AI, Machine Learning Can Tackle Dirty Data

At this year's Waters USA event, panelists discussed the benefits of machine learning and AI, and where these technologies are still lacking.

Artificial intelligence robot

Data is described as a "sea," a "firehose," and a "tsunami." There's a lot of data and as the ability to take in and store information has improved, the ability to analyze the growing inflow of data is the greatest challenge faces firms, whether for finding trading opportunities, managing risk or for regulatory reporting.

While everyone wants clean data, a lot of value exists in dirty, unstructured data. That's where Marc Alvarez, chief data officer at Mizuho Securities, believes that artificia