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Information Management: Making a case for Big Data in Financial Services

Big Data technologies and new analytic capabilities are the primary platforms for innovation across business lines in the financial services market today. Recently HP sponsored an IDC Financial Insights paper titled “The Case for Big Data in the Financial Services Industry” that explores the business impact and trends of big data and analytics within this specific vertical.

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Within this white paper, IDC analysts, Michael Versace and Karen Massey, report on the current financial sector environment and the stage most institutions are at in their big data journey.  They provide valuable insights into the types of big data-use cases IDC has seen from financial clients and offer guidance to help you define your big data requirements. The analysts also include an evaluation of HP’s Big Data offerings – reviewing both strengths and challenges they see.

 

If you are a financial institution, I encourage you to read IDC Financial Insights - “The Case for Big Data in the Financial Services Industry” to better understand how big data and analytics are being used to monetize information, deliver actionable intelligence, and improve decision making to enhance business performance and create competitive advantage within your industry.

 

Once you review the paper, let us know how you are tackling big data initiatives within your industry.

 

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If you want more industry-related information take a look at our HP Industry Edge e-zine – which focuses on Financial Services. This edition is filled with articles, videos and other assets featuring important financial industry topics, hot-button issues and information that can help you get the edge over your competition.

Comments
Nadhan | ‎10-26-2012 03:03 PM

Great insight, Jill on the impact that Big Data has on the Financial Industry.  Just by its very nature, Big Data is having a pervasive impact across multiple sectors -- energy included -- as I outline in this post on Information Management and Analytics in the Energy Industry.

 

Connect with Nadhan on: Twitter, Facebook, Linkedin and Journey Blog.

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