By 2020, it's estimated that 4.4 terabytes of data will be generated each month for every human on earth. From cell phone calls to social media, credit card purchases to satellite images, the human race is creating data at an unprecedented rate.
In every sector of society, from space travel to healthcare, corporations are scrambling to make sense of the vast amounts of data being created, and figuring out new ways to use them for boosting their business. Financial markets are no different.
In asset management, this data goes far beyond the kinds of information traditionally used by investment managers in day-to-day operations, such as market data from exchanges, regulatory filings, and earnings reports.