Uses of Semantic Technology in Financial Services

My colleague Amir Halfon – MarkLogic’s CTO of Global Financial Services – just posted a new addition to his “Big Data Blog” describing how Financial Services organizations can benefit from Semantic Web Technology.

In the post, he lays out five different use cases – Customer 360, Data Provenance, Reference Data, Pre-Trade Analytics and Decision Support, and Compliance – and gives a high-level overview of the reasons why (and how) this type of non-relational technology is useful for each. Common to all the examples is the way Semantic Technology can help add meaning and context to data, without extensive human intervention, rigid data modeling, or costly ETL cycles.

If you’re interested in a quick introduction to uses of Semantic Web Technology, I recommend you check it out.