“Without metadata, Big Data is unmanageable.”
Collecting data is easy, but deriving insights from the data can be a challenge. Banks and other financial institutions have huge volumes of various types of data and the only way to make sense of it all is with metadata. With customer-transaction data, consumer-location data and all the data around the Internet of Things, metadata helps streamline collection, aid integration and enable analysis of Big Data. There are a variety of effective and reliable tools that allow banks to leverage metadata and automate data lineage information.