Databricks Financial Services Forum Recap
The Databricks Financial Services forum in NYC last week was a great event to learn how industry leaders are utilizing Data, Analytics and AI. It was also a chance to preview new Databricks capabilities that help drive value through Data and AI. Below are some key takeaways from the event. AI is Accelerating New Business […]
Navigating Cloud Risks in the Transformation of Financial Institutions eBook
Find out how you can Navigate Cloud Risks In the last ten years, U.S.-based financial institutions have undergone a remarkable transformation by embracing cloud technologies. This shift, propelled by the COVID-19 pandemic, remote work trends, and evolving customer expectations, has not only streamlined operations but also reduced operational costs significantly. The cloud has become an […]
Is Your Data Ready for AI? Assessing Your Company’s Data Maturity
Imagine a financial institution — let us call it BankXYZ — struggling to keep up with the rapidly changing landscape of the industry. The world has entered a data-driven era, where competitors are leveraging advanced analytics, AI, and machine learning to gain an edge. BankXYZ recognizes the need to embrace this new reality, but it […]
Infinitive Announces Next Generation Suite of Cloud Risk and Controls Solutions
Infinitive’s next generation suite of Cloud Risk and Controls Solutions helps companies harness the potential of the cloud by maintaining security, compliance, and operational efficiency in their cloud environments. ASHBURN, VIRGINIA (PRWEB) August 14, 2023 ASHBURN, Va., Aug. 14, 2023 /PRNewswire-PRWeb/ – Infinitive, a prominent technology and transformational consultancy, has announced the expansion of its […]
Veteran Service Organization Leverages Data and Analytics Services Through AWS For Enhanced Decision Making
Navy Mutual, a federally tax-exempt, mutual-benefit Veterans Service Organization committed to safeguarding the military and uniformed service community’s financial future, needed help becoming a more data-driven organization through cloud modernization. Challenge Navy Mutual needed help designing, building, and supporting a secure, scalable, and cost-effective data lakehouse in AWS to centralize disparate data sources for analytical […]
The Evolution of Banking – Open Banking and APIs
All Roads Have Led to Open Banking Over the past few decades, banking has evolved from an industry defined by brick-and-mortar institutions to an increasingly digital and customer-focused sector. This transformation has been guided by technological innovation, shifting customer expectations, and new regulatory frameworks. Traditional banking models prioritized the bank as a central hub, controlling […]
Life Insurance Company Seeks to Better Understand Its First Party Data
A mutual insurance and financial services company needed help to modernize their data architecture and build their data analysis capabilities in order to achieve their strategic goals of targeting of new customers, retaining existing customers, and engaging members more effectively. Challenge The client needed support implementing cloud solutions and creating strong data analytics and visualizations. […]
Driving a Sustainable Controls Environment
Challenge A Fortune 500 Company needed assistance in transforming and improving the sustainability of the company’s control ecosystem to reduce risk and maximize cost savings. Specifically, the client needed to: Implement automation procedures to reduce risk of errors from human intervention Improve efficiency through automating manual controls to allow team members to focus on more […]
The Challenge of Modernizing Banking Systems
Challenge A Top 10 Financial Institution was dealing with an outdated, monolithic core banking system. There was a heavy need to modernize this system, improve information-sharing across the bank, make the system easier to use and repair, and reduce dependencies on third parties. To progress the modernization effort, the client needed support on two discrete […]
Finance in the Fast Lane: Low Latency Data Solutions for a Top Financial Institution
If data is the “new oil” for many companies, speed may be the engine. While many companies are grappling with the proliferation of data, one of Infinitive’s clients, a Top 10 Financial Institution, has now tackled the speed problem. Speed to write, process, and read data in several business applications can mean the difference between […]