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BrandPost: Fintech Mines the Deep Wealth of Data for an Extra Edge

For commercial banks, investment firms and insurance companies, investment can be driven by intense competition to make smarter, faster decisions that reduce risks and increase rewards. Financial Services organizations have long used high-performance computing (HPC) to gather and process their deep wealth of data.

As HPC becomes more pervasive and innovation becomes more critical, many Financial Services Institutions (FSIs) are using it to fuel artificial intelligence (AI) and machine learning (ML) for deep, fast and intelligent data analytics that can give them an extra edge. These companies are embracing AI across a broad range of financial decisions — from faster trades to better risk analysis and fraud detection.

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