Banks and big data. Risky business, according to our experts.
Simon Paris: “As reported more or less daily, banks continue to face multiple risk and compliance challenges – are they not willing or not able to do proper risk and compliance management?”
Ralph Silva: “Banks have to find some humility and realise that retailers, auto companies and grocery chains are far better at managing and mining data than they are. Steal it if you can.”
Jane Griffin: “It’s understanding the risks in the market and how I respond to those risks or any other components that might jeopardize my success.”
Craig Rich: “The price of light is less than the cost of darkness" -- A.C. Nielsen. “Too often organizations are challenged with creating a business case for improving their data and analytical capabilities. In today's competitive landscape, it is not whether you can afford to invest in analytics but whether you can afford not to.”
Join us for Banks’ Big Data Risks: Analytics to the Rescue