Overview In the aftermath of the 2008 global financial cri - sis, banks woke to a new reality—one where big data is a business critical priority. Banks were newly sensitized to risk, and more resolved than ever to avoid it. Regulatory scrutiny was heightened as governments tightened their oversight of marquee financial institutions. “Banks realized they had to invest in big data an- alytics to better understand the impact of mar- kets on their liquidity,” notes Mike Krolnik, who serves as Head, T echnology and Engineering at a large North American bank. “And regula- tors today need banks to track more granular data.” Krolnik’s bank therefore implemented the Vertica Analytics Platform. Challenge A Quarter of the Hardware— without Compromising Performance The bank’s decision to d

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