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Combine transactional, streaming, and third-party data on Amazon Redshift for financial services

AWS Big Data

The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory reporting. The calculation methodology and query performance metrics are similar to those of the preceding chart.

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BI Data Lineage Solutions: Your Trusted Guide For Success

Octopai

One example is the lineage methods that the banking industry has adopted to comply with regulations put in place following the 2007 financial collapse. It required banks to develop a data architecture that could support risk-management tools. A key piece of legislation that emerged from that crisis was BCBS-239.

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How Finance is Leveraging Automated Data Lineage for Regulations Compliance

Octopai

The worldwide economy was shaken in 2007 when the United States stock market had its largest drop since the Great Depression. While there are many factors that led to this event, one critical dynamic was the inadequacy of the data architectures supporting banks and their risk management systems.

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Themes and Conferences per Pacoid, Episode 6

Domino Data Lab

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. The ability to measure results (risk-reducing evidence). Frédéric Kaplan, Pierre-Yves Oudeyer (2007). Large-Scale Study of Curiosity-Driven Learning”.