Why Financial Regulations Drive Big Data


Why Financial Regulations Drive Big Data

Between asset bubbles and other threats, new regulations force financial institutions to do everything from vetting counterparties against “black lists” of banned entities to real-time global fraud detection. Paper-based processing, siloed product and customer information, manual workflows, and hard-coded business rules can’t keep up.

Achieving and proving compliance in this real-time global environment requires real-time processing, Big Data architectures and data models, adaptable business rules engines, and sophisticated analytics.


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