IBM Big Data Hub

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more.

Cloud 80

Cloud Financial Services Risk Business Services 80

IBM Big Data Hub

NOVEMBER 7, 2023

Securing sensitive data in an evolving landscape Advancements like those in AI and quantum computing can pose new challenges to customers, especially those in highly regulated industries such as financial services, healthcare, telecommunications and more.

Cloud 86

Cloud Financial Services Security Compliance 86

IBM Big Data Hub

APRIL 22, 2024

It follows security standards and guidelines, such as IBM Cloud for Financial Services® , SOC Type 2, that ensures the highest levels of security and compliance requirements. IBM Cloud provides you with well-architected patterns that are secure by default for regulated industries like financial services.

Cloud 69

Cloud Financial Services Compliance Systems administration 69

IBM Big Data Hub

SEPTEMBER 18, 2023

At the same time, we are increasingly seeing regulators more closely monitor the industry’s relationship with non-traditional players (such as fintechs and neobanks), aimed at mitigating the introduction of potential risks into the financial services ecosystem.

Customer Experience 78

Customer Experience Financial Services Cloud Compliance 78

AIIM

FEBRUARY 22, 2018

Nowhere is this truer than in the financial services sector. Despite this declared importance – 62% say that “Archiving and long-term digital preservation is a key part of our enterprise information governance and management strategy” -- the reality in most financial organizations is very different.

Digital preservation 93

Digital preservation Insurance Financial Services Digital transformation 93

IBM Big Data Hub

AUGUST 1, 2023

Delivering high levels of resiliency It’s essential for clients to be able to securely manage mission-critical workloads and enable business continuity as they implement strategies to reduce risk and keep pace with market demands.

Financial Services 68

Financial Services Computer and Electronics Cloud Digital transformation 68

IBM Big Data Hub

SEPTEMBER 13, 2023

Clients can also leverage IBM Watson Studio to develop new or revised models with considerably less data and realize faster model update cycles. Building a cyber resilience strategy for critical payments infrastructure Cybercrime costs are growing exponentially, with a 10% increase in average total cost of a breach.

Cloud 81

Cloud Financial Services Compliance Marketing 81

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.

Cloud 70

Cloud Financial Services Compliance Digital transformation 70

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. How can banks, credit unions, and financial advisors keep up with demanding regulations while battling restricted budgets and higher employee turnover? Realize the benefits of automated data lineage today.

Financial Services 101

Financial Services Cloud Metadata Digital transformation 101

erwin

AUGUST 13, 2020

Here are some of the issues and questions being raised: Growth : How do we define growth strategies (e.g., Customer Engagement : How can we better engage with customers including brand, loyalty, customer acquisition and product strategy? data protection, personal and sensitive data, tax issues and sustainability/carbon emissions)?

Artificial Intelligence 143

Artificial Intelligence Healthcare Compliance Financial Services 143

IBM Big Data Hub

JANUARY 25, 2024

As such, more organizations are increasing their dedication to CX strategy and looking towards successful customer experience examples for inspiration. First, the organization puts the customers’ interest first when devising marketing strategies. In healthcare, organizations can do this by offering itemized bills to patients.

Customer Experience 74

Customer Experience Retail Sales Artificial Intelligence 74

IBM Big Data Hub

MAY 9, 2023

If you’ve followed IBM over the past few years, you know how critical the IBM Ecosystem is to our growth strategy. Focus, focus, focus Three years ago, our CEO declared that IBM’s strategy is focused on hybrid cloud and AI. Second, it has never been more apparent that IBM and our partners are better together.

Cloud 101

Cloud Financial Services Marketing IT 101

IBM Big Data Hub

MAY 16, 2023

For big brands across all industries, today’s marketing campaigns are customized for specific audiences. IBM Consulting offers managed marketing services that help clients improve their customer journeys by bringing together strategy, experience, technology and operations.

