“In God we trust. All others must bring data.” – Dr. Edwards Deming, statistician, professor, author, lecturer, and consultant. The first post in this three part series described key ways in…
Technology Innovation
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“Data! Data! Data!” he cried impatiently. “I can’t make bricks without clay!” Sherlock Holmes – Conan Doyle’s “The Adventure of the Copper Beaches” The first post in this three part series described…
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AnalyticsBig DataData Science
Big Data & Advanced Analytics drive profits in Financial Services..(1/3)
“Silicon Valley is coming. There are hundreds of start-ups with a lot of brains and money working on various alternatives to traditional banking….the ones you read about most are in the…
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Big DataData LakeRoboAdvisorWealth Management
Big Data Drives Disruption In Wealth Management..(2/3)
The first post in this three part series brought to the fore critical strategic trends in the Wealth & Asset Management (WM) space – the most lucrative portion of Banking. This…
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The Wealth Management segment is a potential high growth business for any financial institution. It is the highest customer touch segment of banking and is fosteres on long term and extremely lucrative advisory relationships. It is also the segment…
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The decentralized, peer to peer,high secure and purely digital currency finally came of age in 2015. Bitcoin (BTC) & other variants (the AltCoins) got widespread & positive notice by all industry actors…
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This final post in this three part series on Payment Card Fraud covers the evolving business landscape in countering Payment Card Fraud and will make specific recommendations from a best practices,…
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According to the US treasury – “Money laundering is the process of making illegally-gained proceeds (i.e. “dirty money”) appear legal (i.e. “clean”). Typically, it involves three steps: placement, layering and…
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Big data technologies led by Apache Hadoop can help financial services firms comply with a myriad of regulations, including US Anti-Money Laundering (AML) laws and requirements. In 2015, it goes…
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(Image Credit – Larry Putterman) “What Mark Zuckerberg (Facebook’s CEO) worries about the most is the lack of change, the lack of innovation, becoming the innovator’s dilemma company that gets…