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Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

According to Berenberg analysts , individual insurance companies faced total claims estimates of up to approximately USD 300 million. For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. As a result, their market would shrink.

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Private equity looks to the CIO as value multiplier

CIO Business Intelligence

The CIO’s value in the rebounding private equity market appears to be increasing, as investors see IT as an enabler of new revenue and as a driver of cost efficiencies. As private equity firms invest in companies, they aim to increase value rapidly, and leveraging technology is a key strategy in achieving this objective,” he says.

Insurance 103
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How Financial Services and Insurance Streamline AI Initiatives with a Hybrid Data Platform

Cloudera

The Danger of Black-Box AI Solutions We believe the best, most pragmatic solution for AI in financial services and insurance is what we call–“Trusted AI.” proprietary data, business strategies, methodologies, etc. Glean insights into customer behavior and market trends that also correspond to overlooked sales opportunities.

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Navigating Banking and Insurance With Longview Tax

Jet Global

Modernize your Tax Operations with Regional (State-by-State) Tax Provisioning Download Now Transforming Tax Strategies to Meet Growing Organization Needs With a pandemic-driven digitization wave crashing over financial services, the top priority for most tax departments is actively transforming and modernizing its tax and finance operating model.

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How To Enhance Your Analytics with Insightful ML Approaches

Smart Data Collective

They need a more comprehensive analytics strategy to achieve these business goals. However, the rapidly changing business environment requires more sophisticated analytical tools in order to quickly make high-quality decisions and build forecasts for the future. This is why businesses are looking to leverage machine learning (ML).

Analytics 114
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How CIOs align with CFOs to build RevOps

CIO Business Intelligence

That means using the technology to improve a company’s marketing, sales, customer success, and RevOps: the process of aligning all three operations across the full customer life cycle in a way that drives growth, improves efficiency, and breaks down silos. Revenue leaders embracing AI The interest is there on the business side.

Sales 123
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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

At the same time, they are defunding technologies that no longer contribute to business strategy or growth. Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. This should secure our business strategy for the next five years and longer.”

IT 145