as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
what characterizes high velocity data?
user
high velocity data is characterized by high-rate data ingest and consumption, timeliness of data flow, and complex data processing. data is typically streamed in rapidly, processed quickly, and used to reach actionable decisions in a timely manner. it is characterized by high frequency and a high number of transactions.
assistant