Trends for Big Data in Financial Services, 2016
Governance, Risk, and Compliance:
Increased regulation is placing more pressure on financial institutions and is prompting use of new technologies such as big data to mitigate risk and improve governance. For example, to demonstrate good governance, risk, and compliance (GRC) you need a real-time picture into your entire financial operation. Using big data in financial services can bring together all the GRC data for analysis.
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