A Comprehensive Survey on Applications of Big Data in the Financial Industry

DOI

10.2991/assehr.k.211209.053How to use a DOI?

Keywords

Big Data; data analysis; financial industry; business integration; information security

Abstract

Big data (BD) is a general term for data with large volume, multiple sources, fast processing speed, and huge application value. Nowadays, BD has become one of the priority businesses in most industries. However, research documents and reference materials about applications of BD in the financial industry are disperse and it is difficult for scholars to learn and compare them in different businesses. This paper mainly focuses on the overview of applications of BD in the financial industry and introduces the applications of BD in risk control, customer value management, precision marketing and other aspects. This paper also introduces the applications of BD in different specific businesses in the financial business including banking, securities, and insurance. Finally, this paper summarizes application challenges and development trends of the applications of BD in the financial industry and gives some relevant suggestions for both scholars and industries to refer to.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Jiuyi Xu
PY  - 2021
DA  - 2021/12/15
TI  - A Comprehensive Survey on Applications of Big Data in the Financial Industry
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 311
EP  - 315
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.053
DO  - 10.2991/assehr.k.211209.053
ID  - Xu2021
ER  -