5 Reasons to Deploy WekaFS for High Velocity Analytics in Financial Services
Financial Services institutions, including wealth management, insurance, and credit card companies, retail banks, and investment brokerages, are leveraging new technologies and algorithms to gain competitive advantage. Financial technology (Fintech) allows companies to differentiate their service offerings from the competition and attract new investments. Computers are superior to humans in analyzing vast amounts of data for better investment strategies and risk mitigation. The companies that can run more complex models with more data faster than the competition are the winners.