Financial firms ‘undertaking big data recruitment drive’

As the value of big data analytics to companies in the financial services sector becomes more apparent, many businesses are seeking to boost their activities through the hiring of professionals with expertise in this area. It was recently noted by Christopher Adeyeri, associate director and head of technology at recruitment firm Astbury Marsden, that the…

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FCA to review insurers’ use of big data

UK regulator the Financial Conduct Authority (FCA) is set to conduct a review into how the insurance sector in the country incorporates big data analytics technologies into its activities. The decision was announced as part of the organisation's 2015/16 Business Plan report, which noted the financial sector is likely to face increasing risk in the…

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C-suite strategies shifting in response to big data

The emergence of big data as a central part of how firms make decisions is leading to many executives making significant changes to how they approach their future strategy, a new study has found. Research conducted by the Economist Intelligence Unit (EIU) on behalf of Platfora revealed almost half of C-suite executives (48 per cent)…

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