Sectors » Financial Services


Data Science Platforms Seen as Difference-Makers

Jan 23, 2017 |

How will data scientists work in the future? Based on today’s trends and a new survey by Forrester, it seems likely that much of the work that data scientists do will revolve around centralized platforms that help to organize not just the data and the tools, but data scientists themselves. Read more…

How These Banking, Energy, and Pharma Firms Use Spark

Jan 20, 2017 |

Few frameworks have gained so much popularity as quickly as Apache Spark.  The open source technology may not be ubiquitous yet in the analytics world, but it’s fast approaching that point. Read more…

Leveraging Data Science for Deeper Marketing Decision-Making

Jan 19, 2017 |

It’s no surprise that Gartner has reinforced its prediction that CMOs will outspend CIOs on IT in 2017, as marketing technology plays a critical role in top line enterprise revenue growth. Read more…

Big Data Fabrics Emerge to Ease Hadoop Pain

Jan 18, 2017 |

If Hadoop is leaving your data lake project all wet, you may be a good candidate for an emerging architectural concept called the big data fabric. As industry experts explain, big data fabrics bring a certain level of cohesion and automation to the processes and tools that companies are adopting as they try to get value out of big data. Read more…

JanusGraph Picks Up Where TitanDB Left Off

Jan 13, 2017 |

Yesterday marked the formal launch of JanusGraph, a new Linux Foundation project formed to continue development of the TitanDB graph database.

JanusGraph is a fork TitanDB, the distributed graph database that was originally released in 2012 to enable users to find connections among large data sets composed of billions of vertices and edges. Read more…

News In Brief

Data Governance Startup Gains Funding

Jan 18, 2017 |

The growing importance of data governance tools used to ensure the integrity of business intelligence processes and methods are fueling investment as data volumes and types continue to grow.

In the latest example, data governance software vendor Collibra said this week it has pushed its venture funding total over $75 million with the close of a $50 million financing round. Read more…

Intel Unveils Deep Learning Framework for Spark

Jan 18, 2017 |

Chip giant Intel last week rolled out a new deep learning framework that runs as a Spark job atop Hadoop. Called BigDL, the open source software is designed to take advantage of hardware acceleration capabilities that Intel has built into its Xeon CPUs. Read more…

AI ‘Inevitable,’ Retraining Needed, Survey Finds

Jan 17, 2017 |

Much debated concerns about the impact artificial intelligence on the global workforce are again highlighted in a new study on AI adoption, but so too are worries among CIOs who worry they lack the in-house skills to deploy and manage machine intelligence. Read more…

Apeiron Gains Partner For its Net Storage Platform

Jan 13, 2017 |

Looking to unclog big data network and storage bottlenecks, a Non-Volatile Memory Express (NVMe) vendor and technology integrator have launched a partnership designed to deliver a NVMe over Ethernet platform that targets the analytics and Internet of Things processing sectors. Read more…

Deep Learning Developers Eye Fintech Apps

Jan 11, 2017 |

With artificial intelligence all the rage these days, market trackers are attempting to gauge just where the technology is headed and which industry sectors will lead development for specific big data and other enterprise use cases. Read more…

This Just In

Advanced Logic Analytics Launches

Jan 24, 2017 |

Jan. 24 — Advanced Logic Analytics (ALA), a provider of enterprise-proven big data and finance analytics solutions for buy- and sell-side institutions and other financial firms, is pleased to announce its launch into the global financial services marketplace to address the market’s growing requirement for big data analytics. Read more…

TrendMiner Achieves Strong Growth in 2016

Jan 20, 2017 |

Jan. 20 — TrendMiner has released results showing a year of strong growth and today confirmed that the company has grown by 250% over the last year. The company’s growth in 2016 is due to rapid adoption of the software, which reflects the market’s need for a single software solution that supports Industry 4.0 goals. Read more…

BlueData Announces Record Financial Results for 2016

Jan 17, 2017 |

SANTA CLARA, Calif., Jan. 17 — BlueData, provider of the leading Big-Data-as-a-Service (BDaaS) software platform, today announced record financial results and a dramatic increase in adoption among new and existing customers in 2016.  Read more…

Experian Selects Cloudera to Deliver Instant Access to Aggregated Financial Data

Jan 10, 2017 |

Jan. 10 — In a move that is transforming the way Experian provides consumer and business credit data to its clients, the company is integrating Cloudera Enterprise onto its cloud environment for its Credit Information Services, Decision Analytics and Business Information Services business lines. Read more…

Attivio Achieves Hortonworks Certification for Financial Services

Jan 4, 2017 |

NEWTON, Mass.Jan. 4— Attivio announced today that they achieved the Hortonworks industry certification for Financial Services. Attivio was previously certified on the Hortonworks Data Platform (HDP), and earned three additional product integration badges for governance, security, and YARN. Read more…