QuantGroup pockets $73m for big data FinTech
Chinese big data FinTech company QuantGroup has raised $73m in a Series C round of funding led by Sunshine Insurance Group. Read more: www.fintechroundup.com
Europe’s financial institutions select Trifacta to wrangle data
Trifacta, the global leader in data wrangling, says strong growth in Europe has given it a substantial foothold in Europe’s financial services industry. Read more: www.finextra.com
CEZ Group selects DataGenic to provide trading solution
CEZ Group selected DataGenic to replace a combination of in-house and third party applications with their award winning commodity data management solutions. Read more: www.prnewswire.com
SinoBBD reshapes the Big Data industry
Internet Infrastructure Provider Beijing Big Data Group held a press conference to announce their strategy to build an "integrated" national data center cluster. Read more: www.prnewswire.com
Fund data platform fundinfo lands HgCapital investment
Fund data and documents platform fundinfo has closed an investment from HgCapital’s Mercury Fund. The financial terms of the deal are undisclosed. Read more: www.fintechroundup.com
Peernove takes $4m for blockchain-based enterprise data
Blockchain-based enterprise big data startup Peernova has raised $4m of its ongoing Series B round. The investment comes from Zhejiang Zhongnan Holdings Group. Read more: www.fintechroundup.com
EU financial regulators say more rules are needed for Big Data
Additional rules may be needed to monitor growth in Big Data which could pose security, privacy and accountability risks. Read more: www.reuters.com
IBM and Nvidia team up to create deep learning hardware
The hardware-software solution provides more than two times the performance over comparable servers with four graphics processing units. Read more: www.venturebeat.com
Four ways big data gives firms a competitive edge
Here are some innovative ways that companies are leveraging big data to gain a competitive edge. Read more: www.techinasia.com
Why exactly does big data matter?
Big data’s ability to help us analyze messy data could help us insure harder-to-insure things. Read more: www.insurtechnews.com