The digital transformation of the insurance industry has been underway for many years. Carriers have drastically improved their efficiency, speed and accuracy through the implementation of new technologies. Now the sector may be looking towards data analytics to make the latest leap. The introduction of in-depth data analytics capabilities is empowering insurers in 2023 to...Read More
Financial services have needed to put an increased focus on environmental, social, and corporate governance (ESG) over recent years and 2024 looks set to only add to this. As firms look to meet rising regulations, how important is data collection. In just the first two months of the year, multiple countries around the world have...Read More
Personalisation has continued to feature as an integral part of digitalisation strategies. Spurred on by the demand for it by consumers, companies across the financial services landscape are transforming their products to be personalised to specific customer needs. The increasing level of importance consumers place on personalisation shows why it has become a key focus...Read More
In the evolving landscape of sustainable investing, Generative Artificial Intelligence (AI) is becoming a cornerstone for improving Environmental, Social, and Governance (ESG) frameworks. By transforming how data is managed, analyzed, and utilized, Generative AI offers substantial promise for those committed to enhancing their investment practices with sustainability at the core. IntellectAI, which offers tools for...Read More
The integration of artificial intelligence (AI) within the Salesforce ecosystem is revolutionizing business-customer interactions and operations management. As tools like Salesforce Einstein provide predictive capabilities and deep insights into customer behaviour, ethical considerations become crucial. IntellectAI, which offers tools for personalised wealth advisory and risk management, recently delved into AI’s evolution in Salesforce, the ethical principles...Read More
As budgets tighten, financial services firms require more efficient ways to handle their financial crime prevention. Jason Shane, Head of Strategy & Innovation at SymphonyAI’s financial services division, explains why SymphonyAI is the perfect solution to this problem. SymphonyAI was founded in 2017 by Dr. Romesh Wadhwani as part of the SAI Group. The mission was to...Read More
Founded in 2011, London-headquartered Encompass claims it enables banks and financial services organisations to improve customer experience, deliver revenue faster and demonstrate consistent compliance with real-time digital KYC profiles. The road to the creation of Encompass was a long and winding process. Following the successful exit from their big data visualization business, Wayne Johnson and...Read More
In the second part of a two-part series of interviews, FinTech Global spoke to the change-makers in the RegTech industry to understand the possible challenges and opportunities firms need to watch out for in the coming year. During the discussions, respondents touched on topics such as better communication between companies and the regulators as well...Read More
FinTech Global recently spoke to a plethora of key players in the RegTech industry to see what they saw as some of the most hot-button trends to watch out for in the industry in 2024. During the various interviews that were conducted, we were able to discuss a range of RegTech topics ranging from tech-related...Read More
Transaction reporting is a necessary requirement for countless regulations, and yet Novatus Advisory co-founder Matthew Ranson believes many firms are getting this process wrong, and they might not even be aware of it. What is transaction reporting? This is the process of generating a report on specific transactions, detailing the instruments traded, when the deal was made,...Read More
