FinTech Magazine - September 2021 | Page 120

COMMENTATORS FROM NASDAQ , SENSIBILL , AND AURIGA PROVIDE AN OVERVIEW OF HOW FAR FINANCIAL DATA ANALYTICS HAS COME AND WHERE IT MIGHT BE HEADING
TECHNOLOGY

A snapshot of data analytics in modern finance

COMMENTATORS FROM NASDAQ , SENSIBILL , AND AURIGA PROVIDE AN OVERVIEW OF HOW FAR FINANCIAL DATA ANALYTICS HAS COME AND WHERE IT MIGHT BE HEADING

WRITTEN BY : WILL GIRLING

Data analytics has often proved to be the silent hero of finance ’ s digital transformation story , yet its positive effects can be felt everywhere . Concepts that are currently gaining momentum , such as Open Finance , would be impossible to execute without it ; subsequently , customers are gaining access to a greater variety of highly relevant product options , while companies are unlocking new revenue streams and simultaneously optimising old ones .

We asked three experts in the field to provide us with an up-to-date snapshot of what data analytics can , will , and could do as part of finance ’ s transition from a pre- to post-pandemic industry . They are :
120 September 2021