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Banking on mainframe-led digital transformation for financial services

IBM Big Data Hub

Financial services companies are considered institutions because they manage and move the core aspects of our global economic system. And the beating heart of financial institutions is the IBM mainframe. Complex analytical queries atop huge datasets on the mainframe can eat up compute budgets and take hours or days to run.

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3 ways prescriptive analytics helps deliver better financial services

IBM Big Data Hub

As any financial services executive knows, improving business results with precise, timely decisions is much harder than it looks.

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News alert: Harter Secrest & Emery announces designation as NetDiligence-authorized Breach Coac

The Last Watchdog

Harter Secrest & Emery’s privacy and data security clients range from Fortune 100 corporations to closely-held businesses in a wide range of industries, including healthcare, financial services, data analytics/big data, retail, education, manufacturers, defense contractors, and employers of all sizes.

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Fintechs turn to AI and cloud as steadfast forces for innovation

IBM Big Data Hub

With customers top of mind, we are seeing fintechs increasingly harness the power of choice and flexibility that comes with hybrid multicloud and lean into the power of data analytics to deliver enhanced experiences.

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The next wave of payments modernization: Minimizing complexity to elevate customer experience

IBM Big Data Hub

At the same time, we are increasingly seeing regulators more closely monitor the industry’s relationship with non-traditional players (such as fintechs and neobanks), aimed at mitigating the introduction of potential risks into the financial services ecosystem.

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The convergence of HPC and AI: Driving innovation at speed  

IBM Big Data Hub

Workload schedulers such as  IBM Spectrum® LSF® efficiently manage job flow to GPUs, while IBM Spectrum Symphony®, a low-latency, high-performance scheduler designed for the financial services industry’s risk analytics workloads, also supports GPU tasks.

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How Long Should I Keep This Business Record For?

AIIM

Too often I hear one of two, equally bad answers: Keep Records for Seven years: This seems to be the de facto answer, especially for financial services records. Internal Revenue Service rules around when they can audit individual and corporate tax returns. BIG DATA!!! As near as I can tell, this comes from the U.S.