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Three ways to close your firm’s data science talent gap

by CDO Review Staff | Jun 3, 2019 | Data Talent and Recruiting

Demand is very high for data scientists right now and if your company cannot compete with the big boys for data talent, there may be a few ways to skirt that problem. Alex Woodie wrote this article on hiring data talent for Datanami: Go Down Market One potential way...

Data firms need to hire more women

by CDO Review Staff | Jun 2, 2019 | Data Talent and Recruiting

Women fill less than 2 of ten data science jobs, according to a recent Harnham Report. And that gender and pay gap covers a whole range of tech jobs from developers to programmers to cybersecurity staffers. The pay gap extends even to female remote workers in a job...

Hiring diverse candidates can help you win the war for talent

by CDO Review Staff | Jun 2, 2019 | Data Talent and Recruiting

Companies with diverse talent simply perform much better, according to McKinsey & Co. This bolstered by the fact that companies that rank among the leaders in diversity are also more likely to have financial returns above the national average. Diversity and...

The corporate hiring process needs a revamp

by CDO Review Staff | Jun 1, 2019 | Data Talent and Recruiting

It costs a lot of money to hire a new employee. The Society of Human Resource management estimates that it costs $4,129 to fill a job vacancy in the United States where 66 million such vacancies are filled every year. CEOs say that hiring talent is their number one...

Tech workers more likely to ask for raises (and get them)

by CDO Review Staff | Jun 1, 2019 | Data Talent and Recruiting

A salary survey conducted by Burtch Works Executive Recruiting revealed that among all industries, tech workers were more likely to ask for a raise and they were also the group most likely to receive a raise. The survey also revealed that women’s median salary in the...

Alternative data takes root in mainstream, survey says

by CDO Review Staff | May 31, 2019 | Asset Management and Trading

A survey conducted by data and analytics advisory firm Element 22 revealed that alternative data and advanced analytics have now become mainstream for asset managers seeking greater returns on investments. John D’Antona Jr. filed this report on the Element 22 survey...

Asset managers learn to play Moneyball

by CDO Review Staff | May 31, 2019 | Asset Management and Trading

Just as the use of advanced analytics transformed baseball by challenging long-held beliefs and rewriting convention (Moneyball), the same revolution is also occurring in asset management where an evidence-based, data-centric mindset has taken root among asset...

Axyon AI hires new Chief Commercial Officer

by CDO Review Staff | May 31, 2019 | Asset Management and Trading

Financial services provider Axyon AI has hired Frank Abbenhuis as its new Chief Commercial Officer. Abbenhuis’ appointment is expected increase the company’s focus on AI and data-driven solutions for improving investment decisions. Here is an excerpt from a report...

Three reasons why most computer models can’t beat the market right now

by CDO Review Staff | May 31, 2019 | Asset Management and Trading

Computerized stock pickers could very well beat humans in the future. Witness what AI-driven machines have been able to accomplish in chess, at the very complex game of go, and even at the multitudinous choices present in StarCraft. But right now, despite serious...

Machine learning, AI become popular weapons in investing arms race

by CDO Review Staff | May 31, 2019 | Asset Management and Trading

Over the last five years, hedge funds using AI and machine learning have turned in better returns that the average fund according to the Eurekahedge Index tracker. Billions of data points being processed in very large data sets seem to confer an edge and this is why...
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