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Reading Time: 3 minutes Recently, I was fortunate enough to get some time with the CIO of a mid-sized financial services company. When I asked him what his most pressing priority was for 2024, he answered, “taming the data storm.” CIOs are no longer viewed…
Reading Time: 2 minutes In the dynamic arena of banking, hyper-personalization emerges as a beacon of innovation, reshaping customer interactions in profound ways. Join us as we embark on a journey to explore this intriguing domain, unravelling its core principles, diverse applications, associated benefits,…
Reading Time: 3 minutes More and more companies are managing messages and events in real time using tools like Apache Kafka. Kafka is used when real-time data streaming and event-driven architectures with scalable data processing are essential. It can benefit the management of microservices,…
Reading Time: 2 minutes Regulatory compliance is a critical consideration for businesses, especially in heavily regulated sectors such as financial services and pharmaceuticals, which require companies to frequently submit detailed reports about their operations to government agencies. Compliance often requires a significant investment of…
Reading Time: 2 minutes Open banking has promised a revolutionary transformation in the financial sector, aiming to empower consumers with greater control over their financial data. Introduced in the UK in 2018, open banking has the potential to reshape the way individuals interact with…
Reading Time: 2 minutes In today’s rapidly evolving financial landscape, it is more important than ever for financial institutions to stay ahead of the curve and offer tailored products and services that meet the unique needs of their customers. A significant inhibitor is the…
Reading Time: 3 minutes Digitization has been a boon for financial services, bringing the industry into a new age. However, it has also brought massive and growing data volumes that can be either a goldmine or an indecipherable pool, depending on each organization’s ability…
Reading Time: 3 minutes The financial services sector is accelerating its adoption of digital technology. Innovative new technologies are redefining the sector, shaping the services that financial organizations offer, the ways in which they interact with consumers, and the ways in which they apply…
Reading Time: 4 minutes Some say that data is the new “black gold,” but I believe that just like crude oil, data has little value until you extract it, refine it, and put it to use. In this post, I will share some of…
Reading Time: 3 minutes Over the years, there has been a significant increase in regulations, specifically in the financial services industry, to curb the illicit activities that aid corruption, money laundering, and sanctions-busting. These regulations have particularly increased in the aftermath of the 2008…
