More Related Content Similar to Financial Data Analytics with Hadoop (20) More from Chicago Hadoop Users Group (19) Financial Data Analytics with Hadoop1. Datameer in Financial Services!
© 2012 Datameer, Inc. All rights reserved.
© 2012 Datameer, Inc. All rights reserved.
2. Datameer in Financial Services!
Datameer’s customers have derived benefits
around:!
• Data Quality for improving confidence in
source systems for Compliance and risk!
• Asset movement and application analytics for
SLA and pricing controls!
• Fraud analytics to reduce losses and cost of
anti fraud efforts!
• Risk profiling for Value at Risk and Credit Risk!
• Operations and Living Archival cost reduction!
© 2012 Datameer, Inc. All rights reserved.
3. Data Quality & Compliance!
Focus: Profiling!
! Use profiling techniques to assess and score of client accounts!
! Run complex data quality rules and models!
! Build exception reporting!
Focus: Data Quality!
! Enable data stewards to run ad hoc analysis and dashboards!
! Trace Data lineage through transformations and quality checks for
audit trail automatically!
! Drive iterative processes to refine data and improve confidence in
numbers being reported to regulatory bodies for concerns like Basel
III and Dodd-Frank!
! Net result: reduce risk and cost!
!
© 2012 Datameer, Inc. All rights reserved.
4. Internal Asset Movement!
Focus: Institutional Risk
! Identify departmental asset movement
• Actual “Rogue Trader” identified using Datameer
! Craft an early-warning system for future detection
! Aggregate sources and correlate
! Net result: reduced risk
© 2012 Datameer, Inc. All rights reserved.
5. SLA Analytics!
Focus: Infrastructure and Service Performance
! Companies are using Datameer to aggregate all logs to Hadoop
! Transform log-data into actionable insight into IT systems
performance
! Measure conformance to existing SLA’s
! Reduce the batch window
! Net result: reduced costs
© 2012 Datameer, Inc. All rights reserved.
6. Security & Fraud!
Focus: Client protection
! Run statistical models against customer profiles
! Detect anomalies with pattern-recognition algorithms
! Identify and investigate identity theft
! Detect and prevent fraud
! Protect customer assets
! Net result: protected customers
© 2012 Datameer, Inc. All rights reserved.
7. Client Risk Profiling!
Focus: Bank Assets
• Identify profile-scoring features in loans and mortgages
• Build qualifying models with Datameer
• Test models against existing data
• Provide recurring reports
Focus: Client Assets
• Monitor risk across product offerings for all client assets
• Develop common base of client characteristics for models
• Analyze risk types: default, liquidity, attrition risk
• Monitor: transactions, web, email, chats and call logs (all of the
different ways clients interact with the bank)
! Net result: correlation and increases agility
© 2012 Datameer, Inc. All rights reserved.
8. Operational Archiving!
Focus: Compliance and cost reduction
• Eliminate expensive taping and re-taping
• Keep records living for analytics
▶ Increase from 6 months of available data
• Improve Disaster Recovery
! Net result: Two orders of magnitude in archival cost reduction
and improvement of business’ ability to use that data
© 2012 Datameer, Inc. All rights reserved.
9. Dark Pools and Cost Savings
Focus: Trade and Partner Analysis
! Financial Institutions often hold large positions that they want to trade
in ways that don't affect public markets
! Dark pools are private venues that enable trading for this practice
! It’s a Big Data problem
• Large volumes
• High velocity
• Low visibility
!
© 2012 Datameer, Inc. All rights reserved.
10. All talk, little action!
Financial Information eXchange (FIX)
Header
indica&on
of
interest,
ac&on
(quote/buy/sell/fulfill),
“symbol”,
“quan&ty”,
“price”
Footer
© 2012 Datameer, Inc. All rights reserved.
11. A Second in the life…!
© 2012 Datameer, Inc. All rights reserved.
12. Analyze Order Families!
Instrument
buy
sell
Vendor
Time
cancel
Order
Family
Analysis
© 2012 Datameer, Inc. All rights reserved.