BIG DATA

Will big data save the world's financial system?

The global financial system could be ensured a healthier and more prosperous future if new analytical approaches combined with big data usage are put into use, according to The Sacramento Bee.

A recent white paper released by BNY Mellon predicts that the 21st century global financial system will evolve even more quickly than it did in the late 20th century, with big data leading to new approaches in all phases of financial markets.

These phases include asset management, research, analytics, asset location, trading and risk management, the Sacramento Bee reported.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.