A-Team Insight Blogs

Legal & General Data Scientist Details How to Drive Insight, Value and Disruption out of Data

Delivering data driven disruption, innovation and business transformation across a large organisation containing numerous businesses is no mean feat, but it can be done by creating a data strategy and story that appeals to each business and taking an enabling rather than dictatorial approach.

Just five months into his role as director, group data sciences, at Legal & General, Peter Jackson is making an impact. He says: “I was brought in to drive insight, value and disruption out of data. Legal & General has been an organisation since 1836, most challenger banks have been around just five years. We are in a different world, so how do we compete?”.

The answer is through data driven transformation based on data strategy and a story that appeals to 80-100% of each business. Jackson acknowledges the need to deliver value quickly to keep everybody listening and has already created a database for its clients based on old mainframes.

He has also moved data out of a Hadoop and Cloudera environment into the Amazon Web Services (AWS) cloud, where applications are being applied to the data. Jackson comments: “Having done that, we can see more value, we can start to use machine learning for predictive analytics, and we can share data.” Despite these gains, there is no end game. Jackson concludes: “We have to develop data capability that can cope with data we don’t know about yet. There will be another disruptor in four years’ time – we don’t know what it is, but we will need to be ready to compete.”

Find out more about Peter Jackson’s approach to data driven business transformation at Legal & General at next week’s A-Team Group Data Management Summit in London.

Leave a comment

Your email address will not be published. Required fields are marked *

*

Share article

Related content

WEBINAR

Recorded Webinar: Enterprise Data Management – The Next Generation

This webinar has passed, but you can view the recording by registering here. What’s next for enterprise data management? We discuss technology approaches such as cloud, utility models and hybrid models, and the evolution of data, covering transaction data, regulatory data and other new trends impacting EDM. Speakers: Sponsors:

BLOG

Moody’s Names Former Oppenheimer Funds IT Lead Mona Breed as CIO

Moody’s has named industry veteran Mona Breed as chief information officer (CIO) with effect from October 15, 2018. Breed succeeds Tony Stoupas, who has led Moody’s IT organisation as CIO since 2010 and will remain with the company until the end of 2018. As CIO, Breed will lead Moody’s global technology infrastructure and programmes, and...

EVENT

Data Management Summit New York City

Now in its 8th year, the Data Management Summit (DMS) in NYC explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

Entity Data Management Handbook

Following on from the success of our Regulatory Data Handbook, A-Team Group is pleased to introduce its new Entity Data Management Handbook which is available for free download. This Handbook is the ultimate guide to all things entity data: Why Entity Data is important A full review of Legal Entity Identifiers (LEIs) Where they came...