How does Hadoop fit into the Analytical Enterprise?

As described in a previous post, an Analytical Enterprise is one that leverages data to its advantage. This includes the hard-to-tame “Big Data”, which is too awkward to be managed by traditional means. To support this mining of Big Data, a slew of new technologies has arisen. The most talked about is Hadoop. But what…


Banking on an Uncertain Future – BAI 2011

President Clinton’s keynote speech at BAI this week reminded that this is an exciting time to be living thanks to advances in technology, but the world remains unstable. Uncertainty seemed to be in the minds of many delegates to the BAI conference this year as the banking industry struggles to recover from the shock waves…

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Banking at the Crossroads

History tells us there are certain watershed moments. Banking is going through such a phase. After decades of building systems around products, the industry must now build technology around customers, and, in particular customer relationships. Also, the conversation with customers is changing from complex instruments to simpler products like value based checking. Banking is going…

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Living on the Edge of Exponential Change

Our future looks grim.  The economic situation is dire with little relief in sight. But short term gloom conceals deeper shifts in an ever-changing environment. The future may be much brighter than it seems. There have been many turning points throughout history when breakthroughs in technology brought about huge changes in society. From the spinning…

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The Smartphone Wars

It’s been almost fifty years since Maxwell Smart, Agent 86, goof-balled the mobile phone into the popular imagination when he used his shoe for clandestine conversations. A lot has happened since then in the ‘smart’ phone world. Angry Birds and Plants vs. Zombies are now out on Windows Phone 7. Nokia has released the amazing…

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We Are What We Tweet

Written by David but inspired by Damien. For years, a business card has been the ultimate power statement, defining who we are by the title we have and the firm we represent. After a handshake we naturally exchange them. But what happens afterwards? I have more business cards than I know what to do with….

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Reflections on SIFMA 2011

Now that SIFMA 2011 is behind us, let’s take a moment to look back on a conference whose conversations and content mirrored the extremes of our post-crisis world. This year the Leaders Forum explored two main topics – Dodd Frank implementation and the use and impact of social media – two themes that couldn’t be…

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Risk Management 2.0 – it’s closer than you think

It has been a couple of years since the worst financial crisis in decades, and it is clear that we need a fresh approach to managing troubled markets. For years weather forecasters have been trying to make accurate weather predictions, but a little known phenomenon called the ‘butterfly effect’ – the ability of small changes…

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Designing a Viral Product – a fresh approach to innovation

Viral marketing is hot right now. In the new world of social networking, a digital outreach strategy is essential. But it may be more useful to develop products that are intrinsically viral. According to a recent HBR article adding a “share” button to a product can increase peer-to-peer influence over product purchase by 400%.[i] As…

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