Big data as the key to better risk management

The business of banking depends on evaluating risks and then acting on those insights. In theory, more information should yield better risk assessments, which is why big data and its associated tools couldn’t have arrived at a better time. The ability to harness larger and more diverse data pools in support of business decision-makers holds the promise of both reducing losses by managing risks and increasing revenue by highlighting business opportunities. Successfully managing risks today requires that bankers identify, access and analyse trusted data and share their results across the bank.

Spotlight

Rawmind

Rawmind is software development, business intelligence Solutions and consulting company, supporting firms with Data Insight and Analytics, Predictive Intelligence, Technology Integration and Consulting. Our mission, “Simplifying business decisions intelligently”, is about harnessing the real potential of data and transforming into deeper business insight. Rawmind is a firm that builds advanced solutions for the financial services, healthcare,hospitality and media & entertainment industries. Combining domain knowledge with offshore cost advantages and resource flexibility, Rawmind develops industry-defining applications, helping clients optimize time-to-market and minimize software development risks in mission-critical systems. We have a wide range of services to deliver. Our services range from customer centric software applications, Database Management System, Business Intelligence reporting and analysis, Dashboards and Performance Management and balanced scorecard. We also cater solu

OTHER WHITEPAPERS
news image

The Value of Oracle Enterprise Manager for Managing Oracle Databases

whitePaper | February 7, 2020

Multiple studies have proven that, while the business demand for databases grows, operational teams are constrained by traditional, reactive processes. Combined with budgetary pressures, this causes them to fall short in meeting the demand in a timely fashion. In addition, as companies adopt cloud paradigms, operational teams must manage across on-premises and cloud environments with the same resources. To be effective, companies need to shift from a reactive posture to one of standardization and proactive analysis and planning by leveraging intuitive tooling to automate manually intensive and non-value adding activities and to deliver real-time insights.

Read More
news image

Do No Harm Guide Centering Accessibility in Data Visualization

whitePaper | December 29, 2022

Every day we are inundated with tables, graphs, charts, and maps explaining everything, including the unemployment rate, COVID-19 vaccination rates, baseball home run launch velocities, and our investment portfolios. When made well, data visualizations can help readers and users find insights and make discoveries. When made poorly, they obfuscate, mislead, or make it difficult for people to use them effectively.

Read More
news image

Analytical Data Infrastructure MarketStudy (Excerpt)

whitePaper | June 23, 2021

Analytical data infrastructure (ADI) platforms underpin key analytics models via processes like data integration, preparation, management, and storage. But with complex cloud architectures, as-a-service offerings, and innovative new analytics and process developments, how can the discerning expert choose the right ADI offerings for their business?

Read More
news image

4 Powerful Reasons Why Your Organization Benefits With Data Sharing

whitePaper | October 18, 2022

We talk about striving to be data driven. But in doing so, we’ve skipped an important step. Today, we must first aspire to be data-sharing organizations. That means becoming businesses where data is easily and proactively shared with every relevant person. Otherwise, there will be no driving possible. We’ll be left in the dust, lacking the gas — the data — to fuel us ahead in the digital economy. Gartner® said, “According to the Sixth Annual Gartner Chief Data Officer Survey,1 respondents who successfully increased data sharing led D&A teams that were 1.7 times more effective at showing demonstrable, verifiable value to D&A stakeholders.”

Read More
news image

Data Management with Cloudera Data Platform on Dell Infrastructure

whitePaper | December 14, 2022

This white paper provides overview information for the Dell Technologies Validated Design for Data Management with Cloudera Data Platform (CDP) Private Cloud Base, for deployment on Dell PowerEdge servers, PowerSwitch networking, and PowerScale storage.

Read More
news image

2022 Data Industry White Paper

whitePaper | December 27, 2022

The 2022 data industry white paper consists of five parts. Part 1 discusses data sharing between individuals, across countries and within companies, under this year's theme of 'Data Sharing.' Part 2 summarizes the major policies, legislation, and systems related to the data industry in Korea and abroad. Part 3 deals with the current status of Korean and global data industry markets. In Part 4, the status of each industry based on business data is examined. Part 5 reviews technologies related to data sharing and utilization. Overall, this white paper uses infographics to summarize the flow of related policies, legislations, and institutions that have been promoted over five years, and highlights the main data issues experienced in Korea this year based on data analysis.

Read More

Spotlight

Rawmind

Rawmind is software development, business intelligence Solutions and consulting company, supporting firms with Data Insight and Analytics, Predictive Intelligence, Technology Integration and Consulting. Our mission, “Simplifying business decisions intelligently”, is about harnessing the real potential of data and transforming into deeper business insight. Rawmind is a firm that builds advanced solutions for the financial services, healthcare,hospitality and media & entertainment industries. Combining domain knowledge with offshore cost advantages and resource flexibility, Rawmind develops industry-defining applications, helping clients optimize time-to-market and minimize software development risks in mission-critical systems. We have a wide range of services to deliver. Our services range from customer centric software applications, Database Management System, Business Intelligence reporting and analysis, Dashboards and Performance Management and balanced scorecard. We also cater solu

Events