October 2018: Shaking Off The Semantics Stereotype
When you write about semantics, a funny thing happens: Sources get self-deprecating. For my research into the industry’s march toward game-changing semantics ontologies, I spoke with some of financial services’ most insightful minds, certainly—people who are excited by the topic, and nearly every one of them made a joke about how semantics is terribly dull or remarked how no one ever wants to talk about standards or the considerable, complex work that goes into establishing workable ontologies.
They’re wrong, though. At this very moment, the semantics world is forming creative partnerships and producing ground-breaking technologies and although so far there is only a glimpse of what could be gained by establishing and adopting ontologies across the industry, that glimpse is exciting. For this issue, I took a first look at how, after years of work, the necessary convergence of standards, ontologies and their respective custodians is finally becoming a reality. In fact, I found the topic so robust that I plan to expand it into a series, so look for features in upcoming issues of Inside Data Management that focus on other dynamic breakthroughs in the world of semantic ontologies.
Our Hong Kong editor, Wei-Shen Wong, also takes a closer look at how data is handled. We often hear data managers struggling to stay ahead of regulatory requirements mutter that although they mandate reporting, regulators aren’t equipped to handle all that data, anyway. Inspired by a European Securities and Markets Authority keynote speaker at the European Financial Information Summit in September who said the regulators are handling the data just fine, thank you very much, Wei-Shen spoke to their Asia Pacific-based and Japanese counterparts to learn more about what the region’s regulators do with the data they receive, and how they plan to improve their own processes.
Amid various discussions about how data is organized and managed, it is always worth taking a moment to mull whether the data should be eligible to deliver alpha in the first place. Amelia Axelsen’s feature on the ethics of alternative data investigates why and when firms should consider data ethics (hint: early) and reveals what are the big questions to ask to head off an ethical day of reckoning. Another area due for a day of reckoning is the rising cost of market data. Max Bowie provides a preview of industry user group and Nasdaq positions ahead of a two-day Securities Exchange Commission event slated for late October.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
Capital markets firms wary of cloud overspend
Data architects highlight cost concerns as more and more institutions look to use the cloud for data storage and management.
Nasdaq to market new options strike listing tech to other exchanges
The exchange operator is experimenting with emerging technologies to determine which options strike prices belong in a crowded market, with hopes to sell the tech to its peers.
Waters Wavelength Podcast: Bloomberg’s Tony McManus
Tony McManus, global head of enterprise data division at Bloomberg, joins the podcast to talk about the importance of data in the context of AI and GenAI.
Putting the ‘A’ in CDO: The rise of the chief data and analytics officer
As data and analytics become more intertwined, banks and vendors are creating a new role—the chief data and analytics officer—to help them take advantage of the opportunities it presents. It may sound easy, but rethinking data can be a gargantuan task.
The IMD Wrap: Talk about ‘live’ data, NAFIS 2024 is here
This year’s North American Financial Information Summit takes place this week, with an expanded agenda. Max highlights some of the must-attend sessions and new topics. But first, a history lesson...
Waters Wavelength Podcast: S&P’s CTO on AI, data, and the future of datacenters
Frank Tarsillo, CTO at S&P Global Market Intelligence, joins the podcast to discuss the firm’s approach to AI, the importance of data, and what might be in store for datacenters in the coming years.
Breaking out of the cells: banks’ long goodbye to spreadsheets
Dealers are cutting back on their use of Excel amid tighter regulation and risk concerns.
BMO’s cloud migration strategy eases AI adoption
The Canadian bank is embracing a more digital future as its cloud strategy makes gains and it looks to both traditional machine learning and generative AI for further augmentation.
Most read
- Waters Wavelength Podcast: Bloomberg’s Tony McManus
- IMD & IRD Awards 2024: All the winners
- Waters Wavelength Podcast: S&P’s CTO on AI, data, and the future of datacenters