Analytics in Banking

This is for discussion and sharing of views on trends, practices and views in analytics in banking and financial industry

Joe Rodriguez Sr. Managing Director Financial Services at Cloudera

How can data analytics impact decision-making in the fintech industry?

Data has become an essential driver for new monetisation initiatives in the fintech industry. Vast amounts of data are collected from customers, transactions, and market movements, among other sources. This offers tremendous potential to extract valuable insights that can inform business decisions, improve customer service, and create new revenue ...

13 March 2024 /regulation /retail

Vikram Kaul Partner - Data Analytics and AI at TCS

Data strategy in the age of GenAI

The new age of Gen AI is likely to bring about several changes in the way we approach Data Strategy. Data strategists will have to incorporate new Gen AI powered opportunities and reshape their views on what is possible with data. The most common question organizations have been asking of Data Strategists is “How can we incorporate Gen AI within ou...

04 October 2023 /cloud /predictions

Dmitriy Wolkenstein CEO at TIMVERO

The Crucial Role of Experimentation and Testing in Today's Competitive Banking Landscape

Hi all, Nice to see you again. In this topic, we would like to continue with an exploration of the problem and potential solutions to improve loan portfolio analytics. Introduction In today’s high-stakes banking industry, continuous innovation, strategy implementation, product development, and operational efficiency enhancement are more than just ...

04 October 2023 /retail /predictions

Rajeev Verma Consultant at Tata Consultancy Services Ltd

Process Transformation through Process Mining in Mortgage Industry

Process Transformation through Process Mining in Mortgage Industry The key driver for the growth in the mortgage industry is customer satisfaction fueled by faster service and competitive time to market. The challenges with mortgage industry are heavy documentation, timely decisioning, and compliance with strict regulatory guidelines. The mortgage...

28 September 2023 /retail

Rajeev Verma Consultant at Tata Consultancy Services Ltd

Aspects of MLOps on Cloud

Aspects of MLOps on Cloud Focus on Retail Banking by: Rajeev Verma I. Introduction Over the last 5 years, the adoption of cloud-enabled computing in the banking industry has gained traction. Moving from On-premise model deployment to big-data clusters was a step towards Machine Learning operations (MLOps). MLOps processes are defin

07 September 2023 /retail /cloud

Sushama Divekar Consultant - Retail Banking, Analytics & Insights at Not Applicable

Chief Data Literacy Officer (CDLO) – the new champion in the data world

The Chief Data Literacy Officer is not yet a role in the Data Management organization but must be – very soon. While the role of the Chief Data Officer has not completely been recognized or manned in many cases, and may not have matured as of now, is the need for a new entry into the C-suite world truly warranted? Well, the response to this is an e...

17 August 2023 /retail /wholesale

Sushama Divekar Consultant - Retail Banking, Analytics & Insights at Not Applicable

Data as a Product – the foundational pillar for the new-gen Data Mesh Architecture

In our previous article, Beyond the monolithic era- Data as a Product (https://www.finextra.com/blogposting/23986/beyond-the-monolithic-era--data-as-a-product) we had touched upon the new concept, Data as a product which is the way forward for organisations to manage data and move towards a data mesh architecture. This article elaborates this new...

30 June 2023 /retail /wholesale

Retired Member 

From Black Swans to Brighter Futures: FIs Ride with Data/AI & Cloud to take control of Risks &am

Black Swan events happen rarely, BUT it gives a tremendous opportunity to reinvent to create brighter futures – only if the business is proactive to handle. One way FIs can prepare is by digitaltransformation leveraging AI, Machine Learning, and Cloud to mitigate risk and address regulatory requirements while enhancing decision-making capabilitie

02 May 2023 /regulation /predictions

Retired Member 

Into the Matrix - AI to rescue banks?

AI is skyrocketing (again) while the panic is all around in the Financial Services Industry God knows what the next economic storm is going to be; along with the rise of digital banking, and the increasing complexity of financial transactions, the banks are struggling to keep up with the pace so it won’t go belly up. The question in thought lea

28 March 2023 /regulation /predictions

Sushama Divekar Consultant - Retail Banking, Analytics & Insights at Not Applicable

ChatGPT – the new disruptor in the Data and Analytics space

Everyone is talking about ChatGPT. And many are using it too. This new, AI powered tool was launched by OpenAI and it has created a stir across industries and people from all walks of life. The tool can provide well-articulated responses to queries, write codes, and deliver results to most queries, even those related to a process flow, data model ...

21 February 2023