Data Solutions Insights

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WORM compliant storage in the cloud: Putting the finance industry on Cloud 9

14th August 2017

The financial industry remains one of the largest and most highly scrutinized and regulated industry’s in the world.  In the U.S. alone FINRA, a not-for-profit organization authorized by Congress to protect America’s investors, keeps watch over 632,740 brokers representing over 3,800 broker-dealer firms. In 2016, FINRA referred 785... read more
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Editor's picks: Developments in biometrics

11th August 2017

Company: bobsguide
1. Transforming KYC: Three technologies to watch Gathering and validating the data needed to comply with Know Your Customer (KYC) is not easy. Documents can be forged. Ownership structures can be concealed. And practices like trade-based money laundering make it difficult to track money flow. Not only have bad actors become more adept at... read more
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Building a data & analytics talent strategy

9th August 2017

Company: Savannah
George Nice - Partner in Savannah Group’s Financial Services Practice More data has been collected over the past two years than in the entire history of the human race. This data-collection frenzy is the result of several technology trends converging and accelerating to give us greater access to data, better data storage and faster data... read more
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Software doesn’t grow on trees: Managing digital business spending

8th August 2017

Digital technologies are revolutionising the way that businesses operate. Research conducted by Gartner illustrated the rapid adoption rate of digital transformation, with just under half of CEOs stating that the board of directors is challenging them to make progress in digital business, with 56 per cent stating that the digital investments are... read more
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Analysing financial data: Best practices for banks

7th August 2017

Company: Quantrix
It is widely accepted that banking is one of the most data driven industries out there and online banking and electronic trading produces millions of data points every day. Regulatory requirements are challenging banks more and more to capture, store, and analyse data over multiple years, departments and regions… a true... read more
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Blockchain explained: Four benefits for businesses

2nd August 2017

In 2009, a little-known currency entered the market. If you had bought one thousand of them at this time, you would have had to hunt around for about £4.16 of change in your sofa. Purchase one thousand today, and your credit card will take a hit of over £2m. This phenomenon? Bitcoin. Bitcoin has become the buzzword of 2017, alongside... read more
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Embracing biometrics to prepare for GDPR

2nd August 2017

Protecting customer’s data privacy is critical for organisations of all sizes and in all industries – but even more so when and where it’s mandated by law. The General Data Protection Regulation (GDPR) is approaching quickly; with the deadline less than a year away, it’s time to think about what complying looks like. ... read more
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Editor's pick: Fintech and GDPR

28th July 2017

Company: bobsguide
bob’s guide to treasury management systems: How financial professionals can prepare for GDPR Leonie Mercedes - Reporter, bobsguide The penalties for non-compliance of GDPR are high: any breaches incur a maximum penalty of 4% of the organisation’s global annual turnover, or €20m, whichever is more. But many studies... read more
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In-memory Computing: Boosting the performance of financial services IoT projects

26th July 2017

Company: GridGain Systems
Few would doubt that the Internet of Things (IoT) will disrupt everything we know about data transaction processing and analytics. According to Gartner, by 2020, 26 billion IoT devices will be creating data that will be communicated over the Internet for analysis – often in real time. And that figure doesn’t even include computers and... read more
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Editor's picks: The development of omnichannel banking

21st July 2017

Company: bobsguide
Redefining the banking experience through omnichannel Polys Hadjikyriacos, CBDO, NETinfo PLC It is an irreversible global trend that people’ lifestyles are increasingly dominated by digital channels. Across the entire spectrum of everyday services, from social, to professional, to consumer, banks are making the conscious decision... read more