Data Solutions Insights


How HSBC is using AI in its anti-money laundering compliance

21st September 2017

Company: bobsguide
Gurjeet Singh, co-founder and Executive Chairman of Ayasdi, spoke to bobsguide about the challenges of compliance with anti-money laundering, the characteristics of AI, and how AI is vastly improving false positive rates on suspicious security reports. How did you find your way to Ayasdi? I did my graduate work in computational mathematics... read more

Taking control of data access: Reducing risk ahead of the GDPR

21st September 2017

Company: Varonis
Matt Lock, Director of Sales Engineers, Varonis The legal implementation of the General Data Protection Regulation (GDPR) is looming and with data volumes set to grow, it’s never been more important for the financial sector to take control of their data. However, a recent global report has found that 76% of IT decision makers in the... read more

The rise of goAML reporting and the impact of data quality

18th September 2017

As of June 2017, all reporting entities in Ireland are required to submit their regulatory reports, such as suspicious transaction reports (STRs), electronically to the Irish Financial Intelligence Unit (FIU) using the goAML portal. This is part of a global trend where regulators are standardizing reporting platforms, and represents a significant... read more

Fintech is still booming in India despite general economic downturn

13th September 2017

Company: bobsguide
India’s gross domestic product (GDP) growth failed to meet expectation as it slumped to 5.7% during Q2 this year, government data reported late last month. This compares to Q1 growth figures of 6.1% this year and 7.9% for Q2 last year. Many analysts expected GDP figures to rise following the government’s crackdown on black... read more

How business intelligence is revolutionising banking

13th September 2017

Company: Sisense
In the early 1990's, the increasing popularity of automated teller machines (ATM's) revolutionised banking, lowering the number of tellers required for each branch and allowing thousands of new branches to be opened as a result. Now, the banking industry is on the cusp of another technological revolution: big data and artificial... read more

Leveraging data to streamline and optimise implementations

6th September 2017

You can’t manage that which you can’t measure is a business maxim that has only become more true as data has become increasingly available to track and benchmark business processes. While there has been a concerted effort throughout financial services to leverage operational metrics available through next-generation data management... read more

Marketing channel optimisation in financial services: How to get started

5th September 2017

Company: Fospha
Claiming to be digital-first is universally challenging, particularly in financial services where only 9% claim to be, compared with 11% across all other sectors. One of the biggest barriers to this is that companies are unable to obtain a holistic view of their customers, meaning they are unable to visualise and analyse the costs associated with... read more

What is the future of in-memory computing?

5th September 2017

Company: GridGain Systems
Once considered too expensive for all but high performance/high value applications, in-memory computing (IMC) is now moving into the mainstream. Almost every organisation today has high performance application requirements and, according to Gartner, IMC technologies provide a cost-effective path to creating modern, scalable, real-time applications.... read more

“There’s a lot of hand waving with machine learning in Trade Surveillance”

4th September 2017

Company: bobsguide
bobsguide spoke to Dermot Harriss, Senior Vice President of Regulatory Solutions at OneMarketData, about how machine learning and new regulations are changing the landscape of trade surveillance, and how a balanced mix of data management via machine learning can reduce false positives and minimise costs for firms. How did you get into trade... read more