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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

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

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

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

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

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

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

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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Watson Teams Up with Standard Bank in Africa

By   /  October 20, 2014  /  BI / Data Science News, Articles, & Education, Data Education  /  No Comments

Oluwabusayo Sotunde of Ventures Africa reports, “Africa’s most innovative bank, Standard Bank Plc has reached an agreement with leading IT services provider, IBM to implement the latter’s new Watson technology.”

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Banking, CDOs, and Country-Specific Data Governance

By   /  September 23, 2014  /  Data Daily | Data News, Data Education, Data Governance & Data Quality | News & Articles, Data Governance News, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

by Angela Guess Andrew Waxman of American Banker recently wrote, “These are heady times for chief data officers. People in these often newly-created positions have a mandate to introduce major changes in data management and are given healthy budgets to grow teams and equip them with requisite tools. Budgets and resources, however, go only so […]

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The Case for NoSQL in the Financial Sector

By   /  August 15, 2014  /  Data Daily | Data News, Data Education, Database News, Database News, Articles, & Education, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

by Angela Guess Adrian Carr, Vice President EMEA at MarkLogic recently wrote, “According to a Gartner report published in 2013, 64% of financial services firms have already either deployed or launched a big data initiative. Ovum also predicts a rapid increase in big data technology adoption with worldwide spending on management information systems in the […]

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