Artificial intelligence was the hot topic in The Banker’s 2017 Technology Projects of the Year Awards, with other areas such as blockchain and mobile remaining highly contested. Each category, however, shows how innovative the financial sector has become, helped along the way by its engagement with the fintech community.
Realising the true value of data
In an age of ever-increasing amounts and complexity of data, the ability to monitor, aggregate,
process and drive business insights from this information is of critical value in all areas of banking.
The Banker explores ways that different parts of the banking industry – retail banks, investment
banks, transaction banks and wealth management firms – can use data to better serve their
customers, improve risk management and increase revenue.
Joy Macknight, deputy editor of The Banker, speaks with Duncan Ash, senior director, global financial
services at Qlik, to understand how to mine this wealth of data to add value to the business.
The video series discusses how data analytics can:
- Improve the customer relationship
- Ensure better allocation of capital
- Improve risk management
- Prevent fraud
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