Presentation of big data key to inspiring research, academic argues

Data hubs should encourage research communities, academic says

bundesbank
The Deutsche Bundesbank

Financial regulators gathering "big data" need to encourage collaboration among researchers, an academic told a seminar at an International Monetary Fund statistical forum in Frankfurt.

Regulators should model their practice on scientific projects such the Large Hadron Collider, said Julia Lane, a professor at New York University and a specialist in research using large-scale databases. Lane also suggested public sector ‘big data' collators learn from some of the practices of online retailers.

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