Breaking the Data Barrier: Turning Compliance and Complexity into Alpha

The text discusses how investment firms seek to enhance their data velocity and decision-making processes to gain a competitive edge, known as "alpha," in financial markets. It highlights the challenges of data provisioning delays, restricted data access, and compliance hurdles, which slow down decision-making. Starburst offers a solution by providing secure, federated data access that allows firms to perform governed analytics and AI without centralizing data. The document outlines a comprehensive approach for financial services to adopt AI and analytics, including aligning outcomes, mapping data, implementing data governance, federating data access, publishing data products, enabling AI/ML workflows, and ensuring compliance and audit. This method aims to eliminate decision latency, enhance performance, and scale AI adoption effectively. The text also emphasizes the importance of a structured 30-60-90 day plan to achieve measurable success in AI projects, encouraging firms to pilot high-value use cases and expand their applications to gain data-driven alpha.