After one small ceremony this week, NASA and Deloitte hope to make a giant leap in improving oil field safety.
The space agency and the consulting firm signed off on a partnership to provide advanced risk-management services to oil and gas companies.
It will focus on preventing risk scenarios that have a low probability of occurring but have devastating consequences, such as the Deepwater Horizon offshore oil well disaster or the in-flight destruction of the space shuttles Challenger and Columbia.
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Big Data is a big topic in academic and high-tech circles. And in case you haven't noticed, it's a big -- and growing -- topic in financial services too.
In the next few years, expect big data to change the way financial services firms approach almost every part of the business, from asset and risk management to determine credit worthiness and trading, according to a new white paper from BNY Mellon.
The paper, titled "The Transformational Influence of 'Big Data' on the 21st Century Global Financial...
