Old Wine In New Bottles: Big Data In Markets And Finance
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Co-hosted by Morgan Stanley
Held at Morgan Stanley, 1585 Broadway, New York, NY
Tuesday, October 13, 2015
Summary: One can hardly read a newspaper, listen to a news broadcast, or open a web page without encountering the words "Big Data", often in gushing terms, and often accompanied by extreme claims. “Old Wine in New Bottles” is intended to acknowledge that finance and markets have exploited large datasets long before anyone really uttered the words “Big Data” in caps and scare quotes, and long before the term became so ubiquitous that it approaches meaninglessness. The focus of the meeting will include both the historical origins and current applications of quantitative, big-data approaches to finance and markets, including new approaches that are becoming possible because of the existence of *new* kinds of large data sets, both inside and outside the finance and market arenas.