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Financial Services will Invest $9 Billion in Big Data This Year

Bank Innovation

Data is created at every financial transaction, and as datasets expand beyond what a single database can hold, big data is born. As complex as these datasets can be, they hold valuable information for financial institutions and are spurring financial services investments.

Big Data 265
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Big Data and Analytics: Keys to Bank Innovation in Distribution and Marketing

Accenture

Banks are relying more and more upon Big Data and analytics to transform their distribution and marketing strategies. In our research into how high-performing companies (those that deliver above-average business performance on a consistent basis) approach analytics, we found that. Read more.

Big Data 150
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Using a big data approach to overcoming banking regulatory requirements

Insights on Business

IBM RegTech Innovations. Interest rate risk in the banking book (IRRBB) guidelines bring ALM analytics much closer to market risk standards and add more scenarios, so banks must dive deeper into the risks embedded in their loans, deposits, and derivatives. Integrating big data technology with risk management for a complete solution.

Big Data 151
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How Nearshore Software Development is Helping Healthcare Companies Innovate

Perficient

While the healthcare industry has long embraced technology, the demand to innovate and adapt quickly has grown exponentially in 2020 and into 2021. This has created an even greater demand for healthcare companies to incorporate more innovative technologies and build custom products to stay competitive within the market.

Software 294
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Big Lenders Need Help With Big Data, Too

PYMNTS

Traditional banks now realize the value in working with FinTech startups, augmenting their own service offerings by integrating the innovations of others. Data is vital to remaining competitive , he said. ” Plus, Horrocks added, banks have something alternative lenders don’t always offer: reliability. ” .”

Big Data 195
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Giving Big Data Decision-Making A Real-Time Touch

PYMNTS

Big data, big data, big data. We all know the term, understand its significance and have seen plenty of examples across the industry of how businesses are utilizing massive amounts of data (and the applied analytics needed to make sense of it all) as a competitive edge in the market.

Big Data 110
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HCL + Google Cloud: Partnership Impact on Platforms and Customers

Perficient

Some doubted that HCL could turn an aged platform that had lost momentum in the hands of IBM into a compelling offering that resonated once more with the market. Why is this big news for Google? Google has not gained the market share that was anticipated with Google Cloud. Does Google own the data in these deployments?

Google 540