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How to manage Big Data in Banking and Financial Services?

The Banking and Financial Services Industry(BFSI) has undergone many changes over the past few years, leading to increased use of Big Data technologies. Banking and Financial Service companies are now adopting big data technologies to improve their services and customer satisfaction. 

Using information generated from the large volume of structured and unstructured data, companies can learn more about their consumer’s needs and use it to deliver them to the customer and succeed over other companies in that space. Big Data management can help Banking and Financial services to improve risk management through real-time insights into customer behavior.