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
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