16 August 2017
Find out more

Europe’s leading financial institutions select Trifacta to wrangle diverse data

24 November 2016  |  7749 views  |  0 Source: Trifacta

Trifacta, the global leader in data wrangling, says strong growth in Europe has given it a substantial foothold in Europe’s financial services industry.

Financial services and insurance companies have been among the first to recognise the importance and value of transforming their data assets. These companies are embarking on data initiatives to innovate within their business and to improve customer intelligence, while at the same time reducing risk, addressing fraud and managing increasingly complex regulatory requirements.

While leveraging data offers huge potential to enterprises, today’s analysts face many hurdles, including the increasing volume and variety of data sources. In addressing these challenges, data analysts can spend as much as 80% of their time sifting through the data, to clean, structure and blend it in order to produce actionable insights.

“The financial services industry is under increasing competitive and regulatory pressure, particularly in Europe. Banks and insurance companies generate massive quantities of data. Dealing with this appropriately is complex and often time-consuming, Trifacta empowers analysts to wrangle the data to drive their business and compliance needs,” summarises Jeremy Perlman, VP Europe, Trifacta.

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.niceactimize.comvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
hands typing furiouslyBI and Analytics - A New Perspective
10883 views 0 | 2 tweets | 12 linkedin
Coinbase raises $100mCoinbase raises $100m
9955 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9317 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9000 views comments | 8 tweets | 15 linkedin
HSBC automates documentary trade processing with IBMHSBC automates documentary trade processin...
8180 views comments | 6 tweets | 21 linkedin

Featured job

Competitive base and bonus, plus benefits
London, UK

Find your next job