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Capital Markets
Financial Services
Data Management
Unlocking Data Assets for Capital Markets
A $6Tr Financial Services Industry spends more than $40Bn in acquiring and managing data. According to a survey by TMM Data & Digital Analytics Association, ~40% of data professionals spend more than 20 hrs / wk accessing, blending and preparing data rather than performing actual analysis. With more than 90% of all new enterprise data appearing in unstructured sources, businesses face an arduous challenge of making the data usable before losing its economic value. While legacy solutions are rigid, expensive and difficult to implement, companies lack tools to synthesize valuable unstructured information at scale. Refer to the visual representation of unstructured data flows across various organizations within Capital Markets.