Predictive Case Based Reasoning

Despite heavy investment in data management and monitoring platforms, the financial services industry still lacks real-time operational intelligence to enable better business decision-making and prevent systems and service failures and catastrophic trading errors. These outages expose institutions to undue risk and compliance violations that can cost organizations millions of dollars in financial losses and regulatory fines. They also undermine investor confidence and damage firm reputation. Modern financial markets have become more complex that ever fueled by the globalization of capital markets, including a variety of new securities, derivatives and indexes, the evolution of high-frequency trading platforms with millisecond execution windows, more stringent regulations and higher levels of interconnection among different players. This increased complexity is overwhelming legacy systems, resulting in overlooked information and missed opportunities to uncover hidden patterns, relationships and dependencies.