The time has come. Your team decided data integrity and access was crucial, so your financial institution is setting up a data management system. That’s fabulous! So what’s involved? And where do you start? Great questions. Before we can dive into any one system (or approach), it’s essential you have…
Your financial institution has more data on your account holders than Amazon does on their customers. How are you taking advantage of that superpower? If you’re like most institutions, you have a kryptonite standing in the way. Your data is not in a form you can use to create x-ray…
Data. Your institution has lots and lots (and lots) of it. Every day, you capture more. And this goes beyond account holder transaction activity (of which there’s a lot). Data builds in the form of car loan applications, whether approved (and abandoned), denied, or booked. Then you must consider all…
Try to get through a day without referencing, discussing, or processing data. Did you get anything done? It’s highly unlikely. Data is crucial to the operation of your financial institution. It wasn’t long ago that decisions were made based on guesses by your long-time staff, predictions, and straight-up “gut” instincts….