It’s hard to imagine a function that requires access to a broader and more diverse set of information than investment research. After all, the typical research analyst pours through an endless amount of data as they strive to produce timely, accurate, and relevant investment recommendations. Annual reports, company filings, security analytics, risk analytics, industry blogs, social media, and market news are just a few of the many data points leveraged as part of the research process.
An entire ecosystem of tools and data processing frameworks have grown up around Hadoop. Almost as soon as someone identifies a weakness or limitation—and there have been more than a few—someone else creates a fix. That's one of the reasons the Big Data ecosystem is so complex. And why many large companies hung back before jumping in. They wanted to see if any leaders would emerge from the chaos.
How UBS Changed the World of Institutional Investment
This far into the Internet-driven evolution of traditional financial services, some commentators are questioning the value and future of digital innovation. Of course, technology has been re-directed to accomplish objectives inconsistent with legal guidelines and corporate o