Case Study

Long/Short funds use Earnest credit
card data and AI tools to reduce time spent predicting revenue surprises and increase investment conviction

A large US-based hedge fund had been using alternative data sources to power their retail, tech, and restaurant trades for years. However, their investment teams wanted to add datasets to their investment processes to increase conviction and reduce data risk.

They turned to Earnest for: 

• Access to Earnest's two industry-leading credit card transaction datasets, Orion and Vela
• Reported metrics predictions for over 400 public
  companies through EarnestAI
• Revenue surprise callouts by Earnest's analysts for  increased conviction and decreased time spent deciphering the data