IBM Big Data Hub

APRIL 4, 2024

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Banks want to tap into these new innovations.

Cost-Benefit 61

Cost-Benefit Risk Management Risk Digital Transformation 61

AWS Big Data

FEBRUARY 1, 2024

Financial services customers are using data from different sources that originate at different frequencies, which includes real time, batch, and archived datasets. For the data used to create this solution, we partnered with FactSet , a leading financial data, analytics, and open technology provider.

Data Warehouse 121

Data Warehouse Dashboards Risk Management Risk 121

IBM Big Data Hub

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. This is something we’re likely to see more of this year.

Risk Management 51

Risk Management Insurance Cost-Benefit Risk 51

CIO Business Intelligence

SEPTEMBER 7, 2023

At Discover® Financial Services, it lies at the heart of the company’s business goals and growth. Innovation is about modernization, it’s about optimization,” said Dan Gisolfi, Distinguished Engineer, Head of Innovation and Intellectual Property at Discover Financial Services.

Experimentation 97

Experimentation Digital Transformation Optimization Testing 97

CIO Business Intelligence

OCTOBER 25, 2022

The move to digital business has wrought profound changes in certain industries, and financial services is one of them. Not only are traditional financial services companies using data and technology to change the game, a plethora of “FinTech” startups are using digital products to dislodge traditional players.

Insurance 117

Insurance Data Architecture Data-driven Interactive 117

O'Reilly on Data

MAY 23, 2019

Chong has extensive experience using analytics and machine learning in financial services, and he has experience building data science teams in the U.S. We had a great conversation spanning many topics, including: Potential applications of data science in financial services. and in China.

Machine Learning 227

Machine Learning Data Science Management Analytics 227

Dataiku

SEPTEMBER 28, 2023

In the financial services industry, there is no shortage of complex problems whose solutions can be arrived at more quickly — and more effectively — with the help of advanced data analytics.

Data-driven 78

Data-driven Modeling Data Analytics Analytics 78

Cloudera

OCTOBER 18, 2023

In the ever-evolving landscape of the financial services Industry, change is a constant and transformation is a requirement — to stay at pace with new regulations, risk mitigation, and the technological developments that support transformation.

Cost-Benefit 77

Cost-Benefit Testing Machine Learning Optimization 77

Teradata

FEBRUARY 9, 2023

In the aftermath of the 2008 financial crash, service providers have been subject to increasing rules & requirements. To what extent has this climate held back advances in data analytics?

Data Analytics 116

Data Analytics Analytics 116

Cloudera

APRIL 19, 2023

Data has become an essential driver for new monetization initiatives in the financial services industry. With more people relying on mobile digital transactions to check balances, make deposits and payments, and execute trades, financial services firms are able to collect a massive amount of data on a wide range of customer behavior.

Data-driven 70

Data-driven Data Architecture Measurement Risk 70

Dataiku

JANUARY 25, 2024

Central Bank tightening created a challenging environment in 2023 for many corners of the global financial services industry. Bank balance sheets were stressed and key business lines like mortgages and corporate deal making slumped.

Insurance 75

Insurance Management 75

CIO Business Intelligence

DECEMBER 16, 2022

As part of its ongoing strategy to expand its roster of public cloud regions and catch up with larger cloud service providers such as AWS, Microsoft and Google, Oracle has launched a new cloud region in Chicago to cater to enterprises operating out of the US Midwest. billion approximately every quarter for the next few quarters.

Manufacturing 98

Manufacturing Finance Strategy Data Science 98

CIO Business Intelligence

JULY 11, 2022

The shift to a digital business environment in financial services began well before the pandemic pushed it and other sectors to more rapidly embrace digital transformation. As customers have become increasingly digitally savvy, they demand that financial services firms be more responsive to their needs.

Digital Transformation 109

Digital Transformation Software Management Data Integration 109

Cloudera

JANUARY 28, 2022

As I meet with our customers, there are always a range of discussions regarding the use of the cloud for financial services data and analytics. Data services for structured, unstructured, real-time & batch data across clouds . Portable, interoperable data services for the lifecycle of data across clouds.

Slice and Dice 111

Slice and Dice Cost-Benefit Risk Data Governance 111

CIO Business Intelligence

JUNE 7, 2022

Chatbots are just one application of natural language processing (NLP), a type of artificial intelligence (AI) that is already having a major impact in financial services, among other industries. . The Financial Services industry is projected to be a major source of this spending. by 2025, according to IDC.

Unstructured Data 98

Unstructured Data Deep Learning Insurance Interactive 98

Dataiku

MARCH 30, 2021

In the NewVantage Partners Big Data and AI Executive Survey 2021 , “financial services firms continue to be at the forefront in terms of the scope and depth of their data requirements and initiatives.”

Big Data 93

Big Data Data Science Strategy 93

Analytics Vidhya

APRIL 9, 2024

Oracle Financial Services has unveiled an innovative solution aimed at supporting banks’ efforts to combat money laundering. trillion expected to be laundered this year, the financial sector faces unprecedented challenges. With the increasing complexity of compliance and the staggering $5.05

Analytics 314

Analytics Finance Technology 314

CIO Business Intelligence

MAY 11, 2022

Over the last decade Africa has gained a reputation for global leadership in mobile money, with Kenya at the forefront, but up to now financial services via mobile phones have not taken deep root in the continent’s most populace country — Nigeria. Mobile money is not entirely new to Nigeria. Telco mobile money can reach rural areas.

