Data Solutions Insights

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Building a blockchain MVP

6th October 2017

Company: DataArt
At our consultancy, we are seeing more and more big clients looking at using distributed ledger technologies to change and eventually substitute existing business processes with enhanced alternatives, and it clearly shows that the market for distributed ledger technologies grows over time exponentially. Nonetheless, I ought to say that blockchain... read more
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The importance of customer data integration in financial services

5th October 2017

Company: Fospha
Today, more data is generated in a 24-hour period than ever before - with 2.5 quintillion bytes of data created daily across the globe (IBM, 2017). And with 90% of the worlds’ data having been created in the last two years alone (IBM, 2017), it is clear to see that data will only continue to grow. In this data economy, all kinds of... read more
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Cloud native, deployment-model transformation in financial services

4th October 2017

The consumerisation of IT has arrived and is having a deep and dramatic effect on our everyday lives. In fact, whether we realise it or not, digitalisation has seeped into our subconscious to the point that it has altered digital interactions as well as assumptions of what is expected. We expect a seamless client experience, which translates... read more
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Will biometrics be the optimal solution to GDPR compliance?

1st October 2017

Company: Crossmatch
The two year transition period for countries within the EU (including the UK, whose government has already confirmed that it will be implementing corresponding law with the same thresholds) to transpose the General Data Protection Regulation (GDPR) into national law comes to an end in May 2018. Although still nine months out, this deadline is... read more
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The evolving demands on financial services firms: Is your technology infrastructure ready?

26th September 2017

Company: GridGain Systems
No other industry has been impacted by evolving technology more than financial services. Mobile banking, 24-hour trading, and the dramatic rise in the total amount of data that needs to be processed have put tremendous pressure on system performance and scale. Meanwhile, evolving regulations, the expanding scope of financial fraud and the continued... read more
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How HSBC is using AI in its anti-money laundering compliance

21st September 2017

Company: bobsguide
Gurjeet Singh, co-founder and Executive Chairman of Ayasdi, spoke to bobsguide about the challenges of compliance with anti-money laundering, the characteristics of AI, and how AI is vastly improving false positive rates on suspicious security reports. How did you find your way to Ayasdi? I did my graduate work in computational mathematics... read more
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Taking control of data access: Reducing risk ahead of the GDPR

21st September 2017

Company: Varonis
Matt Lock, Director of Sales Engineers, Varonis The legal implementation of the General Data Protection Regulation (GDPR) is looming and with data volumes set to grow, it’s never been more important for the financial sector to take control of their data. However, a recent global report has found that 76% of IT decision makers in the... read more
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The rise of goAML reporting and the impact of data quality

18th September 2017

As of June 2017, all reporting entities in Ireland are required to submit their regulatory reports, such as suspicious transaction reports (STRs), electronically to the Irish Financial Intelligence Unit (FIU) using the goAML portal. This is part of a global trend where regulators are standardizing reporting platforms, and represents a significant... read more
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Fintech is still booming in India despite general economic downturn

13th September 2017

Company: bobsguide
India’s gross domestic product (GDP) growth failed to meet expectation as it slumped to 5.7% during Q2 this year, government data reported late last month. This compares to Q1 growth figures of 6.1% this year and 7.9% for Q2 last year. Many analysts expected GDP figures to rise following the government’s crackdown on black... read more
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How business intelligence is revolutionising banking

13th September 2017

Company: Sisense
In the early 1990's, the increasing popularity of automated teller machines (ATM's) revolutionised banking, lowering the number of tellers required for each branch and allowing thousands of new branches to be opened as a result. Now, the banking industry is on the cusp of another technological revolution: big data and artificial... read more