Neudata, which connects hedge funds and asset managers with new and alternative data sources, has hired Stephen Morse, former head of global financial data partnerships at Twitter, as an advisor in the US. He will be based in New York City and will assist in bringing Neudata's alternative data intelligence platform to US hedge fund managers and other institutional investors.

Rado Lipuš, founder and chief executive officer of London head-quartered Neudata, said: "We are thrilled to have someone as knowledgeable and experienced as Stephen bringing his expertise to Neudata as we expand our business of providing intelligence from new and alternative data sources to the sophisticated investor marketplace.

"It can be daunting for managers to find the precise data that will offer a true competitive edge and translate into alpha. Neudata understands this challenge and partners with investment managers to mine the nuggets of gold they truly want and need," he added.

"It is an honour for me to leverage my experience and knowledge toward building a strong US presence for the type of unique and vital information that Neudata's intelligence platform provides," said Morse. "What has greatly impressed me about Neudata's business is that the firm is independent and data agnostic. It is strategically capturing new and novel datasets that are valuable to discretionary managers – those who are less familiar with alternative data – as well as sophisticated quants who already possess in-house data scouting teams."

Morse has deep experience with data, business information services and financial technology as well as working with hedge funds. His background includes working for firms that were acquired by, or are now a part of, Barra/MSCI, Dow Jones, KCG and Twitter. He previously ran the New York City office of Gnip, which was acquired by Twitter, where he was then responsible for all business with hedge funds, asset managers, FinTech partners, platforms and other financial institutions. Stephen holds the Chartered Alternative Investment Analyst (CAIA®) designation.