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6 benefits of data lineage for financial services

IBM Big Data Hub

The financial services industry has been in the process of modernizing its data governance for more than a decade. How can banks, credit unions, and financial advisors keep up with demanding regulations while battling restricted budgets and higher employee turnover? The Basel Committee released BCBS 239 as far back as 2013.

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The importance of data quality in Financial Services

Collibra

Financial services are highly regulated and maintain a strong focus on compliance and risk management. Considering that major financial organizations handle enormous amounts of data today, they require data accuracy and integrity at all times to minimize risks. What is data quality in financial services?

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Banking on mainframe-led digital transformation for financial services

IBM Big Data Hub

Financial services companies are considered institutions because they manage and move the core aspects of our global economic system. And the beating heart of financial institutions is the IBM mainframe. Couldn’t execs have run better analyses to spot risks within the data?

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Discover a unified approach to adaptive data and analytics governance

Collibra

Nearly 80% of IT decision-makers agree that the collection and analytics of data has the potential to fundamentally change the way their company does business in the next 1 – 3 years. . > See how adaptive data and analytics governance can help. Why adaptive data and analytics governance. Get the ebook.

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Summary – “Industry in One: Financial Services”

ARMA International

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.

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Fintechs turn to AI and cloud as steadfast forces for innovation

IBM Big Data Hub

With customers top of mind, we are seeing fintechs increasingly harness the power of choice and flexibility that comes with hybrid multicloud and lean into the power of data analytics to deliver enhanced experiences. Yayzy , a UK-based fintech, is on a mission to redefine sustainability innovation in banking.

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New Anti Anti-Money Laundering Services for Crooks

Krebs on Security

Dubbed “ Antinalysis,” the service purports to offer a glimpse into how one’s payment activity might be flagged by law enforcement agencies and private companies that try to link suspicious cryptocurrency transactions to real people. AMLBot is itself a reseller for Crystal Blockchain, an analytics provider.”