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The Hortonworks Blog

“Banking as a service has long sat at the heart of our economy. In our digitally enabled world, the need to seamlessly and efficiently connect different economic agents who are buying and selling goods and services, is critical. The Open Banking Standard is a framework for making banking data work better: for customers; for businesses […]

Wow, I really can’t believe it has only been one year since we launched Hortonworks Community Connection — HCC. What started as a project to make communication between our technical teams more transparent has blossomed into a fantastic and engaging website. Here are just some of the interesting numbers: There are now over 40,000 assets […]

The first blog in this two part series (Deter Financial Crime by Creating an effective AML Program) described how Money Laundering (ML) activities employed by nefarious actors (e.g drug cartels, corrupt public figures & terrorist organizations) have gotten more sophisticated over the years. Global and Regional Banks are falling short of their compliance goals despite huge […]

It is that time of year again, right before Christmas in Las Vegas, where nearly 30,000 technologists gather to see the latest in innovation around the Cloud. Hortonworks is honored to participate as an exhibitor for the first time. If you are in Vegas this week for the AWS re:Invent, please stop by our booth #2732 […]

The first post in this three part series on Digital Foundations @ http://www.vamsitalkstech.com/?p=2517 introduced the concept of Customer 360 or Single View of Customer (SVC).  We discussed specific benefits from both a business & operational standpoint that are enabled by SVC. This second post in the series introduces the concept of a Customer Journey. The third & final […]

How many retail loyalty cards do you have?  Personally, I’ve only been loyal to one programme consistently over the past 10+ years (Boots Advantage Card, fantastic points system!) while the ‘new kids on the block’ in my purse include Waitrose and John Lewis but beyond that… well, I either lose or forget about them.  I […]

As discussed in the previous blog in this series @ http://hortonworks.com/blog/frtb-fundamental-review-trading-book-changes-banking-risk-management/, the FRTB (Fundamental Review of the Trading Book) compels Banks to create unified teams from various departments – especially Risk, Finance, the Front Office (where trading desks sit) and Technology to address all of the above significant challenges of the regulation. From a technology capabilities standpoint, the FRTB […]

Earlier this year, we started making Technical Previews of Hortonworks Data Cloud for AWS available. The feedback and response has been incredible, and over the past few months, we performed many Technical Preview refreshes. Now we are ready to make it official and release the product into AWS Marketplace. Therefore, we are excited to announce […]

Regulatory Risk Management evolves… The Basel Committee of supranational supervision was put in place to ensure the stability of the financial system. The Basel Accords are the frameworks that essentially govern the risk taking actions of a bank. To that end, minimum regulatory capital standards are introduced that banks must adhere to. The Bank of International Settlements […]

We were really excited to welcome a sold out crowd at the first Hadoop Summit in Tokyo last week.  This was a fantastic response, based on the huge interest around a technology that is transforming industries across Asia and Pacific. We could not put this kind of conference on without the help of our sponsors […]

Enterprises are outgrowing their traditional business intelligent solutions and struggling to use the data they have collected to gain real insights. What happens is that data engineers will scramble to shift data sets between repositories so that data can be analyzed using older methods. As data volumes and data sources grow this problem is only getting […]

THE STATE OF GLOBAL FINANCIAL SERVICES IT ARCHITECTURE… This blog has time & again discussed how Global, Domestic and Regional banks need to be innovative with their IT platform to constantly evolve their product offerings & services. This is imperative due to various business realities –  the increased competition by way of the FinTechs, web scale players delivering […]

I started my journey at Hortonworks a little over five years ago and have been to many Hadoop Summits in the US, Europe and now Asia.  I just kicked off a two day sold out show in Tokyo and shared my thoughts and stories on architectures and business transformation.    John Kreisa’s post here has […]

Last week we announced third quarter results, and it was a milestone quarter.   Customers in 60 countries chose Hortonworks to help with their on-premise, hybrid and public cloud data management strategies. A big thanks to the Hortonworks team. I wanted to stop for a second and note the significance of the fact that we just […]

This three part series explores the automated investment management or the “Robo-advisor” (RA) movement. The first post in this series @- http://www.vamsitalkstech.com/?p=2329 – discussed how Wealth Management has been an area largely untouched by automation as far as the front office is concerned. As a result, automated investment vehicles have largely begun changing that trend and they helping create a […]