How FS can move past the AI hype to gain strategic value from Data Science
Financial institutions collect billions of data points per day, but many of these are not analyzed. This massive growth in data, specifically in finance, enables new insights not previously possible. With more available data, coupled with new maturity in AI and Data Science that is able to create new intelligence from the data, financial services institutions can realize the value of the massive amounts of data being collected in the Financial Services industry and in turn, gain more actionable insights that directly translate into business value.
Synechron is working with financial institutions across banks, asset managers, wealth management and insurance companies to re-think their data strategies, capitalize on the latest and greatest in applied-AI for valuable insight, and future-proof their digital strategies as they re-think their business models in an environment where financial firms are competing against both agile fintechs as well as technology companies like Apple and Amazon making plays in the financial services industry and customers have come to expect digital-first, self-service, intelligent options that look past automation technology toward “Intelligent Automation (IA). Learn more about these trends in our recent infographic, “The Growing Intelligent Automation Market.”
To stay ahead of the curve, we can help you accelerate digital innovation and gain a competitive advantage by employing deep data analytic tools and cognitive machine learning to turn data into meaningful assets to prepare for Data Science models, apply problem solving, and gain consumer insights with Accelerator solutions and an end-to-end delivery capability with real business-value, such as Synechron’s Data Science Accelerator program.
Learn more about drivers for Data Science application in Financial Services and insurance and how you can explore the next frontier of data science to hedge competition in Synechron’s latest whitepaper, “Moving beyond the Artificial Intelligence (AI) hype to get strategic value from data science in financial services and insurance”, which includes more information on: