This is leading to a trend wherein banks are moving from basic reporting to analytics and are heading towards predictive analytics. And to enable predictive analytics, IT Departments should be integrating Big Data with already stored data. 37. Although decision-makers are realising that there is value in Big Data, getting to that value is not so easy for most businesses.
If the effects of the two policies overlap or are in conflict and they are not operated harmoniously, this may give rise to the problem of excessive or offsetting policy effects, as they both work by way of changes in financial institutions’ balance sheets.