forget big data

36
Forget Big Data

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Post on 17-Jul-2015

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TRANSCRIPT

Forget Big Data

Consumer Web

Investments

Are Dying

Financial

Services

Engineerin

g

&

Product

FinanceVs

Experience Gross MarginVs

New Opportunities

Short Term Consumer Loans

Instant Business Loans

Frictionless Payments

Instant Underwriting Gateways

RISK

Default

Fraud

Abuse

Account Take Over

Stolen and Fake Identities

Compromised Devices

BIG

DATA

There Is No (Need For) Big

Data

“Small Data”

FraudSciences, Klarna

Your Data

Will Not Be Big

3TB Isn’t Big Data

Data Set Fragmentation

Dirty Performance Flag

Signal:Noise

Model Development

Practices

Adversaries

Operations = Key

27% Reviews??

Domain Experts

Who Are They?

Not Customer Care

Agents

Not Engineers

Not Data Scientists

Story-Tellers

What Will They Do for

You?

Close The Gap

Root Cause Analysis

and Tagging

Variable and Data

Source

Lead Generation

Performance Validation

Give Them Force

Multipliers

Review GUI

Rules Engine

Data Access

Questions?