Fintech Future: Banking on Big Data – Webinar

Following the recent EBA report, a ‘data driven’ approach is emerging across the financial sector affecting institutions business strategies, risk and operations with respective changes in the mind-set and culture still in progress.

Data management, technological infrastructure, analytics methodology, organisation and governance are the key pillars identified by the EBA to support the rollout of Advanced Analytics, along with “elements of trust” that need to be properly and sufficiently addressed.

Few industries have as much historical and structured data as the financial services industry, making it the perfect playing field for ‘big data’ technologies, but the ability to access this data is vital and a source of systemic importance. Organisations must be able to leverage their propriety source of data to gain significant economies of scope.

Innovative technologies in AI and Machine Learning which were previously inaccessible to all organisations due to the high costs involved in developing, acquiring and maintaining the infrastructure are now available.

However, adoption of these technologies by financial institutions is slow due to challenges that arise in the process. Among them are unclear outcomes in terms of data protection regulations, data quality, and inability to control all risks.

On 19th January, hosted jointly by Fintech Ireland and InterSystems, hear from a panel of industry experts as they discuss the challenges and opportunities that Big Data & Advanced Analytics offer, as well as sharing best practice and real-life examples of how AI-enabled applications can transform operational efficiencies and provide a competitive advantage.

Speakers at “Fintech Future: Banking on Big Data” include:

Andreas Papaetis, Policy Expert, at the Banking Markets, Innovation and Products Unit of the European Banking Authority, focusing on financial innovation topics.

Niamh Lawlor, Director of Analytics, United Health Group and has over 15 years experience leading teams within data and analytics predominantly in the financial services sector.

Peter Oakes, founder and fintech mentor from Fintech Ireland. Through Fintech Ireland, Peter works with the founders, boards & executives of organisations to assist and hone their business strategies, models and to make introductions to funding opportunities. He also advises on regulatory issues facing the fintech sector, regularly presenting at global Fintech events and conferences.

Michael Hom, Head of Financial Solutions at InterSystems. Michael has over 25 years of experience working in the Financial Services industry. Prior to joining InterSystems, one of the world’s most trusted data management platform providers, Michael was a Managing Director managing Global Rates, Securitized Products, and Municipals Technologies at Royal Bank of Canada Capital Markets.

Previously, he was an Executive Director overseeing Cross Product Technologies including Risk, Sales and Trade Management at Nomura Securities.

The webinar takes place on January 19, 2021, at 14:00.

Register for this free 90-minute webinar today at intersystems.com/fintech