"Big data" is a hot topic right now. It's clear that companies and government entities are collecting more and more information every year about both the external environment and their internal operations. This, in turn, is driving increased sophistication of data analytics technologies, which have the potential to turn big data into insights. But it's not necessarily clear how specific corporate functions can utilize big data to improve their value to the organization.
Treasury & Risk sat down with Brian Loughman, Americas leader in the Fraud Investigation and Dispute Services practice at EY, LLP, and Scott Keipper, principal and reporting lead for the Americas Enterprise Intelligence practice at EY, LLP, to explore the opportunities for corporate treasury, finance, and risk management functions to put big data to work.
T&R: First of all, what does the term 'big data' mean in a corporate setting?
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