CowboyRobot writes "State Street's Chief Scientist David Saul explains how Finance is taking a lesson from Health Care and Academia and is looking at using sematic databases for their data.
"Using a semantic database, each piece of data has a meaning associated with it, says Saul. For example, a typical data field might be a customer name. Semantic technology knows where that piece of information is in both the database and ununstructured data, he says. Semantic data would then allow for a financial institutions to create a report or dashboard that shows all of their interactions with that customer.""
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