New Research: Global Big Data in Financial Services Market by Services, Deployment Model, Applications, Region, Forecast to 2022
Financial services, in particular, have widely adopted big data analytics to inform better investment decisions with consistent returns. In conjunction with big data, algorithmic trading uses vast historical data with complex mathematical models to maximize portfolio returns. The continued adoption of big data will inevitably transform the landscape of financial services. However, along with its apparent benefits, significant challenges remain in regards to big data's ability to capture the mounting volume of data.
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