BI Insights

Big Data For Commercial Banks

4 May, 2015

Big Data For Commercial Banks

Who would have realized that philosopher Immanuel Kant’s notion of global governance conceptualized in 1795 would bear an uncanny resemblance to the evolving modern day financial system? Kant had envisaged a peaceful federation of independent states, bound by consensus to a set of rules designed to prevent antagonism and conflict. In a similar vein, after the financial crisis, banks and financial institutions across the world have understood there is no short cut to glory. Instead a uniform transformative journey, from an account-centric to a customer-centric framework is a better path. Such a journey is only possible through analysis of what is commonly called Big data.

Read full story

Related Articles

10 February, 2014

Big Data: It’s Not Just For Breakfast Anymore

Publication: Wired

Shared:

14 February, 2014

Leveraging Data And Analytics To Circumvent Legacy Systems Challenges

Publication: BankTech

Shared:

17 April, 2014

How Big Data Is Saving Bankers' Bonuses

Publication: Information Age

Shared:

17 June, 2014

How Big Data Is Set To Boost The Effectiveness Of Analytics In Banking

Publication: Cloud Tech

Shared:

28 July, 2014

Six Reasons Why Cloud Computing Will Transform The Way Banks Serve Clients

Publication: Banking Technology

Shared:

The BI Guru
Presented by