INFOGRAPHIC: Big Data and Financial Services

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More than half of financial services organizations have or are considering a big data strategy, according to a recent survey of financial services executives by IQPC, the parent company of PEX Network. Reducing risk and improving operational management tops the list of drivers of big data for financial services companies with over 58% citing this as one of the core drivers.

Download this infographic for a visual depiction of the survey's key findings, including:

  • In 63% of organizations with or considering a big data strategy, the project is owned by IT
  • 84% of financial services organizations cited budget constraints as a barrier to big data 80% of respondents cited lack of clarity around what to do about big data as a barrier