Lily Cole challenges MPs on illiteracy

Model and actress Lily Cole is spearheading a campaign calling for a global drive to tackle illiteracy. Project Literacy, a coalition of campaign groups, says one in 10 people around the world is illiterate. Ms Cole, speaking in the Houses of Parliament, said too often the impact of the problem was overlooked because it lacked “raw emotional power”. But she said illiteracy was of fundamental importance to jobs, health and political engagement. Project Literacy is trying to raise the profile of the damage caused by illiteracy, which affects more than…

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The Challenges of Big Data on Financial Services

The financial sector is one of the largest users of high-performance computing as it enables extremely valuable analytics to be performed regarding customer risk assessment, valuation and pricing of securities, and simulation of economic scenarios. The financial sector is gathering information about customers, both specific and generic at a faster rate than ever before in a bid to understand customer behavior and deliver appropriate products and services. The evolution of computing and big data collection has impacted almost every industry, but a more visible effect can be seen in the…

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