article thumbnail

As insurers look to be more agile, data mesh strategies take centerstage

CIO Business Intelligence

In this way, data may just be the ultimate disruptor – a fact that the insurance industry knows all too well. As data volumes continue to increase alongside a correlating number of business requests, modern insurance data leaders face a nuanced set of challenges. To learn more, visit us here.

article thumbnail

The Need For Personalized Data Journeys for Your Data Consumers

DataKitchen

While this is a technically demanding task, the advent of ‘Payload’ Data Journeys (DJs) offers a targeted approach to meet the increasingly specific demands of Data Consumers. Payload DJs facilitate capturing metadata, lineage, and test results at each phase, enhancing tracking efficiency and reducing the risk of data loss.

Insurance 169
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Sure-Fire Tips How AI Is Going to Improve Fintech in 2021

Smart Data Collective

AI (Artificial Intelligence) and ML (Machine Learning) will bring improvement in Fintech in 2021 as the accuracy and personalization of payment, lending, and insurance services while also assisting in the discovery of new client pools. Client Risk Profile Categorization. A crucial decision is needed in many financial sectors.

Insurance 118
article thumbnail

How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

A leading insurance player in Japan leverages this technology to infuse AI into their operations. Real-time analytics on customer data — made possible by DB2’s high-speed processing on AWS — allows the company to offer personalized insurance packages.

article thumbnail

How strategic partnerships are the key to AI-driven innovation

CIO Business Intelligence

Furthermore, CIOs will need to partner with large language model (LLM) developers to fine-tune GenAI algorithms based on the business use and the ease with which these models can be integrated with their existing data layer fabric.

Strategy 137
article thumbnail

Don’t Fear Artificial Intelligence; Embrace it Through Data Governance

CIO Business Intelligence

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. This first article emphasizes data as the ‘foundation-stone’ of AI-based initiatives. Establishing a Data Foundation. era is upon us.

article thumbnail

Transforming FSI in ASEAN with Cloud Analytics

CIO Business Intelligence

Right from the start, auxmoney leveraged cloud-enabled analytics for its unique risk models and digital processes to further its mission. Particularly in Asia Pacific , revenues for big data and analytics solutions providers hit US$22.6bn in 2020 , with financial services companies ranking among their biggest clients.