Top predictions for financial services in 2023
OpenText Information Management
JANUARY 5, 2023
With inflation, rising interest rates and general economic uncertainty, last year presented several challenges for financial services institutions (FSIs).
Blog Digital transformation Financial Services Government 
Accelerate hybrid cloud transformation through IBM Cloud for Financial Service Validation Program
IBM Big Data Hub
APRIL 4, 2024
The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Why a FS Cloud and FS Validation Program?
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The Financial Service and Insurance Industries Need Intelligent Document Processing; Here’s Why
Rocket Software
MARCH 14, 2022
Analyst firm IDC recently published a Vendor Spotlight report featuring ASG Mobius Content Services (Mobius) and its applications in the financial service and insurance industries. Insurance and financial services are built on trust, so these changes will help organizations differentiate from competition.
Business Architecture and Process Modeling for Digital Transformation
erwin
JULY 11, 2019
At a fundamental level, digital transformation is about further synthesizing an organization’s operations and technology, so involving business architecture and process modeling is a best practice organizations cannot ignore. So the business and digital transformation playbook has to be updated.
What can AI and generative AI do for governments?
IBM Big Data Hub
SEPTEMBER 20, 2023
When implemented in a responsible way—where the technology is fully governed, privacy is protected and decision making is transparent and explainable—AI has the power to usher in a new era of government services. The first is workforce transformation, or digital labor.
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An introduction to Wazi as a Service
IBM Big Data Hub
NOVEMBER 14, 2023
With flexible consumption-based pricing, it provides on-demand access to z/OS systems, dramatically improving developer productivity by accelerating release cycles on secure, regulated hybrid cloud environments like IBM Cloud Framework for Financial Services (FS Cloud). The IBM Cloud Framework for Financial Services a.k.a
SHARED INTEL: Poll highlights the urgency to balance digital resiliency, cybersecurity
The Last Watchdog
SEPTEMBER 21, 2022
The pace and extent of digital transformation that global enterprise organizations have undergone cannot be overstated. Organizations, such as financial services or government, deal with sensitive information and prefer a private cloud model with greater control over the security of applications, users, and data.
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Building for operational resilience in the age of AI and hybrid cloud
IBM Big Data Hub
MARCH 20, 2024
Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. Read to learn more about cloud adoption within financial services?
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5 things to know: Driving innovation with AI and hybrid cloud in the year ahead
IBM Big Data Hub
DECEMBER 18, 2023
For organizations of all types—and especially those in highly regulated industries such as financial services, government, healthcare and telco—considerations including the rise of generative AI, evolving regulations and data sovereignty laws and ongoing security challenges must be top of mind.
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Spigraph, Everteam & ImageFast Provide Critical Information Governance Solutions to European Market
Everteam
APRIL 2, 2019
To support organizations in their efforts to manage their information properly, Spigraph is making two Everteam governance products available: everteam.discover and everteam.policy: everteam.discover is a file and content analytics solution that connects to both structured and unstructured data repositories across the organization.
6 benefits of data lineage for financial services
IBM Big Data Hub
FEBRUARY 26, 2024
The financial services industry has been in the process of modernizing its data governance for more than a decade. But as we inch closer to global economic downturn, the need for top-notch governance has become increasingly urgent. The post 6 benefits of data lineage for financial services appeared first on IBM Blog.
Process Excellence: A transformational lever to extreme automation
IBM Big Data Hub
APRIL 20, 2023
Process excellence is an intersectional play in the age of digital transformation. The application of exponential technologies to digitally discover the process realities and technologically transform those processes for the best outcome. It requires a combination of capabilities around process optimization.
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#ModernDataMasters: Nicola Askham, The Data Governance Coach
Reltio
SEPTEMBER 24, 2019
Nicola Askham is the leading data governance training provider in the UK with over 16 years of experience and research in the field. She delivers training and consulting to major organisations to help them implement full data governance frameworks. ” However, I got into data governance totally by accident.
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Delivering security and scalability in today’s business landscape requires more than setting up a front line of defense
IBM Big Data Hub
DECEMBER 14, 2023
With this shift, fintechs are also looking for cloud services and providers that can help them navigate the regulated world of financial services more seamlessly and support greater levels of security for their cloud infrastructures.
