Power of Big data and analytics 18. Intelligent banking rests on good decision making. In this regard, the presence of a robust DSS that can provide relevant information and analytics based on the available data will be definitely helpful. This is where technology of Big data can be utilised.
The challenge lies in churning this mammoth amount of data being handled at enterprise level into informed decisions really quickly. I wonder how many banks have taken launching business analytics projects in all seriousness. I suggest IDRBT conducts a case study and research paper on the business analytics deployed in the banking industry, technology trends and suggest potential future models based on these analytics.