Big data emerging in financial services

While the benefits of big data are well understood for compliance and fraud prevention, the technology can also deliver very useful insights into customer behaviour. Read More:

Singapore’s central bank sets up dedicated data analytics team

Singapore’s central bank has set up a dedicated data analytics team to strengthen its position in the global financial industry. Read more:

Google’s big chance to disrupt the market data industry

Google could disrupt the financial services using a freemium model for the delivery of market news, insights and communications direct to professionals. Read more:

CityFALCON smashes through crowdfunding target

London financial news and intelligence platform CityFALCON has hit its £150,000 crowdfunding target in less than a month. Read more:

FinTecSystems swipes Series A round for real-time data

FinTecSystems, a Munich-based provider of real-time financial data, has closed a Series A round.

Open source data: The last FinTech frontier

In the early days, programmers and software developers shared their creations learned from each other and advanced computing. Read more:

Fund data platform fundinfo lands HgCapital investment

Fund data and documents platform fundinfo has closed an investment from HgCapital’s Mercury Fund. The financial terms of the deal are undisclosed. Read more:

EU financial regulators say more rules are needed for Big Data

Additional rules may be needed to monitor growth in Big Data which could pose security, privacy and accountability risks. Read more:

Data risk management firm Privitar lands £3m in funding

Privacy-enhancing software company Privitar has landed £3m in a round from Illuminate Financial Management, with follow-up funding from existing investors. Read more:

Big data, big opportunities for insurance

Insurers have to be upfront with consumers that there are risks involved, but remain open about how they plan on using their data - leaving no room for doubt. Read more: