by CDO Review Staff | Mar 15, 2019 | Retail Finance
The world’s biggest tech companies will not be satisfied with just upending retail with online commerce or rattling the automotive industry with self-driving cars. They also have their sights set on the juicy profits that banks have always enjoyed. Big tech is moving...
by CDO Review Staff | Mar 15, 2019 | Retail Finance
Data monetization can be a source of great, even immense, value for financial institutions. However, improperly handled data monetization can run afoul of government regulations and cause headaches that are just as big. Randy Koch, CEO at ARM Insight, says that banks...
by CDO Review Staff | Mar 15, 2019 | Retail Finance
Banks and credit unions need to invest in and fully embrace digital tools that will allow them to customise their relationship with their clients thereby winning their trust and gaining their loyalty. Customer expectations are rising as more and more companies employ...
by CDO Review Staff | Mar 15, 2019 | Asset Management and Trading
Traditional data, such as market reports provided by Bloomberg and other data vendors, are no longer enough to provide the complete picture for asset managers. Alternative data that comes from sources as varied as mobile phone activity records, GPS surveys, drone...
by CDO Review Staff | Mar 15, 2019 | Retail Finance
In certain ways, machine learning is crashing full-tilt into the financial services industry. After getting their feet wet with analytics tools that sifted through masses of data to gain business insights, banks are now levelling up with risk advisory robots that...
by CDO Review Staff | Mar 11, 2019 | Data Inc., Deals
Data annotation company Appen was seeking to expand its operations and it found that the San Francisco-based Figure Eight was a perfect fit. Appen will pay $175 million in cash immediately for Figure 8 with another $125 million forthcoming if Figure Eight meets...
by CDO Review Staff | Mar 7, 2019 | Data Inc.
The six biggest Canadian banks have formed a partnership with data services provider CanDeal to establish Canada’s first fixed-income and derivatives market data hub. The new hub, designed as a Data-as-a-Service (DaaS) business, will take market data from all...
by CDO Review Staff | Mar 7, 2019 | Uncategorized
Gridsum Holdings and New H3C Group have announced a strategic partnership that is intended to mainstream big-data analytics and AI into China-based firms. More info on the Gridsum-New H3C partnership was published in Industry Source: According to the terms of the...
by CDO Review Staff | Mar 7, 2019 | Data Inc.
Attom Data Solutions, a property data access provider that has information on more than 155 million US properties, is now offering Data-as-a-Service (DaaS). Attom believes that DaaS is the future of Big Data as it is easy to implement, timely, secure, and...
by CDO Review Staff | Mar 7, 2019 | Data Inc., Deals
Racktop Systems is a startup that believes that the best comprehensive solution to data breaches is an architecture that combines data security and fast data transfer performance. Rackstop relies on transparent data movement that allows data to seamlessly move in the...