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
- A - Akshay
- Stephen Harris (ORCID: https://orcid.org/0000-0002-4422-612X)
- Bharathi V Kalmath -
- Y - Shivshankarachar
- V P - Kruthi
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