explicitly opt-in and fully anonymized data is provided via cell-phone applications. Residential areas are excluded from the data and no specific device information is shown or can be inferred. The data reveals those city blocks where people gather for longer than 15 minutes, excluding drive-by locations, based on the number of devices intersecting at that location.

The intention of the hot-spot map is to aid governments and local authorities to accurately assess whether stay-home orders are being adhered to by identifying the locations with the most consistent foot traffic. For individuals, it can also help inform the busiest locations to be avoided if possible.

Yiannis Tsiounis, CEO of Advan, said: "Geolocation data has the power to help us understand how movement around the world has changed as a result of the COVID-19 pandemic. We wanted to develop a site that would give an immediate view into where people are congregating, with the potential to help inform not only policy but business and personal decisions as well."

To view the hotspot map go to: www.advan.us/hotspots

About Advan
Advan provides hedge funds, real estate brokers and investors, retailers, and businesses with insights into foot and vehicle traffic and behavior that enable them to make better business and investment decisions. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity. Advan processes billions of daily foot traffic observations from hundreds of cellphone applications on 150 million locations and 2,050 companies across all sectors. Through its proprietary, manual geofencing it has developed the most extensive and accurate location data, available in seconds through a self-service dashboard. Advan also computes 20 years of weather data across all its covered locations along with 4 years of traffic data on commercial trucks.
Advan is headquartered in New York City. For more information please visit www.advan.us.

Advan Simplifies Foot Traffic Comparison Between Properties with New Point-and-Click Functionality on REveal
Self-service platform for Real Estate brokers now available on mobile and tablet


New York, February 19, 2020

Advan Research, the leading geolocation data platform, has released new point-and-click functionality for REveal, its self-service dashboard, making it easier for Real Estate brokers to compare foot traffic volumes and True Trade Area for any property.

REveal is also now available on both mobile and tablet, giving brokers greater flexibility to view and compare property traffic statistics from anywhere.

The updated interface delivers instant visitor numbers for any building or commercial property in the US and other global locations. Users simply select the precise area they would like to map and, in seconds, can compare foot traffic over time, or against other locations. View as a heat map, in a chart, or download the data for bespoke modeling.

"Advan's mission is to turn our deep experience in financial technology into game-changing solutions for the Real Estate market. We have spent 5 years building the Ferrari engine - gathering the most accurate data in the market, and embedding institutional-level analytics. The new REveal functionality now gives Real Estate brokers turn-key access to this powerful customer information," said Yiannis Tsiounis, founder and CEO of Advan.

"With the rapid pace of change in Real Estate markets, brokers need fast insights and data they can rely on. We have manually geofenced millions of locations, meaning that we have foot traffic data for any building or commercial location, not just for retail venues. Our data is tested 95% accurate, giving guaranteed precise insights for any area," said Grigorios Reppas, COO of Advan.

Advan uses only opt-in, non-bidstream, location data from hundreds of millions of cellphones. Its data has been normalized and tested by the financial services industry since 2015.

About Advan
Advan provides hedge funds, real estate brokers and investors, retailers, and businesses with insights into foot and vehicle traffic and behavior that enable them to make better business and investment decisions. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity. Advan processes billions of daily foot traffic observations from hundreds of cellphone applications on 150 million locations and 2,050 companies across all sectors. Through its proprietary, manual geofencing it has developed the most extensive and accurate location data, available in seconds through a self-service dashboard. Advan also computes 20 years of weather data across all its covered locations along with 4 years of traffic data on commercial trucks.
Advan is headquartered in New York City. For more information please visit www.advan.us.

Advan adds 150 million locations, cross-traffic and demographics to REveal, its Self-Service Real Estate platform
New York, December 10, 2019

Advan Research, the leading geolocation platform provider, added cross traffic and demographics computations on any custom location, plus 150 million pre-computed locations to REveal, its self-service visualization interface. Advan utilizes opt-in, non-bidstream, cellphone location data from hundreds of millions of cellphones and employs normalizations that have been tested in the financial industry since 2015.

