Thomson Reuters/Aite Survey: Big Data Usage Remains Limited in Capital Markets

Big data

Of the remaining five percent that had experience of Big Data initiatives, half─mostly banks and hedge funds─have already invested in projects, and half either already employ or plan to hire a data scientist within the next 24 months.

However, the research predicts that financial firms will become more comfortable with Big Data strategies as more use cases emerge, such as greater use for client retention, compliance support, enterprise risk management and governance, compared to the industry's c

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