Data Management Insight Blogs The latest content from across the platform
Return on Investment Remains a Challenge for Financial Institutions Migrating Data to Cloud
Migrating data and apps to cloud can be a game changer for financial institutions. It can also be more expensive than expected and raise issues around data quality, governance, security, access and integration. A clear data strategy with a defined goal, and an understanding of what can and cannot benefit from a move to cloud,…
Snowflake Reviews the Rise of the Chatbot
Large language models (LLMs) are increasingly being used to create chatbots with 46% of apps falling into this category in May 2023, and the percentage continuing to rise. This shows a shift from LLM applications with text-based input, 82% in 2023 and 54% in 2024, to those with iterative text input and offering the ability…
SIX Invests in BITA to Enhance Global Benchmark Platform and Expand Indexing Technology Services
SIX, the Swiss financial data and market infrastructure provider, has made a strategic investment in BITA, the indexing technology and services company. The move aims to bolster a range of ongoing joint projects and fast-track the global expansion of SIX’s benchmark platform. Existing BITA shareholders, including ETFS Capital, Volta Ventures, and Pamica NV, have also…
S&P Global Market Intelligence Adds Baird Aftermarket Research on Exclusive Basis
S&P Global Market Intelligence has become the exclusive provider of Baird Aftermarket Research, which provides industry overviews, company-specific forecasts and recommendations, and in-depth thematic insights from more than 40 senior analysts covering over 700 companies. The aftermarket research adds to Baird research that has been available on S&P Global Market Intelligence’s Capital IQ and Capital…
How to Deliver a Successful Data Strategy – And Show Value
Delivering a successful data strategy and proving its value can be challenging for CDOs, but there are approaches that can ease the burden, improve outcomes, measure success, engage employees across the organisation, and raise the profile of the CDO office. Discussing ‘How to deliver a successful data strategy – show me the value!’ during a…
Rimes Releases AI-Powered Data Lakehouse Copilot for Natural Language Insights
Rimes has released a Data Lakehouse AI Copilot that provides natural language insights and enables users to accelerate performance by providing investment managers with faster, streamlined access to specific data sets they need. The solution eliminates the need to write code as its natural language answers enable users to quickly transfer datasets and apply them…
Snowflake and NVIDIA Expand Collaboration to Accelerate AI Productivity in Data Cloud
Snowflake and NVIDIA have expanded an existing collaboration by bringing together the full stack of the NVIDIA accelerated compute platform with Snowflake’s Data Cloud data foundation and secure AI. The result, a combination of computing power and infrastructure designed to accelerate AI productivity. The expansion builds on Snowflake and NVIDIA’s previously announced NVIDIA NeMo integration…
EU Parliament Approves Landmark Artificial Intelligence Act
The EU Parliament has approved the Artificial Intelligence Act, marking the world’s first regulation of AI. The regulation establishes obligations for AI based on its potential risks and level of impact and is designed to ensure safety and compliance with fundamental rights, democracy, the rule of law and environmental sustainability, while boosting innovation. The act…
Alexandre Kech Steps Up to Role of GLEIF CEO as Stephan Wolf Steps Down
Following the decision by Stephan Wolf, CEO of the Global Legal Entity Identifier Foundation (GLEIF), to step down from the role on 24 June 2024 after a decade of leading the foundation from its start-up phase to the growing organisation it is today, the GLEIF board of directors has appointed Alexandre Kech to the position….
FactSet Introduces Interactive GenAI Solution Transcript Assistant
FactSet has released its first interactive GenAI solution available in the FactSet Workstation. Called Transcript Assistant, the solution is a conversational chatbot designed to accelerate in-depth research and analysis of earnings call transcripts, and help users search, analyse, and extract valuable, actionable insights from all transcripts in FactSet with a view to improving the investment…