Data, Data Everywhere... But Not a Drop of Insight
Like the sailor in Coleridge’s “The Rime of the Ancient Mariner,” who is surrounded by salt water that he cannot drink, many financial services professionals contend with similar challenges: data is all around them, but it’s not doing them much good. Firms need to drink deeply from their data, developing greater expertise not only at data discovery, but also at data valuation. Because at this point, data is the only true source of ompetitive differentiation.