Data Management Insight Data Innovation (Machine Learning, AI & Blockchain) The latest content from across the platform

Collibra Looks to the Future with New Privacy & Risk Product

US-based data intelligence specialist Collibra in July built out its data platform with the launch of Collibra Privacy & Risk, a new enterprise-grade product designed to help organizations manage personal data assets and future-proof against further regulatory developments in today’s changing climate. The new product expands the firm’s regulatory coverage, with modules covering the California…

Bringing Alternative Data into the Mainstream

By Martijn Groot, Vice President of Marketing and Strategy at Asset Control. Alternative and unstructured data is rapidly going mainstream. In a recent survey conducted by Adox Research for Asset Control, more than a third of respondents from financial institutions (36%) labelled these new types of data as ‘high importance’ drivers for investment. Alternative data…

Datactics Funnels Funding into AI technology, Staff Hires and International Expansion

Datactics is planning technology, staff and international expansion following the conclusion of a £1.2 million funding round led by The Bank of Ireland Kernel Capital Group Fund and new investor Edinburgh-based Par Equity. Investments in technology and people include an extension of Datactics’ data quality solutions platform and set up of a dedicated artificial intelligence…

Data as the Catalyst for Innovation in Asset and Wealth Management

Fund managers and wealth management firms are being squeezed between downward pressures on sources of revenues and upward pressures on costs. Firms are facing a migration to passive investment funds, with some research suggesting a one-third drop in active management fees by 2023. Meanwhile, the ongoing regulatory onslaught is adding to costs. Under pressure to…

MarkLogic Responds to the Data Management Challenges of GDPR

This week’s big reveal of the ICO’s intention to fine British Airways £183.39 million for infringements of General Data Protection Regulation (GDPR) sent shock waves through industry, with an aftershock coming later in the week when the ICO issued a second notice, this time noting its intention to fine Marriott International £99,200,396 for GDPR breaches….

Is Your Firm in the Stone Age or Information Age of Artificial Intelligence?

We’ve talked about the potential of artificial intelligence (AI) to improve efficiency, accuracy, creativity and generate business growth for years – and it’s benefits are now beginning to be realised and reported. A recent report from Broadridge Financial Solutions, the company’s second annual AI Outlook Survey, headlines data mining as the top user of AI,…

Fenergo Enters Taiwanese Market in Tie Up with TUNG-I

Fenergo has entered the Taiwanese market through a partnership with TUNG-I Information Services (TUNG-I), a provider of solutions powered by artificial intelligence (AI) in finance, information security, private cloud implementation and smart retail. As an exclusive client lifecycle management partner (CLM), Fenergo will provide TUNG-I’s current and prospective Taiwanese clients access to Know Your Customer…

Refinitiv Deploys Trulioo Digital Identity Verification Technology to Strengthen Fight Against Financial Crime

Refinitiv and Trulioo, a provider of digital identity verification technology, have partnered to offer access to digital identity solutions that could strengthen the fight against financial crime and foster financial inclusion. The partnership plans to deliver innovative solutions that will help financial institutions reduce fraud and financial crime by verifying billions of customers online while…

Why You Need to Take Tech Seriously When It Comes to KYC

By Wayne Johnson, CEO & co-founder, encompass corporation. At the heart of any strong Know Your Customer (KYC) or Anti-Money Laundering (AML) programme is data. The ability to access and analyse information in a methodical way that ensures customer records are complete, accurate and, crucially when it comes to AML, compliant with the latest requirements,…

Don’t Believe the Hype

Wading through the hysteria to find an intelligent approach to AI By: Andrew Kouloumbrides, CEO of Xceptor. Having started its humble beginnings as a device to denote either a utopian dream or a dystopian nightmare in Sci-Fi novels, artificial intelligence (AI) is now well and truly finding practical applications and showing no signs of abating….