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Latest expert opinions

Sushama Divekar

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...

/retail /wholesale Analytics in Banking

Sushama Divekar

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...

/retail /wholesale Analytics in Banking

Sushama Divekar

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 ...

Analytics in Banking

Sushama Divekar

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

Data Literacy – the critical pillar in Digitalization and Innovation

Introduction Data Literacy is the ability to read, write, understand, and communicate with data effectively so that information is used to enable quick business decisions and business outcomes. To put it simply, Data Literacy is really about the skills and competencies to work with data and information. The need for Data Literacy today is extremel...

/retail

Sushama Divekar

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

The Interrelationship between Data Governance and Data Quality

Introduction Data is the new buzzword. And Data Quality is on every conversation chart of organizations who are struggling with a humongous amount of data and are at a loss on how to manage it. While organizations generate and have access to tons of data, both internally and externally, few have truly managed to understand how to leverage the data ...

Analytics in Banking

Sushama Divekar

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

How Banks can leverage Data Blueprint to create an effective and efficient AML programme

The Anti Money Laundering (AML) space is like a double edged sword that dangles on Banks. While on one hand the regulations are getting more stringent, on the other hand, fraudsters are always finding loopholes in bank's processes, procedures and patterns to go undetected with their money laundering activities. Hence, Banks need to up their effo

/retail Financial Risk Management

Sushama Divekar

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

Why Banks cannot leverage on self-service options to bring out the intended business impact?

All Banks today, irrespective of size or geography have joined the Digitization and self-service bandwagon. Investments and budgets are being carved out, and Digitization seems to be the top priority of every Bank, irrespective of size or geography Pick any annual report, or investor presentation, and in 8 out of 10 such instances, Digitization is ...

/retail Disruption in Retail Banking

Sushama Divekar

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

Customer inclusion to make Transformation successful

A recent article on Finextra, on Barclays Code Playground inspired me to write my thoughts on this creative and relevant concept, introduced by a bank that obviously understands how important it is to take the customer along with the technology advancements, to create maximum impact. This article does not look at Code Playground, but touches upon ...

Sushama Divekar

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

What should Business Transformation achieve?

While most organizations have joined the Transformation bandwagon, let us pause, and spare a thought, to what should this magic word achieve? Even before embarking on a Transformation programme, a clear alignment of the initiative, with the strategic priorities of an organization, is a must. Failure to do so can prove disastrous, it terms of effo

/retail

Sushama Divekar

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

What is business Transformation?

Transformation is the new buzz word in the business environment. Every Bank and Financial Institution (FIs) has initiated some programme for this and has set aside budgets to achieve transformation. And, there is no choice. The technology revolution, coupled with the Millennial, is ensuring a change in the old order. And, for Banks and FIs to stay ...

/retail