How Technology is changing the future of banking in India

In the present era of global, interconnected financial systems, a small ripple in one nook and corner of the world can probably create a shock wave in the entire economic ecosystem. This has led to increased scrutiny and more stringent and intricate regulatory requisites for the financial institutions. Regulators have not only shortened the time 

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Demystifying the Compliance Challenge

These are uncertain times, especially for those in the finance industry. The regulatory picture is changing rapidly; the fact the world’s top investment banks have been fined a remarkable $43 billion over the past few years suggests they’re having a hard time maintaining compliance. Regulations such as Dodd-Frank in the US, EMIR in the EU, 

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How’s Big Data looking for 2017?

Get ready for more real-time data, non-relational or unstructured data along with need for self-service tools, data governance and data quality The year 2016 was an important one in the world of big data. What used to be hype became the norm as more businesses realized that data and the related infrastructure, in all forms 

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The role of cloud and big data in unlocking value from IoT

When advanced powerful technologies are brought together, and their potential tapped the right way, business outcomes in terms of service delivery, cost, market extension, software maintenance can all take a significant leap. Cloud is a well-established technology continuously expanding it’s service areas and meeting ever-changing business challenges. On the other hand, big data has evolved 

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Database of Things (DoT): The future of database. Has it’s time come?

The next big thing in information and communication technology is the ‘Internet of Things (IoT)’. IoT will change the way devices, traditionally considered as unintelligent, start communicating through internet and in the process enrich our lives. For the end user, everything appears to happen automatically, but in reality the onus is on IT organizations to 

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It pays to modernize your data architecture

In today’s world where data is collected at every interaction, be it over the phone, mobile, PC, sensors, with or without us knowing, it becomes important to have a strategy around data. Traditionally, data has been seen as something to “run the business,” but, in today’s context, it can actually “be the business” if monetized 

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Gamification, big data and social business – The way forward for cutting edge enterprises

Gamification, big data and social business have been trending topics in how to build a typical millennial enterprise. But as of now, many organizations have operated them in silos and it remains to be seen how exactly we can truly integrate them. This article explains how big data and social business can be used together 

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Enabling data discovery: Big data’s ability to solve bigger problems

Industry leaders are debating the co-existence of big data & traditional business intelligence. One group strongly believes traditional business intelligence will be washed away in the big data tsunami, while another group discounts big data as a big hype and vouches for traditional business intelligence as an organization’s bastion. Big data will continue to be 

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5 reasons why financial institutions should adopt dashboard technology

The financial services industry is feeling increased pressure as compliance and risk management needs steadily increase. Driving this pressure are the new federal banking regulations and the increasing dollar amount of regulatory fines. Financial institutions’ senior leadership is faced with new challenges around managing risk in addition to managing the amount of resources dedicated to 

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5 tech trends we’ll see more of in 2014

Every year brings plenty of hype around the promise of what new technical advancements and capabilities can bring to organizations trying to transform their businesses. There are also plenty of things that never quite live up to the promised hype. Let’s take a look at what to expect in 2014. Frank PalermoExecutive Vice President – Global 

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IBM Information on Demand 2012: A Look into the Future of Information Management

IBM’s Information on Demand (IOD) 2012 conference held in October at the Mandalay Bay in Las Vegas was like a theme park for information management. It’s one of the best forums for creating and experiencing the buzz among business partners, industry activities and customers. At this event, there were just as many new questions created 

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Making Sense of Your Big Data with BPM: Turning Insights into Action

In a previous blog post, I discussed the benefits of the convergence between Business Process Management (BPM) and Master Data Management (MDM). The basic concept was to leverage BPM as the data governance mechanism to ensure data quality, consistency and unification within the enterprise. The point really was that it is hard to optimize your 

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7 Ways to Use Big Data to Gain Competitive Advantage and Improve Customer Loyalty

We are finally starting to see companies using their customer data more effectively to gain better insights on consumer buying patterns and preferences, allowing them to increase their cross selling opportunities and improve customer loyalty. Historical analytics and marketing practices are falling short in reducing customer churn and combating declining revenue per customer.  With the 

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