المجلة الجزائرية للدراسات الاقتصادية والإدارية
Volume 2, Numéro 1, Pages 1-7
2022-04-30

Big Data In Financial Industry: Benefits And Challenges

Authors : Safia Sadiki .

Abstract

Big Data is a promising field especially for financial institutions. With no physical products to manufacture, data –the source of information- is one of arguably their most important assets. Financial industry is characterized by a huge number of transactions, conducting hundreds of millions daily, each adding another row to the industry’s immense and growing ocean of data. So the most urgent question for many financial firms is how collect and use this precious tool –data- to gain a competitive advantage.

Keywords

Big Data, finance, capital market, financial institutions