DNB Bank Advances on 3-Year Big Data, Data Science Initiative

The bank is rounding out the second year in its three-year plan, which includes more than 100 new data roles.

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DNB Bank, Norway’s largest financial services group, is closing in on the final stage of its three-year big data and data science initiative. The strategy, which included the launch of its Big Data repository deployed on Amazon Web Service’s cloud last year, has since allowed the firm to leverage other new technologies such as AI, machine learning, natural language processing (NLP), and augmented robotic process automation (RPA) to drive better business practices, data governance, and customer

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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