Case Study Part III: Scenario Recall that United Savings Bank collects informati

Case Study Part III: Scenario
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.
The following is the necessary information to complete this lab assignment.
Deliverables
The deliverable for this lab is a Microsoft Word document, including Parts 1, 2, and 3 from the Case Study Part III, which can be accessed via the 3.2.1: Data Knowledge Management Readings and Resources (Citrix).
Required Software
This lab will use the following Lab Resources.
Virtual Lab Citrix (MS Word 2016 or 2019)
Use a personal copy of the software or access the Lab Resources located in the Course Resources page.
The following is the necessary information to complete this lab assignment.
Step 1: Lab Preparation
Resources for this lab are located in the 3.2.1: Data and Knowledge Management Readings and Resources link. There is one Word document that mirrors the steps for this lab.
Step 2: Lab Diagram
Create a diagram to show the board how data from these systems could potentially be used to provide a full 360 degree view of a customer. Show how information in each system could potentially overlap (customer names, addresses, etc.).
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 e-mail and paste into your Word document.
Step 3: Lab Memo
Identify, in a one-page memo, 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.
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.
Step 5: Complete and Submit Work
Submit a Microsoft Word Document that includes all three steps (2, 3, and 4) listed in the Case Study Part III document.
**YOU WILL FIND THE ASSIGNMENT IN CLASS BIAM110 INTRODUCTION TO BUSINESS ANTALYTICS, WEEK 3 CASE STUDY III
2 1 PAGE MEMluvOS AND A DIAGRAM
THANK YOU

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