2 February, 2017
Bots get a lot of buzz these days. In the enterprise, a lot of this buzz focuses on customer care use cases, trying to provide…
1 February, 2017
Libratus, artificial intelligence developed by Carnegie Mellon University, has beaten four of the best heads-up no-limit Texas hold’em poker players in the…
16 April, 2015
Banks see investment in business intelligence and analytics technology as a greater priority than security as they use IT to achieve business benefit from mature online and mobile banking services.
According to research from Ovum, business intelligence and analytics was ranked as a top IT theme by 29% of banks…
10 April, 2015
The vast proliferation of data and increasing technological complexities continue to transform the way industries operate and compete. Over the last two years, 90 percent of the data in the world has been created as a result of the creation of 2.5 quintillion bytes of data on a daily…
9 April, 2015
When insurance companies say they struggle to attract top-level technology talent to their organizations because of the industry’s conservative reputation, it can become a self-fulfilling prophecy. But Mike Kozub, SVP of customer insights and analytics for Nationwide, doesn’t agree with that characterization —- and he knows something…
Publication: Information Management
3 April, 2015
The traditional Wall Street stock picker tries to keep an eye on a handful of factors that could affect his or her investments, from bond yields and the yen exchange rate to oil prices and monthly consumer spending figures.
But a new class of hedge-fund firms are betting that…
30 March, 2015
Big data, or the large pools of data that can be captured, processed and then analysed, is now reaching into every sector and function of the global economy.
Financial services businesses, including the investment banks, generate and store more data than any other business in any other sector – broadly because…
26 March, 2015
Companies have increasingly recognized the importance of business intelligence (BI) and analytics – the ability to transform data generated through business transactions, interactions, social exchanges and sensor-based systems into business insights.
The promise of BI is that it can deliver a holistic, real-time and illustrative view of a company…
Publication: CFO Innovation
10 February, 2015
Assessing the loan-worthiness of an applicant is no easy task. Credit scores, a three digit metric that offers lenders a way to benchmark your worthiness against the average applicant, is often seen as a flawed system that punishes the “guilty” with a sentence that is much larger than the…
Publication: SmartData Collective
5 February, 2015
Just 10 years ago, finance was a small-data discipline. The small-data approach was partly due to the actual lack of data. To most investors, exchanges offered only four prices per stock per day: Open, High, Low and Close, and all of those were reported the following day (on…
Publication: Huffington Post
27 January, 2015
There was a time when a CIO was supposed to talk plumbing and a CFO was to talk, well, matters of money.
But that was then. Today, the lines of these two supposedly-different functions have blurred beyond recognition. Today the CIO demands ROI description when picking a technology decision…
Publication: News Hub
6 January, 2015
Beyond revenue generation, cost reduction and risk management opportunities, big data provides banking organizations the opportunity to build trust with consumers by enabling better financial recommendations based on personalized needs. Taking advantage of this opportunity will increase loyalty at a time when competition is increasing.
The rapid transition to digital…