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A community blog about data and how to manage it
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Devendra Bhudia Solutions Director at IHS Markit
Earlier this year, Invesco's chief executive, Martin Flanagan, was quoted as saying that "a third of the asset management industry could disappear over the next five years". It follows Invesco's acquisition of OppenheimerFunds in support of Flanagan's comment that "Scale matters more than ever". The recent trend towards market ...
17 July 2019 /startups
Paul Malyon Head of Data Literacy at Experian
The acceleration of technology means that we now live in a world built on data - it is everywhere, forever growing in value and significance. It has the potential to make hugely positive changes to the way we all live and work. But it all means nothing if you can’t use it. Innovation in data technologies certainly make it easier to simplify data, ...
08 July 2019
Retired Member
The cost of dirty data – data that is inaccurate, incomplete or inconsistent – is enormous. Earlier this year, Gartner reported that, on average, poor quality data cost an organisation $15 million in 2017. These findings were reinforced by MIT Sloan Management Review, which reported that dirty data costs the average business an astonishing 15 to ...
13 June 2019 /regulation
Jean-Paul Carbonnier Director at CarboKinetic
Blockchain, or distributed ledger technology (DLT), has the potential to disrupt a wide range of business models across the financial services industry. However, the potential application of blockchain to the worlds of market data and reference data has not received that much attention. It’s difficult to predict the extent to which this emerging t...
13 March 2019
One of the lesser-reported consequences of the recent US government partial shutdown was its effect upon the reporting of key economic and financial markets data. Many regulatory agencies closed up shop during the impasse (one which could, but hopefully won’t, repeat itself). Turns out, the government is a crucial source of information, and as a r...
27 February 2019
We have come along way when it comes to the effective management and utilisation of data. However, according to our recent research, most businesses are still struglling to unlock the full potential of thier data assets. 95% of organisations say see negative impacts from poor data quality, affecting customer experience, business efficiency, and org...
14 February 2019 /regulation
Mark Goldspink CEO at The ai Corporation
As Bernard Marr suggests “Data is the new oil!” It is a claim you will have heard many times. Marr goes on to suggest that “It’s easy to draw parallels due to the way information (data) is used to power much of the transformative technology we see today – artificial intelligence, automation and advanced, predictive analytics. Marr states that “
31 January 2019 /ai
The volume, variety and velocity of data created in the digital age is making data usage a strategic priority for banks of all sizes. Data is often described as the ‘new currency’, and rightly so, as the ability to create value from this ever-growing resource will determine future success. Of course, data has always been valuable, but there are th...
04 January 2019
Vishwanath Thanalapatti Analytics at Temenos
Numbers are more persuasive; visual representations gravitate bringing the ‘wow’ factor. All this is possible by the sophisticated tools of today that churn large amounts of data into nice beautiful picturesque dashboards. Some look like abstract art that would have certainly thrilled Picasso. The CxOs use these to make ‘fact based’ business deci...
14 December 2018
Consumers now expect easy and immediate payment services, no matter where they are or what they are buying, whatever the payment method. It may be symptomatic of the ‘age of instant gratification,’ but it also demonstrates how people value financial agility. This was highlighted by a recent system failure with the UK’s Faster Payments System that...
21 November 2018 /payments
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