Category: Financial Services
The webinar Optimize governance, risk management, and compliance through AWS Marketplace gave experts from Guidewire and MetricStream the opportunity to share insights. In this blog post, I will summarize the contents of that webinar, including two customer stories.
Open finance is a relatively recent development in the financial technology (fintech) space. The Financial Conduct Authority in the UK defines open finance as “an opportunity to build on the concept of open banking and allow consumers and small and medium enterprises (SMEs) to access and share their data with third-party providers.” This transformation is […]
Insurtechs are a relatively new area of development in the insurance industry. McKinsey defines insurtechs as tech-driven insurance companies that use modern technologies to provide coverage or to reinvent business systems. As explained by Investopedia, these companies can “include ultra-customized policies, social insurance, and using new data streams from internet-enabled devices to dynamically price premiums.” […]
Open Finance is a term that I’ve been hearing more in the financial technology (fintech) world. According to Forrester, Open Finance extends the third-party access principles of open banking across a wider set of financial products such as mortgages, loans, investments, and pensions. Many underlying banking systems and software were built for the brick-and-mortar branch […]
Industry Challenge Hedge funds and equity investors are continuously seeking to create alpha in their portfolios to improve investor returns and minimize risk. Alpha (α) is a term used in investing to describe an investment strategy’s ability to outperform overall market, or its “edge.” To meet this need, “Alternative Data,” data not gathered from traditional […]
Transaction banking is the traditional revenue cornerstone for banks. It includes cash management, corporate payments, liquidity management, and trade finance. Much like the rest of the banking and finance industry, transaction banking is evolving rapidly to adapt to new client expectations. It is also changing to fill the need for increased agility and scalability and […]
Capital markets firms use vast amounts of historical and streaming market data to perform real-time analytics. They also use data to inform decision-making, from projecting asset-pricing movement and fund values to calculating risk assessments. However, traditional on-premises relational databases and data management systems can fall short on delivering the functionality, agility, speed, and cost efficiency […]