Today’s firms are looking for new ways to solve Big Data challenges, especially to handle the explosive volume, velocity, and variety of data. Firms must be able to collect, store, and analyze rapidly changing, petabyte-scale data to maximize profits, reduce risk, and meet increasingly stringent regulatory requirements. According to research firm IDC, this Big Data dilemma is significantly impacting three challenge areas to financial sector health this year: operational efficiency, new product development, and compliance. MarkLogic Server enables financial services firms to gain competitive advantage in these key business issues.
Top 3 Ways Big Data Impacts Financial Services
July 9, 2012