Inside Reference Data & WorkFusion on Crowd Computing: Transforming the Financial Industry

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Crowd computing is a method of work that uses machine learning to combine automation tools and crowdsourcing to perform knowledge work. WatersTechnology's Inside Reference Data and WorkFusion (formerly CrowdComputing Systems) collaborated to provide a webcast for 300+ data professionals within financial services to explain and explore crowd computing and survey the audience about how they see this new capability transforming the financial and marketing data industry.

Business Technology

Webcast Poll Results
MACHINE LEARNING
+ CROWDSOURCING =
CROWD COMPUTING

A
snapshot
of
the
results
of
the
webcast
poll:

THE
AVERAGE
FINANCIAL
DATA

PROFESSIONAL
BELIEVES
THAT…

crowd
compu5ng
is
ideal
for

crea8ng
greater
eﬃciency,

building
market
data,

and

solving
the
looming
LEI
problem.

Based
on
100+
responses
during
the

March
27,
1014
webcast

What
is
the
greatest
poten5al
beneﬁt
of

crowd
compu5ng
for
data
vendors?

ANSWER
CHOICES:

-‐
CREATE
NEW
PRODUCTS

-‐
GREATER
EFFICIENCY

-‐
REDUCED
COSTS

-‐
BETTER
DATA
QUALITY

Which
regulatory
ini5a5ve
do
you
think
crowd

compu5ng
is
best
posi5oned
to
facilitate?

ANSWER
CHOICES:

-‐  FACTA

-‐  LEI

-‐  SOLVENCY
II

-‐  EMIR

Which
type
of
data
vendor
product
do
you
think

could
beneﬁt
the
most
from
crowd
compu5ng?

ANSWER
CHOICES:

-‐  SECURITY
MASTER
DATA

-‐  LEGAL
ENTITY
DATA

-‐  EVALUATED
PRICING

-‐  MARKET
DATA

WorkFusion
contact
info:

www.workfusion.com

www.crowdcompu8ngblog.com

#crowdcompu8ng1

Adam
Devine

VP
|
Product
Marke8ng

adam@workfusion.com

(848)
480-‐0548

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Inside Reference Data & WorkFusion on Crowd Computing: Transforming the Financial Industry

1. Webcast Poll Results MACHINE LEARNING + CROWDSOURCING = CROWD COMPUTING

2. A snapshot of the results of the webcast poll: THE AVERAGE FINANCIAL DATA PROFESSIONAL BELIEVES THAT… crowd compu5ng is ideal for crea8ng greater eﬃciency, building market data, and solving the looming LEI problem. Based on 100+ responses during the March 27, 1014 webcast

3. What is the greatest poten5al beneﬁt of crowd compu5ng for data vendors? ANSWER CHOICES: -‐ CREATE NEW PRODUCTS -‐ GREATER EFFICIENCY -‐ REDUCED COSTS -‐ BETTER DATA QUALITY

4. Which regulatory ini5a5ve do you think crowd compu5ng is best posi5oned to facilitate? ANSWER CHOICES: -‐  FACTA -‐  LEI -‐  SOLVENCY II -‐  EMIR

5. Which type of data vendor product do you think could beneﬁt the most from crowd compu5ng? ANSWER CHOICES: -‐  SECURITY MASTER DATA -‐  LEGAL ENTITY DATA -‐  EVALUATED PRICING -‐  MARKET DATA

6. WorkFusion contact info: www.workfusion.com www.crowdcompu8ngblog.com #crowdcompu8ng1 Adam Devine VP | Product Marke8ng adam@workfusion.com (848) 480-‐0548

Inside Reference Data & WorkFusion on Crowd Computing: Transforming the Financial Industry

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Inside Reference Data & WorkFusion on Crowd Computing: Transforming the Financial Industry