Real-time analytics used to be the province of the biggest and richest companies. But a combination of declining cost of random access memory (RAM) and the availability of open-source software to manage real-time computing needs is addressing the need for immediate analysis.
Midsized and small banks can increasingly access in-memory computing (IMC) power that until a few years ago was economically out of reach. The caveat: IMC products cannot be all things to all users. The upside: IMC can help smaller banks reduce their risk exposure and stay abreast of the competition.
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