Trends such as artificial intelligence (AI), digital banking, data automation, big data and analytics have now taken a stronghold, perhaps even stranglehold, on financial markets and are clearly here to stay. Fintech continues to gather pace as an increasing number of firms in the financial services sector get up to speed on the latest emerging ...
Blockchain is the buzzword in the financial services sector and big changes are on the way for the sector; but what sort of benefits and changes is it bringing to financial services? Letâs firstly remind ourselves what blockchain is and its role for cryptocurrencies.
The UK government is telling a good story about how we should exploit the AI opportunity as an engine of growth for the economy. The 2017 UK Industrial Strategy white paper identified AI and data as 1 of 4 âGrand Challengesâ â in which the UK can lead the world for years to come.
The internet of things is coming to street near you â where your home will do the dishes and wash clothes for you at night to take advantage of lower market prices; where at power plants, self-regulating, repairing, and optimising turbines will utilise artificial intelligence (AI) to enhance performance, reduce wear and tear and lower emissions; ...
The revenue benefits to financial services of intelligent automation (IA) are staggering â a recent Cap Gemini survey showed growth due to IA in the sector is expected to reach well over ÂŁ400 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
Thereâs 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?
Digiterre Ltd, is thrilled to announce that it has been nominated for the âBest Regulatory Reporting Solutionâ category by the HFM European Hedge Fund Technology Awards, 2018. HFM will name the award winners at the 10th HFM European Technology Awards Dinner on Thursday, 13th September, 2018.
Whatâs 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
Arenât you tired of reading about self-driving cars and deliveries that turn up on your doorstep before youâve even realised you need them? Itâs 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
Itâs easy to be put off by the jargon. Predictive? Are you really telling me you can predict the future? Youâd be right in a way, as predictive analytics doesnât 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. Theyâve acquired unprecedented power and are poised to take over the world!