23 Feb 2018
This is discussion for role and future of DATA from financial statement.
You may imagine that analysts read financial statements prepared by company, evaluate company’s value and compare with peer companies….BUT, in reality, financial statements are used in various ways. There are many quant analysts and passive investors using information as “data”, which is standardized in a database (DB), and they have become the majority of market participants globally. In such case, real time data distribution has important role on the impact on the stock price. Also, use of Artificial Intelligence (AI) in analysis and investment has become more common today.
First, financial statements have to be converted into “Data” and then the data can travel through the market.
We discussed how financial data are used, but from a different angle, and consider the role of future financial statements and accounting standards.