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Bank of America panel discusses big data adoption and financial regulation trendsBank of America panel discusses big data adoption and financial regulation trends
Bank of America panel discusses big data adoption and financial regulation trends The document contains only survey results and a summary of a conference panel with senior lawyers and a bank executive discussing regulatory tone and big‑data adoption. It provides no concrete allegations, financial flows, or actionable leads involving high‑profile officials or misconduct. Key insights: Survey shows ~60% of financial institutions are fully committed to using big data for cost, revenue, and risk management.; After discussion, 55% say institutions are more committed to allocating resources to big data.; Panel included Rodgin Cohen (Sullivan & Cromwell), Richard Kim (Wachtell, Lipton, Rosen & Katz), and Ed Hill (Bank of America).
Summary
Bank of America panel discusses big data adoption and financial regulation trends The document contains only survey results and a summary of a conference panel with senior lawyers and a bank executive discussing regulatory tone and big‑data adoption. It provides no concrete allegations, financial flows, or actionable leads involving high‑profile officials or misconduct. Key insights: Survey shows ~60% of financial institutions are fully committed to using big data for cost, revenue, and risk management.; After discussion, 55% say institutions are more committed to allocating resources to big data.; Panel included Rodgin Cohen (Sullivan & Cromwell), Richard Kim (Wachtell, Lipton, Rosen & Katz), and Ed Hill (Bank of America).
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