CENTRALIZED FINANCIAL DATA HUBS: ARCHITECTING THE FUTURE OF FINANCIAL DATA MANAGEMENT
DOI:
https://doi.org/10.34218/IJCET_16_01_228Keywords:
Data Integration, Financial Analytics, Governance Framework, Machine Learning, Security ArchitectureAbstract
This comprehensive article examines the transformative role of centralized financial data hubs in modern enterprise data management. The article explores how these hubs revolutionize financial operations by consolidating disparate data sources, implementing advanced analytics, and ensuring robust security measures. Through an analysis of current implementations across major financial institutions, the article demonstrates significant improvements in operational efficiency, data accuracy, and regulatory compliance. The article details the architectural foundations, integration capabilities, quality frameworks, and advanced analytics that enable organizations to achieve superior performance in financial data management. Additionally, it addresses critical implementation considerations and challenges while highlighting the strategic advantages of adopting centralized financial data hubs in an increasingly complex financial landscape.
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