Data Lakes: Uncharted Waters
Anthony Malakian examines why data lakes are growing in popularity, and the risks that they pose.
When marketing something new, it’s best to pit it against something established.
Data warehouses are established. They’re ubiquitous. Data lakes, on the other hand, are relatively nascent. And the tools and strategies around data lakes are basically embryotic, especially in the capital markets space.
Data lakes are repositories where firms dump huge quantities of raw, ungoverned and unformatted data. It’s a staging area, for all intents and purposes.
“Even before deploying a data lake, it is
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