NAFIS 2016: Capital One CDO Charts Journey into Big Data
Scott Hallworth describes how good, simplified data models will aid a multitude of analytical tasks.
Setting the scene, Hallworth said the rapidly declining cost of storing and processing data has enabled an explosion of digital information. Consequently, firms can harness new, faster and more granular data, over longer timeframes, with more unstructured data and advanced predictive analytics, and gain insight into problems they couldn't solve before.
"With that is a cautionary tale: a well-managed data environment is core to everything. You need to manage legacy and new modeling analysis risk
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