John Fawcett, CEO and founder, Quantopian
"By adding this fundamental data into our platform, we are providing our quants more ways to improve their investment strategies."
Boston, MA - Quantopian, a crowd-sourced hedge fund, has announced that it now offers Morningstar's fundamental equity data in its algorithmic trading platform. Members of the Quantopian community will now have access to over 670 standard fundamental data points covering U.S. listed companies, including over 12 years of historical data. The Morningstar data is captured from company balance sheets, income statements, statements of cash flows, and select footnotes for approximately 8,000 publicly traded U.S. companies.
"Quality historical data is essential for creating signals and delivering alpha for our fund," said John Fawcett, CEO and founder of Quantopian. "Our quant community has been clambering for corporate fundamentals. By working with Morningstar, we are providing unprecedented access to institutional- quality data for our community. By adding this fundamental data into our platform, we are providing our quants more ways to improve their investment strategies."
"We're committed to providing the most effective investment data, research, and ratings to help investors achieve better outcomes. By delivering our fundamental data to Quantopian's platform, we're able to offer investors access to comprehensive, timely, and actionable insight on stocks," Joanna McGinley, Morningstar's head of global redistributor solutions, said.
Quantopian recently announced the creation of its Quantopian Managers Program - a radically transparent hedge fund that allocates capital to the top-performing quants in its community. The company also offers an environment to write and test code, 12 years of minute-bar pricing for U.S. equities data, and a community of 25,000 quants. The company is also expanding its offering to include a research environment, and additional data sets and brokerage integrations.