Tag : data
Banks need not fear startups
How data science can save traditional banking and insurance from GAFA Florian Douetteau December 12, 2016: In 2016, there are very few industries that big tech players (Google, Apple, Facebook and Amazon – or GAFA) don’t have their hands in. The finance industry is no exception; after having recovered from the global economic crisis of...
Brexit: Sterling appears more vulnerable than any other major currency
Its value in foreign exchange markets is reliant on purchase of UK financial assets by overseas investors Don Smith October 27, 2016: Despite a run of better than expected UK economic data since the Brexit vote – including 0.7% second-quarter expansion, beating estimates – financial markets are increasingly concerned about the outlook for the country’s...
Yahoo reveals world’s biggest data breach
Happened in 2014 and at least 500 million users were affected IFM Correspondent September 23, 2016: Yahoo, the California-based tech giant, on Thursday said personal information of at least 500 million users was stolen in an attack on its accounts in 2014. The attacker was a ‘state-sponsored actor’, and stolen information may include names, e-mail...
Talend joins Nasdaq stock market
The company’s solutions help companies become data driven August 2, 2016: Talend, a Silicon Valley-based leader in big data and cloud integration solutions, joined Nasdaq stock market. Talend’s open-source, next generation solutions help companies become data driven by making data more accessible, improving its quality and quickly moving data where it’s needed for real-time decision...
IMF cuts its global growth
Predicts increase in uncertainty after Brexit IFM Correspondent July 20, 2016: Keeping a close eye on Brexit and its anticipated impact, the International Monetary Fund (IMF) has cut its global growth forecasts for the next two years. The move included a nearly full percentage point reduction in the UK’s 2017 growth forecast. Cutting its World...
Real cost of data management
Assessing the hidden costs of data management in an asset management firm October 15, 2015: The desire to pursue new, sophisticated investment strategies generates conflicting objectives. All firms wish to increase their business agility and shorten time to market. This must be weighed against the need to manage a growing body of complex data that...
Cyber Crime and Security – An ongoing battle
Cybercrime can no longer be dismissed as the remit of the ‘young geek in the garage’ Liz Field February 2, 2015: The opportunities and threats represented by technology are something ever present in our daily lives and no less a cause for thoughtful consideration and handling in the wealth management industry, where it can be...
Scottish independence: The question of your data
If Scotland becomes independent, what does that mean for UK data sovereignty? Lubor Ptacek September 18,2014:Scotland goes to the polls on Thursday to vote on independence from the Union. If a yes vote is passed, it throws into question the impact on data sovereignty. It’s a curious notion, one that both Whitehall and Holyrood have...
Home Depot’s payment system breached
Could potentially impact customers using payment cards at its US and Canadian stores September 9, 2014: The Home Depot, the world’s largest home improvement retailer, on Monday confirmed that its payment data systems have been breached, which could potentially impact customers using payment cards at its US and Canadian stores. There is no evidence that...