Topic "Financial Services – General"

Data Governance and Ethics in Today’s AI-Driven Financial Industry

Society is creating and consuming more data than ever, and this tsunami of data promises market, customer and operational insights which financial institutions of all shapes and sizes across the globe must be able to leverage to remain competitive. After all, their customers expect personalized experiences, their employees require self-service access to trusted and timely... more

Why Digital Transformation Needs Customer360

Many Financial Institutions are going through a major Digital Transformation, putting the Customer at the heart of the business has never been more important. With the capabilities of the Customer360 approach driving Digital Transformation, institutions can realize the value of their transformation objectives quickly and provide a platform for sustained future growth. What’s happening around... more

The Role of Data in Mergers and Acquisitions

Merger or Acquisitions (M&A) are still hot topics in 2016, and probably also 2017, so I thought I’d look at the role Data now plays in helping drive value as part of a Merger or Acquisition process. The importance of managing post Merger and Acquisition data It can be argued that the Merger and Acquisitions... more

Big Data in Financial Services: From Buzz Word to Business Benefits

The global financial services industry processes hundreds of billions of transactions daily. From managing ATM withdrawals and insurance policies to administering payments and buying and issuing securities—financial services institutions generate massive volumes of structured and unstructured data. But what good is all this data if it sits in silos, or if it can’t be used... more

GDPR – 3 Months Down, 21 to Go

Since the General Data Privacy Regulation (GDPR) was formally announced as being a regulation from 25th May 2018 onwards, 3 months have passed. So what’s happened in that time? Differing responses to GDPR So depending on which part of the business you’re in, the initial response seemed to have been somewhere between panic and apathy.... more

GDPR: Does Brexit change anything?

The recent UK referendum vote to leave the EU (Brexit) doesn’t change the need for Financial Services institutions to become GDPR (General Data Protection Regulation) compliant by May 2018. Doesn’t ‘Brexit’ change all this for UK Financial Services institutions? In the short term the answer is NO! UK Financial Services institutions are still going to... more

The Rise of the GDPR Data Lake

The new EU data privacy regulation, GDPR (General Data Privacy Regulation), is driving the need for a Data Lake to hold the volumes and types of customer data required to be covered by the regulation. What is GDPR? GDPR is the new EU data privacy regulation that comes into force in May 2018 and requires... more