DATA WAREHOUSING IN THE FINANCIAL SERVICES INDUSTRY: CHALLENGES, OPPORTUNITIES, AND REGULATORY CONSIDERATIONS
Keywords:
Data Warehousing, Financial Services, Regulatory Compliance, Data Integration, Customer ServiceAbstract
Data warehousing plays a crucial role in the financial services industry, enabling institutions to manage vast amounts of data, derive valuable insights, and enhance operational efficiency. However, the industry faces unique challenges in terms of data integration, data quality, and scalability. This article explores these challenges and the opportunities presented by data warehousing, such as enhanced risk management, improved customer service, and regulatory compliance. The regulatory landscape, including data privacy, security, and reporting requirements, is also examined. By leveraging realistic data and case studies, this article provides a comprehensive overview of the current state of data warehousing in the financial services industry.
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Copyright (c) 2024 Sadha Shiva Reddy Chilukoori, Shashikanth Gangarapu, Chaitanya Kumar Kadiyala (Author)
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