IMD Chicago: Industry Grapples with Big Data, Cloud


Trading firms and data vendors are turning to new technologies to handle the demands of ever-growing datasets, formats and analytical requirements, according to a panel at the recent Inside Market Data Chicago conference, with different types and sizes of companies finding value in different solutions, but all agreeing on the need to harness new techniques to maintain -- or even increase -- performance.

"To us, Big Data is data that is hard to structure using traditional tools like relational

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