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Top 5 Data + AI Predictions for Financial Services in 2024

Snowflake

The foundation for success is a data platform that allows flexible, cost-effective ways to access gen AI — whether organizations want to use off-the-shelf commercial and open-source large language models (LLMs), or fine-tune their own LLMs for more complex applications. Rinesh Patel, Snowflake’s Global Head of Financial Services 2.

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Habib Bank manages data at scale with Cloudera Data Platform

Cloudera

As the leading financial institution of Pakistan, Habib Bank Limited (HBL) is at the forefront of all development initiatives which includes growth of priority sectors and targeting the unbanked population in the country. HBL was the first Pakistani commercial bank to be established in Pakistan in 1947.

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Is Your Financial Services Organization Ready to Leverage Generative AI?

Snowflake

While the possibilities of gen AI and large language models (LLMs) are limitless, there are several data challenges and risks financial executives need to be aware of when implementing AI that generates original content. Access to high-quality source data, strong governance controls and robust security are paramount.

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Listening to the Customer in the 21st Century: It’s All About Data

Cloudera

A Mckinsey study shows that customer-centric banks outperform peers, delivering 55% higher returns. By using data to listen to their customers better. The most innovative companies use data and analytics to offer appropriate products and services. No one at YES BANK was operating with a full 360-degree customer view. .

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Disadvantages of Big Data

Knowledge Hut

Big Data certification course will support you in learning big data skills from the greatest mentors to help you build a career in big data. Top 10 Disadvantages of Big Data 1. Need for Skilled Personnel We see data in different forms; it can be categorized into structured, semi-structured, and unstructured data.

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The Future of Database Management in 2023

Knowledge Hut

Disruptive database technologies include, for instance: Blockchain Blockchain is a distributed ledger technology that enables data to be safely stored across several nodes in a decentralized (or sometimes in a centralized) manner. These nodes contain hashed/encrypted information to ensure security at each level.

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Cyber Security vs Data Science: Key Difference & Similarities

Knowledge Hut

Enroll in Knowledge Hut's comprehensive course on Data Science today. Cybersecurity vs Data Science [Head-to-Head Comparison] Cybersecurity and data science are well-paying and in-demand jobs that need a thorough grasp of technology and data security. It is expected to increase by 11% in 2023 and 20% in 2025.