The world of finance is going to be drastically altered by “big data.” That’s the conclusion of a recent white paper released by BNY Mellon. Written by Jack Malvey, BNY Mellon’s Chief Global Markets Strategist, the paper predicts that new approaches, analytics, research, and management techniques around “big data” will rapidly transform the world of …
When espousing the many capabilities and applications we see for the WAIN Street Business Credit Health Index there is always a concern about coming off as too ambitious or “pie in the sky” which can hurt credibility, especially in an industry that is practical and risk conscious. However, we keep finding hints, nearly every day, …
We’d like to talk about loan securitization for a moment, but have a small caveat. Despite the 2008 meltdown, if you acknowledge it as a financial tool that can be used (or abused) in a variety of ways, we invite you to continue reading. If you have already doomed securitization as an unallowable practice, we …
The thing about “big data” is that it is, well, big. Lots of hype, innovation, start-up activity, punditry and opportunity. Sorry Gen-Y, you didn’t start it. WAIN Street is helping to build up small businesses with the help of “big data”.
Bloomberg ran a story last week about the price of credit default swaps for Bank of America recently soaring. Referenced in the article was the Markit CDX North America Investment Grade Index “which investors use to hedge against the losses on company debt or to speculate on creditworthiness.” Trying to get a good handle on overall credit …
