Tag "Financial Services"

Keys to Improving Data Literacy in Today’s Data-Driven Enterprises

Across every industry from financial services to healthcare, companies are creating, storing, analyzing, and leveraging data more than ever before to combat fraud, find new cures to deadly diseases, and automate entire industries with data-powered artificial intelligence and machine learning robotics.  Modern data integration, data quality, and data engineering technologies have made it easier than... more

Financial Services: The Importance of Informatica’s Intelligent Data Management Cloud

Financial services organizations cannot afford to take short cuts when it comes to managing data for their business needs. Whether you are a credit union, a life insurance company, a retail brokerage, or a Global Systemically Important Bank (G-SIB), it is critically important to ensure every business unit, application, and end user has access to... more

2021 Data Management Predictions for Financial Services

The new year brings new challenges and opportunities across the financial services industry as banks, brokerages, and life and P&C insurance companies prepare to enter it with enthusiasm and caution. To help shed some light on what might be in store, I’ve compiled a list of the top predictions in 2021 across financial services:  The... more

Great Customer Experience in Financial Services Starts with Fit for Use Data

We all know that customer experience is pivotal for attracting and retaining customers in the banking industry. I recently had an interaction with my bank that brought this home in a big way. A few weeks ago, my iPhone’s Face ID failed to work, causing me to be locked out of my bank’s services. As... more

COVID-19’s Impact on Data Governance and Risk Management Across Financial Services

Managing and monitoring credit, market, liquidity, and operational risk across financial markets was hard enough with ongoing geopolitical tensions, international trade wars, and of course the occasional hurricanes and earthquakes. The current pandemic is forcing chief risk officers and their teams to recalibrate old assumptions and models used to manage and monitor risk. Innovations in... more

Big Data in Banking: Use Cases in 2020 and Beyond

What is the Role of Big Data in Banking? Big data is defined by four main characteristics: volume, velocity, variety, and veracity. The global financial services industry generates massive amounts of structured and unstructured data every day by processing hundreds of billions of financial transactions as well as through interactions such as email, audio and... more

Two Ways Master Data Breeds Success in Financial Services

Their business may be finance, but these days banks don’t earn—or keep—customers by providing better returns or interest rates. Instead, banks increasingly compete by giving customers modern conveniences while making sure they stay in compliance amidst regulatory complexity. Those two issues—customer experience and regulatory compliance—are at the heart of the banking business in 2017. And... 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

Financial Services will be “BIG” at Informatica World 2016

Like most industries, the financial services industry is all about those zeros and ones. Every credit card transaction, mobile payment, brokerage order, mortgage approval, and interaction between client and advisor generates a tremendous amount of data. Data that has to be trusted, secure, timely, and share across the enterprise whenever and wherever the business needs it... more