News & Commentary
Latest Content tagged with Data & Analytics
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Making Rewards Count: Turning Data Into Profit
Commentary  |  10/24/2014  | 
Four steps to improving loyalty programs through data and analytics.
European Banks Dominate Efma Accenture Innovation Awards
News  |  10/16/2014  | 
European banks, led by Poland’s mBank, earned most of the annual awards for banking innovation in marketing and distribution presented by Accenture and Efma.
'In-Memory' Enables Big Data -- Cheaper, Faster, Easier
Commentary  |  10/14/2014  | 
How in-memory database solutions are allowing banks to overcome their data challenges.
Bank of America: Building an IT Infrastructure for the Next 20 Years
News  |  10/8/2014  | 
How Bank of America's wholesale business is transforming its IT infrastructure and customer experience.
IBM Watson: 29 Signs Of Progress
Commentary  |  10/8/2014  | 
IBM's Watson Group touts customer successes, new partners, APIs, and cloud services as it opens headquarters in New York City.
Fighting Human Trafficking With Fraud And AML Detection Systems
Commentary  |  10/7/2014  | 
Banks are uniquely positioned to help end human trafficking if they search for the right transaction patterns.
Customer Loyalty: How Technology Is Changing the Playing Field
Commentary  |  10/3/2014  | 
Banks can take advantage of emerging trends by unbundling products to give customers more choices.
State Street CIO: Banks Need Fast Learners
News  |  10/3/2014  | 
At Sibos, State Street’s EVP and CIO Chris Perretta outlined challenges facing financial institutions trying to transform into digital, data-driven enterprises.
To Build a Data-Driven Organization, Executives Must Create a Data-Centric Culture
Commentary  |  9/29/2014  | 
Data discipline starts from the top.
The Importance of Fostering a Data-Centric Management Culture
Commentary  |  9/23/2014  | 
Having such a culture is equally important as the technology investments you make.
More Investment Needed in Data Science Capabilities
Commentary  |  9/16/2014  | 
A survey of Georgia-based financial technology companies found that a majority believe more management commitment is needed to make data investments.
Can Project Management Keep Pace With Agile Development?
Commentary  |  9/12/2014  | 
Agile development poses special project management challenges; here’s how to stay ahead of the game.
Cloud, IT Architecture & Corporate Client Satisfaction
News  |  9/11/2014  | 
How cloud adoption and infrastructure transformation can help win over corporate banking customers.
Is Your Fraud Case Management System Holding You Back?
Commentary  |  9/11/2014  | 
How to tell if you are getting the most out of your fraud case management system.
Basel Committee Reports Gaps That Banks Must Address
Commentary  |  9/10/2014  | 
How banks are failing to meet requirements in three key areas of risk reporting, and how they can do so.
A Field Guide to Identifying Platforms for Risk & Finance
Commentary  |  9/8/2014  | 
Platforms can fundamentally change the way banks perform key functions.
Data Storage Reimagined for the Interconnected World
Commentary  |  9/2/2014  | 
Instead of being simply a place for financial transactions, banks can become a one-stop holistic lifestyle facilitator.
Managing Risk With Big Data & Analytics
Commentary  |  8/13/2014  | 
There is no question that the sheer volume of available information has made countless industries more efficient and more effective.
8 Reasons Big Data Projects Fail
Commentary  |  8/8/2014  | 
Most companies remain on the big data sidelines too long, then fail. An iterative, start-small approach can help you avoid common pitfalls.
Virtualizing Data: Key to Overcoming Rising Compliance Costs
Commentary  |  8/5/2014  | 
The direct cost of compliance, while significant, is dwarfed by the opportunity cost -- having to forego other projects that drive revenues and improve margins.
Research & the Role of Big Data
News  |  8/5/2014  | 
How have technology and big data shaped the future of the independent research and agency broker partnerships?
What Does Big Data Mean for Banks?
Commentary  |  8/4/2014  | 
Why traditional data management strategies and storage solutions are holding back big data projects.
5 Key Trends From KPMG’s Banking Outlook Survey
Slideshows  |  8/1/2014  | 
Banks are starting to reap benefits from past investments in regulatory compliance and are looking ahead to business growth.
Is Wire Transfer Versioning Protecting Your Wires?
Commentary  |  7/30/2014  | 
Logging data for every change made to a wire transfer can enhance banks' ability to find fraudulent transactions.
Using Analytics for Better Reporting
News  |  7/28/2014  | 
The Bank of North Carolina uses a SAS analytics solution to forecast and trend data from wide-ranging reporting requests.
