Data/analyticsRSS

Europe has another go at getting more access to private data

European Commission

An inevitable consequence of the recent spate of terrorist incidents has been calls for greater access to private data and now the European Commission has joined in, reports Telecoms.com (Banking Technology‘s sister publication). According to a Reuters report the European Union (EU) wants to make it easier for authorities to get hold of private data […]

What happens to banks when they overlook their CRM data?

CRM

Keeping high data quality in customer relationship management (CRM) should be among banks’ top priorities! We explore how outdated customer profiles and poor data quality may hurt banks’ efficiency.

StatPro to acquire risk and performance analytics business from UBS

UBS and StatPro agree acquisition deal

UBS is selling its risk and performance analytics service, UBS Delta, to StatPro Group, a provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry.

White paper: data science for banking and insurance

Dataiku

The disruptive threat is real, but the battle is not lost. Download this white paper for practical advice on surviving and thriving in the era of internet giants and fintech start-ups.

Data gets greater with new Singapore group

Monetary Authority of Singapore

The Monetary Authority of Singapore (MAS) has set up a new Data Analytics Group (DAG) with effect from 15 March 2017 as it looks to improve the financial sector and digital economy. DAG will use data analytics for insights, “enhance the supervision” of financial institutions, make regulatory compliance better for financial institutions, and improve work […]

CIBanco deploys Swift’s compliance services suite

Fighting financial crime with Swift's tools

Mexico-based CIBanco has signed for a compliance services suite from Swift, which comprises compliance analytics and sanctions screening tools and KYC Registry.

Equifax Canada unveils new financial data platform

Equifax Canada

Equifax Canada has launched the first phase of a new multi-million dollar technology platform to provide financial data. The company organises, assimilates and analyses data on more than 820 million consumers and more than 91 million businesses across the globe. The first phase of its new platform is designed to provide predictive insights about consumer […]

Thesys awarded major tech contract to track all US stock and options orders

HFT provides benefits now

Thesys Technologies, trading technologies and analytics software specialist, has won the contract to build a new system for the Securities and Exchange Commission (SEC) to track and store all stock and options orders and transactions.

PriceMetrix acquired by McKinsey

McKinsey acquires PriceMetrix

McKinsey has bought PriceMetrix, a Toronto-based data and analytics company focused on the wealth and asset management sector. McKinsey says that “PriceMetrix will retain its management team, brand and identity, and will work in close collaboration with McKinsey’s wealth and asset management team”. PriceMetrix’s tools – ValueOne, CommissionCheck and FeeCheck – are complementary to McKinsey’s […]

Stagnant interest rate environment offers opportunity for deposit book growth

Damian Young, Nomis Solutions:

The importance of a stable deposits base has increased exponentially in the post-financial crash era. Since the 2007/8 crisis, retail banks have been forced to address huge balance sheet deficit, brought about by the freezing of mechanisms such as wholesale funding. The reaction amongst the major banks has been to stabilise income sources, growing retail […]

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