Recall that United Savings Bank collects information in each of the following systems. Core Banking SystemOnline BankingLending System (Auto/Personal Loans)Credit Card SystemMortgage Lending SystemIns

Recall that United Savings Bank collects information in each of the following systems.

Core Banking System
Online Banking
Lending System (Auto/Personal Loans)
Credit Card System
Mortgage Lending System
Insurance Policy System
Financial Investment System

They are interested in understanding how they can leverage this data, in addition to data gathered from other potential sources, to provide a competitive advantage in their market.

You have been asked to present to the board a discussion on how big data can provide USB with a strategic advantage. This week they are most concerned with how to prevent fraud.

The following is the necessary information to complete this lab assignment.

Create a diagram to show the board how data from these systems could potentially be used to provide a full 360° view of a customer. Show how information in each system could potentially overlap (customer names, addresses, etc.). The 360° degree view of the customer as it is associated with the seven application systems could be a flowchart or could be more creative and look something similar to the following.

Image Description

However, it would include all seven application systems and include the actual fields that are similar in all the systems. However, you can be creative here. MS Visio works well for a diagram (MS Visio is available in Citrix). You can do a print screen of your sketched diagram and then use the paste feature to paste the diagram into your Word document. Another alternative is to draw out your diagram and take a picture that you can send to your email and paste into your Word document.

Step 3: Lab Memo

In a one-page memo, identify what could cause data challenges for the organization given the different systems collecting information, and explain how creating a centralized repository of the most current customer information could be helpful. This would be done on the second page of the MS Word document.

Step 4: Lab Research

Research how financial companies are using big data to prevent fraud, and prepare a one-page memo explaining how one or two strategies could be used and incorporated within USB’s existing business systems. This would typically be the third page of your MS Word Document

Step 5: Complete and Submit Work

Submit a Microsoft Word Document that includes all three steps (2, 3, and 4) listed in this lab assignment.

Share This Post

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

4-2 Short Paper: Efforts in Sustainability IDS 150 Module Four Short Paper Guidelines and Rubric Overview Earlier in this course, we explored how the environment has impacted humans and how humans hav

4-2 Short Paper: Efforts in SustainabilityIDS 150 Module Four Short Paper Guidelines and Rubric Overview Earlier in this course, we explored how the environment has impacted humans and how humans have impacted the environment. It is not enough to recognize that impacts have occurred, however. We must also consider actionable steps

4-1 Discussion: Sustainability Practices in Organizations Possible Points: 40 In this discussion, you will consider the sustainability practices of a business or organization that you frequently engag

4-1 Discussion: Sustainability Practices in OrganizationsPossible Points: 40 In this discussion, you will consider the sustainability practices of a business or organization that you frequently engage with. Discussing challenges that face our world often means investigating opinions and ideas different from your own. Remember to remain thoughtful and respectful towards your

DISCUSSION: SETTING DIRECTION, ADVANTAGES/DISADVANTAGES, AND DECISION MODELS ASSIGNMENT INSTRUCTIONS This discussion will focus on a series of questions in the areas of Process (steps to be taken), St

DISCUSSION: SETTING DIRECTION, ADVANTAGES/DISADVANTAGES, AND DECISION MODELS ASSIGNMENT INSTRUCTIONS This discussion will focus on a series of questions in the areas of Process (steps to be taken), Strategic Thinking (current theory), Decision Models (decision making methodology), and Biblical Integration. The student should organize their main thread by using the bolded

Discussion Reply: You will reply to one of your classmates’ threads. Minimum of 250 words in the body. Minimum of 2 sources from the literature in addition to course texts. Use bolded headings below i

Discussion Reply: You will reply to one of your classmates’ threads. Minimum of 250 words in the body. Minimum of 2 sources from the literature in addition to course texts. Use bolded headings below in the reply. Current APA format must be used. Use the following Outline: • Summary –

**DOLL * IMPORTANT: PLEASE MAKE SURE THAT ALL WORK IS AUTHENTIC- DO NOT USE AI/ PLAGERISE AS THE ASSIGNMENT WILL BE RUN THROUGH TURN IT IN!!!!!*** THERE ARE 2 PARTS PART 1: DISC

****DOLL**** ***** IMPORTANT: PLEASE MAKE SURE THAT ALL WORK IS AUTHENTIC- DO NOT USE AI/ PLAGERISE AS THE ASSIGNMENT WILL BE RUN THROUGH TURN IT IN!!!!!***** THERE ARE 2 PARTS PART 1: DISCUSSION MODULE 2 PEST Analysis After studying Module 2: Lecture Materials & Resources, discuss the following: PEST is an acronym

DISCUSSION: STRATEGY DEVELOPMENT, STRATEGY DECISIONS, AND DECISION MODELS ASSIGNMENT INSTRUCTIONS This discussion will focus on a series of questions in the areas of Process (steps to be taken), Strat

DISCUSSION: STRATEGY DEVELOPMENT, STRATEGY DECISIONS, AND DECISION MODELS ASSIGNMENT INSTRUCTIONS This discussion will focus on a series of questions in the areas of Process (steps to be taken), Strategic Thinking (current theory), Decision Models (decision making methodology), and Biblical Integration. The student should organize their main thread by using the

