Story of Bigdata and its Applications in Financial Institutions

The importance of BigData is indeed nothing new, but being able to manage data efficiently is just now becoming more attainable. Although data management has evolved considerably since the 1800's, advancements made in recent years that have made the process even more efficient. Technique of Data mining, is much used in the banking industry, which helps banks compete in the market and provide the right product to the right customer. While collecting and combining different sources of data into a single significant volumetric Golden Source of TRUTH can be achieved by applying the right combination of tools. In this paper Author introduced BIGDATA technologies in brief along with its applications. Phani Bhooshan | Dr. C. Umashankar "Story of Bigdata and its Applications in Financial Institutions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-6 , October 2019, URL: https://www.ijtsrd.com/papers/ijtsrd29145.pdf Paper URL: https://www.ijtsrd.com/computer-science/database/29145/story-of-bigdata-and-its-applications-in-financial-institutions/phani-bhooshan