Why it's important: It's been said that data is the business on Wall Street. Without proper pricing, valuations and information on customers and counterparties, the business would grind to a halt. Today, however, the demands on the traditional data management organization are increasing: Business units are asking for better analytics, risk managers want access to more data, regulators want a clearer picture of a bank's financials, all while unstructured data continues to grow.
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