Topics: Data Management The New Risk Management Frontier for Financial Institutions November 04, 2013Disparate spreadsheets and outdated reconciliation systems increase risk exposure by preventing banks from clearly seeing and understanding their operations. SAP And SAS Partner On Big Data Analytics October 23, 2013SAP and SAS announced yesterday they will be partnering to offer SAS analytics applications on SAP’s HANA platform. Keeping Security Within Reach October 07, 2013Data breach protection can be inexpensive, easy and effective.
Jimmy Buffet and Mass Data September 23, 2013In the second article in our series on how banks can tap big data to help commercial clients with their cash flow, we look at some examples of how banks can solve common customer pain points with their data. KeyBank Improves Employee Experience with New Internal Search Engine September 20, 2013Using Coveo’s Advanced Enterprise Search the bank has made it easier for employees to quickly find information in its internal knowledge database. ANZ Uses Public Cloud Across The Business September 17, 2013Although many banks will only consider private cloud, ANZ CTO reports that his bank's growth strategy depends on public cloud capabilities.
How To Prepare Now for FASB’s CECL Model September 16, 2013The coming implementation of the Financial Accounting Standard Board’s Current Expected Credit Loss model requires banks to think ahead about how they collect and manage data regarding their loan portfolios. BofA Merrill Lynch Consolidates Data Systems September 16, 2013 Data Management: Regulations and Silos A Top Concern for Banks September 04, 2013Banks are dedicating more resources to data management to comply with new regulations, but are hampered by data silos. Antiquated Systems and Lack of Data Undermining Stress Tests August 20, 2013A recent Fed report noted several issues - including some data and IT deficiencies - that are leading to inaccuracy in banks’ stress tests. Compliance and Customer Experience: Is Big Data the Answer? August 07, 2013Big Data strategies combined with new governance and staffing models can turn compliance into a customer experience breakthrough. What Constitutes a Data Breach for Banks? July 26, 2013Many employees, even those who are technically savvy, do not recognize as reportable events the situations that commonly result in a data breach.
3 Keys to Improving Data Quality June 21, 2013Banks are investing heavily to analyze all the data they collect on their customers, but the best results from big data initiatives requires ensuring accurate data. How Big Data Can Drive Mobile Payments Adoption June 18, 2013How banks decide to use their customer data to make relevant coupon offers to consumers will determine their place in the mobile payments ecosystem. Banks Must Approach Third Party Contracting Differently in Today’s Highly Regulated Environment May 16, 2013Vendor 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. Devil in the Data: Making the FATCA Deadline Requires Automation April 25, 2013In 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. Banks Fall Short On Delivering Personalized Service for Customers, Study Finds April 22, 2013A 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. Six Ways Banks Can Defeat Hackers and Reduce Data Breaches April 04, 2013Hackers and data breaches make a lethal combination for smaller banks. Here's how to defend your bank.
Improving the Customer Experience Across Every Touch Point April 02, 2013How banks can improve their customer communications by improving data collection and management, and developing a consistent multichannel strategy for customer interactions. Big Data: Where to Begin? April 01, 2013 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.