The Road to Big Data
As big data becomes inescapable in today's financial services industry, institutions can prepare by surveying the analytics landscape, targeting a specific problem to solve, studying relevant cases and expanding capabilities with the right technology solution for their environment.
December 11, 2012
Organizations today are inundated with data from transactions, sensors, and a mix of day-to-day communications as companies track what we do, what we say, and how we feel. The financial services industry is far from immune to the big data megatrend, and some may even contend that it is helping to lead the charge. There is no question that big data stands to forever change how financial services institutions (FSIs) do business – presenting new business opportunities, unexpected challenges and even competitive threats. Big data is inescapable in today’s financial services industry – from new types and levels of customer information flowing into the organization to record volumes of transactional data. Read full story on Insurance & Technology
Post a comment to the original version of this story on Insurance & Technology