Smart Data Collective

JANUARY 14, 2022

One of the sectors most impacted by big data has been banking. Big data is even more important to the banking sector as more of their services become digitalized. The market for analytics technology in the banking sector is projected to be worth over $5.4 Banks turn to Data Analytics as Demand for Digital Services Grows.

Banking 253

Banking Retail Finance Security 253

CIO

FEBRUARY 13, 2024

For example, if you are in banking, your organization is likely to measure itself by profitability ratios such as net interest margin (the difference between interest income generated and interest expenses) or PCL (provision for credit losses). Marketing and sales had measured success by how many new card accounts were opened.

Business 622

Business Banking Loss Human Resources 622

Fuld

MARCH 4, 2024

Finalis supports independent Investment Banks (IBs) that do not have internal compliance and support by automating and accelerating every step of the deal life cycle. We help them fill critical gaps in their internal capabilities by providing direct and rapid access to a wide range of services often restricted to the big investment banks.”

Banking 64

Banking Capital Competitive Intelligence Research 64

CIO

AUGUST 1, 2023

The deal will spell an end to the current one-stop shop for IT services that it offers its enterprise customers, but will free up capital and cash-flow for it to invest in more modern activities: digital transformation , smart digital platforms, cloud technology, cybersecurity, high-performance computing and AI. Technology Industry

IT 560

IT Capital Banking Loss 560

CIO

SEPTEMBER 14, 2023

Exchange expands into SaaS, AI For many, the word Nasdaq conjures images of opening bell ceremonies, a stock trading floor, and the Bull of Wall Street sculpture, traditional symbols of American capitalism. To power its pivot, Nasdaq restructured into three divisions: Market Platforms, Capital Access Platforms, and Anti-Financial Crimes.

Banking 694

Banking Capital Innovation Value Chain 694

CIO

MARCH 7, 2024

Greg Beltzer has been beta testing key generative AI technologies for the past six months and is eager to capitalize on them when released this spring. Now, thanks to advances and integrations, Beltzer is positioned to bank on Salesforce’s Einstein AI platform to build more sophisticated services — if regulators give the nod.

Banking 778

Banking Innovation Capital Advantage 778

CIO

MARCH 7, 2024

For instance, the World Bank estimates a $160.2 trillion loss in human capital wealth from gender inequality. Issues around social sustainability – such as lack of opportunity and deep-seated inequalities – can have a substantial impact on local economies.

Business 575

Business Value Chain Loss Banking 575

Alpha Sense BI

DECEMBER 26, 2023

Over the last 12-18 months, both venture capital investors and start-up firms have felt the aftershocks of ongoing economic volatility. Following a ‘dry powder’ run in 2021, venture capital investment in the US nearly doubled from 2020. Similar to other asset classes, venture capital deal patterns mirror macroeconomic sentiment.

Due Diligence 59

Due Diligence Capital Algorithm Banking 59

Alpha Sense BI

MARCH 13, 2023

It’s no surprise that Silicon Valley Bank (SVB) catered to a specific type of startups, venture capitalists, and tech firms. For 40 years, SVB has provided banking services to nearly half of the country’s venture capital-backed tech and life-science companies. Two days is far from what anyone would call a slow fall from grace.

Banking 98

Banking IT Capital Loss 98

CIO

OCTOBER 17, 2023

NetSuite is adding generative AI and a host of new features and applications to its cloud-based ERP suite in an effort to compete better with midmarket rivals including Epicor, IFS, Infor, and Zoho in multiple domains such as HR, supply chain, banking, finance, and sales.

IT 804

IT Finance Benchmarking Capital 804

CIO

JULY 25, 2023

A college internship in Puerto Rico with Microsoft gave him the spark of an idea, and after working for six months in IT for a bank, also located on the island, he saw his opportunity. There’s Act 60, which provides investors with a 100% tax exemption from Puerto Rico income taxes on dividends, capital gains, and interest.

Intellectual Property 603

Intellectual Property Travel Business Banking 603

Alpha Sense BI

APRIL 19, 2023

​​ This past week, policymakers gathered for the 2023 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) to discuss a troubling forecast. Addressing these matters entails structural changes that will speed up debt restructuring, including everything from debt standstills to sharing World Bank-I.M.F.

