The Digital Journey of Banking and Insurance, Volume III: Data Storage, Data Processing and Data Analysis

by Volker Liermann (Editor), Claus Stegmann (Editor)

Overview

This book, the third one of three volumes, focuses on data and the actions around data, like storage and processing. The angle shifts over the volumes from a business-driven approach in “Disruption and DNA” to a strong technical focus in “Data Storage, Processing and Analysis”, leaving “Digitalization and Machine Learning Applications” with the business and technical aspects in-between. In the last volume of the series, “Data Storage, Processing and Analysis”, the shifts in the way we deal with data are addressed.

Product Details

ISBN-13:	9783030788216
Publisher:	Palgrave Macmillan
Publication date:	10/27/2021
Sold by:	Barnes & Noble
Format:	eBook
File size:	22 MB
Note:	This product may take a few minutes to download.

About the Author

Volker Liermann, Partner at ifb group, worked in the banking industry for over two decades, primarily focusing on financial risk management. Throughout his career, he has focused on developing integrated and comprehensive frameworks to help organizations correctly project risk at a strategic and tactical line of business and departmental level. He has also focused on developing frameworks to integrate stress testing and regulatory stress tests. In recent years, his focus has shifted to digitalization, machine learning and digital processes including improvements to classical financial and non-financial risk management. He has a background in economics and a degree in mathematics from the University of Bonn.

Claus Stegmann has as Co-CEO of ifb group – an international consulting firm – acquired extensive know-how over the last three decades in the financial industry regarding finance transformation, risk management and regulatory compliance. He is intensively engaged with the current challenges of the financial industry, which result from strong changes to customer behavior, a changing competitive environment and new technologies due to digitalization. He has also co-authored books on Stress Tests in Banks, Basel III as well as Digitalization in the Finance Industry, and graduated from Business School at the University of Passau, Germany.

Table of Contents

Part I. Big Data and Special Databases.- Chapter 1. Data Lineage.- Chapter 2. Digitization and MongoDB – The Art of Possible.- Chapter 3. Graph Databases.- Chapter 4. Data Tiering Options with SAP HANA and Usage in a Hadoop Scenario.- Part II. Streaming.- Chapter 5. Kafka – Real-Time Streaming for the Finance Industry.- Chapter 6. Architecture Patterns – Batch&Real-Time Capabilities.- Chapter 7. Kafka – A Practical Implementation of Intraday Liquidity Risk Management.- Part III. Data: A View on Meta Aspects.- Chapter 8. Data Sustainability – A Thorough Consideration.- Chapter 9. Special Data for Insurance Companies.- Chapter 10. Data Protection – Putting the Brakes on Digitalization Processes? - Part IV. Distributed Ledger.- Chapter 11. Digital Identity Management – for Humans Only? - Part V. Machine Learning and Deep Learning.- Chapter 12. Overview Machine Learning and Deep Learning Frameworks.- Chapter 13. Methods of Machine Learning.- Part VI. Summary.

What People are Saying About This

From the Publisher

“Virtually all financial institutions have embarked on ambitious digital journeys, both to provide better products and customer experience more efficiently and in response to the threat of industry disruption by FinTech competitors. There is no doubt that there will be winners, and there will be losers. I am convinced that The Digital Journey of Banking and Insurance series is indispensable reading for the future winners.” (Thomas C. Wilson, CEO, President and Country Manager at Allianz Ayudhya)

“Data Storage, Processing, and Analysis, the last volume of The Digital Journey of Banking and Insurance, gives in-depth insights into technological aspects which is essential for successful digital transformation.” (Dr. Carsten Stolz, CFO Baloise Group)

“Technological aspects are essential for successful digital transformation and so I like to get in-depth insights by Data Storage, Processing, and Analysis, the last volume of The Digital Journey of Bankingand Insurance.” (Gerhard Lahner, COO of Vienna Insurance Group)

“We do remember when we started our digital journey, but we do not know when it will be over. Therefore, we are definitely in the middle. The book series The Digital Journey of Banking and Insurance is a must-read for of all of us.” (Christian Peter Kromann, CEO, SimCorp)

“Although the subjects described in this book are technical, the authors find a way to explain them in a comprehensible way. An up-to-date book for this subject.” (Bernhard Hodler, Former CEO Julius Baer Group)