Tag Archives: Data Analytics

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Scope of Data Integration

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Data[1] integration involves combining data residing in different sources and providing users with a unified view of data. This process becomes significant in a variety of situations, which include both commercial (when two similar companies need to merge their databases) and scientific (combining research results from different bioinformatics repositories) domains. Data integration has increased  as the volume and the need to…

Big Data Analytics: Modern day Use Cases

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The primary goal of Big Data Analytics is to help companies make more informed business decisions by enabling data scientists, predictive modelers and other analytics professionals to analyze large volumes of transaction data, as well as other forms of data that may be untapped by conventional business intelligence (BI) programs. History and evolution of Big Data Analytics [1]…

Overview Of SAR (Suspicious Activity Reporting)

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Suspicious Activity Reporting (SAR) forms the cornerstone of the Bank Secrecy Act (BSA) and provides critical financial information to combat terrorist financing, money laundering, and other financial crimes. To comply with this requirement, it is essential for financial institutions to have in place sophisticated monitoring and reporting processes capable of identifying and monitoring transactions and…

History of Big Data

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What is Big Data? In essence, Big Data is a term for data sets that are so large or complex that traditional data processing applications are inadequate. It usually includes data sets with sizes beyond the ability of commonly used software tools to capture, curate, manage and process data within a tolerable elapsed time[1]. The…

The Cloud for Productivity

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In today’s world remote working is extremely essential because of the level of convenience it can get for any kind of business. Talking about convenience, businesses want security, online storage and access, in-house bookkeeping and a lot more attributes that Cloud Computing has to offer.   What is Cloud Computing? Cloud Computing is a model…

6 Misconceptions of Big Data

Amidst the social, economic and technological revolution swirling around us, how we understand information has assumed even greater importance. Data is deeply embedded in every aspect of our lives from business to leisure and this data can in turn be used to sort out issues and ensure greater prosperity. Big Data provides insights and the…