"We first concentrated on data quality, then on normalizations, then on custom area analytics, and with this version we also bring point-and-click ease of use to our Big Data platform. REveal is now a fully rounded product that provides instant, and accurate, insights on any location or area of the user’s choice, complete with export capabilities," said Yiannis Tsiounis, Ph.D., Advan's founder and CEO.

In addition to REveal, Advan's SaaS platform displays the foot traffic, dwell times, number of employees, truck traffic, weather, revenue forecasts and other metrics on 2 million locations of over 2,000 companies worldwide.

"The latest visualization and computation scale of REveal underscores our capabilities as an analytics and data platform company, and brings turn-key insights to Real Estate investors and brokers," said Grigoris Reppas, Advan's COO.

About Advan
Advan processes billions of daily foot traffic observations from hundreds of cellphone applications on 150 million locations and 2,050 companies across all sectors. Advan guarantees accuracy of its proprietary geofences and also computes 20 years of weather data across all its covered locations along with 4 years of traffic data on commercial trucks.
Advan is headquartered in New York City. For more information please visit www.advan.us.

Advan announces REveal, a Real Estate Traffic and True Trade Area visualizer
New York, October 15, 2019

Advan Research Corporation, the leading Big Data geolocation provider in the real estate and financial industries, introduces REveal, a new visualization interface that computes the True Trade Area and 4 years of historical Traffic on any location in real time. Advan utilizes 6 trillion of opt-in, non-bidstream, cellphone location data with 10-meter accuracy from over 200 million global cellphones, including 50% of the cellphones in the US, with history from January 2015.

"REveal enhances our existing turn-key user interfaces with functionality that our Real Estate customers have been asking: let us draw any area in the map, be it a building or a neighborhood or a lot, and show us the daily traffic and the true day and night dwell locations of the visitors," said Yiannis Tsiounis, Ph.D., Advan’s founder and CEO.

In addition to REveal, Advan’s graphical tools display the foot traffic, dwell times, number of employees, revenue forecasts and other measures on 2 million locations of over 2,000 companies worldwide. Advan also provides custom traffic and cross-traffic analyses on any location, from truck deliveries between warehouses to migration patterns to demographics.

"Location data has proven to be a true differentiator in property purchasing, leasing and marketing, and REveal takes this to the next level with real-time analytics on any location of interest," said Grigoris Reppas, Advan’s COO.

About Advan
Advan processes billions of daily foot traffic observations from hundreds of cellphone applications on 2,050 companies across all sectors. Advan guarantees accuracy of its proprietary geofences and also computes 20 years of weather data across all its covered locations along with 4 years of traffic data on commercial trucks.

Advan Research foot traffic covers 2,000 tickers of which 1,365 publicly traded
New York, June 11, 2019

Advan Research Corporation, the leading geolocation data provider in the financial industry, released its latest Foot Traffic and Truck datasets, measuring traffic in consumer facing locations, factories, storage facilities and distribution centers of over 2,000 companies, of which over 1,365 are publicly traded. The panel consists of approximately 200 million cellphone devices, including 50% of the cellphones and trucks in the US, and contains 4 years of history.

"We just completed a massive data cleaning exercise of manually reviewing more than half a million geofences and adding coverage of 376 companies, in our ongoing effort to provide unique and uncorrelated alpha signals using foot traffic computed from cellphone location data," said Yiannis Tsiounis, Ph.D., Advan’s founder and CEO.

In addition to these precomputed company metrics, Advan also provides custom traffic and cross-traffic analyses on any point of interest, from truck deliveries between warehouses to true trade areas of real estate locations.

"Both Quantitative as well as Fundamental investors have been the focus of this latest release, in which we not only added hundreds of new tickers, but materially increased the quality of our existing coverage," said Grigoris Reppas, Advan’s COO.

About Advan
Advan processes 8 billion daily foot traffic observations using 1,500 cellphone applications, over 1.5 million manually geofenced locations of 2,052 companies, including 1,365 publicly traded tickers across all sectors. Advan guarantees 99.5% accuracy of geofences in 1.2 million locations of 1,541 brands, and computes 20 years of weather data across all its locations and companies.
Advan is headquartered in New York City. For more information please visit www.advan.us.

