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Finance Data Warehouse for Reporting and Analytics

Astera

It serves as the foundation of modern finance operations and enables data-driven analysis and efficient processes to enhance customer service and investment strategies. This data about customers, financial products, transactions, and market trends often comes in different formats and is stored in separate systems.

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How Will The Cloud Impact Data Warehousing Technologies?

Smart Data Collective

In fact, studies by the Gigabit Magazine depict that the amount of data generated in 2020 will be over 25 times greater than it was 10 years ago. Furthermore, it has been estimated that by 2025, the cumulative data generated will triple to reach nearly 175 zettabytes. appeared first on SmartData Collective.

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Automated Credit Risk Assessment: How ETL Is Unlocking Better Investments

Astera

End-to-End Credit Risk Assessment Process The credit risk assessment is a lengthy process where banks receives hundreds of loan applications daily from various channels, such as online forms, email, phone, and walk-in customers. The data pipeline is prone to errors and failures, such as network issues, server downtime, data corruption, etc.

Banking 52
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How to Automate Credit Risk Assessment Framework Using ETL

Astera

Data Loading The IT team configures a secure connection to BankX’s data warehouse using Astera’s Data Connectors. Astera has native connectors for various data warehouses, such as Amazon Redshift, Google BigQuery, or Snowflake, and can also load data into other destinations, such as files, databases, etc.

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OLTP and OLAP: Two Sides of the Same Data Coin?

Astera

This results in efficient data storage and retrieval Optimized for write operations: OLTP systems optimize write operations, allowing them to handle a large number of data inserts, updates, and deletes efficiently.This is critical for applications that require real-time data updates.

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CDC for ETL Process Optimization in Finance Industry

Astera

From managing customer transactions and financial records to dealing with regulatory requirements and risk management, data plays a crucial role in every aspect of banking operations. This data is categorized as big data, a term denoting “large, diverse sets of information that grow at ever-increasing rates.”

Finance 52
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CDC for ETL Process Optimization in Finance Industry

Astera

From managing customer transactions and financial records to dealing with regulatory requirements and risk management, data plays a crucial role in every aspect of banking operations. This data is categorized as big data, a term denoting “large, diverse sets of information that grow at ever-increasing rates.”

Finance 40