Fidelity investments, an American multinational financial services corporation has announced the introduction of a new product called Sherlock, which was developed to aid clients in digital assets Investment decisions.
Sherlock is also meant for institutional clients to enable them streamline fundamental and technical data tied to cryptocurrencies.
As at the time of writing this news, the following information was gathered;
An American multinational financial services corporation based in Boston Massachusetts, Fidelity Investments has announced the introduction of a new comprehensive data and deep analytics solutions for digital assets called Sherlock, which is meant to help customers in the streamlining o f fundamental and technical data with regards to cryptocurrencies.
The introduction of the new product enabled the cryptocurrency world secure an exceptional hot right today, as firms like Skew, Glassnode, Messari, Dune Analytics, Cryptoquant and others have been inspired.
Reports on Skew acquisition by Bitcoin.comNews last weekend has it that as the analytic firm joined the Coinbase family of business. Skew's data will be leveraged for San Francisco exchanges institutional clients; coinbase prime customers.
The crypto platform Sherlock was launched on Monday by Fidelity Investments. The product offers comprehensive data and deep analytics of digital assets in one central location to help customers in Investment decisions.
Fidelity boosted that the Sherlock web portal says interested users can request a demo. In addition Sherlock users can equally obtain in-depth asset analysis to discover insights and monitor market development, which will enable them to make accurate decisions.
Other important updates from the news include;
Users can also explore the data off- platform for modeling and back-testing.
It further details that Sherlock was developed in FCAT (Fidelity Centre For Applied Technology) a blockchain solution center and distributed ledger incubator team that handles blockchain analytics, proof of conception and use cases.
Meanwhile the market is maturing rapidly as there is still a need for a comprehensive and accessible data solution.
In conclusion Sherlock is a robust and insightful dataset paired with highly intuitive tools to help clients make data-driven digital asset Investment decisions.
What are your thoughts about the introduction of Sherlock by Fidelity investments?
