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Member News: Commonwealth Bank of Australia targets SMEs with new big data analytics platform

Member News: Commonwealth Bank of Australia targets SMEs with new big data analytics platform

The Commonwealth Bank of Australia (CBA) has launched a new business analytics platform that aims to provide small-to-medium enterprises (SMEs) with access to big data. The bank's new Daily IQ 2.0 platform brings together online tools and data feeds from CBA's pool of 1.2 billion monthly transaction records, which the bank said will allow SMEs to model future scenarios based on current financial and industry data, in addition to allowing performance monitoring in real-time.

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