A look into 2018 trends, Data Management and Artificial Intelligence
Q: As we begin to transition into 2018, what trends are you seeing for Data Management?
A: Looking into 2018, I believe that the volume, velocity and variety of operational and non-operational data will continue to grow exponentially, which will begin to overwhelm asset managers unless they are able to leverage an entirely new set of tools and techniques. This growth of data demands scalable, robust and intelligent solutions to support asset managers as they look beyond traditional data sets. Our aim is to build solutions that are designed to solve specific problems facing managers. For example, large asset managers are currently leveraging IVP’s EDM platform to create “Operational Data Stores,” which come complete with a domain-aware catalog, data lineage and commingled structured/unstructured data sets. These data sets are updated continuously intraday, thereby enabling specific business groups to build applications on top of the existing platform without any interference in leveraging overall data cleansing, collection and governance efficiencies. On the other end of the spectrum, hedge funds with a defined problem set can leverage prebuilt standard data flows enabled with standard reporting through our multi-tenant platform. This allows funds to be up and running in weeks rather than months.