The Big Data Picture

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Big data looms large as a financial industry buzzword, with multiple definitions of what it represents, and concerns about how to handle it and manage it. The term can encompass both the rapidly increasing volume of securities transaction data and commentary on markets and securities in the form of blogs and audio or video postings.

The industry is turning to cloud computing and the open source Apache Hadoop standard to provide computing power or systems for processing big data, leading to

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Back to basics: Taxonomies, lineage still stifle data efforts

Voice of the CDO: While data professionals are increasingly showing their value when it comes to analytics and AI adoption, their main job is still—crucially—getting a strong data foundation in place. That starts with taxonomies and lineage.

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