|By PR Newswire||
|September 3, 2012 01:01 AM EDT||
LONDON, September 3, 2012 /PRNewswire/ --
Leaders within data analytics, storage and compliance are coming together to discover the ways in which they can use data to their advantage at the Big Data Analytics for Financial Services event this November.
The volume of data that is created everyday continues to develop at a rapid pace, and poor data can cost businesses 20%-35% of their operating revenue. As Ian Worley, Executive Director, Morgan Stanley and speaker at the event, said, "The problems companies face in the age of Big Data will not be technical (in terms of collection, storage or manipulation)…they will be cognitive: How to discover and make sense of the patterns in data in order to find competitive advantage."
PEX Network's first Big Data Analytics for Financial Services event will enable organisations to find their competitive advantage, with presentations from industry leaders who have already begun their 'Big Data' Strategy including:
- Alan Grogan, Director of Analytics & Value Optimisation at Royal Bank of Scotland Group explores possible ways to classify data and how to store it in sub sets so that it becomes useful
- Michael Paisley, Head of Operational Risk at Santander will address the concerns that have been created within the Financial Services industry and how can to minimise the chances of a security breach
- Ian Worley, Executive Director, ISGT at Morgan Stanley will discuss some of the challenges of transforming data into information and the need to create tools and visualisations that help drive cognitive performance and decision-making
- Jagdeep Singh Bhambra PhD, Head of Software Development at Financial Times will consider if you can use Big Data to proactively minimise risks and comply with regulations?
Focused on being an intimate knowledge exchange opportunity, Big Data Analytics for Financial Services contains a mixture of workshops, presentations, case studies, panel sessions and BrainShare sessions to allow you to learn from your peers in the room, as well as the experts on the stage.
Press are invited to attend this important industry forum, if you would like a complimentary press pass please email Nishkala Thiru at Nishkala.Thiru@iqpc.co.uk