Topic "Financial Services – Banking"

Worldbank and Forrester at the Data Disruption Summit – Informatica World 2016

Live from the Data Disruption Summit: The Role of the CDO, with Forrester’s Gene Leganza and The World Bank Group’s Gwen Thomas Two presentations in the Data Disruption Summit focused on the CDO role. First, Gene Leganza, VP, Principal Analyst, Forrester Research took the audience through findings from a Forrester CDO Research project sponsored by Informatica.... more

Data Quality Still a Challenge in Financial Services

Despite significant investments in Data Governance programs, Chief Data Officers, and Tools, financial services companies (buy side, sell side, insurance, banking, etc.) of all sizes continue to struggle with the quality of data in their enterprise as evidenced by a recent survey and white paper completed by WBR and Informatica “Modernizing Data Quality & Governance:... more

How One Digital Bank Disrupts With Data

After years of relative stability we are seeing a wave of massive bank restructurings. One of the causes is digital competition from new financial institutions that have no bricks and mortar, and more importantly do not have many accumulated layers of IT technology slowing their ability to respond to customer needs and market conditions.  Tinkoff... more

Omnichannel Banking and the Need for Data

The increase in omnichannel Banking requirements drives the demand for high quality, trusted data to support customer engagement regardless of channel and in real-time. So what’s changed? This conclusion isn’t especially new or ground breaking, after all Banks have been used to working with customers in real-time for a considerable period. What has changed is... more

5 Key Principles for overcoming the challenges of Enterprise-wide Data Governance

In this blog, we explore the 5 Key Principles required for overcoming the challenges of Enterprise-wide Data Governance. For many Global Systematically Important Banks (GSIBs) the initial deadline for BCBS239 compliance passed on 1st January 2016 so I thought I’d outline some of the challenges they, and other financial organisations, have faced and some of... more

BCBS239 for DSIBs and 5 things We have Learned from their Global Counterparts

With the compliance date for BCBS239 designated GSIBs (Global Systemically Important Banks) just about to arrive in January 2016; many DSIBs (Domestic Systematically Important Banks) are looking carefully at their global counterparts to see what worked well; and what didn’t. The first challenge is that not every Bank knows whether it will be designated a... more

Banks and the Art of the Possible: Disruptors are Re-shaping Banking

The problem many banks encounter today is that they have vast sums of investment tied up in old ways of doing things. Historically, customers chose a bank and remained ’loyal’ throughout their lifetime…now competition is rife and loyalty is becoming a thing of a past. In order to stay ahead of the competition, gain and... more