Marketing 75

Marketing Customer Experience Financial Services Retail 75

IBM Big Data Hub

JULY 12, 2023

As a leading financial group in Spain, CaixaBank has long been an innovator by taking a technology-first approach by placing innovation, digital transformation, customer experience and sustainable banking at the forefront of its strategy. Sustainability strategies must be impactful and realistic.

Digital transformation 52

Digital transformation Financial Services Cloud Customer Experience 52

IBM Big Data Hub

MARCH 27, 2024

To best prepare, organizations need to develop a climate risk strategy. In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life. For more information, visit our Climate risks insights page.

Risk 67

Risk Artificial Intelligence Agriculture Financial Services 67

eSecurity Planet

AUGUST 22, 2023

Jump ahead to: Prioritize Data Protection Document Your Response Process Make Users Part of the Process Understand Business Context Be Thorough Proactively Collect and Organize Data Don’t Forget Network Analysis Train and Drill Enlist Outside Help Go on the Offensive 1. Also read: Network Protection: How to Secure a Network 2.

Data breaches 94

Data breaches Big data Cybersecurity Security 94

IBM Big Data Hub

JANUARY 15, 2024

And while no one digital transformation strategy will be like any other, here are some recurring trends that help organizations engage in successful digital transformation initiatives. Financial services providers increased their usage of APIs to be able to tap into greater ecosystems and connect with more partners.

Digital transformation 78

Digital transformation Customer Experience Artificial Intelligence IoT 78

IBM Big Data Hub

DECEMBER 14, 2023

A cybersecurity strategy is not solely about managing risk across a business’ IT infrastructure. The stakes are especially high for organizations in highly regulated industries because they can be exploited through their digital supply chain, giving hackers access to consumers’ valuable and sensitive data.

Cloud 92

Cloud Security Data breaches Cybersecurity 92

IBM Big Data Hub

MAY 19, 2023

According to the research, organizations are adopting cloud ERP models to identify the best alignment with their strategy, business development, workloads and security requirements. With high-speed file transfer, integrated services and cross-region offerings, IBM Cloud Object Storage allows you to leverage your data securely.

Cloud 81

Cloud Unstructured data Customer Experience Manufacturing 81

IBM Big Data Hub

SEPTEMBER 5, 2023

AWS, for example, provides a managed runtime environment for modernizing mainframe workloads following several hybrid strategies. Working with public clouds is an integral part of this strategy. The IBM Z and Cloud Modernization Stack runs on Red Hat OpenShift on AWS. IBM is a current Intellyx customer.

Cloud 128

Cloud Digital transformation Financial Services Manufacturing 128

IBM Big Data Hub

SEPTEMBER 6, 2023

Using an old budget can result in inadequate hedging strategies, poor financial decisions, exposure to unfavorable currency fluctuations or misjudged credit risks. Balance: A way forward for financial planning and budgeting The secret is to find a balance. Unanticipated risks Good budgeting plans for risks.

Analytics 89

Analytics Marketing Artificial Intelligence Sales 89

IBM Big Data Hub

FEBRUARY 5, 2024

The Digital Operational Resilience Act (DORA) marks a significant milestone in the European Union’s (EU) efforts to bolster the operational resilience of the financial sector in the digital age.

Encryption 74

Encryption Data Privacy Compliance Cloud 74

IBM Big Data Hub

JANUARY 10, 2024

Hybrid cloud has become the dominant approach for enterprise cloud strategies , but it comes with complexity and concerns over integration, security and skills. Hybrid cloud is also forcing a significant rethinking of how to secure and protect data and assets.

Security 78

Security Cloud Data Privacy Financial Services 78

IBM Big Data Hub

JANUARY 12, 2024

The advantages of AI are numerous and impactful, from predictive analytics that refine strategies, to natural language processing that fuels customer interactions and assists users in their daily tasks, to assistive tools that enhance accessibility, communication and independence for people with disabilities.

Cloud 104

Cloud Data Privacy Encryption Privacy 104

IBM Big Data Hub

JANUARY 11, 2024

Instead of putting off change, leaders should seek new ways to accelerate digital transformation in their hybrid strategy. To achieve business agility and keep up with competitive challenges and customer demand, companies must absolutely modernize these applications.

