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Tag Archives: Big Data

The Growing Value of Data – Oliver Albers, Nasdaq MarketsWiki Education,MWEd,Video,video

“When I started in this business, data was very, very uncool. Trust me.”  Data is not uncool any longer. Consider that every minute there are more than 12 million texts sent and more than 4.3 million YouTube videos watched. It is estimated that humanity’s accumulated digital data haul will be more than 44 trillion gigabytes by 2020.  There is even a band called Big Data.  In this video from MarketsWiki Education’s New York event, Nasdaq’s Oliver Albers, senior vice president and head of strategic partnerships for global information services, talks about the value to be had in the ever-growing data economy. …

Big Data: Too Popular for its Own Good? John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Today is your last chance to save $75 on tickets for A Leg to Stand On’s Rocktoberfest charity events in Chicago and New York! ~SD In Q2, ICOs raised $8.3 billion versus $3.3 billion in Q1. The average return of ICO tokens in Q2 was -55 percent.~SD Brazilian exchange group B3 reported that Q2 average daily volume in its derivatives segment rose 36.7 percent over Q1, and 4.7 percent year-over-year.~JK According to Preqin, there are now 499 members of the “Billion Dollar Club,” which is what it calls those institutional investors who…

Market Structure: Why You Should Care – Kevin McPartland, Greenwich Associates Feature,MWEd,Mwiki,Video,video

“I’m not a particularly good investor. I don’t know if my own portfolio is set up the way it should be. But I can certainly explain to you exactly how an equity trade comes from a pension fund and makes its way all the way down through the market and settles and all the other pipes and plumbing that come with it.” In this video from MarketsWiki Education’s World of Opportunity event in New York, Kevin McPartland, managing director, market structure and technology with Greenwich Associates, takes a step back from the minutiae of markets to talk about the big…

Establishing a Presence – Travis Schwab, Eventus Systems Feature,Mwiki,Video,video

Travis Schwab, CEO of Eventus Systems, thinks firms that participated in the mad rush to build out their compliance and surveillance technologies are likely at a reevaluation phase. That presents an opportunity for Eventus, a three-year-old compliance and surveillance technology firm. In this video from JLN’s annual series with industry leaders, Schwab talks about issues with data integration, machine learning applications and entering the multi-billion dollar compliance technology industry.   Produced by Mike Forrester Interview by Jim Kharouf

Bringing Crypto To The In(stitutional) Crowd – Rick Lane, Trading Technologies Feature,Mwiki,Video,video

Rick Lane, CEO of Trading Technologies, hits the nail on the head when he says that you can’t walk the halls of a conference like FIA Boca and not hear murmurs of “crypto” just about everywhere you go. In this third video of JLN’s annual series with industry leaders, Lane talks more about TT’s work with GDAX in the cryptocurrency space and the necessity for industry service providers to harness the copious amounts of data they love to talk about. Produced by Mike Forrester Interview by Jim Kharouf

Myths and Misconceptions Surrounding Artificial Intelligence MWEd,Mwiki,Video,video

“We can only see a short distance ahead, but we can see plenty there that needs to be done.” -Alan Turing in 1950’s seminal “Computing Machinery and Intelligence” While it feels like only recently that company after company, in industry after industry, has started deploying some variety of “machine learning” or “deep learning” or “artificial intelligence” in their marketing materials and new initiatives, technologists and academics have been talking about the field for decades. But with this recent proliferation of use cases comes the unavoidable confusion over what the terms actually mean in practice. Is there a black box with…

Don’t Blink, The Markets Are Changing Right In Front of Your Eyes Blog,Commentary,Exchanges, OTC & Clearing,Feature,Fintech,Investing & Trading,Mwiki

Eighteen Years Later, Another Inflection Point Eighteen years after the start of this newsletter, the markets and its participants face new challenges that make reading JLN today even more important, relevant and necessary to keep abreast of the latest disruptive challenges. Today we find ourselves at an inflection point in the markets, with a new generation of digital natives discovering whole new opportunities in the markets, billions of dollars pouring into potentially disintermediating fintech and intense global interest in all things fintech and crypto. Back in 2000, when this newsletter was first published, the markets were facing the move from…

An Update on the Consolidated Audit Trail Regulation & Enforcement,Video,video

At STAC’s 92nd Annual Mid-Winter Meeting, JLN spoke with Shane Swanson, chief compliance officer with Thesys CAT LLC, about the state of the Consolidated Audit Trail (CAT). The CAT will be a large trade data repository for options and equities used for surveillance and tracking. Thesys CAT is the recently formed subsidiary of Thesys Technologies tasked with developing the CAT. The plan was intended to go live in November 2017, but as the date neared, the SROs put in a one year exemptive request. While the SEC has not granted the request, it did agree to work toward a new…

Trump to tap Powell for Fed; UK fintechs eating banks marketshare; Regulators warning about robots John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Congratulations to CME Group employees who supported October Pink for a Purpose campaign. Their efforts brought in more than $50,000. When you include CME’s corporate donations, more than $175,000 will go to @BeBrightPink and more than $16,000 will go to @CR_UK for the early detection, prevention and research for breast and ovarian cancer.~JJL The Treasury released its report on year-end 2016 U.S. portfolio holdings of foreign securities.. The largest holdings of foreign securities by country were the Cayman Islands with $1.37 trillion, the United Kingdom with $1.20 trillion, Japan with $854 billion…