Authored on: Jun 26, 2012
Financial services firms are increasingly facing the challenge of "Big Data": unprecedented quantities of structured and unstructured data stored in a variety of systems and formats. Though "big" might mean different things to different firms, all companies report that more data is coming in all the time from disparate systems.
Several issues stand in the way of financial services firms making optimal use of the data they gather - e.g. regulatory requirements, data privacy, organizational inflexibility, cross-border transfers, etc. - but most of the reasons preventing organizations from leveraging their data are technical, and include the sheer volume and variety of data as well as the velocity, flexibility, security and resources required to manipulate it.
This white paper discusses these issues and includes use cases that show how partnering with innovators can open new opportunities.
Savvis frees your firm to focus on coming up with the strategic questions Big Data can answer, and on identifying and responding swiftly to the opportunities that your analysis of Big Data reveals. So seize this opportunity: talk to Savvis today and we'll work with you to map out an infrastructure solution that can help your business make the most of the market potential and challenges Big Data presents to your firm.