Silos Still Prevalent
Asset management firms often contain internal silos, with portfolio managers and trading desks using their own separate data to make decisions. That needs to change.
Asset management firms often contain internal silos, with portfolio managers and trading desks using their own separate data to make decisions. That needs to change.
The premise is that data aggregation is the answer to keeping up with the ever increasing demands of big data. At first glance, this seems like a sound concept but upon further examination, it would not hold up for the needs of an average asset management firm.
There was a lot of press last week surrounding big data. While much of the discussion around big data applies to the sell side, it also applies to the buy side.