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Three data-driven trends to watch in financial services in 2022

Collibra

The financial services industry has had a longstanding tradition of being at the forefront of adopting new technologies. As we look towards 2022, here are three data-driven trends that will continue to shape the industry. As we look towards 2022, here are three data-driven trends that will continue to shape the industry.

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The Financial Service and Insurance Industries Need Intelligent Document Processing; Here’s Why

Rocket Software

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. IDP Trends in the Financial and Insurance Industries. Digital Transformation is More Than Scanning Paper Documents.

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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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From Data Chaos to Data Clarity: Four Trends Reshaping Data Management in the Digital Age

Reltio

These trends, while not exhaustive, are top of mind for us as we work with our customers and partners to implement modern cloud-based master data management (MDM) solutions that make data-driven decisions, interactions, and operations possible. Cloud-based MDM solutions can help organizations maximize the value of their AI initiatives.

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Automated governance and trustworthy AI

IBM Big Data Hub

Governments and regulatory bodies around the world are working to establish safety standards. The proposed rules aim to govern automated valuation models to protect borrowers. As governments recognize and regulate the growing use of AI for crucial decisions, enterprises should prepare proactively. In the U.S.,

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New York Department of Financial Services Issues First Guidance by a U.S. Regulator Concerning Cyber Insurance

Data Matters

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Lacewell stated that cybersecurity is the biggest risk for government and private organizations and described how the Framework is based on “extensive dialogue with industry and experts.”. 1 See W.B.

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Historic Charges: First Enforcement Action Filed by New York Department of Financial Services Under Cybersecurity Regulation

Data Matters

On July 21, 2020, the New York State Department of Financial Services (NYDFS or the Department) issued a statement of charges and notice of hearing (the Statement) against First American Title Insurance Company (First American) for violations of the Department’s Cybersecurity Requirements for Financial Services Companies, 23 N.Y.C.R.R.