Firms Spend More Than $100 million on CEP for EDM in 2008, Says Aite Report

COLORADO - There is a growing trend for firms to leverage electronic trading technologies for enterprise data management (EDM) programs, making this a multi-million dollar market in 2008, according to a new report from research and consultancy business Aite Group.

The concept of distributed data management (DDM), having a layer that sits between an application and the underlying data for data storage, access and distribution capabilities, is starting to gain traction. The interest in DDM means

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Waters Wrap: GenAI and rising tides

As banks, asset managers, and vendors ratchet up generative AI experiments and rollouts, Anthony explains why collaboration between business and tech teams is crucial.

Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

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