The revenue benefits to financial services of intelligent automation (IA) are staggering – a recent Cap Gemini survey showed growth due to IA in the sector is expected to reach well over £400 billion globally by 2020 alone. And these are additional to the multiple cost saving benefits. Improved customer satisfaction, faster time-to-market and improved cross-selling are some ...
By: Lape Runsewe
Category: Industry Insights/ People BlogDate: 08/08/18
There’s been loads of hype and speculation about the impact of process robotics on jobs and on offshoring and outsourcing. But is real progress being made for organisations? Is return on investment (ROI) being achieved by the early adopters?
What’s the outlook for the hedge fund industry in the year ahead? The industry is constantly evolving with change always just round the corner. Digiterre summarises what we see as the top ten trends for hedge funds over the months ahead.
By: Lape Runsewe
Category: Industry Insights/ Tech InsightsDate: 21/06/18
Aren’t you tired of reading about self-driving cars and deliveries that turn up on your doorstep before you’ve even realised you need them? It’s all so futuristic. When is all this Artificial Intelligence (AI) talk going to turn into something of practical use to your business?
A recent cost of fraud study showed that for every dollar of fraud in the US, financial services companies astonishingly incur as much as $2.67 in costs, coming from a combination of chargebacks, fees, interest and labour costs. And in 2017, according to the Association of Finance Professionals, there were more payment fraud attempts than ever before. ...
By: Lape Runsewe
Category: Industry Insights/ Tech InsightsDate: 19/06/18
It’s easy to be put off by the jargon. Predictive? Are you really telling me you can predict the future? You’d be right in a way, as predictive analytics doesn’t tell you what will happen in the future. What it does do is to forecast what might happen in the future with ...
By: Lape Runsewe
Category: Industry Insights/ Tech InsightsDate: 15/06/18
As science fiction writers warned us, artificial intelligence (AI) and machine learning are now right in our midst. They’ve acquired unprecedented power and are poised to take over the world!
Over recent years financial services organisations have had to face a large number of additional complex regulatory requirements. No sooner had the MiFID II deadline passed, GDPR legislation came into effect which placed new burdens and costs on the industry. In this article, we discuss about the regulatory requirements in data protection
It’s easy to feel overwhelmed by the hype surrounding big data which can feel like an overwhelming flood at times. Many organisations, though, are not barricading themselves in; they’re seeing the potential benefits, making waves and grasping the business opportunity.
The new General Data Protection Regulation (GDPR) came into force on 25 May and is now impacting on every single business and government department who deals with personal data in the European Union.
Reducing the risk and improving productivity to your business. Digiterre created Chrysalis system which improves productivity and reduces operational risk in the insurance sector