Wall Street has a blind spot.
Wall Street has a consensus for what analysts think. Alt Data Consensus™ is the consensus for what alternative data is showing: one estimate, blended from verified sources and refreshed daily.
The problem
Sometimes more datasets means less clarity.
The problem isn’t that there isn’t enough data. It’s that the data doesn’t speak the same language.
Every provider arrives with different entities, calendars, definitions, access rules and signal quality.
Months to integrate. Minutes to miss a move.
Evaluating a single dataset takes several months and hundreds of work-hours.
- DiscoveryInternal wiki search and first vendor outreach
- RequestReviews and a formal dataset request
- NDA & legalLegal review and NDA negotiation
- IngestionLoading and mapping complex raw data
- ContractFull procurement terms
- Sign-offFinal legal and commercial approval
- TestingThe analyst can finally test and trade
ADC removes all of it.
One subscription gives you zero-friction access to pre-integrated, tested, consensus-weighted datasets. No raw data ingestion and no lengthy procurement cycles.
Why now
Every era, financial data gets a new aggregation layer.
Each wave created opportunity. Alternative data is next, and it has no equivalent layer yet.
Sell-side estimates
First Call
Acquired by Thomson Financial. Now LSEG I/B/E/S.
Sell-side KPI models
Visible Alpha
Standardized analyst models. Acquired by S&P Global in 2020.
Alternative data
Alt Data Consensus
Aggregated, normalized and modeled. Complementary to all four consensus estimate providers.
How it works
From raw data to a trusted benchmark.
Raw alternative data
Provider data feeds into the Exabel platform alongside 70+ other verified sources.
Modeled for investors
The team normalizes the data, maps it to company KPIs and generates estimates across tickers.
Blended to consensus
Multiple vendor signals become a single Alt Data Consensus estimate. Like sell-side consensus, but built on real-world activity.
Inside ADC
Signals, divergences and the data behind them.
The earnings puzzle
Beating consensus is the norm. Beating expectations is not.
of companies beat quarterly consensus estimates.
is the beat needed just for the stock to stand still.
- Beats under 1% see shares fall 1.1% on average. The published number isn’t the real bar.
- Beats are predictable: 82% of habitual beaters beat again.
- The real benchmark is the expected surprise, built from 6,000+ earnings reports.
Three inputs, one estimate
ADC blends each company’s historical beat, monthly analyst revisions and alt data (card spend, app use, web, footfall) into one expected surprise.
The signal leads the price
The gap 45 days out predicts analyst revisions (t=7.7). Information reaches the price gradually and is fully priced by report day.
Priced in before the print
A beat the data saw coming still sent the stock down 1.9%. The edge comes from positioning early, not holding through the report.
Now onboarding design partners for Q4
Try before you buy.
A trusted, actionable, zero-friction benchmark for alternative data, open to the 90%+ of institutional investors currently locked out of it.
Already working with alt data providers? Ask whether they’re verified on Alt Data Consensus. Every provider added makes the consensus stronger.

