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Data Management
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A survey from KPMG also found that regulatory issues are the biggest impediment to growth for banks.Be the first to comment
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Business leaders are striving to turn their Big Data into Big Returns.
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Vendor management is becoming more important from a compliance standpoint as regulators scrutinize banks’ third-party relationships, and achieving that compliance begins with crafting a clearly defined contract.
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Threat intelligence services are becoming an essential weapon in the enterprise security arsenal. Do you know how to choose one?
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While many financial institutions are relying more on business analytics and intelligence for decision making, they need to first ensure the accuracy of the information feeding these statistics and ensure that each customer has a single record within a central database.
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The loss of sensitive and confidential information, be it by theft, accident or natural disaster, can be devastating.
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In the final article in a three-part series on FATCA compliance, we explain why banks need to look for solutions that help them collect and analyze customer identification information to help with compliance in multiple areas beyond FATCA.
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LivingSocial.com is another in a long line of "big scores" for data attackers
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Many banks no longer want to run, support and maintain technology and prefer the speed and flexibility of cloud solutions.
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The managing director of Capital One Labs implored banks to meet customer's technology expectations during a keynote speech at the CEB TowerGroup Financial Services Technology Conference in Boston.
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In the second of a series of articles on FATCA compliance we explain why banks need to look for a centralized technology solution that circumvents data silos to get a full view of their customers who can be affected by FATCA.
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A new study from Cisco suggests that banks are failing to meet customer demands for more personalized services because their customer data is stuck in organizational silos.
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The greater flexibility provided by API technology means banks can quickly provide the kind of product customization and experience customers expect. This depends on open infrastructures and data feeds.
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Banks are part of a interconnected ecosystem with law enforcement, vendors and other critical industries when it comes to cyber security. New cyber security regulations should help to facilitate cyber security efforts among these players instead of burden banks with a checklist of to-do’s.
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By starting small, growing organically and striking the right balance between gaining the desired insight and becoming overloaded with data, financial services firms will truly recognize the gains they can make
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Predictive analytics tells you what will happen; prescriptive analytics tells you what to do about it.
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With 50% annual growth rates in data, financial services organizations are struggling to handle the volume. Some firms are turning to flash memory to improve efficiency and lower costs.
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Big data is opening up new opportunities for financial institutions to combat external and internal fraud by beginning to monitor user behavior in addition to tracking account activity.
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How can you avoid cost overruns with infrastructure as a service (IaaS) from Amazon and other cloud services? Cloud usage assessment vendors Cloudability and Cloudyn share tips.
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Merrill Lynch’s former head of market risk oversight sounds off on what he sees as the failures of current risk management practices. Is he right?
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Hackers and data breaches make a lethal combination for smaller banks. Here's how to defend your bank.
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Our newest salary survey shows analytics and data-management professionals are in big demand. Whether you are hiring or job hunting, consider these pointers for your search.
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How banks can improve their customer communications by improving data collection and management, and developing a consistent multichannel strategy for customer interactions.
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Bank Systems & Technology got an early exclusive look at a report to be released tomorrow by Celent that highlights the difficulties many financial institutions are facing in moving towards a data-driven business model.
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Over the next month Bank Systems & Technology will run a series of articles from experts at Capgemini concerning the upcoming FATCA regulations. This article, the first in the series, explores five strategies to meet the FATCA deadlines without harming a bank’s business operations.
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