Head of Nordics & BeNeLux market
Nicolas Falmagne, Head of Nordics & BeNeLux market for Refinitiv, says that data is the new gold, and it's the data miners who are driving performance in financial markets. Interview.
Can you present Refinitiv in a few words?
Refinitiv has a bold vision for the future of the financial community. As one of the world’s largest providers of financial markets data and infrastructure, Refinitiv serves over 40,000 institutions in over 190 countries. Cloud adoption and emerging technology, including AI, means that simple access to data is more important than ever before. Refinitiv provides leading data and insights, trading platforms, and open data and technology platforms that connect a thriving global financial markets community. This drives performance in trading, investment, wealth management, regulatory compliance, market data management, enterprise risk and fighting financial crime. But despite our global reach, our commitment is to stay very close to the local market in Luxembourg.
Is data the new gold?
The proliferation of data is increasing rapidly, but it is how it is structured, integrated and protected that is valuable. When 90 percent of time is spent collecting data- and only 10 percent of time adding value by analyzing it, smarter humans need smarter systems to manage “big data.” Like the pick and shovel providers of yore, Refinitiv’s insights, technologies and deep market knowledge help customers and partners make the best use of our world-class data. This helps our clients to drive performance and innovation, and move from big ideas to big results.
How are the current changes impacting your activity?
The fast-evolving and increasingly complex regulatory and compliance obligations to which financial markets are required to adhere, risk firms working at sub-optimal efficiency. The harvesting of data to help optimize processes is just the beginning: where most data-driven businesses see data as an end-point, we view it as just the start of what customers can accomplish - with endless possibilities. Refinitiv’s uniqueness stems from how we collect, connect, analyse, contextualize, interpret and even visualize data. When customers believe that data is just the beginning, we can help them stay ahead of the industry by enabling them to succeed through the adoption of our technology and processes better than they could by relying on their own resources.
Facts & Figures
Birth place : Bastogne ( Belgium )
Nationality : Belgian
Number of children: 3 boys
Languages: French – English – Dutch – German
Hobbies: Tennis – Mountain biking – Watching my kids playing football
Favourite Towns: Cape Town – London – Barcelona
Favourite Places : Corsica – Croatia - Reunion
Favourite Book : Who moved my cheeses?
Favourite Restaurants : Zuma (London)
Favourite Music : Electro
Favourite Artwork (or artist) : Paige Bradley