Digital transformation 109

Digital transformation Cloud Financial Services Business Services 109

Reltio

MAY 14, 2019

Owen Lewis is the CEO of Agile Solutions UK a specialist data management consultancy that focuses on tangible business benefits. He co-founded Agile Solutions in 2014 to help clients obtain value from data by better combining business, data and technology strategy.

Big data 45

Big data Government Cloud IT 45

IBM Big Data Hub

SEPTEMBER 27, 2022

Whether it be financial services, employee hiring, customer service management or healthcare administration, AI is increasingly powering critical workflows across all industries. Add navigating complex compliance regulations and standards to the mix, and the need for a solid and trustworthy AI strategy becomes clear.

Government 52

Government Compliance Data science Financial Services 52

IBM Big Data Hub

FEBRUARY 23, 2024

It assists customers and gathers crucial customer data during interactions to convert potential customers into active ones. This data can be used to better understand customer preferences and tailor marketing strategies accordingly. It aids businesses in gathering and analyzing data to inform strategic decisions.

Analytics 106

Analytics Artificial Intelligence Marketing Education 106

IBM Big Data Hub

JUNE 26, 2023

It starts with the realization that virtually no one has a monolithic environment; everything is hybrid, and that must underpin the overall strategy. In short, hybrid cloud impacts every aspect of where and how we run IT solutions. Many of the conversations I had were about how exactly enterprises make that move towards hybrid cloud.

Cloud 63

Cloud Financial Services IT Government 63

IBM Big Data Hub

OCTOBER 23, 2023

Many enterprises have also deployed a hybrid multicloud environment that’s reliant on an ecosystem of different cloud service providers. 71% of executives think it’s difficult to realize the full potential of a digital transformation without having a solid hybrid cloud strategy in place. [1]

Cloud 92

Cloud Risk Compliance Data breaches 92

IBM Big Data Hub

JANUARY 18, 2024

Capture customer data directly The first customer interaction with your chatbots allows them to request customer information, providing lead generation for your marketing team. Gather new insights without cookies Machine-learning chatbots can collect data and new insights about your target audience.

Sales 96

Sales Artificial Intelligence Communications Marketing 96

John Battelle's Searchblog

OCTOBER 11, 2014

I was asked to focus my remarks on how new kinds of companies were threatening traditional incumbents – with a focus on the financial services industry, as you might imagine. Then I wondered – what are the information first companies in financial services?

Financial Services 108

Financial Services Marketing Manufacturing Big data 108

IBM Big Data Hub

APRIL 18, 2024

Financial services AGI might revolutionize financial analysis by going beyond traditional methods. AGI could analyze vast data sets encompassing financial news, social media sentiment and even satellite imagery to identify complex market trends and potential disruptions that might go unnoticed by human analysts.

Artificial Intelligence 90

Artificial Intelligence Marketing e-Delivery Manufacturing 90

IBM Big Data Hub

FEBRUARY 14, 2024

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

Artificial Intelligence 88

Artificial Intelligence Retail Unstructured data Insurance 88

eSecurity Planet

JANUARY 21, 2021

Further, managing the short-term and long-term policies and procedures of your organization can be challenging without an effective GRC strategy in place. LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. RSA Archer.

Compliance 67

Compliance Risk Government Retail 67

eSecurity Planet

JANUARY 21, 2021

Further, managing the short-term and long-term policies and procedures of your organization can be challenging without an effective GRC strategy in place. LogicManager’s GRC solution has specific use cases across financial services, education, government, healthcare, retail, and technology industries, among others. RSA Archer.

Compliance 57

Compliance Risk Government Retail 57

Reltio

APRIL 23, 2019

It’s the people who have no idea what master data is and no time to learn it – but who have all the money – who really need to understand the value of it and what it can do for the enterprise.” . How would you define “modern” data management and what does it /should it mean for organisations that adopt it?

MDM 40

MDM Marketing Big data Cloud 40