17 January 2020
Data management is undergoing a transformation as the full implications of innovations, such as the cloud, artificial intelligence and alternative data, become better understood.
The industry is grappling with a wide range of market changes, including new regulatory frameworks, macro-economic events, fee compression and the challenge of generating returns from alternative investments.
As firms adopt more complex operating models in response to these issues, many realise it is unsustainable to rely on disparate systems and spreadsheets for data management, as this type of set-up will never provide a comprehensive, trusted view of an organisation’s operations and performance.
This report discusses how firms now understand they must maximise their business agility in order to succeed within the constraints that exist today.
Download your copy below to learn more.
13 January 2020
The fourth industrial revolution is upon us. While this era can be defined by the fusion of the physical, the digital and the biological enabled by data, data is just the beginning and profound shifts, facilitated by technologies such as artificial intelligence and machine learning (AI/ML), robotics and the Internet of Things, are already underway.
The Institute for the Future says that, over the next decade, emerging technologies will underpin the formation of new human-machine partnerships, which will help humans transcend their limitations, enhance daily activities and reset expectations for learning and work. The actualisation of smarter humans, smarter machines.
This report discusses how AI/ML will be the single greatest enabler of competitive advantage in the financial-services sector following an explosion in the use of machine learning, led by applications for image processing, natural-language processing (NLP) and machine translation.
Download your copy now to find out more.
13 January 2020
78% of institutional investors agree that technology has made financial markets ‘better and more efficient.’ This figure is staggering when compared to the 20% of participants who feel that technology has ‘made financial markets overly complicated.’ But where does the cloud fit in?
13 January 2020
While there are troves of financial data that have the potential to drive and inform critical business decisions, data remains siloed due to challenges associated with managing multiple data sources and aging infrastructure. Many financial institutions (FIs) face challenges – from limited storage and compute capacity to resource-intensive network deployments – that impede the ability to generate data-led insights powered by analytics.
13 January 2020
Data is just the beginning. Financial institutions (FIs) are now hyper-focused on surfacing meaningful, timely, and actionable insights from proprietary and third-party data. Technologies such as the cloud and artificial intelligence (AI) are forming new partnerships between humans and machines.
15 November 2019
Regulatory reports have become too complex to handle, forcing banks to search for alternative and sustainable cloud-based solutions that can reduce the cost of compliance.
While many financial institutions outsource their regulatory reporting requirements to third parties, banks are also having to contend with a gap between what service providers deliver and the remaining workload that still remains in house.
In order to combat this, banks must empower internal team members referred to as ‘power users’ - those who understand frameworks and can anticipate future changes - to ensure that the regulatory reporting requirements are met.
This report outlines four principles of how FIs can reduce the cost of compliance by overcoming the limitations of data warehouses and increasing capacity and agility.
15 November 2019
By 2020, US B2B payments are expected to reach $23.1 trillion according to Deloitte.
This is driven by cloud technology, which is accelerating the digital transformation of the payments industry, providing customers with a myriad of convenient payment methods.
This shift is occurring because consumers need instant and on-demand access to everything.
As incumbent banks have inconsistently delivered in the first instance, fintech firms have entered the market with an intent to disrupt.
This report discusses how the cloud is driving and accelerating the transformation of the payments industry.
15 November 2019
Evidence suggests that centring operations around customers rather than focusing on products improves user experience and generates revenue.
The cloud can help incumbent banks digitise operations that are structured around siloed, on-premises systems, data and processes, and enable them to become customer-centric.
This report focuses on how the cloud can help banks communicate with their consumers in a holistic manner.
15 November 2019
Regulatory reports have become too complex to handle, forcing banks to search for alternative and sustainable cloud-based solutions that can reduce the cost of compliance.
15 November 2019
Evidence suggests that centring operations around customers rather than focusing on products improves user experience and generates revenue. The cloud can help incumbent banks digitise operations that are structured around siloed, on-premises systems, data and processes, and enable them to become customer-centric.
15 November 2019
By 2020, US business to business (B2B) payments are expected to reach $23.1 trillion according to Deloitte. This is driven by cloud technology, which is accelerating the digital transformation of the payments industry, providing customers with a myriad of convenient payment methods.
15 November 2019
In banking and payments, much is discussed about the end retail customer experience. We often read about B2C or even B2B2C payments, mostly because mobile devices have extended well beyond simple communication.