Finding that traditional database technologies reach their limits when confronted with Big Data, banks including Zions Bancorporation are exploring Apache's Hadoop open source platform to enable deeper analytics.
New research from a Viewpointe-sponsored AIIM report reveals that without a comprehensive records management system in place, financial institutions may be exposed to costly and potentially damaging legal action due to their limited ability to identify and isolate key records.
As part of its compliance with provisions of the Dodd-Frank regulation, the FDIC board is proposing stress testing for large banks, and says affected banks would benefit from "improved internal assessments of capital adequacy."
By Michael Stevenson, Royal Banks of Missouri; Robb Gaynor, Malauzai Software Inc.; and Steve DuPerrieu, Computer Services Inc. | January 10, 2012
Despite mobile banking's growth, many financial institutions still view it as a cost rather than a revenue opportunity. In this roundtable we discuss how banks can speed up adoption rates and increase profit margins, and where deployment of apps fits into the strategy.