Thomson Financial has implemented an IBM Z990 mainframe to boost capacity of its Thomson Datastream historical database. The upgrade has increased capacity by 35%, offering clients faster response times. Additionally, Thomson has introduced Internet access to Datastream data using the Point-to-Point Tunneling Protocol (PPTP). Thomson says German retail bank Nassauische Sparkasse has signed up to use the PPTP access facility.
Unstructured data is voluminous, unwieldy and difficult to store and manage. For capital markets participants, it is also key to generating business insight, making better-informed decisions and delivering both internal and external value. Solving this dichotomy can be a challenge, but there are solutions designed to help financial institutions digest, manage and make best use...
Next year will be one of rising data expenditure by financial institutions as artificial intelligence (AI)-led applications flourish, according to separate surveys. Nevertheless, most aren’t prepared for AI adoption, with organisations having neither the skillsets nor regulatory processes in place, according to another survey. The final flurry of industry studies for 2024 suggest that financial...
Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.
The on-site data management model is broken. Resources have been squeezed to breaking point. The industry needs a new operating model if it is truly to do more with less. Can hosted/managed services provide the answer? Can the marketplace really create and maintain a utility-based approach to reference data management? And if so, how can...