Technology

Big Data: Successfully meeting the latest challenges in financial services

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Welcome to Thomson Reuters Exchange! Each week, we will be bringing you features from within Exchange, Thomson Reuters financial and risk publication. We created Exchange, as the name suggests, as a forum for dialogue, a digital publication where ideas and insights, information, news and analysis can be exchanged and shared across the global ecosystem of financial professionals in a dynamic, interactive format. We invite you to experience the rich content and interactive features on your iPad or Android tablet by downloading it from the App StoreGoogle Play or on Amazon. Or, to learn more about Exchange and stay abreast of the latest features, functionality and content in this issue and subsequent issues, visit our website.

All those bits and bytes only add up to something when they’re organized, arranged and made coherent.

Since the earliest days of the financial markets, information has been a key element of success. In the past, market information was conveyed by methods that now seem quaint: carrier pigeons, personal conversations, printed materials sent through the post.

Today more data is generated in a 24-hour period than in entire centuries of the past, traveling at lightning speeds to all corners of the globe. Accessing, sorting, compiling and leveraging that information is increasingly important in fast-paced markets and changing regulatory landscapes. (more…)

Smart watches compared – Graphic of the day

The new Apple Watch can receive phone calls and messages, play music, serve as a digital wallet and monitor heart rates. The watches will come in three collections, including a sport edition and an upscale line coated in 18-karat gold. Today’s graphic compares the Apple Watch to seven competitors already on the market.

smart watches

Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.

Smartphone comparison – Graphic of the day

Yesterday, Apple unveiled two new iPhones, the 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus. Today’s graphic compares the new iPhones to seven major smartphone competitors.

smartphones compared

Would you like infographics like this on your website, blog or other social media? Contact us and visit our Reuters Agency blog for insights and discussions on the changing media industry.

Tennis anyone?

US Open

Ahead of the 2014 World Cup, we launched the Reuters Sports Reel app as a way to showcase the terrific photography produced by our journalists. What makes this app so compelling is that you actually see photos coming into the app during events in near real time. In addition to covering this year’s Tour de France, we have now covered the Hungarian and Belgian Formula 1 Grand Prix races. With our internal push notification platform, you can get alerts for the events, teams, or individuals you most want to follow. Apple has already chosen to feature this product, and as mentioned when we launched the app, you can get it for both iOS and Android.

There are a couple of great pictures below from the Belgian F1 race, and we will be covering the rest of the Formula 1 calendar: (more…)

Knowledge Worker Innovation Series: Showcasing Innovators in a Big Data Ecosystem

Knowledge Worker Innovation Series

Inspired by a neighborhood of innovators and entrepreneurs, the Knowledge Worker Innovation Series consists of events that bring in thought leaders from industry and academia to discuss, dissect and explore technology topics and trends. The discussions helps us stay on top of and share the ideas that shape our approach to making information intelligent and delivering it to the businesses and professionals who depend on it.

We are pleased to announce the next event in our Knowledge Worker Innovation Series, proudly held in Boston’s Innovation District. Please join us to hear lightning talks from start-up CEOs Andy Palmer, (Tamr), Marilyn Matz, (Paradim4), and Adam Towvim (Trust Layers). This Big Data start-up showcase will explore connections and enrichment of diverse data, scalable native array database with native analytics and a new level of privacy accountability in the use of personal information in large data systems. This event will kick off the Mass Big Data Trek 2014 by the Mass Big Data Initiative. (more…)

More efficiently monitor activity in your portfolios

The new “Watchlist Pulse” app in Thomson Reuters Eikon helps portfolio managers, analysts and traders more efficiently monitor significant activities such as price changes, news flow and sentiment, research, and changes to StarMine model scores impacting companies in their portfolios or coverage lists.

The World in 2025 – Digital everything…everywhere

It’s human nature to want to know what’s coming. It seems fitting, then, that our IP & Science business, with innovation at its core, should also partake in leveraging its assets to forecast the future. The following is one prediction from our new report that features 10 innovation predictions for the world in 2025. Make sure to check out the entire series of posts and download the full report here.

From the smallest personal items to the largest continents, everything, everywhere will be digitally connected, and responsive to our wants and likes.

digital everythingThe digital world as we know it today will seem simple and rudimentary in 2025. If you think we’re electronically dependent now, you haven’t seen anything yet.

