Search results
Results from the WOW.Com Content Network
Information Framework (IFW) is an enterprise architecture framework, populated with a comprehensive set of banking-specific business models. It was developed as an alternative to the Zachman Framework by Roger Evernden. [1] [2] [3] The banking specific business models are an extension to the Component Business Model.
In business, data mining is the analysis of historical business activities, stored as static data in data warehouse databases. The goal is to reveal hidden patterns and trends. Data mining software uses advanced pattern recognition algorithms to sift through large amounts of data to assist in discovering previously unknown strategic business ...
SEMMA is an acronym that stands for Sample, Explore, Modify, Model, and Assess. It is a list of sequential steps developed by SAS Institute, one of the largest producers of statistics and business intelligence software. It guides the implementation of data mining applications. [1]
Banks are facing challenges that will eventually force them to decompose their business and IT landscape into independent but interlinked units [5] and are therefore looking for better means of interaction in their systems. The banking environment consists of many legacy systems that have, over the years, grown in complexity and become ...
Data mining is the process of extracting and discovering patterns in large data sets involving methods at the intersection of machine learning, statistics, and database systems. [1] Data mining is an interdisciplinary subfield of computer science and statistics with an overall goal of extracting information (with intelligent methods) from a ...
An OLTP system is an accessible data processing system in today's enterprises. Some examples of OLTP systems include order entry, retail sales, and financial transaction systems. [5] Online transaction processing systems increasingly require support for transactions that span a network and may include more than one company.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The tokenization system must be secured and validated using security best practices [6] applicable to sensitive data protection, secure storage, audit, authentication and authorization. The tokenization system provides data processing applications with the authority and interfaces to request tokens, or detokenize back to sensitive data.