Federal Reserve authorities are determined to fight inflation and are expecting higher interest rates for some time ahead until the inflation is within the target range of Federal Reserve, as discussed in the Fed’s December meeting. Federal Reserve policymakers at its December meeting raised interest rate by half a percentage point, and expressed the necessity…
Developing Operational Resilience In The Face Of Rising Risks For Financial Institutions In a recent series of online roundtables, more than a dozen experienced security, compliance, and risk management executives from high-profile financial institutions gathered to share real-world insights on the top challenges and most effective strategies for achieving lasting operational resilience. From breaking down…
Inside BIGDATA Guide to Big Data for Finance There are many quality software tools allowing banking institutions to reap the benefits of big data. For example, many FSIs use Splunk to collect information as an industry leading big data platform designed to integrate information of all types into easily deployed visualizations. HOW DELL TECHNOLOGIES HELPS…
Inside BIGDATA Guide to Big Data for Finance Across industries, data continues to grow as an extremely valuable resource. This is especially true in the financial services sector. “Financial services” is a broad term that encompasses commercial banks, investment houses and insurance companies. This highly competitive sector has been largely dominated by global conglomerates, with…
