FinTech Magazine - March 2023 | Page 73

BELL FINANCE
that really supported our transformation journey ; therefore , given the criteria , utilising them was a no-brainer as part of our technology kit to enable automation .”
Orienting to the future Kirsten says that Bell Finance have completed some of their more foundational development , specifically around their finance-governed data warehouse , but adds that it ' s an evolution . Now , they ’ re scaling new capabilities with visualisation and reporting , trying to develop crosscompany insights and analytics for their finance community , as well as starting to look to ML and AI to build new capabilities with intelligent forecasting and analytical process automation .
“ We ' re in an accelerated development phase of being able to leverage these new capabilities ,” Kirsten says , “ where it ' s now become real for our finance function , and we ' re seeing the benefits . We ' re continuing to grow from that foundation that we ’ ve built , and scaling the solution is the most important piece over the next 18 months .”
MacEwen adds : “ The telecommunications industry is currently going through a rapid transformation . When you think about new services emerging in the marketplace , with things like the launch of 5G , the Internet of Things ( IoT ), Multi-Access Edge Computing ( MEC ) and Cloud – these are all new types of services that telecoms globally are launching and trying to take advantage of .
“ This is going to bring new and interesting ways for the finance organisation to analyse data and provide insights , bringing new capabilities along the way . We think there ' s going to be lots of interesting ways for our industry to monetise these emerging services , and finance will play an important role in that process .”
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