Tag Archives: Big Data at Banks

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‘I’ For Innovation: How Technology Is Evolving Regulatory Compliance

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The ever-growing relationship between technology and financial services has brought significant changes to the financial industry. Shifting market conditions, customer needs, entry of new players, ever changing innovative technologies and changing regulations is impacting the whole industry. Find out how FinTechs play a pivotal role in the regulatory compliance by leveraging innovative technologies. FinTech is…

Hadoop in Banking: The Game Changer

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What is Hadoop? Apache Hadoop is an open source software framework written in Java for distributed storage and processing of very large datasets on multiple clusters. Developed by Doug Cutting and Mike Cafarella in 2005, the core of Apache Hadoop consists of ‘Hadoop Distributed File system for storage and MapReduce for processing data. The basic…

Discover Opportunities of Big Data Analytics

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Big Data Analytics is the hammer which chisels the marble chunks of big data revealing risk patterns, fraud alerts, operational trends, customer preferences and other nuggets of information. This in turn leads to more timely identification of risks, efficient marketing, increased profits and improved customer service. What is the Goal of Big Data Analytics?   Big Data’s…