Exploring the role of Big Data Analytics in Finance

Big data information technology is one of the most popular and widely accepted form of technology. There are billions of various events taking place every day on this particular platform. One of those is financial industry which is deeply involved with this technology enjoying the perks and disadvantages as well. It is well known that millions of transactions, takes place on this platform in online form for this particular finance. Along with the benefits there comes risks. Therefore, the usage of big data information technology leaves its impacts on the industry in various forms. These impacts show the ways to deal with it and overcome the risks with the technology’s usage. On the basis of these mentioned facts, the major connection between the market of finance and the big data information technology will be discussed in brief in the literature review section.