BANKING banking on BIGDATA

Banking is transforming rapidly whether it is customer-facing in branches, or about personalizing experiences based on individual preferences, or to manage Market/Credit Risks to prevent fraud, setting up control mechanisms to mitigate Operational Risks, or even addressing regulatory compliances. And to gracefully deal with all this, an enormous amount of data is required to be stored, curated, transformed, and analyzed. In order to have a competitive edge, it is imperative for banks to keep adopting BigData technological advancement

Michele Tucci MD Americas, Chief Strategy Officer at Credolab

Banks must connect with Gen Z — before it's too late

Gen Z distrusts banks. Many in the under-26 age bracket blame banks for the current economic woes of the world. In their eyes, "too big to fail" means the fat cats always win, at the expense of the young and excluded. Many don’t see why banks even need to exist. In their eyes, decentralized finance based on blockchain-enabled P2P platfo...

14 September 2023 /retail /inclusion

Chandan Goel Manager-Data Engineering at PublicisSapient

Parallelising with TERADATA - The right way

Background and Motive Data predominantly is core to any and every organisation and so does Data Engineering. Especially in financial/banking industry where data’s availability and its fast processing in timely manner is even more important, from different perspective like customer retention, decision-making and regulatory requirements too. An ask ...

19 November 2020 /retail /sustainable