The IMD Wrap: Discoverability and visibility, the new challenge of alt data overload

“There’s a data tsunami coming! We’re all going to drown!” How many times have we heard this warning over the years? And usually, it was a warning about capacity: the ability of firms’ servers and systems, and network providers, to carry and store and process the ever-increasing volumes of market data from exchanges.

Decimalization, volatility, high-frequency trading, algorithms that can generate actions faster and more voluminous than a human, not to mention “flash crashes”—all of these things