Banking 98

Banking Globalization Capital Finance 98

CIO

JULY 13, 2022

AAA National CISO Richard Latayan will lead a discussion on building resiliency into third-party relationships with Alex Attumalil, global CISO of Under Armour , and Ronald Banks, executive vice president and CISO of Texas Capital Bank.

Alliance 746

Alliance Banking Security Security 746

CIO

MARCH 25, 2024

Persistent teams should be funded by both capital and operating expenditure to ensure that the teams are considering both short-term wins and long-term maintainability of the product. This approach enabled Finance and business stakeholders to use data insights to see the metrics move as the year progressed.

IT 745

IT Finance Banking Technology 745

CIO

JANUARY 6, 2023

Several economists, a bank president, and a couple of reporters walk into a bar. The bank president wails, “ Economic hurricane.” Mike McSally, a human capital advisor with 20-plus years of experience in executive recruiting, does not believe recruiting has to be a problem. Stop me if you’ve heard this one before.

Briefing 678

Briefing Banking Capital Knowledge 678

Alpha Sense BI

JULY 13, 2023

Venture capital (VC) funding in startups experienced a significant decline as funding has been cut in half across North America and Europe firms. However, VCs raised over $540 billion of “dry powder,” capital that has yet to be invested, by the end of Q1—a record for the industry. The major forces behind this fundraising activity?

Capital 52

Capital Startups Due Diligence Finance 52

Alpha Sense BI

MAY 19, 2023

Investment banks are scrambling to keep pace with the rapid technological advances that have accelerated the industry forward. Below, we break down the overarching key trends in the investment banking industry for 2023, as well as nation-specific and future-facing outlooks—all surfaced from the AlphaSense platform.

Banking 52

Banking Capital SWOT Innovation 52

Alpha Sense BI

DECEMBER 4, 2023

2023 marked the beginning of the European Banking Authority’s (EBA) Pillar 3 disclosure requirements for large European banks reporting on sustainability initiatives and climate-related risks. Following this global trend, banking institutions in the U.S.

Banking 52

Banking Finance KPI Capital 52

CIO

MARCH 9, 2023

Tackling one of today’s hottest IT trends – AI – is Don Goin, executive vice president and CIO of Texas Capital Bank. Compucom’s Troy Baldwin, product management director, will share tips for improving employee experience and building “remote right” strategies that connect digital workforces across the world.

Innovation 616

Innovation Learning IT Banking 616

CIO

JUNE 23, 2023

Banking on industry cloud One such service VW has developed, Paint IT, is a cloud monitoring system that evaluates various aspects of an automobile’s paint coating criteria, such as layer thickness, color tone, and structure, which may be sold to interested parties.

Banking 607

Banking Value Chain Globalization Learning 607

CIO

JANUARY 26, 2023

This is where Saurabh Mittal, CTO at Mumbai-based Piramal Capital & Housing Finance, wants IT leaders to make a careful distinction. This clarity with respect to the technology roadmap can enable a CIO to prevent wasteful expenditure and deploy the saved capital more effectively,” she says.

IT 850

IT Capital Finance Human Resources 850

CIO

DECEMBER 13, 2023

Unlike that energy company, many organizations have yet to feel an urgency to capitalize on the value of their vast reservoirs of unstructured data. His client gestures around the room and says, “This is mission-critical information. How can you help us with it?”

Algorithm 596

Algorithm Banking Retail Capital 596

CIO

SEPTEMBER 12, 2022

While it’s important to think for the long term and solve for bigger problems, you also need to instill the mindset of a quick win, says Laura Merling, chief transformation and operations officer at Arvest Bank, a community bank based in Bentonville, Ark. Laura Merling, chief transformation and operations officer, Arvest Bank.

Innovation 802

Innovation Brainstorming Startups Banking 802

CIO

JANUARY 3, 2024

With EPEI unwilling to invest in Eviden, or to take on as much of the company’s debt as initially agreed, Atos is looking to raise capital in other ways, primarily by selling off even more of its activities than the $400 million target it announced in July 2023. It has billions in other obligations due in the next two years. billion and €1.8

Sales 694

Sales Loss Banking Capital 694

Evalueserve

DECEMBER 6, 2021

Several deals, which were under discussion, were re-initiated and provided well-timed opportunities for investment banks. Lenders, on the other hand, have focused on generating higher yields, with refinancing emerging as the major avenue for the deployment of their ‘eager’ capital. Global Healthcare Capital Markets Activity.