Advan Research releases Truck dataset, monitoring 50% of all trucks in the US
New York, March 19, 2019 (Globe Newswire)

Advan Research Corporation, the leading geolocation data provider for the financial industry, released its new US Truck dataset, measuring traffic in factories, storage facilities and distribution centers of 700 companies, (550 publicly traded). The panel consists of approximately 50% of the trucks in the US and contains 4 years of history.

"We are excited to be providing visibility to the volume of goods delivered to and from factories and distribution centers, as manufacturing and distribution form the backbone of the economy and have been very hard to monitor with traditional means," said Yiannis Tsiounis, Ph.D., Advan’s founder and CEO.

In addition to measuring the number of trucks in each factory, storage and distribution facility, Advan also provides custom cross-traffic truck analyses, thereby allowing measurements of suppliers and customers of specific companies; these analyses can be performed on any custom locations. Trucks in & out of auto dealerships, auto parts locations, or any other location of interest can also be measured.

"The combination of foot traffic, truck traffic and weather data, as well as the ability to tie all that to transaction data from Consumer Edge®, rounds up our offerings to encompass the largest part of the economy, as we had originally envisioned when starting up Advan," said Grigorios Reppas, Advan's COO. "Quantitative, Quantamental and Fundamental funds across the board have an insatiable appetite for such targeted data, and we are proud that our work has been helping active managers differentiate their performance from passive investments."

About Advan
Advan processes 10 billion daily foot traffic observations using 1,500 cellphone applications, over 1.5 million manually geofenced locations of 1,800 companies, including 1,250 publicly traded tickers across all sectors. Advan guarantees 99.5% accuracy of geofences in 913 brands, and computes 20 years of Weather data across all its locations.
Advan is headquartered in New York City. For more information please visit www.advan.us.

About consumer edge
Consumer Edge (CE) is a preeminent equity research and alternative data insights boutique focused on the global consumer sector. Since its founding in 2009 CE has focused on the nexus of research and data. CE continues this focus today, delivering leading equity research with next-generation alternative data solutions.
Consumer Edge is headquartered in New York City. For more information please visit www.consumer-edge.com.

Advan Research and Consumer Edge combine foot traffic and transaction data
New York, November 5 2018

Consumer Edge, a preeminent equity research and alternative data insights firm focusing on the global consumer sector and Advan Research Corporation, the leading geolocation data provider for the financial industry, have partnered to combine foot traffic counts with credit card transaction data on over 200 companies.

"We researched the geolocation provider space and it quickly became apparent that Advan is the leading provider to collaborate with, offering unprecedented accuracy paired with massive amounts of underlying data. Combining Advan traffic data with credit card transaction data helps us to cross validate the independent data sets, improve predictive signals on many tickers and deliver both data sets in a unified platform. In addition, new analytics are possible, such as conversion rates at retailers when traffic and actual sales are merged. The combined data sets will be available in machine readable, templates as well as visualization formats," said Bill Pecoriello, Consumer Edge’s Founder and CEO.

"We are excited and honored to work with Consume Edge to marry traffic and transaction data; their attention to detail and analyst expertise is impressive and sets them apart in the transaction data space. This partnership is not only the most direct path to the holy grail most discretionary managers are asking for, namely, the rate of conversion of foot traffic to sales for each company, but also the best way to verify that both datasets are solid, by confirming that they are highly correlated on a daily basis," said Yiannis Tsiounis, Ph.D., Advan’s founder and CEO.

