Data Integration in the Banking Industry

For this assignment, you will research how data integration contributes to solving business problems in the
banking industry. Use the information covered in the assigned reading and Internet and library research, or any
additional research that is necessary, to fill in any gaps in your understanding of the concepts.
• Identify the range of data sources and inputs that contribute to the work of banking.
o For example, consider the activities that make up the modern banking industry including checking, loans,
mortgages, et cetera. Identify all of the data flows that make up those activities.
• Describe three technologies that are available to support the use of data analytics through the integration of
data from multiple sources that would be useful in the banking industry.
o Consider the data integration tools that have been covered previously in this course and analyze the role
they might play specifically to the banking industry.
• List the qualities or characteristics of the tools you selected that make them effective in supporting the use of
data integration to solve a business problem in the banking industry.
o For example, data warehousing allows data from the credit rating services to be joined with internal bank
account data to support the work of evaluating a customer applying for a mortgage or a loan.