A practical approach to data management for financial institutions Much virtual ink has been spilled in the last few years about data and analytics. Big data, data science, machine learning, artificial intelligence, neural networks, etc... – new capabilities keep emerging and dozens of articles on the imperative of data and analytics appear every week. Unfortunately, … Continue reading Making Money with Your Data
In the age of self-driving cars, additive "3D" manufacturing processes, and self-flying delivery drones - how can financial institutions capture similar opportunities enabled by continual advances in sensors, artificial intelligence, and autonomous process automation? Financial institutions need deep analytics solutions that: 1. Start by allowing the definition of the desired business goal like growing market share, … Continue reading Customer Experience 2020: The Emergence of the Autonomous Financial Institution
A number of strategies have been employed successfully by a great number of insurers around the world — five strategies, to be precise. One, in particular, has failed miserably on every attempt. RedPort encourages the use of any of the first four. We highly recommend that you don’t even try the fifth; although, it may … Continue reading Do You Run A Spaghetti Strategy?