Presentation of big data key to inspiring research, academic argues

bundesbank
The Deutsche Bundesbank

Financial regulators gathering "big data" need to encourage collaboration among researchers, an academic told a seminar at an International Monetary Fund statistical forum in Frankfurt.

Regulators should model their practice on scientific projects such the Large Hadron Collider, said Julia Lane, a professor at New York University and a specialist in research using large-scale databases. Lane also suggested public sector ‘big data' collators learn from some of the practices of online retailers.

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