Marketing 109

Marketing Insurance Reporting Consulting 109

IBM Big Data Hub

MAY 23, 2023

IBM Cloud completed its 2023 independent review of IBM Cloud services and processes. The review report demonstrates to its clients, partners and other interested parties that IBM Cloud services have implemented and adhere to the technical, administrative and physical control requirements of IBM Cloud Framework for Financial Services.

Reporting 70

Reporting Risk Management Data Processing Risk 70

bridgei2i

APRIL 26, 2021

Using artificial intelligence in business processes permits the digitization of core financial processes. More than 30% of financial authorities are already using AI. If you wish to know more, in this article, you will know the importance of artificial intelligence in financial services. . Risk management .

Finance 105

Finance Risk Risk Management Enterprise 105

Data Virtualization

APRIL 5, 2023

Reading Time: 3 minutes Digitization has been a boon for financial services, bringing the industry into a new age. The post Data Mesh and the Future of Financial Services appeared first on Data Virtualization blog - Data Integration and Modern Data Management Articles, Analysis and Information.

Data Integration 52

Data Integration Management Data Lake IT 52

Data Virtualization

APRIL 5, 2023

Reading Time: 3 minutes Digitization has been a boon for financial services, bringing the industry into a new age. The post Data Mesh and the Future of Financial Services appeared first on Data Virtualization blog - Data Integration and Modern Data Management Articles, Analysis and Information.

Data Integration 52

Data Integration Management Data Lake IT 52

KDnuggets

JULY 29, 2022

Explainability and good model governance reduce risk and create the framework for ethical and transparent AI in financial services that eliminates bias.

Modeling 112

Modeling Risk Machine Learning 112

Ontotext

APRIL 3, 2024

In this post we present you with insight gathered at the Knowledge Graph Forum during the panel on Financial Services. Read about the latest use cases and trends in the Financial Services industry and learn how Generative AI and LLMs complement with key capabilities of knowledge graphs. What are your thoughts about it?

Technology 59

Technology Risk Digital Transformation Measurement 59

Dataiku

JANUARY 18, 2023

Enterprises in the financial services and insurance (FSI) industry are very familiar with them — painfully so, in many cases. Unstable, uncertain, unpredictable: these are just three of the words that have become shorthands for the past three years in the global economy and world politics.

Insurance 81

Insurance Enterprise IT 81

DataKitchen

FEBRUARY 11, 2021

The post Differentiation Through DataOps in Financial Services first appeared on DataKitchen.

130

130

CIO Business Intelligence

JUNE 7, 2022

By David Andrzejek, Head of Financial Services, DataStax. While enterprises in all sectors of the economy will compete with data, the effective capture and use of data in information-intensive sectors like online services, banking, and financial services is especially critical and will separate winners from losers.

Cost-Benefit 98

Cost-Benefit Data-driven Technology Enterprise 98

Domino Data Lab

JULY 14, 2022

The financial services industries are starting to realize the full import of the fact that, like household chores like dishwashing and garden work, ML models are never really done. Rather, AI and ML models need to be monitored for validity, and often, they also need to be re-explained and re-documented for regulators.

Insurance 98

Insurance Modeling Management Risk Management 98

CIO Business Intelligence

JUNE 13, 2022

Today, most banks, insurance companies, and other kinds of financial services firms have deployed natural language processing (NLP) tools to address some of their customer service needs. Financial services firms all over the globe are investing heavily in artificial intelligence (AI). But that isn’t a bad thing.

Data Processing 104

Data Processing Deep Learning Insurance Cost-Benefit 104

Data Virtualization

APRIL 27, 2023

Reading Time: 2 minutes In today’s rapidly evolving financial landscape, it is more important than ever for financial institutions to stay ahead of the curve and offer tailored products and services that meet the unique needs of their customers. A significant inhibitor is the.

Data Integration 52

Data Integration Management Data Lake IT 52

CIO Business Intelligence

MARCH 24, 2023

Anxious to meet international standards, satisfy investors, and profit from a growing array of sustainable products, financial services firms are intensifying their focus on environmental, social, and governance (ESG) goals. Technology can help banks and other financial institutions overcome these hurdles.

Risk Management 52

Risk Management Consulting Metrics Data Quality 52

Ontotext

JULY 6, 2023

Changing the game with knowledge graphs So how does knowledge graph technology help enterprises in the Financial Services Industry become data-driven? In this context, people may be interested to know about: some financial aspects like portfolio exposure to assets, customers and countries, etc.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

Cloudera

AUGUST 30, 2022

The financial sector’s evolution is unleashing myriad demands on firms operating in the market. While heavy regulations have always existed in financial services, data regulatory compliance standards have been heightened significantly and laws in this space are constantly evolving. Embrace incremental progress.

Strategy 102

Strategy Data Strategy ROI Cost-Benefit 102

Dataiku

JULY 28, 2023

When thinking about the future of AI in financial services, it’s exciting to consider the endless possibilities. In the abstract, terms like “revolution,” “transformation,” and “sea change” captivate our attention and our imaginations. Will the future of FSI look completely altered?

IT 52

IT 52

IBM Big Data Hub

JULY 31, 2023

We already covered how mainframe modernization isn’t just for the financial industry , so why not address the elephant in the room? Financial services companies are considered institutions because they manage and move the core aspects of our global economic system.

Digital Transformation 54

Digital Transformation Uncertainty Risk Data Warehouse 54