Report: Big Data Analytics Bottleneck Challenging Global Capital Markets Ecosystem
New research says converting massive quantities of financial data to information needs trusted collaborative partners and solution providers.
In new research, TABB Group says that big data issues are beginning to impact the global capital markets landscape with the management and consumption of big data seen creating an analytics bottleneck across the ecosystem.
According to TABB’s director of data and analytics (DnA), Paul Rowady, who wrote “Analytics Bottleneck: Battling the (Unfortunate) Shape of Big Data,” with few exceptions, such as some of the largest tier-1 banks, capital markets firms do not “produce” much big data, which means the big-data ecosystem” toolkit necessary to store and manage all that data has not yet known the widespread adoption we might expect to find in other industries that are more dependent upon digital-era capabilities.