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The Hortonworks Blog

As we kick off the new year I wanted to thank our customers, partners, Apache community members, and of course the amazing Hortonworks team, for an amazing 2016. Let’s take a step back and look at some of the Hortonworks highlights from last year… IN THE ECOSYSTEM there was tremendous acceleration. At the beginning of […]

This is the third in a series of four posts on the Open Banking Standard (OBS) in the UK. This second post will briefly look at the strategic drivers for banks while proposing an architectural style or approach for incumbents to drive change in their platforms to achieve OBS Compliance. The final post will discuss a […]

Bob Glithero Analytics Product Marketing Manager, Pivotal Over the last five years, mobile network operators (MNOs) realized 15% lower compound revenue growth on average than other types of communication service providers. With few exceptions, MNOs globally have seen a long-term decline in average revenue per user (ARPU). To reinvigorate growth, innovative MNOs are searching for […]

Apache Spark has ignited an explosion of data exploration on very large data sets. Spark played a big role in making general purpose distributed compute accessible. Anyone with some level of skill in Python, Scala, Java, and now R, can just sit down and start exploring data at scale. It also democratized Data Science by […]

The first post in this series (http://hortonworks.com/blog/banking-innovation-uk-open-bank-project/) discussed the emergence of the Open Bank Standard Working Group (OBWG) in the United Kingdom. The goal of this standard is to encourage the open and secure sharing of banking data among providers – via open APIs-  thus providing more banking service choices for consumers.   Open Banking Standard will spur […]

We are pleased to announce that Hortonworks DataFlow (HDFTM) Version 2.1 is now generally available. You can download the latest version here!   HDF 2.1 (powered by  Apache NiFi, Apache Kafka and Apache Storm) brings enterprise readiness, platform stability and ease of use to the next level. Apache NiFi for dynamic, configurable data pipelines, through […]

“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 […]