In today’s technologically advancing world, traditional banking groups are being seriously challenged. As Google, Amazon, Facebook, Apple offer more and more banking services and financial technology startups gain traction, the banking industry must take a look at how it can stay competitive. To do this, banking needs to rely on data science.
In the video presentation below, courtesy of our friends over at GridGain, Eric Karpman shares how some of the world’s largest financial institutions use in-memory computing to address the challenges of high frequency trading.
Envestnet | Yodlee, a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services, announced the newest advancement to the Envestnet | Yodlee Financial Data Platform, Transaction Data Enrichment.
Intel Enterprise Edition for Lustre* Software has taken a leap toward greater enterprise capabilities and improved features for HPC with release of version 3.0. This latest version includes new security enhancements, dynamic LNET configuration support, ZFS snapshots, and other features asked for by the HPC community inside and outside the enterprise. Additionally, it adds the Intel Omni-Path Architecture drivers.
In this special guest feature, Rodger Howell, an Advisory principal for PwC’s Strategy&, provides a number of examples of the ways in which organizations that have implemented data analytics practices to increase revenue, boost operating excellence, improve compliance and streamline financial reporting.
Anodot, the real time analytics and automated business incident detection company announced that Credit Karma has selected Anodot as its platform of choice for detecting business incidents in real time.
Adaptive Insights, a leader in cloud corporate performance management (CPM), released its global CFO Indicator Q1 2016 report, revealing that while chief financial officers (CFOs) remain worried about growing economic volatility, the vast majority of the 377 CFOs surveyed remain confident in their forecasts, and believe that the combination of big data, analytics, and scenario planning will likely be the key to navigating their organizations through the current financial uncertainty.
In this special guest feature, Alexey Utkin, SVP of Financial Services Practice at DataArt, discusses ow buy side financial services firms are able to enhance capability for risk management using big data.
In this special guest feature, Rob Hull, Founder and Chairman of Adaptive Insights, highlights the future of big data from the perspective of CFOs.