The Problem

Financial services firms lose an estimated

$20 billion annually to fraud. How can this
industry leverage big data and the data
science team to help manage risk and
deter fraud in the future?

GO

BIG

INSIGHT
An enormous amount of valuable information is out there waiting
to be transformed into mission-driving insights. But to excavate
those insights, we must first assemble the right data science team.

Domain
Specialists:
Finance
Computer
Scientists

Mathematicians
& Statisticians

The right data science teams blend the technical expertise of

computer scientists and mathematicians and statisticians with a
critically-important, but overlooked, element domain knowledge.
The result: organizational collaboration and vision into the most
important business problems or trends that data can reveal.

DA B U I
R
U
TA L D Y O E A M
SCIENCE T
Apply the Scientific Method
& New Technologies

Diversity of Data

The scientific method observe, question,

hypothesize, test, and analyze is the
foundation of an emerging discipline
data science to create value from data.
This analysis and creativity is ultimately
enabled by the teams ability to rely on
elements of machine learning and statistics
to search the data, empowering the data
science team to interpret the results.

SI

GH

The ability to fuse disparate, seemingly

unrelated data like financial transaction
information, payment records and exchange
rates can produce an entirely new level
of insight and direction.

Insight

N
I
MINE FOR

Two-Way Bridge

Rotating the teams domain

specialists every six to nine months
builds a stronger understanding of
the mission organization-wide.

Organization

END

Big Insight
The data science team particularly
the domain experts, because of their
versatile skill-set, plays a pivotal role
in translating the unlocked insight into
actionable intelligence for smarter,
data-driven decision making.