Conceptual paper on Application of Big data in Risk Management

Big data has become one of themost important technology trends that has the potential for dramaticallychanging the way organizations use information. Big data enables organizations to gather, store, manage, and manipulate vast amounts of data at the right speed andtime, to gain the right insights. Organization across industries and geographies have started harnessing the revolutionary potential of the Big data technology. Risk management is an area in which the potential of Big data is yet to be ventured. This paper gives an insight into the Big data Technology and process of integration of Big data in the different stages of Risk management.