Improving Data Management in Capital Markets

Rejigging data management leveraging ontologies and semantic web technologies

In information intensive sectors like capital markets, acquisition, storage, and distribution of data are accounting for increased spends. Despite firms investing in technology solutions to address this, disconnect between data management, business logic, and systems design results in complexity. Technology solutions lack the ability to address this issue. In our view, the solution lies in adopting ontologies and semantic web technologies so that firms can develop the capabilities required to ensure effective information management and artificial intelligence led decision making. Moreover, with the financial services industry increasingly moving toward a ‘machine-led’ paradigm, ontologies and semantic web technologies will enable machines to go beyond the traditional parameters of scale and speed to the scope of business knowledge and logic.

Ontologies and semantic web technologies have the potential to reimagine several functions in capital market firms including:

• Investment research and advisory
• Legal and compliance
• Regulatory and risk reporting