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The Asian Banker One Big Question is a quarterly debate held as part of our effort to solve practical problems that bankers across the region are facing. Bankers will be encouraged to share key business issues and a community driven debate is organised to find a solution. Industry/subject matter experts are invited to provide their views on the topic before we open up to the floor for our audience to vote, sharing their view. At the close of the campaign, we will organise a teleconsultation session to discuss our findings and conclude the campaign.
Big Data – A real phenomenon or consultant buzzword for analytics?
All Comments (7)Banks always had more data than other domain due to the extensive use of technology in transaction processing and customer services. As more customer convenience is provided using newer channels more dta flows in. More effective analysis of these data will equip banks to be more customer centric and efficient in transaction processing... U V K Kumar
4th April 2012 07:58 PM It is surely a consultant buzz word. If banks have Big Data, then what do you call the data being generated at CERN. Banks need business solutions at the front end.
30th March 2012 02:37 PM The Data phenomenon comes with it challenges - is the data in line to support business strategy, is there understanding of how and where to use the data by the emplpoyees and does the bank have the appropriate skilled analysts to meaningfully translate data into strategy.
18th March 2012 12:02 PM Not yet for this region at least not Asia Pacific. Banks are growing, should focus on people development and governance to align with the growth, before taking the next step to look at not-yet-oxygen big data analysing. The so called growth is a baby step as compare to other regions like US and Europe, even Australia.
7th March 2012 07:27 AM View more comments here
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