SEC Launched A New Office to Focus on Data-driven Analytics

Securities and Exchange Commission(SEC) started to focus on data-driven assessment tools within the Office of Risk Assessment, which is located within the Division of Economic and Risk Analysis (DERA). The  new office will coordinate the agency’s efforts to use of data tools to analyze risk and develop models to support activities across the SEC. Continue reading SEC Launched A New Office to Focus on Data-driven Analytics

Scotland’s ‘No’ Vote: A Loss for Pollsters and a Win for Betting Markets

According to The Financial Times, a Ladbrokes spokesman argued earlier this week that Thursday’s Scottish referendum would be the biggest political betting event in history, noting that his firm had taken more money in bets than the last British general election and American presidential election combined. A research suggests that, instead of asking who they plan to vote … Continue reading Scotland’s ‘No’ Vote: A Loss for Pollsters and a Win for Betting Markets

Predicting Political Outcomes Using Big Data

Rather than forecasting how ordinary voters behave, firms are now offering to make predictions, based on analysing big data, of how the various candidates would vote if elected to Congress or a state legislature. FiscalNote, which was founded last year,  claims that its self-learning algorithm can—based on public data such as legislative votes, electoral statistics … Continue reading Predicting Political Outcomes Using Big Data