THE DEVELOPMENT OF BIG DATA TECHNOLOGY IN THE RUSSIAN BANKING SECTOR
( Pp. 245-248)

Purpose. This article discusses the essence and principles of the use of big data technology in the banking sector; development prospects and dissemination of the use of big data technology by banks. Task. The objective of the research work is to determine the practical significance of the application of big data technologies and to consider the prospects for the dissemination of these technologies in the banking sector. Practical value. Today, big data technologies are gradually being applied in various areas of credit organizations activity. Taking in consideration the rapid increase of information which is generated in advance or appearing in the process of servicing customers by banks, the question of the need to work with a huge amount of data is becoming increasingly relevant. Social impact. The increasing role of the big data technologies application brings the process of building up the activities of a credit organization to an absolutely new level. With an increase in the volume of processed data, the role of their protection and storage increases. Originality / Value. This work is valuable for students of legal, economic and information areas of study.

Kuznetsov D.A., (2019), THE DEVELOPMENT OF BIG DATA TECHNOLOGY IN THE RUSSIAN BANKING SECTOR. Economic Problems and Legal Practice, 5 => 245-248.

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Big data, banks, analytics, gross domestic product.