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Sectors » Financial Services


Empowering Citizen Data Science

Aug 13, 2018 |

Companies of all stripes are turning to data science to unlock the value in their data. However, finding highly trained data scientists to build the systems has proven to be a very difficult task. Read more…

Is GOLAP the Next Wave for Big Data Warehousing?

Aug 9, 2018 |

The 1990s and 2000s saw the rise of the relational databases for transaction processing (OLTP) as well as analytical processing (OLAP). As the volume and variety of data explodes in the 2010s, database experts are looking to parallel graph analytic database– what some are calling GOLAP data warehouses — Read more…

It’s Still Early Days for Machine Learning Adoption

Aug 7, 2018 |

Despite the hype surrounding artificial intelligence, we’re still in the early stages of adopting machine learning in the enterprise, according to a new survey released today by O’Reilly Media. The survey also found that large-scale production deep learning rarely happens on the cloud, and that companies pursuing machine learning are actively embracing privacy, security, and fairness. Read more…

How To Build a Data Science Team Now

Aug 6, 2018 |

Business execs who are leading their companies down the data science track may be dismayed by the difficulty and expense of hiring a data scientist, the so-called “unicorns” who command quarter-million-dollar salaries. Read more…

Confluent Strengthens IoT Integration for Enterprise Kafka

Aug 2, 2018 |

A new release of Confluent’s enterprise Kafka platform unveiled Tuesday should make it easier for developers to integrate streaming Internet of Things (IoT) data into their analytics infrastructure. The company’s release of Confluent Platform 5.0 also brings security updates, new KSQL features, and better overall management of Kafka operations. Read more…

News In Brief

Open Source is Now a Big Data Service

Aug 16, 2018 |

Open source technologies continue to make headway across a range of industries undergoing digital conversions. The big data sector has of course led the way with a growing list of Apache Foundation projects ranging from Hadoop to Spark that have made their way into data-centric enterprises coping with huge data volumes. Read more…

SnapLogic Adds GitHub, Container Support

Aug 15, 2018 |

More vendors are offering new integration tools for meeting growing enterprise demand for faster delivery of application software. Among the approaches is automating key elements of the continuous integration and continuous delivery pipeline using emerging application container services and cloud-based open source development platforms. Read more…

Hortonworks Handily Beats Analyst Estimates

Aug 7, 2018 |

Hortonworks today announced the financial results for its second quarter ended June 30, and the numbers beat the projections of every financial analyst that covers the company, giving its stock a 12.5% lift in after-hours trading. Read more…

Arm Adds Data Management to its IoT Platform

Aug 2, 2018 |

Arm Ltd. is adding data management to its Internet of Things device and connectivity frameworks with the launch of a platform geared to sensor network diversity and hybrid infrastructure.

Separately, the U.K. Read more…

Cisco Backs Data Startup Dremio

Jul 31, 2018 |

Dremio Corp., the startup launched by the creators of Apache Arrow development platform for in-memory data, continues to attract investors to its data platform.

The three-year-old company based in Mountain View, Calif., announced additional funding by Cisco Investments, extending its Series B funding round in January to $25 million. Read more…

This Just In

Trifacta Accelerates Data Preparation for Regulatory Reporting Among Leading Financial Institutions

Jul 10, 2018 |

SAN FRANCISCO, July 10, 2018 — Trifacta, a global leader in data preparation, today announced that use of its Wrangler products is increasing among financial services organizations to address increasingly demanding risk and compliance initiatives, such as CCAR, BCBS 239, and AML. Read more…

Openlink Launches Cloud-Based Risk Analytics Service Offering

Jun 27, 2018 |

NEW YORKJune 27, 2018 — ION, a global provider of trading, analytics and risk management solutions for capital markets, commodities and treasury management, today announced the release of a new cloud-based Risk Analytics Service offering for Openlink Rightangle clients.  Read more…

Actuaries’ Use of Big Data Grows With New Applications to Insurance and Pension Risks

Jun 5, 2018 |

WASHINGTON, June 5, 2018 — Big Data techniques and methods are increasingly being used to more effectively assess risks within insurance and pension and retirement systems, providing actuaries with powerful new analytical tools and opportunities to work on Big Data projects, according to a monograph released by the American Academy of Actuaries at the International Congress of Actuaries in Berlin on June 5. Read more…

Algorithm Created by Queen’s University Belfast Student is ‘Game-Changer’ for Picking up on Insurance Fraud

May 15, 2018 |

May 15, 2018 — A Queen’s University Belfast student has developed software which can detect insurance fraud quickly.

Jiawen Sun, a PhD student in the School of Electronics, Electrical Engineering and Computer Science and the Institute of Electronics, Communications and Information Technologies (ECIT) at Queen’s, has been working for the last three years to create a software system which can efficiently analyse graph-structured data. Read more…

Global X Funds Launches AIQ

May 15, 2018 |

NEW YORKMay 15, 2018 — Global X Funds, a New York-based provider of exchange traded funds (ETFs), announced today the launch of the Global X Future Analytics Tech ETF (Nasdaq:  Read more…

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