Several large U.S. banks are using big data primarily to understand how customers use their different channels, such as branches, online, mobile, call centers and ATMs, according to a recent study by Thomas Davenport and Jill Dyché at the International Institute for Analytics working with SAS Institute.
Bloomberg has combined its cloud-based storage and management for written enterprise communications with Orange Trading Solutions’ voice recording expertise. The combination enables the integration of voice data into Bloomberg Vault to produce electronic records in near real-time, and it will work with any existing trading floor recording system.
Neurologists at UCLA Medical Center in Los Angeles and IBMIBM -0.65% data scientists are working together to detect dangerous changes in inter-cranial pressure — pressure inside the skull – earlier than current diagnostics detect it, so patients can be helped sooner.
MasterCard Advisors, a division of MasterCardhas announced a partnership and investment in Mu Sigma, a high-end analytics firm in Chicago and India. Mu Sigma specializes in advanced analytical tools and services with a team of more than 2,500 highly educated professionals, most of them in India.
NYSE and NYSE Technologies, its technology subsidiary, found that the continuing growth of stock market data, the demand for more analytics, and, thanks to regulators, lots more reporting, were too much for its existing database.