The volume and variety of data available today is growing at a staggering pace, and costs of data storage and processing continue to fall. These trends are at the root of the data revolution, and their impacts can be seen in many investment management domains. Data powers algorithmic-based trading strategies. Data powers customer facing “robo-advice” and chatbots. Data powers compliance and risk software. For industry lawyers and compliance officers this is both “nothing new” and an accelerating source of questions.
To read Greene's article on Shearman & Sterling's website, click here.