Data and Risk & Compliance continue to be “pain in the neck” for the large financial corporations

BIG DATA AI HEXANIKA
Big Data in Financial Services
HEXANIKA DATA CHALLENGES
The goal is to turn #data into information, and information into money” But what challenges this ?

Data and Risk & Compliance continue to be “pain in the neck” for the large financial corporations! $400 million is not a small number. This is an industry problem and new, different and innovative approach is a must to solve the issue. These issues have been lingering for years for financial industry because “patch fixing approach”on legacy stack. It is now proven that this patch aka “band aid” approach will not work.

HEXANIKA’s #SimpleSmartEfficient and #EndToEnd solution we will automate, consolidate and standardize data management and compliance. The end result is more than 50% cost savings, 100% data lineage and better data quality.

https://markets.businessinsider.com/news/stocks/citigroup-slammed-400-mln-fine-longstanding-deficiencies-regulation-occ-fed-2020-10-1029660295

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

+ 76 = 78

Menu