Financial Services Archives

Data Appending vs. Data Enrichment: How to Maximize Data Quality and Insights

A former colleague recently asked me to explain my role at Precisely. After my (admittedly lengthy) explanation of what I do as the EVP and GM of our Enrich business, she summarized it in a very succinct, but new way: “Oh, you manage the appending datasets.” That got me thinking. We often use different terms […]

The Power of Place: Using Location Data to Enhance Your Branch and ATM Strategy

Over the past century, how consumers engage with physical bank branches has changed. In today’s digital-first economy, allowing customers to interact through their preferred channel is increasingly important. While many consumers now favor digital channels, access to cash and face-to-face services remains significant for various demographics. This makes it vital for banks and other financial […]

6 Ways Banks Can Radically Decrease Their Servicing Costs

4 Must-Haves for Data Governance Success in Financial Services

Financial services companies invariably make use of a wide range of information, often stored in different systems. As a result, most companies in the industry operate within the context of a highly complex data environment with the need for financial services data governance. Financial services data flow between multiple complex systems. In many organizations, mainframes […]

4 Real-World Examples of How Financial Institutions are Making Use of Big Data and Data Integration

Big data has moved beyond ‘new tech’ status and into mainstream use. Most businesses are now leveraging data integration to consolidate systems, eliminate data silos, and streamline operations. Also commonplace is big data for things like improving customer service, delivering real-time business intelligence, and predicting future market trends. But within the financial industry (as in […]