Banking

Big data is characterized by the tremendous volumes, varieties and velocities of data, that are generated by a wide array of sources, customers, partners and regulators. Veracity is an additional dimension of big data to consider: Establishing and maintaining trust in data presents a challenge as its sources and varieties grow. Banks that can harness big data, in the form of transactions, real-time market feeds, customer-service records, correspondence and social media posts, can derive more insight about their business than ever before and build competitive advantage.

Successfully harnessing big data can help banks achieve three critical objectives for banking transformation: Create a customer-focused enterprise; Optimize enterprise risk management; and Increase flexibility and streamline operations......to find out more about how to utilize the available data more efficiently to gain a competitive edge, you may contact us by email at info@eCfatum.com or yobyob@gmail.com or Tel07508 188212.