64 Results from 2023, /wholesale
Dmitriy Wolkenstein CEO at TIMVERO
Hi all, Today we are continuing with our series of articles about data usage, AI/ ML modeling, and analytics in banking. Start. In today’s data-driven world, businesses have a wealth of information available to them, gathered from a myriad of sources. However, a common challenge that most organizations face is the non-uniform format of this data, w...
09 October 2023 /retail /wholesale Big Data
Hi all, Nice to see you again. In this topic, we would like to start with an example to describe the problem of loan portfolio analysis better. Problem example: Data censoring, or the process in which some data is not available or biased, presents a significant problem for businesses across various sectors. This issue becomes highly prevalent when...
08 October 2023 /retail /wholesale Big Data
Hi all, It's Dmitriy from TIMVERO. Today we are starting our series of articles about data usage, AI/ ML modeling, and analytics in banking. First one is going to be about issues with data availability. So, let’s start. In today’s banking sector, institutions may find themselves perched upon a false sense of data availability. Often, they may beli...
06 October 2023 /retail /wholesale Big Data
Retired Member
Trade digitization, driven by advances in technologies such as blockchain and AI, has been a topic of conversation at Sibos for the last several years. Yet challenges remain, contributing to the widening of the trade finance gap. Many transactions still rely on paper due to traditional practices and fragmented supply chains across jurisdictions. M...
05 October 2023 /wholesale /sustainable Banking Strategy, Digital and Transformation
Mantvydas Štareika CEO at CapitalBox
Despite making up 99 percent of European companies and the backbone of its economy, small- and medium-sized enterprises (SMEs) remain underfunded in the billions of euros. Recent research estimates the gap is about 400 billion euro in the E.U. alone. These businesses are overwhelmingly underbanked, and it’s keeping them from growing. This situatio...
26 September 2023 /wholesale /startups Small Business Lending Innovation
The Chief Data Literacy Officer is not yet a role in the Data Management organization but must be – very soon. While the role of the Chief Data Officer has not completely been recognized or manned in many cases, and may not have matured as of now, is the need for a new entry into the C-suite world truly warranted? Well, the response to this is an e...
17 August 2023 /retail /wholesale Analytics in Banking
Prateek Duhan Senior Consultant at Capco
Replacing Anecdata with Real Insights The Irish mathematician, physicist, and engineer Lord Kelvin left us with numerous scientific inventions and these striking words of wisdom: “What is not defined cannot be measured. What is not measured, cannot be improved. What is not improved, is always degraded.” In the previous four installments, we made a...
08 August 2023 /wealth /wholesale Fintech
Steve Sabin SVP, Division Executive, Lending at FIS
As interest rates rise and growth slows for commercial lenders, investment in the back office is back with a vengeance. That’s great news for loan servicing operations, which look set to benefit in more ways than one from a renewed focus on cost cutting and efficiency. In the boom times, when lending is one of the biggest drivers of top-line re...
01 August 2023 /wholesale /markets Banking and Lending Solutions
Viren Patel Financial Services Industry Strategist at Workday
Financial services firms are using Artificial Intelligence (AI) and Machine Learning (ML) more and more heavily. The latest research from The Bank of England and Financial Conduct Authority, for example, suggests that 72% of UK firms in the sector are developing or deploying ML, a branch of AI that gives machines the ability to "learn" f...
17 July 2023 /retail /wholesale Artificial Intelligence and Financial Services
Alex Ford President, North America and Chief Revenue Officer at Encompass | RegTech Association | Women in RegTech
As more banks concentrate on digital transformation to power growth and operational efficiency, the opportunity to simultaneously leverage technology to mitigate risk and promote transparency - particularly via RegTech solutions, is continuing to increase in relevance globally. This is a topic that I discussed as part of a panel of industry exper...
14 July 2023 /regulation /wholesale RegTech
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