“Most people are starting to realize that there are only two different types of companies in the world: those that have been breached and know it and those that have…
Big Data
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AMLAnalyticsBig DataData Science
Big Data & Advanced Analytics drive profits in Financial Services..(1/3)
by vamsi_cz5cgoby vamsi_cz5cgo“Silicon Valley is coming. There are hundreds of start-ups with a lot of brains and money working on various alternatives to traditional banking….the ones you read about most are in the…
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Big DataData LakeRoboAdvisor
Big Data Drives Disruption In Wealth Management..(2/3)
by vamsi_cz5cgoby vamsi_cz5cgoThe first post in this three part series brought to the fore critical strategic trends in the Wealth & Asset Management (WM) space – the most lucrative portion of Banking. This…
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AMLBig DataCloud
How Big Data Approaches Ease the Data Lifecycle in Finance (1/3)..
by vamsi_cz5cgoby vamsi_cz5cgoA Brief (and highly simplified) History of Banking Data – Financial Services organizations are unique in their possessing the most diverse set of data for any industry vertical. Corporate IT organizations…
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This article is the first installment in a three part series that covers one of the most critical issues facing the financial industry – Payment Card Fraud. Payment Cards include Credit, ATM & Debit…
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AMLBig Data
Big Data – Banking’s New Weapon In War Against Financial Crime..(2/2)
by vamsi_cz5cgoby vamsi_cz5cgoAccording to the US treasury – “Money laundering is the process of making illegally-gained proceeds (i.e. “dirty money”) appear legal (i.e. “clean”). Typically, it involves three steps: placement, layering and…
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AMLBig Data
Big Data – Banking’s New Weapon In War Against Financial Crime..(1/2)
by vamsi_cz5cgoby vamsi_cz5cgoBig data technologies led by Apache Hadoop can help financial services firms comply with a myriad of regulations, including US Anti-Money Laundering (AML) laws and requirements. In 2015, it goes…
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Everyday one hears more about how Big Data ecosystem technologies are helping create incremental innovation & disruption in any given industry vertical – be it in exciting new cross industry areas like Internet…
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(Image Courtesy – www.theastuteadvisor.com) “Perhaps more than anything else, failure to recognize the precariousness and fickleness of confidence-especially in cases in which large short-term debts need to be rolled over continuously-is the key…
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AMLBig Data
How a Bank Chief Data Officer (CDO) describes Big Data to his Board Members & Lines of Business..
by vamsi_cz5cgoby vamsi_cz5cgo(Image Credit – SAS) “Without big data analytics, companies are blind and deaf, wandering out onto the web like deer on a freeway.” – Geoffrey Moore Much has already been…