finance

For Finance, Is Big Data a Big Headache or a Big Opportunity?

Cyber attacks, data theft, data loss and security breaches are just a few of the worries that financial firms have to face when it comes to producing and storing their digital data. "The result of any of these could end up costing millions, or even billions of dollars," writes Marc J. Firenze, CTO at Eagle Investment Systems. However, the promise of aggregating this information and using it to improve company systems can be looked at as an opportunity that outweighs the risk.