Latest opinions that Tejasvi Addagada has shared on Finextra

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Tejasvi Addagada

Enterprise Data Head

Fortune 500 financial service provider

Member since

02 Sep 2014

Location

Mumbai

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Tejasvi's opinions

Democratizing data and thus credit to Citizens - Account Aggregator network

Democratizing data for customers through responsible sharing will actually democratize credit for people in the financial ecosystem. As a part of India stack, the Account Aggregator (AA) network is based on a mix of frameworks Open Credit Enablement Network (OCEN) and The Data Empowerment and Protection Architecture (DEPA). Today, in financial in...

04 September 2021 /people /inclusion Banking Strategy, Digital and Transformation

What does it take to Monetize data in your organization for improved benefits?

Most banks are experiencing an upward curve in In-directly monetizating data to increase revenue. This involves analyzing the existing data trove and revealing insights that can improve the organization's business performance. The outcomes can be customer trust, satisfaction, reducing anxiety of customers while the benefit can be increase in reven...

18 July 2021 /people /retail Data Management and Governance

Aspects of data quality, an Artificial Intelligence unit has to focus on for better outcomes

Clean Data is a crucial need to get an outcome from Machine Learning models. Often much time to the tune of 40% is spent on understanding and cleaning data before modeling and providing an outcome. Scale and diversity in data is also another important aspect while planning for a model. How accurate is the data to give a usable outcome – is a major ...

04 July 2021 /sustainable /predictions Data Management and Governance

Scaling up Cloud capabilities, with right protection technology and security capabilities

The pace of digitization has increased the need for embracing the cloud for nimble management of scalable operations. 68% of IT practitioners say they are using the cloud to store most of their data. A financial service provider has to choose the right data protection technology to un-lock the perceived data-capital for business growth and operatio...

17 May 2021 /regulation /cloud Cloud Banking out of the Box

A culture of accountability from within - Promotes data privacy and protection for customers

It's natural to take a risk-based approach to data privacy. However, I believe approaching privacy through a benefits-based approach has its own merits. Moreover, by managing customer privacy, there is significant business value derived from the resulting customer confidence and trust in the relationship: At the outset, data privacy management ena...

04 April 2021 /people /sustainable Banking Strategy, Digital and Transformation

Ten Financial Services use-cases of Catalog, Glossary and Metadata

Banks and Financial institutions are modernizing their data platforms and associated tool-sets to serve the fast needs of data practitioners, including data scientists, data analysts, business intelligence and reporting analysts, and self-service-embracing business and technology personnel. However, as the tool-stack in most organizations is being...

28 February 2021 /sustainable /cloud Analytics in Banking

Three 2021 trends in data governance, for firms, to bolster digital transformation and sustain

In 2021, the focus of financial services will be inclined to enable digital customer journeys as well as to sustain and grow revenue streams. Actively governing data will make managing it more formalized thus making it more available, less complex to understand, and protect the customers' data rights. Three principles and associated formalized dime...

03 January 2021 /people /predictions Artificial Intelligence and Financial Services

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