5 big data trends impacting financial institutions in 2016

first_img 26SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The adoption of industry standards and more mature platforms will shift big data’s focus from IT-driven infrastructure projects to business-driven data solutions. Those who adopt big data strategies early and aggressively will realize operational efficiencies and top-line growth.2015 was a pivotal year for big data in financial services. Most large organizations have realized that the information they capture in the normal course of business has enormous strategic and competitive value. And the value of this data is becoming even more important as financial technology startups threaten to disrupt established players.Many large organizations have launched initiatives to capitalize on the value of their data. However, these initiatives have exposed new questions and identified new challenges, both business and technical, that must be overcome.For example, what are the right business problems to address with big data? How do you align data goals and operations across business units to maximize business value? How do you aggregate data while preserving security and privacy? And what processes, organization and tools do you need to implement to deliver effective solutions? continue reading »last_img read more


Disturbing Photo: Handcuffed Suspect Led Down Road by a Rope

first_imgGALVESTON, Texas — Police in Galveston, Texas, are apologizing for the treatment of a trespassing suspect during a weekend arrest.Donald Neely was led through the streets with a line attached to his handcuffs by officers on horseback.Images show two horse-mounted officers leading Neely down the street using what appears to be a rope attached to his handcuffs.Attorney Melissa Morris represents the Neely family and says she’s appalled.“I think the way they handled him was disgusting,” Morris said.She says Neely was diagnosed as bi-polar about ten years ago.Police Chief Vernon Hale issued a statement apologizing, calling the treatment an “unnecessary embarrassment.”Chief Hale says he must apologize to Neely in person adding the officers should have waited for a vehicle to transport the suspect who is now off the streets and at home with his daughters.The two officers involved in this arrest will not face discipline.last_img read more


Fatal shooting shuts down border crossing

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBasketball roundup: Sierra Canyon, Birmingham set to face off in tournament quarterfinalsIn a scene broadcast live by TV news helicopters, a black sport-utility vehicle sat in the middle of the roadway with a shattered driver’s side window. There were no immediate reports of any other injuries. It was unclear whether the vehicle was carrying any passengers. The California Highway Patrol sealed off southbound access to the border and rush-hour traffic backed up for more than a mile. – Associated Press SAN DIEGO – A busy U.S-Mexico border crossing was shut down Thursday after federal authorities shot and killed the driver of a car headed for Mexico, officials said. The shooting occurred on the southbound Golden State (5) Freeway around 3:30 p.m. about 50 feet north of the San Ysidro Port of Entry, the world’s busiest border crossing, which links Tijuana, Mexico with San Diego. Officials with U.S. Customs and Border Protection were attempting to stop the vehicle, which was under surveillance for suspected migrant smuggling. The driver, who was not immediately identified, was pronounced dead at the scene with multiple gunshot wounds, said Maurice Luque, a spokesman for the San Diego Fire-Rescue Department. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more



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