Data Platforms in Financial Services – The NoSQL Edge Report

The financial services industry is evolving with changing consumer needs, driving the need for data processing at scale to address diverse client requirements. Financial institutions are adopting NoSQL databases to handle massive amounts of unstructured data and improve real-time decision-making capabilities. Key benefits of using NoSQL databases include improved fraud prevention, real-time digital ID validation, personalized offerings, targeted marketing, and pre-trade assistance. Aerospike's Hybrid Memory Architecture™ (HMA) offers a unique approach to data persistence and management, enabling organizations to deliver high-quality services in the rapidly changing financial landscape.