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How Big Data Impacts The Finance And Banking Industries

Smart Data Collective

Nowadays, terms like ‘Data Analytics,’ ‘Data Visualization,’ and ‘Big Data’ have become quite popular. In this modern age, each business entity is driven by data. Data analytics are now very crucial whenever there is a decision-making process involved. The Role of Big Data. The Underlying Concept.

Banking 363
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4 Ways Big Data Systems Are Informing The Fight Against COVID-19

Smart Data Collective

Databases and data visualization platforms have helped hospitals track and predict critical supply use patterns, which can mean the difference between enough ventilators or even enough ICU beds and a devastating shortage. Local Looks At Data. COVID-19 is being fought at many levels.

Big Data 358
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Whose job is it anyway?

ElegantJ BI

We have people who deal with banks, customers and systems. I remember years ago the union of the Communist Party of India in the Public Sector Banks in India went on strike against computerization. If you look at the shape of banking today, we can eventually look at only decision makers sitting at the front desk.

Banking 195
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What is the Decision Tree Analysis and How Does it Help a Business to Analyze Data?

ElegantJ BI

Let’s look at two examples: Based on the historical data related to credit card payments, loan payments, delinquency rate, outstanding balance we want to classify/divide the customers into those who default and those who do not default. a bank needs to classify customers into those that will default and those that will not default.

Banking 162
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10 Tips to Visualize Data Like a Pro

Juice Analytics

Have you nailed all the data visualization basics? You confidently pick the right kind of chart based on what you want to emphasize in the data; ?You Bold colors with inverted text color Readability in your data visualizations is critical. The (mostly) accepted theory is “banking 45º”. Stuff like… ?You

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What is Binary Logistic Regression Classification and How is it Used in Analysis?

ElegantJ BI

Use Case – 1 Business Problem: A bank loans officer wants to predict if loan applicants will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installments, employment tenure, how many times has the applicant been delinquent, annual income, debt to income ratio etc.

Logistics 130
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What is Binary Logistic Regression Classification and How is it Used in Analysis?

ElegantJ BI

Use Case – 1 Business Problem: A bank loans officer wants to predict if loan applicants will be a bank defaulter or non defaulter based on attributes such as loan amount, monthly installments, employment tenure, how many times has the applicant been delinquent, annual income, debt to income ratio etc.

Logistics 130