Latest Comments smallake {this year or last article yesterday, I gained an inquiry today. What happ

The traders here are mostly educated in math or physics, often outside the United States, and their desks are piled high with textbooks like the "R Graphs Cookbook," for working with obscure computer programming languages. "Our best traders ciao spend a lot of their time pounding away writing code," said Ryan Sheftel, head of the bank's automated Treasury bond trading, pointing at one of his young employees. "He is doing thousands of trades, but does not need to be manually involved anymore. The code he wrote is making the trading decisions.
Some FIs have already initiated steps in this direction and with timely thought leadership, sponsorship, and action, some FIs will emerge as leaders. Big data is no more a question of "whether-or-not" to implement. Nor it is a question of "when". It is now a question of "how" to implement. Therefore, the time is now to pave the way, push the pedal and steer in the direction where Big Data will bring big gains. The biggest challenges that FIs must overcome for successful implementation of big data are self-assessment (to identify areas of priority), thought leadership (to identify better ciao ways of implementation), and corporate sponsorship (to muster the resources required for implementation). From Big Data to Big Gains - from the Take a Step Back
Mining ciao of Massive Datasets Bayesian Reasoning and Machine Learning (pdf) Information Theory, Inference, and Learning Algorithms Gaussian Processes for Machine Learning (pdf) The Elements of Statistical Learning Introduction to Machine Learning (pdf) Think Bayes (pdf)
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