Remove Banking Remove Portfolio Remove Unstructured Data
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Is Your Financial Services Organization Ready to Leverage Generative AI?

Snowflake

According to IDC , “Ultimately, gen AI will be widely adopted only if the data, models and applications that use them are trusted by end users and customers.” Here’s how a robust data strategy can help your financial services organization overcome the barriers and blocks to gain a competitive edge with gen AI.

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Making an AI Investment: How Finance Institutions are Harnessing the Power of AI and Generative AI

Cloudera

article , “The McKinsey Global Institute (MGI) estimates that across the global banking sector, [Generative AI] could add between $200 billion and $340 billion in value annually, or 2.8 Bridgewater Associates leverages GenAI to process data for trading signals and portfolio optimization. According to a recent McKinsey & Co.

Finance 77
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AI in Banking: 5 Applications of Artificial Intelligence in Banking

Edureka

The banking industry is at the forefront of integrating AI, one of its many transformational uses. Today, we explore the top five ground-breaking uses of artificial intelligence in banking as we delve into the realm of money. This enables banks to quickly investigate and take the necessary action.

Banking 40
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How Financial Services Companies Optimize Quantitative Research with the Snowflake Data Cloud 

Snowflake

In a recent Nasdaq survey , more than half (60%) of dissatisfied quantitative portfolio managers complained about an inability to quickly test new data sets. It’s clear that traditional asset managers and hedge funds need to drive greater efficiencies in portfolio construction, trade implementation, and risk mitigation.

Cloud 52
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How JPMorgan uses Hadoop to leverage Big Data Analytics?

ProjectPro

Large commercial banks like JPMorgan have millions of customers but can now operate effectively-thanks to big data analytics leveraged on increasing number of unstructured and structured data sets using the open source framework - Hadoop. JP Morgan has massive amounts of data on what its customers spend and earn.

Hadoop 52
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Business Analytics Future: Exploring Trends and Opportunities

Knowledge Hut

Search-Based Discovery Tools Search-based discovery tools allow users to utilize search terms in order to create and improve views and perform analysis of both structured and unstructured data. Business analysts perform the process of making a portfolio of potential candidates who may prove to be an asset to the company.

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Taking out the threat from the inside

Cloudera

Whether it’s a rogue trader in a bank or brokerage or someone illegally sharing company intellectual property or intelligence, illegal insider actions put enterprises at risk of losing millions. This could be in the form of reputational damage or unfavorable regulatory consequences in case of compromised customer data, for example.