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The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders
Thales Cloud Protection & Licensing
APRIL 29, 2024
The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders madhav Tue, 04/30/2024 - 05:32 Trust is the currency of the digital economy. It fuels innovation, drives customer loyalty, and underpins successful digital transformation. To that effect, NIST recently updated its Cybersecurity Framework (CSF) 2.0
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The time for government blockchain proofs of concept is now
CGI
MAY 15, 2018
The time for government blockchain proofs of concept is now. For the past two years, CGI has seen an exponential uptick in commercial sector interest in blockchain beyond just the financial services industry. Many government agencies also have been wading deeper into the blockchain waters. Tue, 05/15/2018 - 06:29.
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erwin’s Predictions for 2021: Data Relevance Shines at the End of the Tunnel
erwin
JANUARY 7, 2021
In highly regulated environments, such as financial services, healthcare and pharma, attestations, audit trails and compliance reporting are required regardless of circumstances and will be difficult with a manual, laborious approach. However, that definition is too narrow in terms of AI’s relation to data governance.
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98 Enterprise Architect: A Role That Keeps Evolving
erwin
MAY 2, 2019
Roles and titles will continue to evolve , and as the business and IT sides of the organization continue to come together in the face of digital transformation , how these teams are organized, where they report, and the types of projects they focus on are sure to change over time. erwin, Inc.’s
8 Interesting Predictions for the Intelligent Information Capture Market in 2022
Info Source
MARCH 16, 2022
As noted in prediction #4, there is no doubt cloud Capture adoption is lagging behind some other markets because of concerns related to security in verticals like Financial Services and Government, as well as performance concerns in production-type applications.
Confidential Containers with Red Hat OpenShift Container Platform and IBM® Secure Execution for Linux
IBM Big Data Hub
JANUARY 10, 2024
By safeguarding both the code and data, healthcare organizations are able to confidently embrace digital transformation while keeping their patients’ privacy by adopting data privacy-enhancing technologies, such as Confidential Compute.
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8 Interesting Predictions for the Intelligent Information Capture Market in 2022
Info Source
MARCH 16, 2022
As noted in prediction #4, there is no doubt cloud Capture adoption is lagging behind some other markets because of concerns related to security in verticals like Financial Services and Government, as well as performance concerns in production-type applications.
eIDAS 2.0 REGULATION WILL CHANGE IDP USE CASES INCLUDING ID CAPTURE IN THE EU
Info Source
JULY 18, 2023
By Petra Beck, Senior Analyst Capture Software, Infosource Key Takeaways The expanded eIDAS (electronic Identification, Authentication and Trust Services) 2.0 It will become mandatory for government agencies and businesses in select verticals within the next 2 years. regulation is entering implementation stage in the EU.
Summary – “Industry in One: Financial Services”
ARMA International
NOVEMBER 7, 2019
The scope of a records and information management (RIM) program in financial services can seem overwhelming. Compared to other industries, the complexities of managing records and information in financial services are arguably some of the toughest to solve, primarily because of the intense regulatory scrutiny.
Turning Aspiration into Action to Protect Financial Institutions
Thales Cloud Protection & Licensing
DECEMBER 4, 2019
Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data Threat Report-Financial Services Edition. Here’s a look at four common issues highlighted in the 2019 Thales Data Threat Report-Financial Services Edition and tips for overcoming them.
Federal Agency Data is Under Siege
Thales Cloud Protection & Licensing
JULY 24, 2018
The 57 percent rate statistic is the highest of all verticals we measured in this year’s report (others include the healthcare industry, the retail industry, and the financial services industry) or any region surveyed. More so than commercial enterprises, government agencies are making a massive shift to the cloud.
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Top Data Management Trends for Chief Data Officers (CDOs)
erwin
MARCH 18, 2021
The role of chief data officer (CDO) is becoming essential at forward-thinking organizations — especially those in financial services — according to “ The Evolving Role of the CDO at Financial Organizations: 2021 Chief Data Officer (CDO) Study ” just released by FIMA and sponsored by erwin.
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Enterprise Architecture and Business Process Modeling Tools Have Evolved
erwin
FEBRUARY 20, 2020
These initiatives can include digital transformation, cloud migration, portfolio and infrastructure rationalization, regulatory compliance, mergers and acquisitions, and innovation management. erwin helps model, manage and transform mission-critical value streams across industries, as well as identify sensitive information.