Thanks to the prevalence of improved semiconductors, graphene-carbon nanotube capacitors, cell-free networks of service antenna and 5G technology, wireless communications will dominate everything, everywhere.

From cars and homes that respond to your every wish and want, to appliances that think for themselves, to interconnected geographies – from the most remote farmlands to bustling cities – we will all be digitally directed. Imagine the day when the entire continent of Africa is completely, digitally connected. That day will happen in 2025.

Carbon nanostructures, and carbon-based nanocomposites in particular, are part of the driving force behind this transformation, and are poised to take center stage in high-energy density and power-density applications. Carbon nanocomposites can be used as supercapacitive electrodes, either in two-or-three-dimensional structures, with high surface area. And, these supercapacitors will be able to store infinitely more energy for later release.

We will live in an ultra-digitally responsive world, where more things are exponentially connected to the Internet than people.

Download the full report: The World in 2025: 10 Predictions of Innovation

Machine learning and authenticity; the key to unlock visual commerce

Cabo

by Andrew Fletcher, Manager, Emerging Technology

What is visual commerce? In essence it’s an extension of ‘what you see is what you get.’ If you see a photo of a model wearing a jacket then you know it has been photoshopped. If you see normal people wearing it then you know it is authentic, which drives sales. By tracking this using A/B testing, Olapic can add value by proving the impact of bringing ‘real’ content onto a brand’s site. It’s not news that humans are inherently visual. Now with a phone in every pocket we can all make beautiful images and share them. When Olapic started, the number of photos shared every day was in the low 100s of millions. Now that number is over a billion. User Generated Content (UGC) used to be synonymous with low quality. Now, the volume is so large that you can focus on the top quality content, and as a result brands are less fearful of UGC. (more…)

TechVision: The knowledge worker unleashed

We recently offered a TechVision seminar hosted by Bruce Gorter, CTO for Thomson Reuters Legal with guest speaker Spenser Segal, CEO and Founder ActiFi, Inc. The topic was The Knowledge Worker Unleashed: People, Process and Technology. Spenser identified how critical it is for businesses to integrate their workflows, with careful consideration to the business value that drives real benefit to the company and customer. His mantra was “people trump processes, processes trump technology and technology is critical to building a scalable and efficient business.”

Spenser defines utilization as people, process and technology and the efficiencies at various levels. He emphasizes the need for a clear articulation and delineation of process and workflow as a starting point to understanding and change. He then defines four levels of integration from the most basic to full functionality of multiple applications within a single integrated user interface. Spenser sees the benefits of successful integration as:  reduces time and cost of manually inputting data, a reduction in human error, consistency across systems and improved client services.

As consumers are more and more empowered by automation tools, they expect cross workflow applications.  Spenser closed by saying “The effective implementation of technology and automation will have a significant impact on your ability to serve your clients more effectively and profitably”. The knowledge worker is then free to focus on the high human value activities of building trusting and responsive relationships.

You can watch the full video below: (more…)

The World in 2025 – Electric air transportation takes off

It’s human nature to want to know what’s coming. It seems fitting, then, that our IP & Science business, with innovation at its core, should also partake in leveraging its assets to forecast the future. The following is one prediction from our new report that features 10 innovation predictions for the world in 2025. Make sure to check out the entire series of posts and download the full report here.

Light-weight aerospace engineering coupled with new battery technologies power electric vehicle transportation – on land and in the air.

World-2025_pdf__page_14_of_28_Getting from point A to point B will be significantly different in 2025 from how it happens today.

Cars and airplanes will still exist, but they will be smarter, battery-powered, able to travel longer distances and more light-weight. Advancements in non-carbon-based- fuel sources, including lithium-ion batteries, reversible hydrogen storage options, nanomaterials in fuel cells and thin-film batteries will all contribute to this reality.

Distributed power sources that recharge 10 times more than today and store much more energy than current sources will be the norm in transportation vehicles.

Lightweight aircraft and cars will be powered by the new, improved lithium-ion batteries. These aircraft will also utilize new materials that bring down the weight of the vehicle and have motors with superconducting technology. Micro-commercial aircraft will fly the skies for short-hop journeys.

As these new planes will be able to take off and land in much smaller spaces, getting a pilot’s license could become the new rite-of-passage to adulthood in the 21st Century.

Download the full report: The World in 2025: 10 Predictions of Innovation