Top 5 Big Data Use-Cases

in Banking & Financial Services #sap #services #BigData

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1. Fraud Detection and Security Prevent fraud by leveraging analytics, machine learning, and Big Data

technology to gain a holistic view of customers, identify patterns buried in data,

cluster information, and distinguish fraudulent activity from normal activity.

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2. Compliance and Regulatory Reporting Comply with a key provision of the Dodd Frank Act that requires big swap

traders to document everything that goes into each swap trade by

implementing a deal monitoring system based on a new generation of Big

Data technology

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3. Customer Segmentation Group customers into different segments to support sales, promotion, and

marketing campaigns by collecting and analyzing all available data and using

Big Data technology to mine for intelligence from underlying data.

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4. Risk Management Support new regulations and increasing demand for better internal

management support by implementing a central, integrated finance and risk

management data platform that can quickly and flexibly address new

requirements

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5. Personalized Product Offering Target new product and service offerings to the right customers by

implementing software that supports flexible and integrated processes for

understanding customer buying habits, what channels customers listen to, and

who the key influencers are.

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Learn how SAP Services can help your banking or financial

organization realize tangible business benefits by implementing a Big

Data strategy.

Visit: http://www.sap.com/solution/big-data.html

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#sap #services #BigData