[youtube http://www.youtube.com/watch?v=6Hc1fubTtAw?rel=0&hd=1&w=560&h=340]
Our Main Points
- A lack of qualified people, not software, could put a brake on analytics.
- Aggregating data isn't as much of an issue as making sure it's reliable and meaningful.
- The cost of technical solutions is dropping, but it may be a decade before a new generation of specialists is available to take advantage of it.
- If you're in financial IT, you're going to be very busy soon.
- The Dodd-Frank Act - financial reform - is expected to impact every section of the business.
- Observers say they'll need new technology and upgrades so they can comply with the law.
- And some business models are going to change - like in trading and derivatives.
- Remember how much fun Sarbanes-Oxley was? I bet this is better.
- When you're networking - with people - here's a caution.
- Beware of social engineering.
- This is a fancy way of saying be careful about spilling company secrets.
- There are some people who might try and trick you into talking about your firm's technology, strategy and what have you.
- That doesn't mean you should stop networking. Just means you should be careful.