Financial firms have always relied on an array of data and technological processes to get the intelligence they need to make decisions. However, with the transition to today’s advanced technology environments occurring almost overnight, many organizations are still relying on the same data architectures, software, and workflows that they have for many years.
For example, over the last few years data science has become a critical new area within the financial community. At the same time, alternative data sets, advanced computing power and the benefits of the cloud are are becoming more readily available.
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