After a short break back home in Bangalore, it was time to get back to the world of technology and this time in a new country and city! While I was tempted to pen my thought on the SAP HANA Cloud Strategy the last few weeks saw me present my ideas to my new colleagues Max Richard, Toon D’Hollander, and my bosses – Rocky Woestenborghs, Jean-Pierre Nelissen and Thomas De Wulf on the topic that is Big Data ;)
Of course, my discussions on the content and context was rather specific to ING which I will leave out for obvious reasons but I thought of taking a broader outlook of the impact Big Data specific to the banking and the financial services world ! I read this article on What Makes big Data Projects Succeed and it got me thinking what is the mode of functioning in the bank for Big Data?
Data analytics have completely reshaped the enterprise data management and even more so in the financial world. So I thought among all banking institutions and their structures, these are some possibilities of “How to use Big Data in banks“: