Financial Institutes Prototyping Big Data Analytics in Research Labs
Investment managers require sophisticated tools to identify profitable investment opportunities. Big data can provide the 'sophistication' that every investment manager yearns for. It may change how they work and how financial markets operate. According to a research study by the University of Texas, Fortune 1000 companies could gain $2 billion a year in employee productivity, by increasing usability of their data by just 10%!
In an article published in Global Finance magazine, Infosys' expert discusses how most financial institutions are prototyping big data analytics in their research labs to evaluate the appropriate use case and stability of these technologies.
Published with permission of Global Finance