Download - Financial services trihug
© 2012 Datameer, Inc. All rights reserved. Page 1
© 2012 Datameer, Inc. All rights reserved.
Hadoop in Financial Services
Adam Gugliciello, Solutions Engineer
February, 2012
© 2012 Datameer, Inc. All rights reserved. Page 2
Data Warehouse
Expensive
ETL
Slow
Business Intelligence
Expertise
Hadoop
Economical
Raw Load
Fast
Drag and Drop,Spreadsheets
Self Service
A Different Approach…
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Internal Asset MovementInternal Asset Movement
Focus: Institutional RiskIdentify departmental asset movement
• Actual “Rogue Trader” identified using Datameer
Craft an early-warning system for future detectionAggregate sources and correlateNet result: reduced risk
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Client Risk ProfilingClient Risk Profiling
Focus: Bank Assets• Identify profile-scoring features in loans and mortgages• Build qualifying models with Datameer• Test models against existing data• Provide recurring reports
Focus: Client Assets• Monitor risk across product offerings for all client assets• Develop common base of client characteristics for models• Analyze risk types: default, liquidity, attrition risk• Monitor: transactions, web, email, chats and call logs (all of the
different ways clients interact with the bank)Net result: correlation and increases agility
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SLA AnalyticsSLA Analytics
Focus: Infrastructure PerformanceCompanies are using Datameer to aggregate all logs to HadoopTransform log-data into actionable insight into IT systems performanceMeasure conformance to existing SLA’sReduce the batch windowNet result: reduced costs
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Security & FraudSecurity & Fraud
Focus: Client protectionRun statistical models against customer profilesDetect anomalies with pattern-recognition algorithmsIdentify and investigate identity theftDetect and prevent fraudProtect customer assetsNet result: protected customers
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Data Quality & ProfilingData Quality & Profiling
Focus: ProfilingUse profiling techniques to assess and score of client accountsRun complex data quality rules and modelsBuild exception reporting
Focus: Data QualityEnable data stewards to run ad hoc analysis and dashboardsDrive iterative processes to refine dataNet result: reduce risk and cost
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Security InfrastructureSecurity Infrastructure
Focus: infrastructure protectionMonitor external intrusionsDetect suspicious trafficView security aggregatesCorrelate disparate attack sourcesNet result: increased security
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Dark Pools and Cost Savings
Focus: Trade and Partner Analyses•Financial Institutions often hold large positions that they want to trade in ways that don't affect public markets•Dark pools are private venues that enable trading for this practice•It’s a big data problem:
• Large volumes• High velocity• Low visibility
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All talk, little action
indication of interest,action (quote/buy/sell/fulfill),“symbol”,“quantity”,“price”
Footer
HeaderFinancial Information eXchange (FIX)
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Order Family Analysis
sell
cancel
Time
Instrument
Vendor
buy
Analyze Order Families
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A Second in the life…
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Cut through the noise
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Questions and Answers….