Cost, Regs, Volumes, Analytics to Drive Data Innovation in 2014

The need to capture, process, manage and analyze these growing volumes—from SEFs and other sources—is also vexing many data consumers. But, according to David Allen, vice president of sales and marketing at predictive analytics provider EidoSearch, “2014 is the year we figure out how to drink from the fire hose,” and “harvest the value of raw data” in areas such as risk management, execution, and surveillance, using new search techniques and principles developed in other areas, such as facial recognition, to identify not just relevant data but also correlations between datasets, and to predict outcomes based on those datasets and relationships—such as combining investor psychology and past price trends to predict future price movements.

Full article published in Waters magazine, January 2014