Big Data in banking: Mining opportunities from challenges

Among banking leaders, there is a near unanimous acknowledgement of the transformative role that data will play in the success of digital banking by way of delivering competitive advantage and determining future winners.

More importantly, a bank’s data and analytical capabilities will be central to staving off multiple challenges – such as data silos and lack of integration, both of which limit insight – facing traditional banking structures and models.

Author: Venkatesh Vaidyanathan

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