LBEF RESEARCH JOURNAL OF SCIENCE, TECHNOLOGY AND MANAGEMENT

Author(s):Dipesh Chaudhary, Dr Pramod Parajuli

Abstract:The banking and financial industry in Nepal is undergoing rapid changes due to technological progress and evolving consumer trends. Within this dynamic environment, the integration of big data analytics (BDA) has become crucial for banks and financial institutions (BFIs) aiming to boost their competitive edge, streamline operations, and improve decision-making abilities. The objective of this study is to investigate the factors influencing BDA adoption in Nepali BFIs and provide valuable insights for practitioners, policymakers, and researchers. Drawing on a comprehensive literature review and empirical data collected from a sample of Nepali BFIs, this study examines the interplay of technological infrastructure readiness, data quality, BDA skills, and top management support in shaping the adoption landscape. The results indicate that Nepali banking and financial institutions acknowledge the significance of adopting Big Data Analytics (BDA), yet encounter obstacles such as technological constraints, data quality concerns, and organizational barriers. Moreover, the study identifies significant positive correlations between BDA adoption and factors such as IT infrastructure readiness, data quality, BDA skills, and top management support, highlighting their critical roles in facilitating successful adoption.

Keywords:Big Data Analytics, Nepali Banking and Financial Institutions, Big Data Analytics Adoption, IT Infrastructure Readiness, Data Quality, BDA Skills, Top Management Support, Decision-making Capabilities, Strategic Decision-making