In the last several years, there has been much hype in the media about the importance of ‘Big Data’ and how transformative it will be in producing efficiencies and facilitating better decision making for many businesses and institutions. However, in the investment management realm, most asset managers and institutional investors are not reaping the benefits of the secular trend towards Big Data. The vast majority of asset managers and institutional investors, large and small, are not able to take advantage of Big Data because their key workflows are manual and based upon cumbersome spreadsheets and because their data are not properly organised, archived and retrievable.
To read the article on the web, please click here