Big Data Analytics is big in 2017.
Professionals at fin-tech startup belonging to JP Morgan’s in-residence program, develop an artificial intelligence and big data analytics science tool, Mosaic.
Mosaic helps professionals uncover major fixed-income financial trends within today’s recently financially regulated market
MSX, Mosaic, is a artificial intelligence fixed-income data analytics tool, which was developed in a recent fintech program at JP Morgan that helps financial professionals predict their clients’ behavior, and helps make the best decisions regarding their clients’ investments (Levitt, 2017).
Mosaic can now help JP Morgan data scientists, and financial professionals analyze big data from various sources, including historical data (Levitt, 2017).
Mosaic is able to analyze millions of bits of their clients and market data, electronic and real-world, in real-time, and help banks like JP Morgan Chase & Co. and others banks: Bank of America Corp., Wells Fargo & Co., Citigroup Inc. maintain their reputation and increase their total assets (“America’s 10 biggest banks..”, 2017).
Mosaic can help investment bankers target the right clients, and make sound decisions for fixed-income investments, like loans, and stock investments (Barber, 2017).
Banks like JP Morgan will be able to reach great new heights with Mosaic.
Because of the high number of students that have suffered from taking out high loans, and gone into unrepayable debts, JP Morgan has stopped its loan program, and focusing on other sectors of fixed-income like auto-lending (Barber, 2017).
Data analytics tools like Mosaic are emerging in the current industry, and are helping investment bankers, get the most of their investing (“Mosaic Smart Data..”).
Mosaic is also able to help the retail industry predict consumer spending, and create targeted advertisements. Mosaic, like another successful data analytics tool, is giving businesses that use it, the advantage of understanding their clients, customers, and consumers by continually processing and analyzing the vast amounts of data generated through their business transactions day after day (“Adapting to Digital Advances”).
Predictive analytics are at play everywhere, from the new happy-face sticker that is artfully painted on your Starbucks cup you bought this morning, to the putrid color of your new subway pass, to the descriptive, almost ironic text on your burrito bag that you hastily purchased for dinner last night (Levitt, 2017).
You are never free…
Predictive and big data analytics are being integrated into the modern economy, and Mosaic is a premiere tool that is shaping the way professionals conduct business. Work alongside brilliant big data professionals at Aponia Data Solutions!
Levitt, Hannah. “JPMorgan Taps AI Startup to Help Traders Predict Market Moves.” Bloomberg Technology, 22 Oct. 2017, https://www.bloomberg.com/news/articles/2017-10-22/jpmorgan-taps-ai-startup-to-help-traders-predict-market-moves. Accessed 23 October 2017.
Barber, Lynsey. “JP Morgan’s using fintech startup Mosaic’s data tool across its entire fixed income trading business.” City A.M., 23 Oct. 2017, http://www.cityam.com/274314/jp-morgans-using-fintech-startup-mosaics-data-tool-across. Accessed 23 October 2017.
“Mosaic Smart Data named Best Use of Data and Analytics Innovation at the 2017 Fstech Awards.” MosaicSmartData, 23 Oct. 2017, http://mosaicsmartdata.com/?p=2920. Accessed 23 October 2017.
“Adapting to Digital Advances” Global Capital Markets 2015, 23 Oct. 2017, https://www.bcgperspectives.com/Images/BCG-Adapting-to-Digital-Advances-May-2015_tcm80-187907.pdf. Accessed 23 October 2017.
“America’s 10 biggest banks” Bankrate, 23 Oct. 2017, http://www.bankrate.com/banking/americas-top-10-biggest-banks/#slide=1. Accessed 23 October 2017.