Capital 98

Capital Globalization Biotech Marketing 98

Wink Intel

OCTOBER 16, 2023

annuity issuers a boost by deciding to draw its insurance capital standards from U.S. style capital standards to federally insured banks that are “significantly engaged in insurance activities.” The Federal Reserve Board has given U.S. regulators, rather than applying standards from overseas.

Capital 40

Capital IT Banking 40

CIO

MARCH 24, 2023

“Companies across the globe are adopting the 2030 Agenda and UN SDGs Framework to ensure sustainable investments and operations,” says Kishan Changlani, Partner for strategic initiatives – sustainable banking, at Tata Consultancy Services (TCS). Technology can help banks and other financial institutions overcome these hurdles.

Banking 325

Banking Benchmarking Algorithm Capital 325

CIO

APRIL 21, 2023

A senior IT leader from a bank confronted this challenge while working with a fintech provider. “We We were building a solution through which a third party could open current accounts on our bank’s behalf. For the technology leader from the bank, it served as a valuable lesson.

IT 540

IT Due Diligence Loss Banking 540

CIO

AUGUST 29, 2022

Morgan Stanley and Bank of America are also bullish on the metaverse’s prospects. The former managing director of a major venture capital firm admitted, “Metaverse, I am not even a tourist in that world.” Goldman Sachs sees potential for the metaverse to grow into a US$8 trillion market by 2025.

Sports 883

Sports Banking Gaming Capital 883

CIO

AUGUST 30, 2023

As an example, the consultancy refers to how generative AI technology could potentially add $200 – $400 billion in added annual value to the banking industry if full implementation moves ahead on various use cases. In a recent post, McKinsey noted that generative AI is expected to have a “ significant impact across all industry sectors.”

Information 811

Information Loss Security Security 811

Wink Intel

JUNE 1, 2023

Like banks, nonbank investment giants are also subject to funding worries—just in different forms, and not to the same degree. appear poised to capitalize on recent disruptions in banking. appear poised to capitalize on recent disruptions in banking.

Banking 40

Banking Capital Globalization Management 40

Wink Intel

AUGUST 23, 2023

23, 2023 /PRNewswire/ — LIBRA Insurance Partners (LIBRA), the largest independently-owned life insurance marketing organization (IMO) in the United States , announces a partnership with Highland Capital Brokerage (HCB), a national life insurance and annuity distribution company and a subsidiary of Osaic. BALTIMORE , Aug.

Capital 40

Capital Benchmarking Banking Sales 40

Wink Intel

MARCH 28, 2023

Transaction is the largest advisor practice acquisition in the history of Northwestern Mutual NEW YORK , March 22, 2023 /PRNewswire/ — Ben Feldman and Peter Tiboris , wealth management advisors and founding partners of Northwestern Mutual’s Private Client Group Park Avenue Capital, have acquired Westport, Conn.

Capital 40

Capital Banking Retail Knowledge 40

Wink Intel

MARCH 18, 2024

NEW YORK , March 14, 2024 /PRNewswire/ — Mutual of America Capital Management LLC (“Capital Management”) is pleased to announce that its target-date series of funds, the MoA Clear Passage Funds , received 10 2024 LSEG Lipper Fund Awards. Capital Management also won best overall small firm in the U.S. .

Capital 40

Capital Win Loss Banking 40

CIO

SEPTEMBER 30, 2022

Larger organizations typically have more capital to spend on new software and other services, but the smaller organizations often must get work with what they have. . Taking an honest look at what you have and re-tooling systems is a surefire way for businesses to continue driving innovation without breaking the bank.

Benchmarking 669

Benchmarking Analysis Banking Gaming 669

Wink Intel

JANUARY 9, 2023

annuity provider, and Hildene Capital Management, LLC (together with its affiliates and clients, “Hildene”), a credit-focused asset manager with approximately $12 billion of assets under management, today announced that they have entered into a long-term strategic alliance. About Hildene Capital Management. CARMEL, Ind. &

Alliance 40

Alliance Capital Management Banking 40

CIO

AUGUST 14, 2023

Working together to build success The Salesforce technology underpinning the Gadugi Portal has enabled Cherokee Nation to validate tribal citizenship through an integration with Cherokee Nation’s tribal registration system, and provide expedited financial assistance and payments to citizens through banking system integrations.

IT 617

IT Commerce Banking Education 617