About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

Banks’ Data Estates Still Not Ready to Leverage AI and Innovations: Report

Subscribe to our newsletter

Banks still have gaps in their data management capabilities, which are preventing them from fully utilising new technologies such as artificial intelligence, according to a report by Cornerstone Advisors.

The consultancy’s “Improving Your Financial Institution’s Data IQ” study stated that lenders scored “50 out of 100” for their ability to acquire, manage and use data. But it added that shortcomings like siloed tech stacks and manual processes, such as continued use of spreadsheets, were mitigating against then taking full advantage of innovations.

“The banking industry stands at a critical inflection point as artificial intelligence (AI) transforms core banking operations, customer experiences, and risk management frameworks,” the report stated. “Although AI promises unprecedented efficiency gains and competitive advantages, many banking institutions are struggling to bridge the gap between their current data infrastructure and the sophisticated requirements of modern AI systems.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Unlocking Transparency in Private Markets: Data-Driven Strategies in Asset Management

15 October 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes As asset managers continue to increase their allocations in private assets, the demand for greater transparency, risk oversight, and operational efficiency is growing rapidly. Managing private markets data presents its own set of unique challenges due to a lack of transparency,...

BLOG

Aumni Acquisition Thrusts CUSIP into Private Markets Space

CUSIP Global Services (CGS) has agreed a deal with data provider Aumni to bring yet more transparency to rapidly growing and economically important private markets. The venerable provider of issuer and asset identifiers will use Aumni’s data, drawn from charter documents for venture capital firms, to create a set of its CUSIP identification codes for...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...