Whitepaper

Three factors entrenching Big Data in financial services

Three factors entrenching Big Data in financial services

The definition of Big Data is rapidly changing within the financial services industry—pivoting from a measure of volume, variety, and velocity to an evaluation of systems-enabled strategy. - The most important issues relate to the potential of analysing full data sets spanning multiple silos - Successful data-driven firms use modern infrastructure to go beyond future-proofing the data centre against larger operational efficiency demands - Technology and competition are forcing wholesale banks to prioritize core competencies and market fit

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