EFIS 2016: Execs Embrace ‘Rise of the Machines’ for Data Management, Trading

As machine-learning technologies become more commonly used among financial institutions, three data experts at the European Financial Information summit, held in London on Tuesday, Sept. 13, discussed ways that firms can leverage data analytics and machine learning to gain valuable insights from internal data. Shannon Walker, chief operating officer of the chief data office at Deutsche Bank, described how the bank is building a data science platform mainly focused on organizational complexity and making sense of what functions are consuming data, in what locations, and for what purposes. Meanwhile, BNP Paribas is using machine learning “in a systematic and statistical way…. digging up a trading system’s…


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