inside reference data & workfusion on crowd computing: transforming the financial industry

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Post on 27-May-2015

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Crowd computing is a method of work that uses machine learning to combine automation tools and crowdsourcing to perform knowledge work. WatersTechnology's Inside Reference Data and WorkFusion (formerly CrowdComputing Systems) collaborated to provide a webcast for 300+ data professionals within financial services to explain and explore crowd computing and survey the audience about how they see this new capability transforming the financial and marketing data industry.

TRANSCRIPT

Page 1: Inside Reference Data & WorkFusion on Crowd Computing: Transforming the Financial Industry

Webcast Poll Results

MACHINE LEARNING + CROWDSOURCING = CROWD COMPUTING

Page 2: Inside Reference Data & WorkFusion on Crowd Computing: Transforming the Financial Industry

A  snapshot  of  the  results  of  the  webcast  poll:  

THE  AVERAGE  FINANCIAL  DATA  PROFESSIONAL  BELIEVES  THAT…  crowd  compu5ng  is  ideal  for  crea8ng  greater  efficiency,  building  market  data,  and    solving  the  looming  LEI  problem.  

Based  on  100+  responses  during  the  March  27,  1014  webcast  

Page 3: Inside Reference Data & WorkFusion on Crowd Computing: Transforming the Financial Industry

What  is  the  greatest  poten5al  benefit  of    crowd  compu5ng  for  data  vendors?  

ANSWER  CHOICES:  -­‐  CREATE  NEW  PRODUCTS  -­‐  GREATER  EFFICIENCY  -­‐  REDUCED  COSTS  -­‐  BETTER  DATA  QUALITY  

Page 4: Inside Reference Data & WorkFusion on Crowd Computing: Transforming the Financial Industry

Which  regulatory  ini5a5ve  do  you  think  crowd  compu5ng  is  best  posi5oned  to  facilitate?  

ANSWER  CHOICES:  -­‐  FACTA  -­‐  LEI  -­‐  SOLVENCY  II  -­‐  EMIR  

Page 5: Inside Reference Data & WorkFusion on Crowd Computing: Transforming the Financial Industry

Which  type  of  data  vendor  product  do  you  think  could  benefit  the  most  from  crowd  compu5ng?  

ANSWER  CHOICES:  -­‐  SECURITY  MASTER  DATA  -­‐  LEGAL  ENTITY  DATA  -­‐  EVALUATED  PRICING  -­‐ MARKET  DATA  

Page 6: Inside Reference Data & WorkFusion on Crowd Computing: Transforming the Financial Industry

WorkFusion  contact  info:  

www.workfusion.com  www.crowdcompu8ngblog.com  

#crowdcompu8ng1    

Adam  Devine  VP  |  Product  Marke8ng  [email protected]  

(848)  480-­‐0548