Data is the blood of the modern world. Everything we create and share within information technology space is data. The question is, do we understand how to work with data properly? Imagine Fintech as a living being — if it has problems with its blood, it will be sick and weak. Efficient data processing is all about the health of specific companies and the industry on the whole.
There are mainly three steps involved: extract, transform, and load. Each has pitfalls to avoid. Let me show you the problem at scale.