Tagged: data lakes

DLT Adoption: PARSIQ to Leverage Potential of Data Lakes for Enhanced Blockchain Data Processing with SDK

PARSIQ is pleased to introduce their SDK, a toolkit “to harness the potential of Data Lakes for comprehensive blockchain data processing.” Data Lakes serve as “a custom, application-specific data layer for filtering, aggregation, and analysis of blockchain-scale data contained in the Tsunami data store.” This… Read More

Digital Transformation: Microsoft Azure Cloud Platform to be Used by Canadian Imperial Bank of Commerce

The Canadian Imperial Bank of Commerce (CIBC) (TSE: CM), a multinational banking and financial services corporation headquartered in Toronto, Ontario, has entered a multi-year deal to use Microsoft Azure as its main Cloud platform. The partners noted in the announcement that Microsoft Azure should help… Read More

The Data Revolution has led to Development of New IT Systems for Storing Large Amounts of Unstructured Financial Information

Like many other sectors of the global economy, the financial services industry is experiencing what many consider to be a data revolution. The international banking sector (along with other major industries) generates large amounts of user data when handling hundreds of billions of transactions. Data… Read More

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