the credit risk arena
As a result of big data, any institution can track on a continuous basis what is happening in the marketplace, the general feeling or sentiment of the customers and other external factors at play, and hence quickly update portfolio strategy or alter credit policies if so requiredhttps://finxl.in/maharashtra/investment-banking-online-classes-courses-training.html. In the credit risk arena, big data analytics provides more advanced customer profiles on all different dimensions of behavioural data as well as those related to social media and other activities, thereby allowing for more accurate risk scores.