Big Data in Finance

Authors

  • Jayanta Kumar Seal Associate Professor, Indian Institute of Foreign Trade, Kolkata
  • Pulak Ghosh Professor, Indian Institute of Management, Bangalore

DOI:

https://doi.org/10.33516/maj.v54i5.14-19p

Keywords:

No Keywords

Abstract

Finance has always been a data driven subject with financial institutions like banks, insurance companies, mutual funds, credit rating agencies as well as regulators are collecting and analyzing huge amount of data for taking meaningful decisions. Undoubtedly, the application of big data together with technology sophisticated analytics has brought a new dimension in the financial markets as well as in different financial services and seems to bring further changes in the near future.

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Published

2019-05-09

How to Cite

Seal, J. K., & Ghosh, P. (2019). Big Data in Finance. The Management Accountant Journal, 54(5), 14–19. https://doi.org/10.33516/maj.v54i5.14-19p

Issue

Section

Cover Story

References

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Manyika, J. et al. (2011). Big Data: The next frontier for innovation, competition, and productivity. McKinsey Global Institute, McKinsey & Co.

Mayer-Schönberger, V., &Cukier, K. (2014). Big Data: A revolution that will transform how we live, work, and think. London: John Murray.

Moorthy, J., Lahiri, R., Biswas, N., Sanyal D., Ranjan, J., Nanath, J., Ghosh, P (2015), Big data: Prospects and Challenges, Vikalpa, 40(1), 74-96.

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Siegel, E. (2013). Predictive analytics: The power to predict who will click, buy, lie, or die. Hoboken, New Jersey: John Wiley & Sons.

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