Case Study on Transforming Financial Decision-Making with Big Data and Advanced Analytics

This case study examines the transformative impact of big data, artificial intelligence (AI), and machine learning (ML) on financial decision-making. These technologies enable more informed, data-driven investment strategies and improved risk management by providing real-time insights and predictive analytics. While they enhance key performance metrics such as return on investment (ROI) and portfolio stability, challenges remain. Issues like data quality, skill gaps, and regulatory compliance hinder seamless integration. Addressing these challenges is essential to fully unlocking the potential of advanced analytics in the finance sector.

Authors

Publication Details

Journal
International Journal For Multidisciplinary Research
Published
2024-10-23
DOI
https://doi.org/10.36948/ijfmr.2024.v06i05.29218
Citations
1
Primary Topic
Impact of AI and Big Data on Business and Society
Type
article
Field-Weighted Citation Impact
0.49
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article

Case Study on Transforming Financial Decision-Making with Big Data and Advanced Analytics

A - Akshay, Stephen Harris, Bharathi V Kalmath -, Y - Shivshankarachar et al.
1 citations
International Journal For Multidisciplinary Research
Impact of AI and Big Data on Business and Society
0.49
article

Case Study on Transforming Financial Decision-Making with Big Data and Advanced Analytics

A - Akshay, Stephen Harris, Bharathi V Kalmath -, Y - Shivshankarachar, V P - Kruthi
article en
1 citations

Abstract

This case study examines the transformative impact of big data, artificial intelligence (AI), and machine learning (ML) on financial decision-making. These technologies enable more informed, data-driven investment strategies and improved risk management by providing real-time insights and predictive analytics. While they enhance key performance metrics such as return on investment (ROI) and portfolio stability, challenges remain. Issues like data quality, skill gaps, and regulatory compliance hinder seamless integration. Addressing these challenges is essential to fully unlocking the potential of advanced analytics in the finance sector.

International Journal For Multidisciplinary ResearchVol. 6(5)
Peace, Justice and strong institutions
Openalex Percentile: Top 30%
Impact of AI and Big Data on Business and Society
0.49
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