Investors are starting to freak out about the amount of their activity that's being monitored and monetized by investment banks

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Even though the sell side is packaging up anonymous data, some buy side executives warn that they need to be careful.

, such as what types of customers have been historically interested in certain bonds.

"The sell side and the buy side need to have a conversation about data and ownership," said Anthony Tassone, the founder of communications platform GreenKey."If we back up a little bit, with the exposure to machine learning and data scientists, the sell side is hiring data scientists like they were developers 15 years ago. There's an explosion of unstructured data at these institutions.

that while many clients like the analytics banks are providing around their own data, customers are incredibly uneasy about having their own data shared with others.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Every Company Wants to Become a Tech Company–Even if It Kills ThemAll sorts of businesses are collecting a ‘rolling hairball’ of data on their customers. Whether they can use their insights to transform into tech companies is another matter. Especially tough after Kraft got busted
Source: WSJ - 🏆 98. / 63 Read more »