EFIS 2016: Execs Embrace ‘Rise of the Machines' for Data Management, Trading
Panelists acknowledged a skills gap that is hampering even faster takeup of machine-learning tools.
Shannon Walker, chief operating officer of the chief data office at Deutsche Bank, described how the bank is building a data science platform mainly focused on organizational complexity and making sense of what functions are consuming data, in what locations, and for what purposes.
Meanwhile, BNP Paribas is using machine learning "in a systematic and statistical way.... digging up a trading system's behavior to enable decisions to be made from data that we have there," said Richard Bell, UK
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
The race to ‘financialize’ GPU compute set to ratchet up
The Waters Wrap: Anthony looks at two companies aiming to bring efficiency and transparency to the GPU compute market.
Deutsche Börse invests $200M in Kraken, DTCC advances cloud strategy, and more
A recap of this week’s major tech and data news in the capital markets.
Data industry spend hits $50B for first time in new report
A new product by BCG Expand will track market data vendor size and market share as it seeks to show data users where the market is heading.
TNS integrates Radianz, Exegy reduces latency, BondXN allies with BlackRock, and more
A recap of this week’s major tech and data news in the capital markets.
Re-engineering reconciliations: User-initiated AI cuts recs from days to minutes
Reconciliations have long been tied to batch scheduling. Prasanna Anandan explains how one bank broke down bottlenecks by embedding an AI-driven, user-initiated interface.
The public market data formula is coming to private markets
As interest in private markets grows, S&P Global, Bloomberg, and ICE are including increasingly valuable data in their offerings.
Tradefeedr pairs with BMLL to expand FX offering into equities, futures
Tradefeedr will also use BMLL’s historical data to help build out an LLM-powered chatbot.
Equity data plans eye Dec. 6 for overnight trading launch
The US SIPs are looking to launch near 24-hour operations as exchanges seek to extend their hours.
