Man Group revamps data science platform to tackle data deluge
The London-based investment manager spent four “long and intense” years rewriting its data science platform, Arctic.
Around five years ago, London-based Man Group ran into a problem that buy-side firms are all too familiar with: its tech and data science platforms were unable to cope with the avalanche of data that was being generated internally and was also flowing into its front office from external sources. The firm’s trading desks and quants were struggling to consume this data and create trading strategies from it.
“Imagine a Microsoft Excel spreadsheet with 100,000 columns and 10 million rows. Now
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