{"id":3480,"date":"2016-05-17T00:30:52","date_gmt":"2016-05-16T16:30:52","guid":{"rendered":"https:\/\/www.indataipm.com\/?p=3480"},"modified":"2024-09-20T10:26:32","modified_gmt":"2024-09-20T18:26:32","slug":"banks-buy-side-failing-act-benefits-opportunities-big-data","status":"publish","type":"post","link":"https:\/\/www.indataipm.com\/banks-buy-side-failing-act-benefits-opportunities-big-data\/","title":{"rendered":"Big Data: The Untapped Opportunity for Banks and Buy-Side"},"content":{"rendered":"<p>At INDATA we have found that buy-side firms are becoming increasingly receptive towards the benefits that big data tech provides and this has led to a strong increase in adoption amongst our client base. What we are seeing is that in order to be successful with big data solutions, investment managers sometimes need to make a \u201ccultural\u201d change and embrace the concept of having an enterprise-wide data set across the firm. This is where very large organizations often have difficultly, namely embracing and implementing change. Most medium and smaller buy-side firms do not have this issue and this is where big data technology, much like technology itself, can become a great equalizer, i.e. giving small to mid-size investment managers a competitive advantage over their larger peers. This theme of embracing big data tech through cultural change is echoed in this <a href=\"http:\/\/greyspark.com\/banks-and-buy-side-failing-to-act-on-benefits-and-opportunities-of-big-data\/\" target=\"_blank\" rel=\"noopener noreferrer\">recent report from Greyspark<\/a> which is worth a read.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At INDATA we have found that buy-side firms are becoming increasingly receptive towards the benefits that big data tech provides and this has led to a strong increase in adoption [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2853,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"_stc_notifier_status":"sent","_stc_notifier_sent_time":"2023-09-07 14:59:57","_stc_notifier_request":false,"_stc_notifier_prevent":false,"_stc_subscriber_keywords":"","_stc_subscriber_search_areas":"","content-type":"","footnotes":""},"categories":[71,100,38,41],"tags":[65,53,87,83],"class_list":["post-3480","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-big-data","category-blog-articles","category-data-management","category-technology","tag-big-data","tag-buy-side","tag-enterprise-data-management","tag-technology","post_format-post-format-image"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Banks &amp; Buy-Side Failing to Act on Opportunities of Big Data?<\/title>\n<meta name=\"description\" content=\"Buy-side firms are increasingly receptive towards the benefits that big data tech provides, and to be successful, investment manageers need to embrace it.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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