Application Of Big Date Technology In Commercial Banks

Big data technology is affecting the consumer and business demand, indirectly anddirectly impacting on the financial sector.Under the influence of emerging technology, theprospective industrial structure of financial industry is in reconsitution.Includingcommercial Banks, financial institutions will face not only competitors within the industry,is also faced with the crossover potential competitors. Financial industry faces manyunprecedented cross-border competition, market structure, business process will be a bigchange, enterprise change the rise and fall. How big data technology will impact on thefinancial sector, including commercial Banks, is the theme of this paper. This paper mainlydivided into three parts, the first part introduces the concept of the big data technology, andits effect and concrete application in various industries. The second part introduces the newoperational types of finance in the age of big data and the industry trend of development,also analyzes the influence and change that the big data technology brings of the entirefinancial industry, and analyzes the specific cases of the new finance models whichapplying the big data technology. The third part discusses the application of the big datatechnology in commercial banks, offering some proposals to commercial banks.