Financial Regulations
Analytics
Creating Value with Big Data Analytics
Data Mining for Business Risk Mitigation
Security
Big Data Strategy
Issues
Reports
Profit Maximization 
Financial Metrics Monitoring financial metrics is vital for assessing profitability
...Regulatory Constraints: Compliance with
regulations can increase operational costs and affect pricing strategies
...
Analytics 
Financial Analytics: Assessing financial performance and risk management through data analysis
...Data Privacy: Organizations must navigate
regulations and ethical considerations regarding data collection and usage
...
Creating Value with Big Data Analytics 
Data Privacy: Ensuring compliance with data protection
regulations while analyzing customer data can be complex
...Financial Services Financial institutions leverage big data analytics for fraud detection, risk assessment, and customer segmentation
...
Data Mining for Business Risk Mitigation 
Identifying potential fraud cases in
financial transactions
...Privacy Concerns: Organizations must navigate data privacy
regulations while utilizing customer data for risk analysis
...
Security 
Data Breaches and Their Impact Data breaches can have severe consequences for organizations, including:
Financial Loss: Costs associated with breach remediation, legal fees, and potential fines
...Legal Consequences: Non-compliance with data protection
regulations can result in legal actions
...
Big Data Strategy 
Data Governance Establishing policies and procedures to ensure data quality, privacy, and compliance with
regulations ...Financial Services A financial institution leveraged big data to enhance fraud detection
...
Issues 
Key issues include: Data Breaches: Unauthorized access to sensitive data can lead to significant
financial and reputational damage
...Compliance with
Regulations: Adhering to laws such as GDPR and HIPAA is critical for avoiding legal penalties
...
Reports 
Financial Reports: These reports present financial data, including income statements, balance sheets, and cash flow statements
...Compliance and Accountability: Financial and operational reports ensure compliance with
regulations and enhance accountability within the organization
...
Data Mining Frameworks for Analysis 
Financial Services Data mining is crucial for risk assessment, fraud detection, and credit scoring in the financial sector
...Privacy Concerns: Handling sensitive data requires compliance with
regulations like GDPR, which can limit data usage
...
Big Data and Cybersecurity Challenges 
Data breaches can lead to: Loss of customer trust Legal repercussions
Financial losses 2
...result in: Inconsistent data quality Inability to track data lineage Difficulty in enforcing compliance with
regulations 3
...
Nebenberuflich (nebenbei) selbstständig m. guten Ideen
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 ...