About consumer edge
Consumer Edge (CE) is a preeminent equity research and alternative data insights boutique focused on the global consumer sector. Since its founding in 2009 CE has focused on the nexus of research and data. CE continues this focus today, delivering leading equity research with next-generation alternative data solutions.
Consumer Edge is headquartered in New York City. For more information please visit www.consumer-edge.com

About Advan
Advan processes 7 billion daily foot traffic measurements from 1,500 cellphone applications, and computes foot traffic data on 1.5 million manually geofenced locations pertaining to 1,800 companies, including 1,250 publicly traded tickers, across multiple sectors, including consumer services, energy, technology, healthcare, REITS, financials, utilities and others. Advan guarantees 99.5% accuracy of geofences in 913 brands.
Advan is headquartered in New York City. For more information please visit www.advan.us

Advan Research releases Weather dataset with 20 years coverage over 1,700 companies
New York, October 22, 2018

Advan Research Corporation, the leading geolocation data provider for the financial industry, announced a new dataset comprised of 20 (twenty) years of Weather Data, including mean, min, max, median temperature, wind, rainfall, snow and adverse conditions, covering the same companies and locations as its foot traffic data: 1,783 companies, of which 1,250 publicly traded.

"Weather influences company performance, from the number of hospital patients increasing during cold days, to companies heavily weighted in winter equipment performing better when there is more snow. Both fundamental and quantitative funds have been using weather in their processes, but by computing weather metrics on our manually verified store and factory locations across all the companies we cover, customers can now directly overlay weather to traffic data, and have an extensive and accurate history of weather metrics across the actual company locations," said Yiannis Tsiounis, Ph.D., Advan’s founder and CEO.

The weather data is updated daily, and it measures traffic on the company as well as on the individual location level, with the locations of companies being computed on an as-of basis for over 900 of the covered tickers.

About Advan
Advan processes 10 billion daily foot traffic observations using 1,500 cellphone applications, over 1.5 million manually geofenced locations of 1,800 companies, including 1,250 publicly traded tickers across all sectors. Advan guarantees 99.5% accuracy of geofences in 913 brands, and computes 20 years of weather data across all its locations and companies.
Advan is headquartered in New York City. For more information please visit www.advan.us

Advan Research releases AlphaLoc: AI-powered revenue forecasts with 98% accuracy
New York, June 5 2018

Advan Research Corporation, the leading geolocation data provider for the financial industry, released AlphaLoc™, its Machine Learning algorithm-driven revenue forecasts. The AlphaLoc Out Of Sample results improve mean analyst revenue expectations 70% of the time in the past 4 quarters, while its median forecasting error is 2%.

AlphaLoc is available in the Advan Dashboard (GUI), in the Advan Excel® function, and in daily data feeds.

"We are excited to round up our product suite with a truly turn-key tool for the financial analysts and portfolio managers, where with a single-click they can get market-beating forecasts. Combined with our coverage of 1,700 tickers and custom-location analytics, this truly demonstrates the power and breadth of geolocation data," said Yiannis Tsiounis, Ph.D., Advan's founder and CEO.

AlphaLoc was made possible with the help of George Zavaliagkos, Ph.D., an expert in speech recognition and machine learning, who has supervised Amazon Alexa©'s cloud Machine Learning models and was the founder of Parametros Trading, a High Frequency Trading company.

"This new era of Alternative Data stands to benefit significantly from the application of proven Machine Learning techniques, as they help materialize the intuition that analytics companies like Advan have already amassed about the underlying data and its intricacies," said George. "We have seen material and consistent improvements over rule-based and simple regression methods and are working to add Advan's cross-traffic and demographic features in future models to further improve the performance".

Advan Research adds Dwell Times, Employee counts for 1,390 tickers
New York, March 22 2018

Advan Research Corporation, the leading geolocation data provider for the financial industry, announces version 11 of its data, which computes Dwell Times and Employee Counts using a much more accurate methodology. This version also adds 120 tickers (145 including subsidiaries) for a total of 1,390 tickers (1,762, including subsidiaries) and over 1,600,000 physical locations.

"In this latest version we focused on more detailed metrics such as accurate dwell times and employee counts, which are used by our customers to forecast various financial KPIs," said Yiannis Tsiounis, Ph.D., Advan's founder and CEO. "We also took the opportunity to add coverage for 145 companies, all of which are accessible in our dashboard, our Excel® function, and as raw data".

Advan Research covers 1,261 tickers
New York, December 6 2017

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 appoints Grigorios Reppas as its Chief Operating Officer
New York, September 20 2017

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."

About Advan

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.

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