In today's age, different firms face various challenges in financial services and have to experience the impact of graph databases across a number of functions. This ranges from preventing and responding to cyber threats, fighting financial crimes as well as ensuring compliance with evolving regulations.
Key challenges in financial servicesThe constant digitization of processes demands financial services firms evolve their customer engagement strategies. This only allows them to meet rising customer expectations, build closer relationships with customers and thus reduce costs.
Role of Neo4jNeo4j has a database that can quickly and easily find relationships between data points. It also helps you evaluate and effectively manage risks. It is a reliable source that provides secure IT architecture. Through this whitepaper, financial service experts are introduced to a new technology named graph databases which leverages data connections in a very novel manner.
Key Takeaways from Addressing Key Challenges in Financial Services with Neo4j:
- How to manage risks and regulatory compliance
- Ways to secure IT architecture with reliable resources
- How to improve the customer experience
- How to enhance cyber security