Data Management, Big Data and the Cloud

While advanced technologies geared towards getting a competitive edge through data have been available for some time, but mainly to larger financial services firms who can afford the investment, the trend of who is adopting these is changing.

In particular, the advent of cloud technology and the originally slow but now steady adoption of this across financial services firms has lowered the costs considerably, meaning that a wider group of businesses, particularly investment firms, can now use this technology for a range of business processes, such a data management, disaster recovery and investment decision making. The insights it brings to portfolio managers is remarkable.

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David Csiki

Author

David Csiki is the Managing Director and President of INDATA, a leading industry provider of software and services for buy-side firms including trade order management (OMS), compliance, portfolio accounting, and front-to-back office technology solutions. Prior to joining INDATA, Csiki was Manager of Marketing and Investor Relations at NYFIX, Inc. and was instrumental in developing the product concept and planning the successful launch of the company’s flagship product, NYFIX, a FIX broker network.