State Street Readies Machine Learning-Based Research Management Tool
State Street’s data and analytics arm is setting its sights on machine learning and robotic process automation to help firms deal with data management challenges, starting with the consumption and sharing of research, reports Joanne Faulkner.
However, JR Lowry, global head of information and advisory solutions at State Street, as well as EMEA head of State Street Global Exchange, the firm’s data and analytics organization, says clients are still wrestling with “a more basic data management problem… what will help them with cost reduction or with compliance.”
Lowry says data management is “a big theme across the board,” and the exponential growth in data volumes has the potential to “completely overwhelm” market participants. “You
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