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Watson Teams Up with Standard Bank in Africa

By   /  October 20, 2014  /  Business Intelligence News, Articles, & Education, Data Education  /  No Comments

Oluwabusayo Sotunde of Ventures Africa reports, “Africa’s most innovative bank, Standard Bank Plc has reached an agreement with leading IT services provider, IBM to implement the latter’s new Watson technology.”

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Banking, CDOs, and Country-Specific Data Governance

By   /  September 23, 2014  /  Data Daily | Data News, Data Education, Data Governance & Data Quality | News & Articles, Data Governance News, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

Piggy Bank

by Angela Guess Andrew Waxman of American Banker recently wrote, “These are heady times for chief data officers. People in these often newly-created positions have a mandate to introduce major changes in data management and are given healthy budgets to grow teams and equip them with requisite tools. Budgets and resources, however, go only so […]

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The Case for NoSQL in the Financial Sector

By   /  August 15, 2014  /  Data Daily | Data News, Data Education, NoSQL News, NoSQL News, Articles, & Education, Smart Data News, Smart Data News, Articles, & Education  /  No Comments

Forex Money for Exchange in Currency Bank

by Angela Guess Adrian Carr, Vice President EMEA at MarkLogic recently wrote, “According to a Gartner report published in 2013, 64% of financial services firms have already either deployed or launched a big data initiative. Ovum also predicts a rapid increase in big data technology adoption with worldwide spending on management information systems in the […]

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Why are Banks Struggling with Big Data?

By   /  August 5, 2014  /  Big Data News, Big Data News, Articles, & Education, Data Daily | Data News, Data Education  /  No Comments

Piggy Bank

by Angela Guess Michael Flynn of BankTech reports, “In a recent Said Business School study, 63% of banks recognized proficiency in big data as a competitive advantage. However, 91% indicated that they lack key skills necessary to execute more effectively, and only 3% reported that their organizations had deployed big data initiatives on a continuous […]

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USAA Turns to IBM’s Watson for Online Customer Assistance

By   /  July 28, 2014  /  Data Education, Smart Data News, Articles, & Education  /  No Comments

Suzanne Kattau of Silicon Angle reports, “IBM and the United Services Automobile Association (USAA), a financial services provider for the military community, today announced they have teamed up to offer IBM’s Watson Engagement Advisor in a pilot program to assist USAA members.”

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USAA and IBM Join Forces to Serve Military Members

By   /  July 24, 2014  /  Big Data News, Big Data News, Articles, & Education, Data Daily | Data News, Data Education  /  No Comments

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by Angela Guess In a new report out of IBM, the company has announced that “the cognitive capabilities of IBM Watson technology are now available to USAA members. USAA is the first to commercialize the use of Watson as a consumer-facing application. USAA, a financial services provider for the military community, is offering IBM’s Watson Engagement Advisor in […]

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Collibra Releases New Data Governance Suite for Banks

By   /  June 23, 2014  /  Data Daily | Data News, Data Education, Data Governance & Data Quality | News & Articles, Data Governance News  /  No Comments

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by Angela Guess Compliance Week reports, “Collibra, a global data governance provider, has released a new product suite, designed to help large, complex financial institutions directly address some of their most challenging regulatory compliance and data reliability challenges. Designed for scalability, ease-of-use, and quick deployment, Collibra’s new Data Governance Center for Financial Services can be deployed […]

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Improving Data Governance at the Bank

By   /  April 11, 2014  /  Data Daily | Data News, Data Education, Data Governance & Data Quality | News & Articles, Data Governance News  /  No Comments

Mass job creation and the space-time lifecycle view of entrepreneurship and investment

by Angela Guess Julie Benson of Banking Tech recently wrote, “Recently there has been a significant number of new regulations requiring financial institutions to increase the amount of data fields they have on their customer records – whether it’s FATCA indicia or EMIR classifications… We are also seeing more swingeing fines imposed by the regulators when […]

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Why Analytics Teams Should Run Their Own Tech

By   /  March 19, 2014  /  Big Data News, Big Data News, Articles, & Education, Data Daily | Data News, Data Education, Enterprise Information Management, Information Management News  /  No Comments

Tug-o-war

by Angela Guess Toby Wolpe of ZDnet reports, “Analytics teams need dedicated infrastructure or risk being held back by their own IT departments, according to the head of data insights at a major UK bank. The Royal Bank of Scotland, which generates copious data from more than 400 branch-based transactions for businesses per second, has just […]

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Executing an Effective Data Agenda in the Financial Sector

By   /  January 13, 2014  /  Data Daily | Data News, Data Education, Data Governance & Data Quality | News & Articles, Data Governance News  /  No Comments

Money

by Angela Guess Hyong Kim of Ernst & Young recently laid out the key principals financial institutions must follow in order to execute an effective data management strategy. He writes, “Regardless of size and shape, and whether they are from Main Street or Wall Street, all financial services institutions struggle with a common issue–turning data into […]

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