FinTech Magazine April 2019 | Page 42

A COMPETITIVE LANDSCAPE
DIGITAL TRANSFORMATION
42

“ Today , it ’ s not just about compliance . It ’ s about how we can compete with those data first companies like Google , Amazon or Facebook ”

— Felix Van de Maele CEO and Co-Founder , Collibra
A COMPETITIVE LANDSCAPE
Nowadays , financial institutions are not just in competition with each other , but with all kinds of client-facing organisations which serve an increasingly demanding consumer with their efficiency and ease of use . “ Today , it ’ s not just about compliance . It ’ s about how we can compete with those data first companies like Google , Amazon or Facebook ,” Van de Maele explains . “ How can we extract more value ? How can we serve our customers better ? How can we build better products ?” Extracting value from the reams of data available nowadays and using this to disrupt the financial landscape is where Collibra comes in . “ We believe data is becoming so valuable we need to treat it as a real asset and a key part of the business process . Just like you have SAP to automate and formalise your financial processes and Salesforce for your customer processes , you need a system to run and support your data processes .” Collibra ’ s data governance products and solutions are instrumental in helping organisations unlock the value of data , whilst remaining secure
APRIL 2019