Why is Big-Data important in finance?

Submit a detailed analysis of how big data and analytics, including artificial intelligence technologies, are influencing and impacting financial analysis, valuation, stock trading and other finance related areas. **** DO NOT submit general comments on big data such as volume, velocity, veracity, etc**** Be focused on finance. Do in depth research – provide industry and academic research references. Provide specific and detailed examples (1) Why is Big-Data important in finance? (2) Discuss potential benefits of harnessing ‘Big-Data’ (3) What problems does it help solve? (4) Describe techniques such as Machine learning /deep learning in finance. Provide examples of 3 companies or projects using big-data analytics for finance /related issues – describe the 3 cases and conclusions. Personalized summary & conclusion. What does all this mean for you in your domain of interest? What challenges have been addressed with big data in finance? Do you have any ideas for using big data in finance to address problems which have not yet been effectively resolved?