For Big Data, the Mindset Outweighs the Concept

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APTAS 2013 took place at the Regent Hotel in Singapore.

"In my opinion, and my experience, big data is nothing new. It's a buzz word," says Paul Lee-Simion, head of engineering at Standard Chartered Bank. "What it's really all about is making all of the data you have, and you can get, usable. It's making sense of that data."

Big data has been a hot topic for several years in financial services, and the drivers are easy to identify. Information flow naturally increases as asset classes move to an electronic basis, and as the infrastructure of the

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Cutting through the hype surrounding the FDTA rulemaking process

A bill requiring US regulators and institutions to adopt a machine-readable data framework for reporting purposes applies to entity identifiers, but not security identifiers, in a crucial difference, writes Scott Preiss, SVP and global head of Cusip Global Services.

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