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A growing number of banks, insurance companies, investment management firms and other financial institutions are finding creative ways to leverage big data technology. The market size for financial analyticsservices is currently worth over $25 billion. Fortunately, big data is also a boon for cybersecurity as well.
Change Data Capture: The tool also offers change data capture capabilities helpful in replicating data from transactional databases to analytical databases. Change data captures allow you to replicate only the data unavailable in the destination, which speeds up your dataanalytics.
Traditional dataanalytics models often create bottlenecks, relying heavily on overextended IT departments to provide insights, which delays decision-making and limits agility. Adopting a self-serviceanalytics approach with the right tools is the key to overcoming these challenges. Want to learn more?
While many finance leaders plan to address the skills gap through hiring and employee training and development, a significant percentage of leaders are also looking to dataautomation to bridge the gap. Close skills gaps with self-service. Connect to JD Edwards in real time.
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And you’ll be able to complete provisioning faster because data is presented in real-time, without needing to wait on data consolidation or processing. Many tasks require somebody at a keyboard—something that was even more difficult to accomplish with a shifting workforces and remote offices of the post-pandemic world.
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