Clarity Insights Blog

What we can learn from Capital One anti-money laundering probe

on Aug 14, 2017 11:20:54 AM By | Mark Lewis | 0 Comments | Financial Services Big Data Advanced Analytics Risk Management fraud
Of all the pressing concerns facing the financial services industry today, fraud prevention may be the most difficult to get right. As technology gets more advanced, fraudsters become more sophisticated, taking advantage of new weaknesses and scamming financial firms and their customers for massive sums of money. On average, organizations lose five percent of their annual revenue due to fraud each year, according to the Association of Certified Fraud Examiners.
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SAP HANA & Hadoop - Is Your Data Hot or Not?

on Aug 10, 2017 6:20:00 AM By | Rahul Easwar | 0 Comments | Hadoop Big Data SAP HANA
Buzzwords such as Big Data, In-Memory, Hot Data and Cold Data inundate our world, but what do these words really mean and how does it impact your landscape?
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Check out our Spark Application Quick Tune Guide

on Aug 9, 2017 6:00:00 AM By | James Barney and Jugal Patel | 0 Comments | Big Data Apache Spark
Apache® Spark™ is a massively parallel processing framework engine that enables businesses to consume and process more data faster than ever before. It is not only more affordable than traditional ETL tools, but can also significantly decrease the time from which data is generated to when it can actually start providing business value.
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Take fraud prevention to the next level with advanced analytics

on Aug 7, 2017 6:17:00 AM By | Mark Lewis | 0 Comments | Financial Services Insurance Advanced Analytics Risk Management fraud
Fraud continues to be a thorn in the sides of banks, financial firms and insurance companies everywhere. As technology becomes more advanced, fraudsters grow more sophisticated right along with it.
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Domestic Sourcing: Why Clarity is 100% Onshore

on Aug 3, 2017 6:00:00 AM By | Callie Wheeler | 0 Comments | Big Data Advanced Analytics outsourcing consultancy
Outsourcing’s American counterpart--domestic sourcing--is in the news. After years of hiring offshore workers to augment staff and cut labor costs, businesses are recognizing onshore talent is worth the investment.
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Actuaries positioned to embrace powerful predictive analytics

on Jul 31, 2017 6:31:00 AM By | Mark Lewis | 0 Comments | Healthcare Insurance Actuaries Predictive Analytics
Perhaps no one appreciates uncertainty and risk like an actuary. The cornerstone of the insurance industry, actuaries spend all day, every day combing through data and breaking down the probabilities associated with certain events.
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The cyber threat front line: Where operational risk meets cyber security

on Jul 24, 2017 6:17:00 AM By | Mark Lewis | 0 Comments | Financial Services data modeling Operational Risk cyber security
Operational risk has always been a cause of deep concern for financial services firms, but the ever-increasing threat of cyber security vulnerabilities has only made things more complicated. Banking institutions continue to be prime targets for hackers and other external, malicious actors. 
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Clarity’s Meltem Ballan on Big Data Recognition Technology

on Jul 20, 2017 6:30:00 AM By | Meltem Ballan | 0 Comments | Machine Learning Big Data Image Recognition
Clarity’s own Dr. Meltem Ballan, data scientist, was recently featured in a piece on big data image recognition technology for TheServerSide.com, a JavaScript online community. Drawing on her expertise in the advances in image recognition using machine learning, Ballan’s over 20 years of experience in the field provide context and insight into this “next frontier.”
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Preventing Fraud, Waste and Abuse in Health Care

on Jul 19, 2017 6:25:00 AM By | Callie Wheeler | 0 Comments | Healthcare Big Data abuse fraud
Fraud, waste and abuse (FWA) in health care isn’t slowing down. In fact, the FBI estimates about 10 percent of health care costs are fraudulent or wasteful. Wondering how much that adds up to every year? About $330 billion.
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