Remove Big Data Remove Risk Remove Statistics Remove Testing
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Ways Big Data Creates a Better Customer Experience In Fintech

Smart Data Collective

Big data has led to many important breakthroughs in the Fintech sector. Statistics show that 93% of customers will offer repeat business when they encounter a positive customer experience. And Big Data is one such excellent opportunity ! The Role Of Big Data In Fintech. Improving Risk Assessment.

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What is Model Risk and Why Does it Matter?

DataRobot Blog

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses.

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Cyber Fraud Statistics & Preventions to Prevent Data Breaches in 2021

Smart Data Collective

Data breaches have become much more common in recent years. One estimate shows that over 37 billion data records were exposed last year. The risk of data breaches will not decrease in 2021. Data must be managed carefully , which means protecting it against security breaches. But you can come around this.

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Big Data Paves The Road For A New Generation Of Investing Apps

Smart Data Collective

Big data is changing the financial industry in a truly astounding way. Hussain of Atos Spain published a white paper on the growing relevance of big data in the finance and insurance verticals. Financial professionals aren’t the only ones utilizing big data to make more informed financial decisions.

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Speed up queries with the cost-based optimizer in Amazon Athena

AWS Big Data

Starting today, the Athena SQL engine uses a cost-based optimizer (CBO), a new feature that uses table and column statistics stored in the AWS Glue Data Catalog as part of the table’s metadata. By using these statistics, CBO improves query run plans and boosts the performance of queries run in Athena.

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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

It comprises the processes, tools and techniques of data analysis and management, including the collection, organization, and storage of data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. It is frequently used for risk analysis.

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Businesses Across Various Industry Verticals Use Data Analytics

Smart Data Collective

Big data and analytics technology is rapidly changing the future of modern business. Has the cost of data installation and maintenance increased with each passing day at your company? What exactly is Big Data, but why is it so important? Enterprise-wide Big Data Analytics solutions are being implemented.