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ISO 20022: Are your payment systems ready?

IBM Big Data Hub

ISO 20022 data improves payment efficiency The impact of ISO 20022 on payment systems data is significant, as it allows for more detailed information in payment messages. Furthermore, ISO 20022 enables interoperability between different payment systems, which is critical in today’s global financial ecosystem.

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The Foundations of a Modern Data-Driven Organisation: Change from Within (part 2 of 2)

Cloudera

A data-driven approach to talent management and development brings about greater transparency, reduced attrition and more effective training and enablement. Data enables Innovation & Agility. These models are then used for anomaly detection or inferences about what will happen. . Risk Management.

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Back to the Financial Regulatory Future

Cloudera

From stringent data protection measures to complex risk management protocols, institutions must not only adapt to regulatory shifts but also proactively anticipate emerging requirements, as well as predict negative outcomes. This results in enhanced efficiency in compliance processes.

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The Power of Ontologies and Knowledge Graphs: Practical Examples from the Financial Industry

Ontotext

These two key data elements are used in approximately 80% of the use cases in the sector. It is reused in modeling the publication of entity data or regulatory-mandated data exchange, as seen in the example provided below. We think their adoption will bring benefits well beyond reporting.

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Business process management (BPM) examples

IBM Big Data Hub

This enables proactive decision-making, ensures consistency and improves operational efficiency. Also, BPM provides real-time insights into compliance metrics and risk exposure, enabling proactive risk management and regulatory reporting. In fact, BPM can be used to improve the project management process.

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Data-driven competitive advantage in the financial services industry

Cloudera

Cloudera’s customers in the financial services industry have realized greater business efficiencies and positive outcomes as they harness the value of their data to achieve growth across their organizations. Data enables better informed critical decisions, such as what new markets to expand in and how to do so.

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The Gartner 2021 Leadership Vision for Data & Analytics Leaders Webinar Q&A

Andrew White

What is unique about the D&A Leadership Vision is that it crossed over into business since for many organizations, the CDO reports into the CEO or COO (as examples). The fill report is here: Leadership Vision for 2021: Data and Analytics. How do you think Technology Business Management plays into this strategy?