Fixed Income Forum
Using technology to parse through disparate datasets
“There’s more data in our marketplace than ever before, so to process the data without technology, you need more people,” said Gregg Bienstock, senior vice president and group head of municipal markets at SOLVE, at The Bond Buyer conference in California.
In this environment where headcount is shrinking or stagnant at some firms, there continues to be more data and more demand from clients. However, firms have the same or limited resources, he said.
“We take all that data, we create information for you so that your human resources … can get the most out of them for the most productive items,” Bienstock said.
“Technology is taking, in essence, what is arguably a menial task, and automating it so that the humans, all of us, can do the more important jobs,” he said.
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