Jack Yallop

Jan 22, 2025 | mongodb.com | Michael Lynn |Jack Yallop

In financial services, having a proper data modeling strategy is crucial. The volume of data that banks collect and create is continuously growing, partly due to the expansion of digital banking and payments. Financial institutions rely heavily on data to power applications, analyze risks, and make decisions. The way data is modeled can significantly impact the performance, scalability, and accuracy of these systems, as well as the speed of development for new financial products or services.