Dell and RainStor Team Up for Webcast on Big Data in Banking
The Event Will Highlight Best Practices for Addressing Infrastructure
Challenges at Large Financial Institutions Involved in Massive Data
Analytics and Archiving Projects
SAN FRANCISCO, CA -- (Marketwired) -- 05/10/13 -- RainStor, provider
of the world's most efficient enterprise database for managing and
analyzing all historical data, will host a webinar on Tuesday, May
14th at 11 AM Pacific, titled, "Banking on Big Data? Reduce Risk,
Stay Compliant and Reduce Cost." The event will feature a discussion
of best practices for a new era in analytics from Sarah Gates, VP of
research at the International Institute for Analytics (IIA), followed
by a technology presentation by Remi Bello, Senior Consultant,
Marketing Strategy & Analytics at Dell and Ramon Chen, VP of Product
Management at RainStor. Dell partners with RainStor offering a
unified big data software and storage platform for customers who need
to retain large volumes of structured and semi-structured data sets
at a much lower cost per terabyte.
"Banks have long been considered innovators when using data analytics
to tackle numerous business challenges such as risk management, price
discovery and fraud detection," says Bello. "Yet today, the volume of
data is much bigger and more diverse than ever before. At the same
time, regulatory demands for banks have become much more stringent
and storage requirements have increased as growth rates continue to
increase and the business wants to keep data for longer periods of
time." This complexity, he says, has necessitated new approaches and
technologies for Big Data infrastructure.
"Banks continue to struggle to provide fast access to their growing
stores of historical data for better intelligence and at the same
time keep auditors happy," says Ramon Chen at RainStor. "Yet the cost
of managing and growing the underlying infrastructure is no longer
sustainable. Through our partnership with Dell, we are bringing to
market the most cost-effective solution to enable banks to not only
stay compliant but to help make sound business decisions around the
rich source of market and operational data."
Registration for the free online event is available at this page.
Inc. (NASDAQ: DELL) listens to customers and delivers innovative
technology and services that give them the power to do more. For more
information, visit www.dell.com.
RainStor provides the world's most efficient database that reduces
the cost, complexity and compliance risk of managing enterprise data.
RainStor's patented technology enables customers to cut
infrastructure costs by 90%. RainStor scales anywhere; on-premise or
in the cloud and natively on Hadoop. Among RainStor's 150+ customers
are the top 20 world's largest communications providers, top 10
biggest banks and financial services organizations using RainStor to
manage historical data, while saving millions. For more info:
www.rainstor.com or join the conversation: @rainstor.
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