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Japan Alternative Data Accelerator Association is working to promote the use of alternative data to develop the asset management ecosystem.
Although alternative data is being utilized globally, its use in Japan is limited to a few financial institutions, and it is far from being widely utilized. In order to promote the use of alternative data, there are numerous issues that individual companies are limited in their ability to address, such as consolidating regulations, standardizing data transfer methods, and training financial data analysts.
In order to form a sound alternative data ecosystem, it is necessary to establish a system in which industry and academia work together to address a number of issues, including identifying use cases within the industry, establishing common guidelines for data transactions, and defining a roadmap and skills for human resource development.
Against this backdrop, many organizations, including financial institutions, data providers, and data analytics companies, have joined together to form the Japan Alternative Data Accelerator Association, and we hope to achieve results in a coordinated effort to further advance the asset management industry. We sincerely look forward to your participation.
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