Category Archives: Financial Services

“Comply, you must comply!” – How Nordea Bank deals with regulatory compliance

Categories: Compliance Financial Services

Regulatory compliance, like death and taxes, is something that is mandatory and the cost of doing business in the financial services industry. In fact, the only thing that’s guaranteed is that the rate of regulatory change will only continue to increase over time. How banks deal with regulatory compliance is actually changing for the better.…

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The Data-Driven Revolution in Insurance

Categories: Financial Services

Having amassed over 25 years of experience in the financial services industry I’ve seen my fair amount of change. From the initial introduction of big data capabilities through to current efforts around digital transformation, machine learning, monetisation of APIs and IoT frameworks, the industry has constantly been disrupted by the introduction of new technologies which…

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The Power of Machine Learning in Insurance

Categories: Financial Services

Machine learning is in the news. Google says it is “rethinking everything” around machine learning. In Slate, tech writer David Auerbach argues that machine learning reshapes how we live. In Harvard Business Review, Mike Yeomans writes that “every manager” should know about machine learning. If you are an insurance executive, these claims may seem like…

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Big Data as Competitive Advantage in Financial Services

Categories: Financial Services

Do you want to advance your company from a Digital Explorer to a Digital Transformer? Digital Transformers generate increased revenue and run a more efficient business by developing advanced digital capabilities. According to IDC Financial Insights Research Director Bill Fearnley, it takes three steps to get there: Provide your customers with an omni-experience Use the…

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