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DERIVATIVES VERSUS THE DATA DELUGE Big data

Dec 01, 2018 - The Banker

The derivaTives indusTry is on The cusp of a Technological revoluTion that should drive down costs and make regulatory reporting easier, but could just as easily result in widespread job losses.

Technology has become a great deal more important to the sector since the global financial crisis. The regulatory burden has soared, leaving firms to try to reduce costs through the increased use of automation and technology. In the US, the Dodd-Frank Act took effect in 2010; in Europe, the Europea...