Articles

The Impact Of Big Data On Banking And Financial Systems

Today, most banking, financial services, and insurance (BFSI) organizations are working hard to adopt a fully data-driven approach to grow their businesses and enhance the services they provide to customers.

Like most other industries, analytics will be a critical game changer for those in the financial sector. Though many BFSI organizations are beginning to disrupt their analytics landscapes by gathering immense volumes of data assets, these companies are at varying levels of Big Data maturity. In many cases, these initial data projects lead business stakeholders to a very simple question: “How can this data help us solve our business problems?”

Source: dataconomy.com
Author: Andriy Feshchyn

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