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In Times of Rapid Change, Business Process Modeling Becomes a Critical Tool
erwin
JULY 8, 2020
In the blink of an eye, COVID-19 has disrupted all industries and quickly accelerated their plans for digital transformation. There’s a clear connection between business process modeling and digital transformation initiatives.
Top Data Management Trends for Chief Data Officers (CDOs)
erwin
MARCH 18, 2021
The role of chief data officer (CDO) is becoming essential at forward-thinking organizations — especially those in financial services — according to “ The Evolving Role of the CDO at Financial Organizations: 2021 Chief Data Officer (CDO) Study ” just released by FIMA and sponsored by erwin.
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How deep industry expertise enables breakthrough technology for today’s complex business needs
IBM Big Data Hub
APRIL 18, 2023
The last decade has seen an unparalleled level of digital transformation, which soared to even greater heights during the last three years. Businesses are now entering an even greater digital era marked by broader applications of AI, including generative AI models.
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75 How to choose the best AI platform
IBM Big Data Hub
OCTOBER 20, 2023
AI platforms assist with a multitude of tasks ranging from enforcing data governance to better workload distribution to the accelerated construction of machine learning models. Improved governance AI governance seeks to guarantee the ethical, responsible and compliant development and implementation of an organization’s AI and ML models.
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78 Infosource Global Capture & IDP Vertical Market Analysis 2022-2023 Update
Info Source
DECEMBER 8, 2023
At the same time the digital divide continues to widen, leaving geographies in less wealthy emerging markets, and in particular in rural areas further behind. The Finance sector, led by Banks and Financial Institutions, has been at the forefront of embracing technologies. grade schools), is the second largest group of verticals.
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40 How fintech innovation is driving digital transformation for communities across the globe
IBM Big Data Hub
APRIL 29, 2024
Fintechs, for example, have been transformational for the financial services industry, from democratizing finance to establishing digital currencies that revolutionized the way that we think of money. “It’s critical financial institutions consider how they can best mitigate risk.
The blockchain bowling alley: How distributed ledger technology goes mainstream
CGI
JULY 20, 2018
What’s more, it’s poised to spill over from financial services into a wide range of industries. See my colleague Sean Curry’s blog for more blockchain basics.). In my work and research, I see financial services organizations using immutability to enhance fraud detection and pinpoint instances of money laundering.
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The blockchain bowling alley – how distributed ledger technology goes mainstream
CGI
MAY 15, 2018
What’s more, it’s poised to spill over from financial services into a wide range of industries. See my colleague Sean Curry’s blog for more blockchain basics.). In my work and research, I see financial services organizations using immutability to enhance fraud detection and pinpoint instances of money laundering.
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40 The blockchain bowling alley: How distributed ledger technology goes mainstream
CGI
JULY 28, 2018
What’s more, it’s poised to spill over from financial services into a wide range of industries. See my colleague Sean Curry’s blog for more blockchain basics.). In my work and research, I see financial services organizations using immutability to enhance fraud detection and pinpoint instances of money laundering.
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India’s Digital Future Is Bright
Thales Cloud Protection & Licensing
DECEMBER 23, 2019
Digital transformation is changing the way we live and work, both in India and around the globe. Digital Transformation is Well Underway. Banking, financial services, media, insurance, and e-commerce companies have the lead in transformational initiatives in India.
Take advantage of AI and use it to make your business better
IBM Big Data Hub
AUGUST 15, 2023
Therefore, a well-built AI for business program must also have a good data governance framework. Healthcare, retail, financial services, manufacturing—whatever the industry, business leaders want to know how using data can give them a competitive advantage and help address the post-COVID challenges they face each day.
Business Process Modeling Use Cases and Definition
erwin
MARCH 28, 2019
This also extends to industry-specific other compliance mandates such as those in healthcare, pharmaceutical and the financial services industries. The Regulatory Rationale for Integrating Data Management & Data Governance. There’s a clear connection between business process modeling and digital transformation initiatives.
Bridge to nowhere: Build or buy a Data Quality solution
Collibra
JANUARY 11, 2023
Several months back, I wrote a blog about considering the implications of a cloud provider data quality (DQ) solution. This blog received great feedback, but it presumed that organizations were seeking to buy data quality solutions and not just build their own. Some readers asked, “what about just building my own solution?
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