As the smoke clears on MAS 610 revisions, banks in Singapore are trying to get more clarity on the new requirements and their impact on existing reporting workflow. Amid their budgetary constraints, banks can mitigate these challenges by leveraging a robust data governance model, cloud-based services and automation. This paper explores how banks in Singapore ...
Enhanced digital experiences, more revealing engagement analytics and deeper forms of artificial intelligence will deliver a clearer understanding of client context and facilitate more informed, hyper-personalized financial advice, our latest research reveals. The next generation of wealth advisors are optimistic about, not threatened by, the impact digital client experiences and artificial intelligence (AI) will have ...
Struggling to grow market share amid increased fintech pressure, banking and financial services organizations need a blueprint for building modern digital capabilities from the get-go – while significantly reducing legacy technical debt and accelerating data center cost-cutting via cloud migration. Here are some practical strategies for achieving these goals, as well as a look at ...
Asia Pacific businesses are bullish on investing in artificial intelligence technologies to prepare themselves for the future of work, and they’re optimistic about the returns, according to our recent study. They’ve got lots of work to do, however, when it comes to preparing the way for optimal collaboration between humans and intelligent machines. Subscribe to ...
Distributed ledger technology solutions enable fashion brands and retailers to improve supply-chain visibility across their diverse ecosystems, helping them to communicate product provenance to partners and customers, as well as mitigate environmental and reputational risk. The fashion industry is strutting its stuff. On one hand, shoppers can access an attractive assortment of products made accessible ...
Learn how 14 organizations are using intelligent connectivity to boost operational efficiency, improve the customer experience and create new business models for revenue growth. It’s becoming increasingly difficult to separate the physical from the digital worlds. From how consumers drive their cars, to how field engineers perform maintenance, physical tasks are now augmented with real-time ...
A preview of five pivotal technology trends remaking the life sciences industry: AI and automation, human augmentation, edge analytics/ processing, data ownership and protection, and the intermingling of products and services. Subscribe to the Innovation Insider Newsletter Catch up on the latest tech innovations that are changing the world, including IoT, 5G, the latest about ...
Algorithms have been essential to business since long before artificial intelligence (AI). In fact, algorithms are merely the digital representations of the competitive differentiators built into every business. A retailer’s focus on low price is an algorithm. So is a manufacturer’s practice of sourcing top-quality raw materials, or an insurer’s ability to expedite policyholders’ claims ...
The insurance industry – from product development to underwriting to claims – is being fundamentally transformed by AI technologies. Although some companies are investing aggressively in AI to slash costs while also enhancing the customer experience, most insurers will need to accelerate their efforts or risk discovering that it has become too late to catch ...
As nontraditional companies enter the insurance scene and insurtechs launch novel products, incumbents need to accelerate innovation and differentiate the customer journey to remain in the game. Here are three strategies to achieve these goals, with a brief look at a few companies well on their way. To compete successfully in this new landscape, insurance ...