As a foundational platform for Temenos Analytics, and an embedded capability in all Temenos banking products, Temenos Data Lake helps banks unlock real-time data and analytically driven and future-proof their capabilities in the rapidly changing landscape of data, analytics and AI. At one large European bank, this exercise identified almost $1 billion in expected bot-tom-line impact. Currently, you can use Azure HDInsight and Azure Data Lake Analytics to run data analysis jobs on the data stored in Data Lake Storage Gen1. The institution sought answers to the pre-transition query – Is there a need for ‘data transformation’ before data gets ingested into the Hadoop-based data lake, as it is usually done in the data lake…

By gathering data from social media, web visits, call logs and other company interactions, and other data sources, companies can improve customer interactions and … and implement the operating model and data architecture to deploy the use cases through agile sprints, facilitate scaling up, and deliver tangible business value at each step (Exhibit 2). This “charting the data lake” blog series examines how these models have evolved and how they need to continue to evolve to take an active role in defining and managing data lake environments. Big data provides retailers with a clearer view of the customer experience that they can use to fine-tune their operations. However, now it seems the industry is becoming more focused on Personalization and Automation, with the goal of driving engagement and product penetration (revenue). Actions: Select a range of use cases and priori- “The top trends in Big Data in the banking industry are…” In recent years, most Big Data use cases seemed to focus on compliance, security, and risk management. For decades, various types of data models have been a mainstay in data warehouse development activities. Use proven tools that bring speed, AI and machine learning to analysis of data in your data lake IBM Db2 Big SQL Use an enterprise-grade, hybrid, ANSI-compliant SQL on Hadoop engine to gain massively parallel processing (MPP) and advanced queries of data in your data lake. What’s looked at as trivial in most cases attracted the attention of the financial institution. Once the data is available in Data Lake Storage Gen1 you can run analysis on that data using the supported big data applications. Process data stored in Data Lake Storage Gen1. Australia and New Zealand Banking Group (ANZ) is embarking on a project to create an enterprise-wide data lake in a bid to capitalise on the most strategic asset the bank believes it has.