The Big Data Picture

john-lucker-deloitte

Big data looms large as a financial industry buzzword, with multiple definitions of what it represents, and concerns about how to handle it and manage it. The term can encompass both the rapidly increasing volume of securities transaction data and commentary on markets and securities in the form of blogs and audio or video postings.

The industry is turning to cloud computing and the open source Apache Hadoop standard to provide computing power or systems for processing big data, leading to

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