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In my experience data quality in finance is much worse than FAANG. It's common to have just the raw data feed from markets/trades/network dumped into a OLAP DB
by ceeplusplus 5y ago
In my experience data quality in finance is much worse than FAANG. It's common to have just the raw data feed from markets/trades/network dumped into a OLAP DB and whoever is using it has to sort through it whereas FAANG have data engineers to clean stuff up.
- cgio 5y agoI am in Finance and while I don’t question that may be the case for some, the reality is that with regulatory requirements getting more sophisticated, anyone who does not focus on DQ end to end is making a very costly decision. When the quality of data pipelines ends up impacting the capital requirements, the cost of bad data quality is hitting the PL straight away.