Danish entrepreneur based in New York wants to make money on dark data in the financial sector

Danish Harald Collet has made a career at Bloomberg in New York. With the help from former Danske Bank bigwig and head of Nasdaq he now ventures into a start-up and founded a fintech which is to help financial companies structure and automate financial data. There's a huge automation potential across the "buy side" and on the "sell side" in fund management, he says.

Alkymi's office in New York. Harald Collet is to the left.

We only use 10 percent of our brain. Many people have heard that statement in movies or from a friend who is not too keen on checking facts.

Because it's just a myth. A tough one indeed. However, according to New York-based entrepreneur Harald Collet, it is no myth that a company uses only 20 percent of the data it has available. It may be because the data is hidden in scanned pdf-files or odd formats that are not accessible. It's referred to as "dark data", and it offers a business opportunity, according to Collet.

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