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Logical Glue Develops Machine Learning White Box Insights for Financial Services and Insurance Markets

Logical Glue, the cloud-based software company that helps the financial services and insurance industry reduce risk and increase profits with insightful and faster data-driven decisions, has closed a major private investment from UK entrepreneur Tom Singh. The investment will allow Logical Glue to expand its cloud-based machine learning and statistical modelling platform, further developing its patented “white box” decision-making engine and data visualization tools.

What’s In It for Me? What Banks Gain By Enabling Customers To Get Value From Their Data

In this special guest feature, Jeff Brown, Vice President in the banking and financial services practice at Genpact, discusses that in order to compete in a digital-first world, financial institutions must use the data they have to create better customer experiences. Any customer will tell you the bank’s effort here is lacking, but the conversation now happening is how banks can enable customers to monetize their own data for the customer’s benefit, without stepping on privacy laws.

TickSmith Releases a Python Tool for the New Generation of Financial Data Scientists

TickSmith, a leader in Big Data applications, released an open-source Python API feature to obtain data from its flagship TickVault big data platform.  Based on Hadoop technology, TickVault processes, stores, and analyzes massive amounts of capital market data. The addition of the Python API  toolkit to TickVault provides data scientists fine-grained access to historical exchange […]

How Data Science Can Save the Traditional Banking Industry

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.

Driving High Frequency Trading and Compliance with In Memory Computing

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 Augments Financial Transaction Data Through a Streamlined DaaS Model

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.

Adding Security and More to Intel® Enterprise Edition for Lustre* Software version 3.0

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.

Leveraging Big Data to Influence Corporate Strategy

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.

Credit Karma Selects Anodot for its Business Incident Detection Solution

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.

The Agile CFO: Navigating Economic Uncertainty with Data Insights

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.