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Banking on mainframe-led digital transformation for financial services

IBM Big Data Hub

Before the internet and cloud computing , and before smartphones and mobile apps, banks were shuttling payments through massive electronic settlement gateways and operating mainframes as systems of record. 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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5 things to know: IBM Cloud’s mission to accelerate innovation for clients

IBM Big Data Hub

“Enterprises need to accelerate digital transformation while giving their workforce the flexibility to work on any device from anywhere in the world. These capabilities are especially critical for machine learning , artificial intelligence , simulation and other high-performance computing (HPC) workloads.

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Capturing Paper Documents - Best Practices and Common Questions

AIIM

And while there are many technological approaches to digital transformation, the first step is often scanning. Also known as “capture,” this capability is characterized by the ability to scan paper documents to store and use them in digital form instead of paper. What are the costs of scanning and capturing paper electronically?

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Summary – “Industry in One: Financial Services”

ARMA International

The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny.

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#ModernDataMasters: Henrik Liliendahl, Chairman & CTO, Product Data Lake

Reltio

I got good grades in mathematics at school but it was an evening class in secondary school that I took in what was then called EDP (Electronic Data Processing) that got me started. We didn’t even have a computer at that school so the whole class was about things drawn on the blackboard. Getting a more holistic view on data.

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