Big Data Influences More Long-Term Storage
More firms are keeping data they could legally toss. Is this "keep everything" approach sustainable?
There is a six-year retention requirement of client account data, he explains. Account records, trades, holdings, profile information, goals and objectives and so on fall into this category. There are three reasons these records, which have historically been discarded with regularity, are now starting to stick around. ... Read full story on Wall Street & Technology
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