Q&A: BankMobile’s Luvleen Sidhu on Connecting With Gen Y Customers
News  |  7/25/2014  | 
Luvleen Sidhu, chief strategy officer of BankMobile, a division of Customers Bank with a mobile banking platform targeted at millennials, talks about some keys to attracting Gen Y consumers.
Unshackle Your Big Data
Commentary  |  7/25/2014  | 
How new data storage tools and methods combined with analytics can deliver a competitive advantage in financial services.
3 Technology Gaps Facing Financial Institutions
Commentary  |  7/21/2014  | 
Effectively addressing these three shortcomings will lead to more efficient and better controlled processes, significant cost savings, and better analytics,
Data Aggregation: Why Some Banks Succeed & Others Fail
Commentary  |  7/18/2014  | 
Some banks are improving in data aggregation and management. Here are three ways they're doing it.
How to Master the Branch-to-Online Platform Transformation
Commentary  |  7/16/2014  | 
How data and analytics can help banks as they look to build the branch of the future.
What Is the Business Value of Social Networking?
Commentary  |  7/16/2014  | 
The first step any organization should take is an assessment of where social networking could help existing businesses and where staffs are already employing it.
The Benefits of Automating Data Management Tasks
News  |  7/15/2014  | 
How one bank is saving time and labor costs by automating data entry and migration between different IT systems.
Where in the World Should Banks Store Their Data?
Commentary  |  7/15/2014  | 
Deciding where to house and how to move data involves understanding the relevant legal regimes and the application of risk analysis.
5 Best-Practices for Bringing Big Data to Banking
Commentary  |  7/14/2014  | 
If there is one thing banks do not lack, it is data.
The Devil Is in the Data
Commentary  |  7/11/2014  | 
Data must be a key priority when embarking upon transformation initiatives.
Wells Fargo CDO Charles Thomas Talks Data & Diplomacy
News  |  7/10/2014  | 
Thomas took over as chief data officer for Wells Fargo in March, after serving in the same capacity at USAA.
How Banks Can Overcome the Challenge of Data Overload
Commentary  |  7/9/2014  | 
Banks must master the use of unstructured data if they want to seize competitive advantage, enjoy productivity gains, and improve customer service.
Detours on the Road to Digital Banking
Commentary  |  7/9/2014  | 
Digital capabilities are being embraced as the key to future growth. But skills and accountabiliy gaps impede many firms, McKinsey research reveals.
Welcome to the New Bank Systems & Technology Community
Welcome to the New Bank Systems & Technology Community
Bank Systems & Technology Videos  |  7/8/2014  | 
For the first time, the bank technology community has an online destination where it can share ideas and content.
Penny for Your Thoughts
Commentary  |  7/8/2014  | 
Banks must learn how to use personal data for the benefit of both the customer and the financial institution.
Piecing Together the Data Scientist Puzzle Across Financial Services
Commentary  |  7/2/2014  | 
Banks already have people analyzing data, but need data scientists to get the big picture that ties all of that analysis together.
Survey: U.S. Banks Under-Leveraging Customer Loyalty
News  |  6/26/2014  | 
Bank customers are taking advantage of a competitive environment to shop around for credit and investment products, a FICO survey finds.
The Return of Tapes: Protecting Retro Data
Commentary  |  6/23/2014  | 
How magnetic tape still has a place in storing and securing data for longevity.
Bank Loyalty Marketing: 4 Steps for Effective Cross-Selling
Commentary  |  6/12/2014  | 
The more products a customer has with a bank, the longer and stronger the relationship.
Big Data And Humanizing the Customer Experience
News  |  6/9/2014  | 
Big data and an omnichannel strategy can help banks see customers as people instead of numbers.
Data Analytics: Reaping the Data Dividend
Commentary  |  6/3/2014  | 
Data analytics are essential to helping financial institutions stay the strategic course while balancing risk mitigation requirements with the drive for growth.
6 Models Of The Modern Data Center
News  |  6/2/2014  | 
Our exclusive look inside the new data centers of Fidelity, GM, Capital One, Equinix, ServiceNow, and Bank Of America shows the future of computing.
Branch Banking in the New Era of Virtual Customers
Commentary  |  5/29/2014  | 
Banks must innovate in the customer experience at the same rate at which customers are adopting technology.
5 Tips for Operationalizing Analytics
Commentary  |  5/16/2014  | 
How do you take data models out of the lab and introduce them to the real world?
Internet of Things: Who Gets the Data?
News  |  5/14/2014  | 
Connected machines will spark new negotiations along the supply chain.
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Bank Systems & Technology Oct. 14, 2014
Bank Systems & Technology's new Must Reads is a compendium of our best recent coverage of customer analytics. Learn what big data means for banks, meet Wells Fargo CDO Charles Thomas, find out how to connect with your Gen Y customers, and more.
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