Efficient Large-Scale Data based on Big Data Framework using Critical Influences on Financial Landscape
Keywords:
Devops, Transformation, Industry 4.0. Big Data, Artificial IntelligenceAbstract
One of the most recent commercial and technological concerns in the technological era is big data. Hundreds of millions of events occur on an ongoing basis. The financial sector is significantly involved in the computation of big data events. As a result, hundreds of millions of financial transactions occur in the financial industry each day. Financial practitioners and analysts perceive it as an emerging challenge in the data administration and analytics of a variety of financial products and services. In addition, financial services and products are significantly affected by big data. Determining the financial concerns that big data significantly affects is, thus, an important topic to research with the impacts. This paper used these concepts to show the current state of finance and how big data affects financial markets, institutions, internet finance, financial management, internet credit service companies, fraud detection, risk analysis, financial application management, and more. The connection between big data and economic aspects can be better understood by doing an exploratory literature review of secondary data sources. Because big data in finance is a relatively new concept, further research directions will be proposed at the end of this study.
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