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Big Data And Analytic In Financial Services: Application And Trends

Authors: R K Jena*;

Big Data And Analytic In Financial Services: Application And Trends

Abstract

The financial services industry was recently identified as the industry most likely to be disrupted and transformed by millennia’s. The application of Big data analytics in financial services is advanced and pervasive. The changes in the banking and financial services industry in the coming years will be seismic. As an example, global banks are setting up innovation centers and specialized teams to focus on blockchain, heralded as a disruptive force that offers multiple opportunities such as overhauling existing banking infrastructure, speeding up settlements and streamlining stock exchanges. This article briefly reviews the successful evolution of big data analytics in the financial services.

Keywords

Big Data, Analytic, Financial Services, Trends and Applications.

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selected citations
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This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
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