3-1 Discussion: Sustainability and Social Justice Possible Points: 40 In this discussion, you will consider sustainability issues related to social justice or DEI. To identify a sustainability issue r

3-1 Discussion: Sustainability and Social Justice Possible Points: 40 In this discussion, you will consider sustainability issues related to social justice or DEI. To identify a sustainability issue related to social justice or DEI, consider how issues such as the following relate to sustainability: Ableism Classism Sexism Racism Ageism Homophobia Mental

DISCUSSION: STRATEGY DEVELOPMENT, STRATEGY DECISIONS, AND DECISION MODELS ASSIGNMENT INSTRUCTIONS This discussion will focus on a series of questions in the areas of Process (steps to be taken), Strat

Module Three Project Draft One Guidelines and Rubric IDS 150 Module Three Project Draft One Guidelines and Rubric Overview In this module, you have begun exploring how sustainability can be considered

Module Three Project Draft One Guidelines and RubricIDS 150 Module Three Project Draft One Guidelines and Rubric Overview In this module, you have begun exploring how sustainability can be considered in various contexts and within the first sustainability pillar: social justice. Throughout the rest of this course, you will explore two

Module Two Short Paper Guidelines and Rubric IDS 150 Module Two Short Paper Guidelines and RubricOverview In this course, we are talking a lot about interconnected systems, including ecosystems, cul

Module Two Short Paper Guidelines and Rubric IDS 150 Module Two Short Paper Guidelines and RubricOverview In this course, we are talking a lot about interconnected systems, including ecosystems, cultural systems, and environmental systems. Some systems are not sustainable, while others are. One way to tell the difference between unsustainable

Prepare a research paper on the topic – Why is Entrepreneurship Important? Submission Instructions: The paper is to be clear and concise and students will lose points for improper grammar, punctua

Prepare a research paper on the topic – Why is Entrepreneurship Important? Submission Instructions: The paper is to be clear and concise and students will lose points for improper grammar, punctuation, and misspelling. The paper is to a minimum of 1000 words in length, current APA style, excluding title and

Module One Short Paper Guidelines and Rubric IDS 150 Module One Short Paper Guidelines and RubricOverview Do you have what it takes to be sustainable? Your actions and behaviors can improve sustainabi

Module One Short Paper Guidelines and Rubric IDS 150 Module One Short Paper Guidelines and RubricOverview Do you have what it takes to be sustainable? Your actions and behaviors can improve sustainability and ensure that future generations can live a life of happiness. For example, your action of conserving electricity

1-1 Discussion: Sustainability Issues and Improvement Possible Points: 40 Welcome to IDS 150! In this first discussion, you will introduce yourself. You will then discuss sustainability issues that in

1-1 Discussion: Sustainability Issues and Improvement Possible Points: 40 Welcome to IDS 150! In this first discussion, you will introduce yourself. You will then discuss sustainability issues that interest you. Review the resources in this module for examples of sustainability issues. Discussing challenges that face our world often means investigating opinions

For the second assignment, you will continue to use the “Repairing Customer Satisfaction’ Download “Repairing Customer Satisfaction’case study to develop the second of two progress reports. You will a

For the second assignment, you will continue to use the “Repairing Customer Satisfaction’ Download “Repairing Customer Satisfaction’case study to develop the second of two progress reports. You will access the case study via the link provided and follow the instructions below. Review “Types of Data Analysis” Download “Types of Data Analysis”, for additional information

MALPRACTICE APOLOGY ANNOTATED BIBLIOGRAPHY INSTRUCTIONS OVERVIEW The Malpractice Apology Annotated Bibliography and the Malpractice Apology Research Paper are related assignments that require you to r

MALPRACTICE APOLOGY ANNOTATED BIBLIOGRAPHY INSTRUCTIONSOVERVIEWThe Malpractice Apology Annotated Bibliography and the Malpractice Apology ResearchPaper are related assignments that require you to research the existing literature and thendevelop the information from your sources into a critical analysis and practical application. Bothyour research of the literature and the research paper will focus

Repairing Customer Satisfaction Board of Directors Presentation Overview For your final assignment, you will continue to use the “Repairing Customer Satisfaction” Download “Repairing Customer Satisfac

Repairing Customer Satisfaction Board of Directors Presentation Overview For your final assignment, you will continue to use the “Repairing Customer Satisfaction” Download “Repairing Customer Satisfaction”case study to complete the assignment, you will need to read the case study and the article, The Art of Setting the Stage for Persuasion to develop the Board of

Files and Resources: All related files for the Final Project are available in the Modules → Final Project Folder on Canvas. You will find a ZIP folder that includes: Two datasets: House Price Data Ba

Files and Resources: All related files for the Final Project are available in the Modules → Final Project Folder on Canvas.You will find a ZIP folder that includes: Two datasets: House Price Data Basketball Season Wins Data A Final Project Summary Report Template After unzipping the folder, review the files and choose one dataset to complete your

To: Consulting Team From: CEO Re: Research Project and Presentation For this project, you will be focusing on Organizational Change, which is discussed in Chapter 16. Organizational change can come ab

To: Consulting TeamFrom: CEORe: Research Project and Presentation For this project, you will be focusing on Organizational Change, which is discussed in Chapter 16. Organizational change can come about for a number of reasons, which include problems within the organization that decreases its reputation or product confidence, innovation, technological improvements,