Solving Big Data Problems
In a case study titled "Gain a Competitive Edge by Analyzing Big Data," Stan Duda, CEO of information services firm Alpine Consulting, explained how his company helped MoneyGram do just that. Using IBM's Identity Insight, Alpine transformed the focus of money transfers from transaction-based to customer-based, enabling MoneyGram to identify patterns and networks associated with criminal activities such as fraud and terrorism. To date, the solution has stopped more than $85 million in fraudulent transactions, often in near-real time. Duda explained how the solution can be applied to organizations as varied as financial services, law enforcement, social services and other state and local government agencies -- anywhere that big data is present in high volume, velocity and variety.