article thumbnail

ISO 20022: Are your payment systems ready?

IBM Big Data Hub

ISO 20022 data improves payment efficiency The impact of ISO 20022 on payment systems data is significant, as it allows for more detailed information in payment messages. ISO 20022 drives improved analytics and new revenue opportunities ISO 20022 enables more sophisticated payment analytics by providing a richer data set for analysis.

article thumbnail

Commercial Lines Insurance- the End of the Line for All Data

Cloudera

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Commercial Lines truly is an “uber industry” with respect to data. Another example is fleet management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Exploring real-time streaming for generative AI Applications

AWS Big Data

Streaming data facilitates the constant flow of diverse and up-to-date information, enhancing the models’ ability to adapt and generate more accurate, contextually relevant outputs. OpenSearch Service provides support for native ingestion from Kinesis data streams or MSK topics.

article thumbnail

Improve healthcare services through patient 360: A zero-ETL approach to enable near real-time data analytics

AWS Big Data

Achieving this will also improve general public health through better and more timely interventions, identify health risks through predictive analytics, and accelerate the research and development process. This will be your online transaction processing (OLTP) data store for transactional data.

article thumbnail

Quantitative and Qualitative Data: A Vital Combination

Sisense

Most commonly, we think of data as numbers that show information such as sales figures, marketing data, payroll totals, financial statistics, and other data that can be counted and measured objectively. This is quantitative data. It’s “hard,” structured data that answers questions such as “how many?”

article thumbnail

The Power of Ontologies and Knowledge Graphs: Practical Examples from the Financial Industry

Ontotext

Here, the ability of knowledge graphs to integrate diverse data from multiple sources is of high relevance. As you can see from the slide below, knowledge graphs can provide a single access point for various types of data such as structured data, knowledge organization systems, transactional data and signals from unstructured content.

article thumbnail

Your Data Architecture Holds the Key to Unlocking AI’s Full Potential

CIO Business Intelligence

AI working on top of a data lakehouse, can help to quickly correlate passenger and security data, enabling real-time threat analysis and advanced threat detection. In order to move AI forward, we need to first build and fortify the foundational layer: data architecture.