Banking on Hadoop: 7 Use Cases for Hadoop in FinanceBanking on Hadoop: 7 Use Cases for Hadoop in FinanceSmartData Collective. Hadoop is present in nearly every vertical today that is leveraging big data in order to analyze information and gain competitive advantages.
Many financial organizations firms are already using Hadoop solutions successfully and the ones who are not have plans to do so. If they don’t, they risk enormous market share loss. Following are a few of the most intriguing and essential big data and Hadoop use cases. Fraud detection: Fraud, financial crimes and data breaches are some of the most costly challenges in the industry. Finance / Economics Blogs / resources. Diary of a Mad Hedge Fund Trader. On a long enough timeline the survival rate for everyone drops to zero. Interfluidity. Financial Armageddon. Across the Curve.