Good blog post this week from Thomson Reuters, “Unleashing Big Data into the open,” regarding big data as a follow-up to their recent survey. The article notes that so far only large firms, such as State Street, have launched big data initiatives which include providing centralized analytical data to the front office. Our philosophy with iPM Epic is to provide the same big data technologies that have been so far only available to the largest of asset managers to our own clients. While the article goes on to focus on big data strategies centered around creating alpha, big data solutions can also have significant potential to reduce costs and this is another area that we are focused on with Epic.
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