The Role of Big Data in Avoiding the Banking Default in Algeria (The Possibility of Upgrading the Preventive Centers of the Bank of Algeria as a Source of Big Data)

This chapter aims to demonstrate the role of extensive data in providing the necessary information to the Algerian banks for the effective management of banking risks to achieve safety and security in the Algerian banking units and thus avoid banking stumbling. Stability and centralization of budgets created by the Algerian Bank as a large data source help Algerian banks detect banking risks and avoid banking stumbling. We have noted that these centers have all the huge data attributes, in terms of information volume, velocity, variety, and value, which helps Algerian banks to make better decisions based on the information resulting from the analysis of the huge data through these centers and thus effectively manage risk and avoid bank defaults.