David Saul, SVP & Chief Scientist, State Street Corp., touted the use of semantic databases, contending they could be the next evolution in how banks manage big, or smart, data. The semantic data model associates a meaning to each piece of data to allow for better evaluation and analysis, Saul noted, adding that given their ability to analyze relationships, semantic databases are particularly well-suited for the financial services industry.
Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & Technology in 1991. In addition to ... View Full Bio