Shailendra Malik SVP - Tech Delivery (Data Platform) at DBS Bank
I’ve been asked this question on multiple forums that why a bank is required to sell soaps, it is not their place to be and they’re not good at it so why bother, and they’re not wrong. This is not a bank’s competency so why invest time, money, resources and effort in building this platform or ecosystem. Why banks are willing to build mobile apps t...
19 November 2018 Digital Banking Trends
RPA or (Robotic Process Automation) is a way to automate business processes by applying technology as a solution which is governed by business logic and structured inputs. There are many tools like Blueprism available in the market to facilitate and automate basic operations. Those who have been workingwith Excel Spreadsheets can see this as a pro...
11 November 2018 /ai Banking Strategy, Digital and Transformation
I have written before about Lifestyle apps and their use by banks, but I get a lot of questions about what are the best strategies to embed the collaboration of two different organizations on lifestyle apps. This a very pertinent question as a lifestyle app created by any company should provide a basic framework for all its partners to be able to c...
18 October 2018 Digital Banking Trends
Machine learning (ML) adds a unique and sometimes overwhelming experience to a decision system. The use cases that fit for using Machine Learning approach in a bank are numerous. Usually, in banks, the departments have their own IT teams to carry out enhancements & maintenance of existing systems. Even in those banks which have adopted the sha...
13 October 2018 /ai Internal Auditors in Financial Services
When in industry more than 50% of new roles are driven towards a specific skill set and when projections from various recruiting companies shows the world being short of certain skilled people and employers are scrambling to find certain type of resources in the market and are willing to pay a premium to get them on-board then it is a clear sign t...
05 October 2018 /ai Trends in Financial Services
We’re all going overboard with the AI boom and the hype cycle. Problem with all hype cycles is that when we’re at peak the horizon looks beautiful and when the slide begins the avalanches tear apart everything. The AI hype cycle is all in the media houses and newsrooms. On ground ZERO we know how sticky the situation is. Any AI initiative will nee...
29 September 2018 /ai Fintech innovation and startups
In today’s ever-evolving IT systems world the cloud & big data are no longer buzzwords, they drive strategy and an even heavy chunk of budgeting discussion. As big organizations gear up to invest big in their cloud strategies and the follower herd readies themselves, there are many trends that are coming to fore that are causing the CIOs bad h...
15 September 2018 /devops Fintech innovation and startups
One of the difficulties in stepping into a red-hot technology space is you’re not sure what to expect. As you’re grappling with unexpected technical curve balls what if your own stakeholders beat you to death after seeing the results which are wrong by their expectations or understanding. The current nascent implementation of Artificial Intelligen...
08 September 2018 /ai /regulation Trends in Financial Services
In past 2 years market for ICOs have boomed like a wild flower and the flower is everywhere. Only later you’ll realize that it isn’t the flower it is the weed. The concept of ICO was noble and it was trying to avoid the bullying that was going on in the start-up funding markets by VCs and Angel investors. Before I start talking about VC bullying o...
31 August 2018 /regulation Fintech innovation and startups
27 August 2018 /ai Trends in Financial Services
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