Chief Data Scientist, Nick Radcliffe, of Smart Data Foundry (formerly GOFCoE ) recently talked about the exciting emerging world of synthetic data at the FinTech Scotland Festival. This Festival was held in Scotland late 2021.
Here we discuss the pros and cons of synthetic data and the steps that need to be taken so that it can be made comparable with real-world data.
See the slides from Nick’s presentation here.
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Introducing Smart Data Foundry
As we come into 2022, we wanted to reflect our original purpose but on a broader platform and so we are launching under the name of Smart Data Foundry. An organisation designed to unlock financial data for good – not only to do good but also to create social impact that lasts for good.
Generating Synthetic Data
Smart Data Foundry (Formerly GOFCoE) Data Science team continues to explore and learn techniques for generating synthetic data. They took part in a week-long synthetic data challenge, organised by the High-Level Group for Modernisation of Official Statistics (HLG-MOS) to continue this journey.
Dame Julia Unwin Appointed as New Chair for Smart Data Foundry (Formerly GOFCoE)
Dame Julia Unwin joined Global Open Finance Centre of Excellence (Rebranded as Smart Data Foundry in February 2022) as their inaugural Chair on 13 September 2021. This marks an important step in the journey for Smart Data Foundry as they head towards incorporating as a stand-alone not-for-profit organisation later this year.