Innovations
Vol. 11 (2023), Issue 1, pg(s) 10-11

INNOVATION POLICY AND INNOVATION MANAGEMENT

Creation of an automated tool for evaluation and selection of NoSQL databases intended for financial services based on predefined criteria

  • 1 University of National and World Economy, Sofia, Bulgaria

Abstract

As technology advances every day of our lives and generates vast amounts of data while different systems, sensors etc. are working, it is important to meet their needs and demands. Digitalization is one of the biggest driving forces for developing of databases – relational and non-relational – in every sphere that they are used, and especially the utilization of NoSQL dBs in areas that were once unthinkable. Financial services offered by different institutions usually relied on relational databases only, but with continuously changing technologies new ways for managing data emerged. This paper presents an automated tool for evaluation and selection of NoSQL databases intended for financial services based on predefined criteria.

Keywords

References

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