Wolfram Alpha: another nail in Bloomberg’s coffin ?

April 28, 2009

Wolphram Alpha is billed as a computational knowledge engine. My questions is: could it be another nail in Bloomberg’s coffin ?

Some time ago I blogged about how Google might provide some of what Bloomberg currently provides for traders. Another part of the picture that I didn’t mention then is analytics. In Bloomberg’s book he describes how they started out with market data in direct competition with Reuters, then added news and email. Another big value add was price histories, analytics and charting. Wolfram Alpha’s scope seems boundless, so a fortiori it could offer something similar. Certainly, it’s reported as offering charts in its results. To me, the crucial  questions are…

  • Is financial data among the curated data sets being gathered for Wolfram Alpha ?
  • Will Wolfram Alpha understand concepts like DV01, accrued interest, PE ratios, the greeks, moving averages ?
  • Is Wolfram Alpha aiming to be a platform too ?
  • Will it be scriptable ?  With Mathematica scripts ?
  • Will it have social features to encourage the sharing of scripts and library building ?

2 Responses to “Wolfram Alpha: another nail in Bloomberg’s coffin ?”

  1. Very interesting idea. Obviously hinges around them getting access to market data, historical is no problem but would be great if they had realtime as well… possibly using the various cheap ‘last trade’ feeds announced by NYSE, BATS, NASDAQ, etc over the past few months.

  2. […] asks: Wolfram Alpha: another nail in Bloomberg’s coffin? and speculates that with a few key features (most notably availability of financial data) the hotly […]

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