Big data

307 articles tagged with this keyword

/wholesale

EBAday 2020: Cash visibility still an issue for corporate treasurers in 2020

Today, non-bank entrants such as PSPs and TPPs are entering the payments space to tap in to the lucrative and stable business that is transaction banking. To remain competitive and avoid disintermediation, financial institutions must support legacy core banking infrastructure and a resource-intensive, scalable delivery model – success is tied to relevancy in the corporate market and ensuring clients’ problems are resolved.

/cloud

EBAday 2020: Banks, fintechs or card networks, what will be disintermediated after cloud adoption?

While day one discussions centred around how open banking needs to reach a point where it is just accepted as a conventional way that consumers, corporates and banks can manage their accounts and make payments, panel sessions on the second day of EBAday 2020 focused on how the cloud and Payments as a Service (PaaS) can also act as an enabler for open banking, potentially cutting out rails that are currently acting as intermediaries.

/devops

How one bank’s tech team is teaching ‘on-the-fly’ data

Following her virtual session, ‘Democratising data-driven decisions with self-service tools’ at the Apidays conference, Yojas Samarth, senior data engineer, tech speaker and tech trainer at DBS Bank, speaks to Finextra Research regarding the nuance of training teams to effectively utilise data platforms.

/startups

Santander's Mouro Capital invests in proptech Clikalia

Santander's Mouro Capital has invested in Spanish online residential property platform Clikalia. The size of the investment was not disclosed.

/cloud

Personalisation and customisation with data in the banking and payments industry

As customers increasingly experience more consistent, personalised treatment from companies across a wide variety of industries, it is natural for them to expect—and require—the same of financial services providers.

/sustainable

Sibos 2020: Defining sustainable finance and ESG, beyond climate action and the environment

As wildfires, hurricanes, social and economic unrest and the pandemic play out across the global stage, the final of day of Sibos 2020 focuses on banking for humanity, the impact of ESG and the triple bottom line as a driver for sustainable business.

/devops

Sibos 2020: Let 'promiscuous' digital workers do the dirty (data) work

On day 3 of Sibos 2020, the conversation broached the weighty topic of tech execution, drawing links between the fundamental role of data in the ability of technology to reach its potential across financial services.

/wholesale

Client is king: How two US banks optimise tech execution

In anticipation of Sibos 2020, we zero-in on a key focus area that financial institutions across the payments landscape will be paying close attention to as technology becomes more complex, consumers more sophisticated, and margins ever-more slim. That is, getting the most out of technology investments by improving execution.

/cloud

What will drive capital markets firms to migrate to cloud in 2020 and beyond?

Legacy infrastructure cannot keep pace with the continuous automation, changing regulatory demands, dynamic market conditions and growing customer expectations in the financial services industry today, particularly in capital markets. Firms have started to realise the opportunities that come with cloud, redesigning operating models and implementing cost-saving measures to increase efficiency.

/people

Insurance giant Marsh appoints chief digital and data officer

Global insurance broker Marsh has aappointed Tamara Simpkins Franklin as chief digital, data, and analytics officer.

/crime

Finance employees deemed least trustworthy

Employees working in the financial services sector are 30% less trustworthy than colleagues in other sectors.

/retail

Banks asked to join £10m data challenge for global public health

Global health and academic leaders are asking for banks and payments firms to join the Trinity Challenge, a new competition to find better ways to identify and respond to public health threats.

/startups

Startup offers trading in 'value of human success'

Forget companies, gold and bitcoin, a London-based startup is promising to use AI and big data to let investors trade the economic value of successful people - from sports stars to politicians to social media influences.

/sustainable

CFTC report makes urgent call for data to mitigate climate risk

In the first ever comprehensive recommendation to be provided by a US financial regulatory agency to other regulators and financial institutions, the US Commodity Futures Trading Commission’s (CFTC) Climate-Related Market Risk Subcommittee has released a strong warning signal about climate risk management.

/sustainable

Linux Foundation targets climate risk with open source platform

The Linux Foundation has announced plans to user AI-enhanced open source analytics and open data to tackle climate risk and opportunity.

/sustainable

Coordinating ESG solution ideation for investment and asset management

In June 2020, Finextra Research welcomed industry experts to Sustainable Finance Live, the first virtual interactive workshop to discuss how financial services firms and technology companies can achieve the UN’s Sustainable Development Goals (SDGs) by 2030.

/security

HSBC and ABN Amro Ventures join $64.7 million round in Quantexa

Financial crime fighting platform Quantexa has raised $64.7 million in funding with support from HSBC and ABN Amro Ventures.

/wholesale

UBS Big Data tool tracks the risks to companies from activist investors

UBS has released a new Big Data tool to predict and quantify the probability of a company being targeted by activist investors.

/cloud

Deutsche Bank and Google Cloud agree multi-year deal

German banking giant Deutsche Bank has agreed a multi-year partnership with Google Cloud for the provision and joint development of cloud services.

/sustainable

Barclays drives impact investing through digital marketplace

In the wake of Finextra Research’s SustainableFinanceLive event, Richard Peers of ResponsibleRisk spoke with Damian Payiatakis, head of impact investing at Barclays and David Newman, co-founder of software fintech Delio, to dissect their new impact investing platform, Impact Agora.