Interpreting KYC data and new client onboarding and reporting requirements in the right way will be critical to success.
Data is the foundation of the financial industry. The work involved in compiling data, ensuring quality and synchronizing access across markets and firms is now critical to the business’s growth.
At a time when many in finance say the future belongs to math-and-data loving quants, understanding the Erdos Number couldn’t hurt.
The challenge for today’s trader is building and maintaining personal relationships in a largely electronic marketplace, within an auditable and compliant infrastructure.
It’s clearly impossible for any human being to read, let alone absorb all this fragmented and unstructured information, so financial markets turned to algorithms to parse, group and determine sentiment to the apparently ever growing number of posts.
Despite a changing of the guard, it does not appear that the SEC is going to alter its current enforcement model.