Big Data webcast

The concept of Big Data analysis has taken hold across the financial services industry, analyzing greater volumes of data from more datasets to generate sales, marketing and trading opportunities. How can this new paradigm be applied to aggregating and deriving value from financial market data, and how does it differ from the financial analytics that have come before?
• How do you define Big Data in a financial services/market data environment to differentiate it from the increasing volumes and velocity of market data? Where have firms focused Big Data efforts so far for-and beyond-the trading floor, and what other areas of information analysis could potentially be exploited in this way?
• What are some of the challenges of capturing and combining large volumes of data from disparate sources-including both structured and unstructured data-that lack any standardized formats or cross-referencing?
• Would Big Data analysis be possible without the underlying structure provided by recent enterprise data management (EDM) initiatives? Do firms and vendors need to enforce new data management techniques and strategies to move from EDM to Big Data management?
Speakers:
- Dennis Smith, Managing Director, BNY MELLON
- Alpesh Doshi, Partner, REDCLIFFE CAPITAL
- Richard Tibbetts, CTO, STREAMBASE SYSTEMS
- Jeff Soule, Head of Market Data, INTERNATIONAL SECURITIES EXCHANGE
Moderator: Vicki Chan, Deputy Editor, INSIDE MARKET DATA
More on Data Management
As datacenter cooling issues rise, FPGAs could help
IMD Wrap: As temperatures are spiking, so too is demand for capacity related to AI applications. Max says FPGAs could help to ease the burden being forced on datacenters.
Bloomberg introduces geopolitical country-of-risk scores to terminal
Through a new partnership with Seerist, terminal users can now access risk data on seven million companies and 245 countries.
A network of Cusip workarounds keeps the retirement industry humming
Restrictive data licenses—the subject of an ongoing antitrust case against Cusip Global Services—are felt keenly in the retirement space, where an amalgam of identifiers meant to ensure licensing compliance create headaches for investment advisers and investors.
LLMs are making alternative datasets ‘fuzzy’
Waters Wrap: While large language models and generative/agentic AI offer an endless amount of opportunity, they are also exposing unforeseen risks and challenges.
Cloud offers promise for execs struggling with legacy tech
Tech execs from the buy side and vendor world are still grappling with how to handle legacy technology and where the cloud should step in.
Bloomberg expands user access to new AI document search tool
An evolution of previous AI-enabled features, the new capability allows users to search terminal content as well as their firm’s proprietary content by asking natural language questions.
CDOs must deliver short-term wins ‘that people give a crap about’
The IMD Wrap: Why bother having a CDO when so many firms replace them so often? Some say CDOs should stop focusing on perfection, and focus instead on immediate deliverables that demonstrate value to the broader business.
BNY standardizes internal controls around data, AI
The bank has rolled out an internal enterprise AI platform, invested in specialized infrastructure, and strengthened data quality over the last year.