In Today’s Digital World, Competitive Advantage For Financial Services Lies Only In Customer Satisfaction

The results of a new poll released last week by the deVere Group show that more than half of the world’s millennials are happy to switch to, or already have, to a digital-only bank. In today’s digital world, competitive advantage for financial services lies only in cust

| 30 Jul 2021

Benefits Of Automatic Data Extraction In Finance

In part 1 of the blog, we read about what is data ingestion and why it is necessary for financial institutions to automate this. Be it the approval of loans or predicting future trends, financial institutions are relying more and more on big data. The latter refers to t

| 30 Jul 2021

Automatic Data Ingestion in Finance

There’s no doubt that automation is changing, for the better, business performances in finance. Automating data extraction and ingestion adds value to finance departments and institutions. A recent survey by Dun & Bradstreet of finance operations in the US and the UK

| 18 May 2021

Granular Customer Data Represents a Golden Opportunity for Banks

Without a doubt, data analytics is altering the traditional banking system. In fact, it would not be an exaggeration to say the time has come to re-assess the concept of a bank, as we know it. But that is not the subject of this post. Instead, we are going to look at da

| 22 Nov 2018

How Predictive Analytics is changing the world of Insurance

Increasingly, Predictive Analytics is becoming the “weapon of choice” of insurance firms. The reasons are many, ease-of-use is one, the other is because of advances in Artificial Intelligence (AI) and Machine Learning (ML), deployment is easier and faster. Data analytics

| 06 Jun 2018

Growing Role of Finance Analytics in Banking

If ever there’s been a sector where analytics could play a stellar role, it’s banking. Data is something that banks have been dealing with for ages, and its scientific analysis can help them bring about major performance improvements, leading to a boost in their bottom

| 21 May 2018

The Growing Value of Finance Analytics

Since data science went mainstream, financial institutions (FI), including banks have started adopting it, or should one say, adapting to it? The areas where Finance analytics is deployed are: cost management, risk management, taxation, fund management, forecasting, profitabili

| 08 May 2018

How Analytics is Re-defining Financial Planning & Analysis

Today’s Chief Financial Officers (CFOs) find themselves under increasing pressure to execute Financial Planning and Analysis (FP&A) processes faster to discover insights that would augment the company’s future results. Many finance departments find themselves tasked

| 14 May 2016