Tag: data integration

Artificial Intelligence (AI) is rapidly reshaping the landscape of wealth and asset management, offering innovative solutions that significantly alter how high-net-worth individuals manage their finances.

Hummingbird, a leader in financial crime risk management, has announced the strategic acquisition of LogicLoop, known for its pioneering no-code data integration and automation technology.

In the competitive world of insurance, the profitability of underwriting is closely linked to informed decision-making that efficiently mitigates risks and optimizes loss ratios. Traditional barriers, primarily the compartmentalisation of data, often hinder this objective.

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.

HCLSoftware, a pivotal division of HCLTech, has declared its plan to acquire Zeenea, a prominent innovator in metadata management based in Paris.

Risk-based transaction monitoring represents a proactive method aimed at detecting financial crimes by closely analysing financial transactions to unearth potentially fraudulent patterns or signs of money laundering.

SymphonyAI has unveiled a cutting-edge Entity Resolution system designed specifically for the financial sector.

pKYC, or proactive Know Your Customer, is an innovative approach that initiates real-time reviews as changes in a client's KYC profile are detected.

The wealth management industry is constantly evolving, and the ByAllAccounts Data Network represents a significant advancement in the field. By offering a comprehensive platform where one integration opens doors to an extensive array of financial data connections, the network promises to redefine operational efficiencies and innovation standards.

As the financial sector continues its rapid transformation, the integration of sophisticated automation in financial analytics is increasingly paramount. A Forbes study indicates that up to 25% of routine, information-based tasks in financial services could be automated by AI.