Posts tagged ‘Wall Street & Tech’
Big Data is Coming of Age in the Capital Markets—Wall Street and Technology’s Deep Dive into “Everything You Need to Know to Unlock Big Data’s Secrets” is a Must Read for All
In the “it’s a small world” category while we were in the midst of launching FinancePBI, the first financial services big data solution built for the cloud and designed to address the needs of the industry, Terence chatted with Melanie Rodier (@mrodier), a Senior Editor at Wall Street and Technology. The topic: big data and the capital markets. That 33-page report is now available and it’s a must read for anyone interested in big data and business.
Why a must read for all? Well, similar to the McKinsey report on big data in 2011, Wall Street and Technology’s big data deep dive covers a lot of ground that applies to any business or organization. In other words, specific industry requirements may be different but big data technology and process challenges are very similar. For example, Wall Street firms—like so many others—find themselves dealing with unstructured data from a variety of sources, including the web, social media, and mobile devices. While there’s value in that data, there are infrastructure issues and a looming talent shortage. Sound familiar? (more…)