“Data is the new oil. Data is the new black.” What do you think about?

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Hello and good afternoon by Giulio Centemero on giuliocentemero.com.
Since last Sunday two big deals saw the light in Italy: the merger Nexi Sia and the final steps for the acquisition of Borsa Italiana by a consortium including Euronext, CDP and Intesa. The merger between Sia and Nexi is important because it creates a Paytech subject able to compete in the international markets and hopefully it will lead the European confirming our relevance in the Fintech sector.
The deal on Borsa Italiana was announced and he saw the light: now I hope there will be investments to push the Italian Stock Exchange to grow, that Piazza Affari will be granted with a high degree of autonomy and attract new investors in order to provide our ecosystem with fresh liquidity.
The fact that LSEG sold Borsa in order to buy Refinitiv raises one fact, also raised by Mr. Sarkissian, president of the Republic of Armenia that at the Milano finanza digital week he told “Data is the new oil”. Data is the new black 😉

 

 

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