Big Data Is Big Stuff

dennis-smith
Dennis Smith, BNY Mellon

When and how the concept of Big Data found its way into the financial services nomenclature is anyone’s guess. And while it is fair to say that its appearance was really just a matter of time, this is not just a financial services phenomenon—the gradual digitalization of almost every business vertical, including social networks, has rendered the Big Data challenge a global one.

Ask a dozen industry participants what exactly constitutes Big Data and you’re likely to receive a dozen different

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