Problem Data Catalog is an inventory for datasets. It provides detailed data description (i.e. metadata), such as when it was created, to enable users find and understand a relevant dataset. For many traders in financial services, data catalog enables their investment decision making to be more data-driven and evidence-based. Take Environment, Social and Governance (ESG) […]
Problem According to Gartner, $14.2M is lost to poor data quality each year. Data quality refers to how suitable the data is for its intended purpose. High quality data is extremely important as it impacts the performance of business operations. For financial services, in particular trading teams, data must be of extremely high standard, as […]
Problem Data governance is prominent in helping financial institutions stay compliant as digitalisation accelerates. It ensures that an institution has the right data available at the right time, and that the data is accurate and in the required format to satisfy specific business needs. One of the most critical component of data governance is Know […]
Problem Since data resides in various systems, data mapping helps bridge the gap between two systems, so that when data is moved from a source, it remains highly accurate and usable at the destination. For any financial institution, operational risk management is critical. Prior to analysing operational risk data, organisations must map data to homogenise […]
Problem Healthcare systems around the world are under constant pressure to provide high quality care while keeping costs low. Hospital readmission rate is an indicator of hospital quality negatively impact the care cost. In the UK alone, statistics show that readmission to hospital within 30 days of discharge can cost the NHS around 1.6 billion […]
Problem Coming up with a diagnosis for a patient can be a very complicated process even for the most experienced practitioners. For hundreds of years, medical images have been aiding healthcare professionals in diagnosis and treatment planning. As the volume of patients is increasing and cases require more time due to their complexity, healthcare professionals […]
Problem While healthcare providers are working hard to ensure we all have access to affordable healthcare, others try to take advantage of it. According to NHS Counter Fraud Authority, around £1.21 billion is lost to fraud in the UK, each year. This results in decreasing care quality and increasing care cost. Detecting fraudulent claims using […]
Problem The speed of business has accelerated. From product labels, blog posts to commercial videos, marketers hustle to create timely and creative contents for dozens of products. However, ensuring that everything you write about your product falls in line with compliance requirements can be a daunting task. Currently, these massive volume of marketing contents are […]
Problem Customers expect highly personalised content based on their preferences and needs. As a traditional way, marketers and media professionals create and deliver segment-based content based on historical data. Unfortunately, this approach is based on broad segmentation or manual preference selection, which leads to low click through and conversion rates. For example, a media website […]
Problem Retaining current paying customers is more valuable to the growth of the business than trying to acquire new ones. Being able to predict and prevent customers who are at higher risk of churning on time, represents a huge potential revenue source for any business. Furthermore, when losing a paying customer, a business doesn’t only […]
Problem Learning from customer’s complaints, banks can identify where the wearing down risk is highest so they can take necessary actions. However, receiving thousands of feedbacks and complaints every week, banks don’t have the resources to understand and extract business value from these data, which takes weeks and leads to slow action. In addition, customers […]
