DIGITAL TRANSFORMATION
44 compliance ,” he comments . “ Some of the large established banks have legacy infrastructure which makes it harder for them to move faster .” This is where data comes in , helping to improve customer service , build new products and drive automation . Secure , compliant transformation As part of any digital transformation , security is often a concern for clients and end users , and this is only heightened when dealing with finance . “ Data is going to become the differentiator , but what is going to be really important is that the consumer trusts the company that handles their data ,” Van de Maele explains . “ I think that ’ s a unique opportunity for larger financial institutions because they often have that trust – but it comes with a lot of responsibility . I think the key challenge is how we leverage data to extract the most value , while still making sure we comply with regulations and keep the trust of our customers .”
Building on its impressive growth , Collibra will look to remain sustainable and maintain the quality of its product as it expands and innovates . “ Our product is enterprise grade because we ’ re working with the largest
companies in the world ,” Van de Maele comments . “ We have real strategic partnerships with our customers . From a support , services and sales perspective it ’ s really important to keep investing to meet customer expectations .”
In addition , Collibra ’ s partnership with – and investment from – CapitalG will allow the startup to leverage AI and machine learning further than ever before . “ There are two ways we will leverage that : one is embedding even more AI and machine learning into our own products , and driving automation . Through AI and machine learning , we
APRIL 2019