IDC Financial Insights recently released a report, “Best Practices: IDC Maturity Model Benchmark—Big Data and Analytics in Financial Services,” to help financial institutions assess their level of maturity in big data and analytics (BDA) against market and industry benchmarks. The report shows that a majority of financial firms (67 percent) present a "repeatable" level of BDA maturity overall, the third level of IDC Financial Insights' five-level BDA maturity model.

Some 12 percent of financial services firms fall one maturity level below and another 21 percent are one maturity level above the majority.

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