The world is inundated with data. There’s a virtual tsunami of data moving around the globe, renewing itself daily. Take just the global financial markets. They generate vast amounts of data — share prices, commodity prices, indices, and option and futures prices, to name just a few.
But data is of no use if there aren’t people able to collect, collate, analyse and apply it to the benefit of society. All that data generated by global financial markets gets used for asset and wealth management — and it must be properly analysed and understood to inform good decision making. That’s where data science comes in.