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Big Data is making inroads for risk management, fraud detection and other Ops functions as long as firms can find ways into siloed information.
While many financial services firms are making strides in using Big Data technologies to address front office concerns like pre-trade analytics and tailoring the customer experience, the use of Big Data is catching on much more slowly among middle- and back-office operations, industry observers say. However, as more firms begin to wake up to Big...
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