2023
DOI: 10.1007/s13132-023-01607-z
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Knowledge Management and Data Analysis Techniques for Data-Driven Financial Companies

Galena Pisoni,
Bálint Molnár,
Ádám Tarcsi

Abstract: In today’s fast-paced financial industry, knowledge management and data-driven decision making have become essential for the success of financial technology (FinTech) companies. Big data (BD) is a prevalent phenomenon that can be found across many industries, including finance. Despite its complexity and difficulty to comprehend, big data is a critical component of financial services enterprises and technology architectures. We examine BD from various aspects, considering data science (DS) techniques and metho… Show more

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Cited by 4 publications
(2 citation statements)
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“…Companies that have invested in digital innovation in recent years now find themselves in need of an alignment of their internal competencies to optimize return on investment, recognising that they need to adapt rapidly to new market conditions (Abele et al, 2015) and adapt to a data-driven approach to decision-making (Tiwari & Raju, 2022) using data and data analytics to inform business decisions (Pisoni et al, 2023).…”
Section: Digital Transformationmentioning
confidence: 99%
“…Companies that have invested in digital innovation in recent years now find themselves in need of an alignment of their internal competencies to optimize return on investment, recognising that they need to adapt rapidly to new market conditions (Abele et al, 2015) and adapt to a data-driven approach to decision-making (Tiwari & Raju, 2022) using data and data analytics to inform business decisions (Pisoni et al, 2023).…”
Section: Digital Transformationmentioning
confidence: 99%
“…This process involves the use of cognitive information systems, collaborative tools, and knowledge-based agents to facilitate effective decision-making. By employing advanced techniques such as deep learning and ML, organizations are able to process and analyze large sets of data, thereby generating valuable insights and information that are crucial for informed decision-making (Pisoni et. al., 2023).…”
Section: Introductionmentioning
confidence: 99%