Advanced Analytics for Banking
In this presentation I will describe our experience creating advanced analytic solutions leveraging Big Data in the banking domain. In our experience, the crux of the challenge resides in the interplay between the complexity of the analytic approach (i.e., the algorithm) and the Bigness of the data (i.e., its volume, velocity, and variety). I will introduce the Quadrant of Analytic Opportunity we devised in order to understand and prioritize these challenges, as well as to develop our Big Data analytic strategy. I will describe the specific technical approaches and solutions we are exploring in pursuance of our analytic strategy.