Data's New 'Cool' Invites a Fresh Set of Problems, Panelists Say
The evolution of data has certainly helped the industry, but it has also created problems for those involved in the space.
A lot has changed over the past few years in how the financial services industry uses data, from increased adoption of big data to greater use of complex analytics in almost every aspect of the industry.
US Securities and Exchange Commission (SEC) commissioner Kara Stein and the director of the Office of Financial Research at the US Treasury Richard Berner both stressed the importance of data during their speeches last week at the Securities Industry and Financial Markets Association (Sifma) Ops
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