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Why CFOs Need to Be Data-Driven

By   /  December 21, 2015  /  Data Daily | Data News, Data Education, Data Strategy News, Data Strategy News, Articles, & Education, Education Resources For Use & Management of Data, Enterprise Information Management, Information Management News  /  No Comments

gates

by Angela Guess Jeff Thomson recently wrote in Forbes, “IBM estimates the world generates 2.5 quintillion bytes of data every day, and, amazingly, 90 percent of the world’s data was created in the last two years alone. How can CFOs be expected to make sense of this onslaught of information? In its recent CFO Indicator […]

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Semantic Technology: A New Approach to Financial Data

By   /  December 9, 2015  /  Data Daily | Data News, Data Education, Education Resources For Use & Management of Data, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

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by Angela Guess Renee Caruthers recently wrote in Fierce Finance IT, “The finance industry has more than its share of data-intensive processes. But at least one technology firm is making the case that the answer to these challenges is not the traditional approach of ramping up data processing power – it’s smarter data processing. With […]

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Survey Reveals Urgency of Data Governance Projects Among Financial Services Firms

By   /  September 23, 2015  /  Data Daily | Data News, Data Education, Data Governance & Data Quality | News & Articles, Data Governance News  /  2 Comments

financial data governance x300

by Angela Guess A recent article out of the company reports, “Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, together with Waters Technology, has released a white paper offering new research on where the market currently stands in relation to the implementation of formal data governance policies. The […]

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Innovate or Die: Cognitive Computing and the Financial Industry

By   /  July 7, 2015  /  Data Daily | Data News, Data Education, Smart Data News, Smart Data News, Articles, & Education  /  1 Comment

finan

by Angela Guess Bryan Yurcan recently wrote for the Financial Brand, “In a world where empowered, always-connected consumers expect to interact with companies in real-time – and no longer rely solely on traditional channels – banks cannot be focused on today and must think about serving the customer of the future, lest they risk irrelevance. […]

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EDM Council Partners with Cambridge Semantics to Operationalize FIBO

By   /  June 25, 2015  /  Data Daily | Data News, Data Education, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

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by Angela Guess According to a new article out of the company, “Cambridge Semantics, the leading provider of smart data solutions driven by Semantic Web technology, today announced that the Enterprise Data Management Council (EDM Council) has partnered with the company to support deployment of the Financial Industry Business Ontology (FIBO) initiative. Founded by the […]

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Taking Big Data to the Bank

By   /  April 15, 2015  /  Big Data News, Big Data News, Articles, & Education, Data Daily | Data News, Data Education  /  No Comments

bank

by Angela Guess Russ Banham of CenturyLink recently wrote in Forbes, “A customer walks into the bank to make a deposit, greets the teller and, out of the blue, she’s asked if she would like a second mortgage. Is this any way to serve a valued customer? Not if she isn’t in the market for […]

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Financial Institutions Need to Go On the Offensive with Big Data

By   /  February 16, 2015  /  Big Data News, Big Data News, Articles, & Education, Data Daily | Data News, Data Education  /  No Comments

Paper money

by Angela Guess Pedro Hernandez of eWeek recently wrote, “Banks and financial services firms will be spending more in IT this year, according to Marcelo Marquez de la Garza, director of Worldwide Financial Services at Microsoft. Some investments will deliver a bigger bang for the buck, however. Big data will loom large over IT spending […]

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TARGIT Decision Suite Now Offers Direct Connection to Unlimited Financial Data

By   /  February 6, 2015  /  Data Daily | Data News, Data Education, Enterprise Information Management, Information Management News  /  No Comments

tar

by Angela Guess A new article out of the company reports, “TARGIT today announced its flagship business intelligence and analytics platform, the TARGIT Decision Suite, now includes Quandl as a part of its growing portfolio of native connections to external data sources. With instant access to Quandl data, TARGIT users can now mashup a wide […]

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Using Big Data to Fix the Payday Loans Industry

By   /  January 23, 2015  /  Big Data News, Big Data News, Articles, & Education, Data Daily | Data News, Data Education  /  1 Comment

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by Angela Guess Steve Lohr of the New York Times recently wrote, “At any given time, there are an estimated 22 million payday loans outstanding, and the fees paid by payday borrowers amount to about $8 billion a year — a lot of money for those in the working population least able to afford it. […]

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Catching Money Launderers with Big Data

By   /  January 20, 2015  /  Big Data News, Big Data News, Articles, & Education, Data Daily | Data News, Data Education  /  No Comments

Laundering Dollar Bills

by Angela Guess Thor Olavsrud of CIO.com reports, “For the past decade, governments around the world have established international anti-money laundering (AML) and counter-terrorist financing efforts in an effort to shut down the cross-border flow of funds to criminal and terrorist organizations. Their success has encouraged criminals to move their cash smuggling away from the […]

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