New Horizons for a Data-Driven Economy 2016
DOI: 10.1007/978-3-319-21569-3_12
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Big Data in the Finance and Insurance Sectors

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Cited by 32 publications
(10 citation statements)
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“…The role of EDA is to explore graphically data in ways that could reveal structural secrets and to gain new, often unsuspected, insight into the data. The EDA methods discussed align with recent arguments that graphs usually create "pre-attentive" visual processing in the brain, helping to focus on the important message (Camacho et al, 2015;Healey & Enns, 2002;Hussain & Prieto, 2016;Levine, 2018). Cheng et al (2013) and Schwabish (2014) suggest that researchers who want to disseminate their research to a wider audience of non-specialists should think carefully about how to construct effective graphics.…”
Section: Introductionmentioning
confidence: 68%
“…The role of EDA is to explore graphically data in ways that could reveal structural secrets and to gain new, often unsuspected, insight into the data. The EDA methods discussed align with recent arguments that graphs usually create "pre-attentive" visual processing in the brain, helping to focus on the important message (Camacho et al, 2015;Healey & Enns, 2002;Hussain & Prieto, 2016;Levine, 2018). Cheng et al (2013) and Schwabish (2014) suggest that researchers who want to disseminate their research to a wider audience of non-specialists should think carefully about how to construct effective graphics.…”
Section: Introductionmentioning
confidence: 68%
“…The world of finance is no exception. Big data has also had a deep impact on the finance sectors, as well as in other fields of social sciences [46,[51][52][53][54]. Big data is playing a key role in the development of the financial sector, as in internet-based banking or other financial services, such as risk analysis, credit rating, the management of financial resources and products, and automated trading and clearing, which have greatly benefited from its use.…”
Section: Resultsmentioning
confidence: 99%
“…The discussion presented above is based on the various extents of business. Some studies [45][46][47] have focused on different areas of financial services, but the contributions to this issue have not yet been expanded upon enough. Our current study intends to enlarge big data's contribution to finance.…”
Section: Literature Reviewmentioning
confidence: 99%
“…As an information business, finance has long been data driven (Hussain & Prieto, 2016). Data, information and knowledge can be understood as different hierarchical layers (Kitchin, 2014), in which each layer is differentiated by distilling it through reduction, abstraction, processing, organizing, analysis and interpretation, to reveal relationships and truth, thus adding meaning and value.…”
Section: Financial Data and Informationmentioning
confidence: 99%