Ending the Black Box's Reign

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I just finished uploading the latest episode of the Daly Post Podcast featuring OpenGamma CEO and CTO Kirk Wylie discussing open-sourced software's benefit to Wall Street. It's about regulation now, not just cost savings.

Adapting to the Enterprise App Economy

How many of us have had enterprise software vendors that they plan to launch an Apple App Store-like offering in the "very near future" and that it will revolutionize how firms buy software?

Well, I am not biting. 

There are many things that Apple can teach the enterprise-size firms. However software purchasing is not one of them. 

Ever since Apple released its iTunes App Store for iPhones and high-end iPods, it raised the bar for all other software vendors in terms of intuitive user experience (UX) and pricing. The only problem is that it is focused strictly on the retail market.

Bloomberg Pushes NEXT Migration

After an approximate $100 million investment and two years of development, Bloomberg successfully migrated a third of its 313,000 Bloomberg Professional Services clients on to its Bloomberg NEXT version of the vendor’s platform, according the senior Bloomberg officials.

The migration began three to four months ago and officials expect to have approximately 90 percent of the Bloomberg clients on the new version by summer before ending support for the legacy version by the end of the year.

Starting tomorrow and going through April, Bloomberg will host Bloomberg NEXT training sessions in 16 cities around the world, where clients can work with a variety of Bloomberg NEXT experts to help with the switchover.

Since Bloomberg officials wait until roughly a third of its customers are on a new offering before speaking with the trade press, most Bloomberg users probably already have had some cursory discussion on Bloomberg NEXT.

However, if you are not a Bloomberg subscriber or have been living in a cave for the past four months to avoid the Republican primary debates, the most important thing to know is that Bloomberg NEXT is the Bloomberg Professional Service. It may have a new name, but it has all of the existing capabilities as well as new ones and without an increase in the monthly or annual license.

Big Data Gets Up Close and Personal

If you ever wondered about the value of big data, just read this Wired article on what the data wizards over at Facebook are doing. They have identified the listening habits of members who have just started new relationships and those who have just ended relationships, so they can identify those likely to start or end relationships before they know. Sure, merchants would love this data for its targeted marketing value alone, but it also could be exploited easily for other financial uses. Imagine if you could incorporate this into algorithms that predict the performance of traders, athletes or anyone else. The opportunities are almost limitless.









 

Twitter Maps Made Easy

View rob_daly's profile on TweepsMap

I have to admit that I'm an analytics junkie. When I came across #TweepsMap for Twitter, it sucked me in for a bit more time than is probably healthy. It's easy to use and provides a good deal of data. Check it out and have fun.