Financial Regulations
Using Data Analysis for Competitive Strategy
The Future of Data Mining in Business
Comprehensive Reporting for Decision Making
Predicting Economic Changes
Corporate Governance
Business Reporting
Big Data Risks
Big Data Implementation 
Case Study 3:
Financial Services A financial institution leveraged big data to detect fraudulent transactions in real time
...Data Privacy
Regulations: Compliance with regulations like GDPR will drive organizations to prioritize data governance
...
Using Data Analysis for Competitive Strategy 
Financial Services In the financial sector, data analysis is crucial for risk management, fraud detection, and customer segmentation
...Data Privacy: Ensuring compliance with data privacy
regulations is crucial for maintaining customer trust
...
The Future of Data Mining in Business 
Ethics As data mining practices evolve, so do concerns around data privacy and ethical use of data, prompting stricter
regulations and guidelines
...Fraud Detection: Identifying unusual patterns that may indicate fraudulent activity in
financial transactions
...
Comprehensive Reporting for Decision Making 
Financial Reports Provide insights into the financial health of the organization
...Compliance Reports Ensure adherence to
regulations and standards
...
Predicting Economic Changes 
Key Concepts in Predictive Analytics Data Collection: Gathering relevant data from various sources such as
financial reports, market surveys, and economic indicators
...and understanding these can enhance the accuracy of predictive models: Government Policies: Taxation, subsidies, and
regulations can significantly impact economic conditions
...
Corporate Governance 
Regulatory Compliance: Ensures compliance with laws and
regulations, reducing the risk of legal issues
...Transparency: Providing timely and accurate information regarding the company’s
financial performance and governance practices
...
Business Reporting 
Financial Reports: These reports focus on the financial performance of a business and are often prepared quarterly or annually
...Regulatory Reports: These reports are required by government agencies to ensure compliance with laws and
regulations ...
Big Data Risks 
Data Breaches: Unauthorized access to sensitive data can lead to significant
financial and reputational damage
...Compliance Issues: Organizations must comply with various
regulations such as GDPR and CCPA, which impose strict guidelines on data handling
...
Data Governance Assessment for Compliance 
refers to the systematic evaluation of an organization’s data governance practices to ensure adherence to relevant laws,
regulations, and standards
...limited to: General Data Protection Regulation (GDPR) Health Insurance Portability and Accountability Act (HIPAA)
Financial Services Modernization Act (Gramm-Leach-Bliley Act) California Consumer Privacy Act (CCPA) Importance of Data Governance Assessment Conducting a data governance
...
Adapting to Change Through Data Analysis 
Regulatory Changes New laws and
regulations can impact business operations significantly
...Financial Services Financial institutions leverage data analysis for risk management, fraud detection, and customer segmentation
...
Nebenberuflich (z.B. mit Nebenjob) selbstständig u. Ideen haben
Der Trend bei der Selbständigkeit ist auf gute Ideen zu setzen und dabei vieleich auch noch nebenberuflich zu starten - am besten mit einem guten Konzept ...
Nebenberuflich selbstständig 
Nebenberuflich selbständig ist, wer sich neben seinem Hauptjob im Anstellungsverhältnis eine selbständige Nebentigkeit begründet.