Technology to store, manage, search and analyze Big Data leaps to the top of the agenda for Financial Institutions as enterprise NoSQL databases come of age.
Financial Institutions are focused on initiatives to survive in a world where regulatory pressure, risk mitigation and increasing volumes of data continue to pressure legacy infrastructures. Improved operational efficiency and revenue generation are at the forefront of the agenda.
Specific areas of concentration vary across regions of the world. Some common strategic initiatives in 2012 and 2013 include:
You can read the full article published in World Financial Review here:
http://www.scoop.it/t/big-data-technology-applications-and-analytics
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