Financial Data Analytics with Hadoop
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Datameer provides financial services solutions that enhance data quality, risk management, fraud detection, and operational efficiency. Its platform allows institutions to perform advanced analytics, monitor compliance, and improve decision-making through various profiling techniques and reporting. The overall benefits include reduced risks, lower operational costs, and improved customer protection.
Financial Data Analytics with Hadoop
- 1. Datameer in Financial Services! © 2012 Datameer, Inc. All rights reserved. © 2012 Datameer, Inc. All rights reserved.
- 2. Datameer in Financial Services! Datameer’s customers have derived benefits around:! • Data Quality for improving confidence in source systems for Compliance and risk! • Asset movement and application analytics for SLA and pricing controls! • Fraud analytics to reduce losses and cost of anti fraud efforts! • Risk profiling for Value at Risk and Credit Risk! • Operations and Living Archival cost reduction! © 2012 Datameer, Inc. All rights reserved.
- 3. Data Quality & Compliance! Focus: Profiling! ! Use profiling techniques to assess and score of client accounts! ! Run complex data quality rules and models! ! Build exception reporting! Focus: Data Quality! ! Enable data stewards to run ad hoc analysis and dashboards! ! Trace Data lineage through transformations and quality checks for audit trail automatically! ! Drive iterative processes to refine data and improve confidence in numbers being reported to regulatory bodies for concerns like Basel III and Dodd-Frank! ! Net result: reduce risk and cost! ! © 2012 Datameer, Inc. All rights reserved.
- 4. Internal Asset Movement! Focus: Institutional Risk ! Identify departmental asset movement • Actual “Rogue Trader” identified using Datameer ! Craft an early-warning system for future detection ! Aggregate sources and correlate ! Net result: reduced risk © 2012 Datameer, Inc. All rights reserved.
- 5. SLA Analytics! Focus: Infrastructure and Service Performance ! Companies are using Datameer to aggregate all logs to Hadoop ! Transform log-data into actionable insight into IT systems performance ! Measure conformance to existing SLA’s ! Reduce the batch window ! Net result: reduced costs © 2012 Datameer, Inc. All rights reserved.
- 6. Security & Fraud! Focus: Client protection ! Run statistical models against customer profiles ! Detect anomalies with pattern-recognition algorithms ! Identify and investigate identity theft ! Detect and prevent fraud ! Protect customer assets ! Net result: protected customers © 2012 Datameer, Inc. All rights reserved.
- 7. Client Risk Profiling! Focus: Bank Assets • Identify profile-scoring features in loans and mortgages • Build qualifying models with Datameer • Test models against existing data • Provide recurring reports Focus: Client Assets • Monitor risk across product offerings for all client assets • Develop common base of client characteristics for models • Analyze risk types: default, liquidity, attrition risk • Monitor: transactions, web, email, chats and call logs (all of the different ways clients interact with the bank) ! Net result: correlation and increases agility © 2012 Datameer, Inc. All rights reserved.
- 8. Operational Archiving! Focus: Compliance and cost reduction • Eliminate expensive taping and re-taping • Keep records living for analytics ▶ Increase from 6 months of available data • Improve Disaster Recovery ! Net result: Two orders of magnitude in archival cost reduction and improvement of business’ ability to use that data © 2012 Datameer, Inc. All rights reserved.
- 9. Dark Pools and Cost Savings Focus: Trade and Partner Analysis ! Financial Institutions often hold large positions that they want to trade in ways that don't affect public markets ! Dark pools are private venues that enable trading for this practice ! It’s a Big Data problem • Large volumes • High velocity • Low visibility ! © 2012 Datameer, Inc. All rights reserved.
- 10. All talk, little action! Financial Information eXchange (FIX) Header indica&on of interest, ac&on (quote/buy/sell/fulfill), “symbol”, “quan&ty”, “price” Footer © 2012 Datameer, Inc. All rights reserved.
- 11. A Second in the life…! © 2012 Datameer, Inc. All rights reserved.
- 12. Analyze Order Families! Instrument buy sell Vendor Time cancel Order Family Analysis © 2012 Datameer, Inc. All rights reserved.
- 13. Questions and Answers…! Follow Us www.datameer.com © 2012 Datameer, Inc. All rights reserved.