Research Challenges in Financial Data Modeling and Analysis

Big Data. 2017 Sep;5(3):177-188. doi: 10.1089/big.2016.0074. Epub 2017 Aug 17.


Significant research challenges must be addressed in the cleaning, transformation, integration, modeling, and analytics of Big Data sources for finance. This article surveys the progress made so far in this direction and obstacles yet to be overcome. These are issues that are of interest to data-driven financial institutions in both corporate finance and consumer finance. These challenges are also of interest to the legal profession as well as to regulators. The discussion is relevant to technology firms that support the growing field of FinTech.

Keywords: analytics; applications; big data; finance; integration.

MeSH terms

  • Decision Making
  • Financial Management*
  • Models, Statistical*