News & Insights

Approaching the cyber security challenges in the ERP market

Data lies at the core of modern business, and enterprise resource planning (ERP) systems are where data is most dominant. ERP software integrates data and business functions across various markets like finance, manufacturing, marketing, sales and others, which makes it an appealing prospect for potential cyber-attacks. What threats do ERP systems face, and what can […]

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Transforming financial services through the open data revolution

The recent speech by the King reaffirmed we could be approaching a change in UK law with the potential to completely transform our lives and accelerate economic growth. The government has committed to enabling the implementation of revolutionary new technologies via the Data Protection and Digital Information (DPDI) Bill. The final objective is to reach […]

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How Data and Analytics is transforming the role of the CFO

A resilient data structure has become a mandatory part of measuring, managing and transforming business for long-term value creation. Financial consultants, Accordion published a playbook for CFOs in 2022, emphasising how finance has become critical in delivering a strong foundation to support ongoing strategy and generate value creation. Driving that focus on finance is the […]

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How AI is transforming the finance industry

The Institute of Analytics (IoA) has a strong interest in AI and is committed to this market. While AI offers multiple benefits, it’s critical to appreciate the risks that emerge from unregulated technologies. AI has gained rising interest in the finance industry, transforming multiple parts of the industry. This movement has been supported by new […]

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Top trends in digital finance over the next decade

The financial market is rapidly progressing and has been supported by digital innovation, societal changes and customer expectations. As we look to the future, there are several trends in digital finance emerging that could reshape the industry over the next decade. What could the future of digital finance look like? Emerging Central Bank Digital Currencies […]

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Tech businesses increasingly dependant on finance professionals

According to an industry report from automated finance business Ledge, finance professionals at technology businesses are often encouraged to increase their headcount to manage the rising workload on finance operations. The new data highlights that as an organisation matures, the finance team grows 3.5 times, which is approximately 20% faster than all other areas of […]

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The value of data and insights in a business

At the recent MRS data-driven insights conference, industry leaders discussed what ‘data-driven insight’ means for businesses. Liz Lamb, head of data and insight at Card Factory, explains that she typically combines finance, data and insight to determine the potential ROI.  Data-driven insights are based on genuine trust and confidence that this information will help a […]

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How CFOs can digitalise the finance industry

Finance as a function must ensure that any data applied is reliable and everyone has confidence in the information used. If data quality becomes a challenge, managing and assessing the overall strategy and associated investments will become a concern. The digital transformation of finance requires a shift towards automating many processes with a move to […]

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How generative AI can support the finance industry

Finance businesses are exploring how generative AI can support employees and customers with a range of text and numerical processes. Financial companies want to capture generative AI’s significant potential while managing the risks. In the finance industry, however, businesses are exploring support on the best way forward. The broad language models within generative AI have […]

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How CFOs can drive innovation in the finance industry

Innovation has become a driving force in today’s advancing business landscape. CFOs play a critical role in managing their organisation towards financial advancements, and their potential to drive innovation can be transformative. One way CFOs can drive the change in innovation is by utilising the power of technology. The finance industry has experienced significant progression […]

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Finance leaders highlight the prospect of AI and its impact on productivity

Finance lenders anticipate considerable gains in terms of efficiency with the rise of AI technology. In 2017, Deutsche Bank’s CEO stated that robots would replace nearly half of his workforce in the coming years. At a similar time, the former Citigroup CEO predicted that approximately 30% of global finance jobs could disappear due to AI […]

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The role of ESG data in improving access to finance for SMEs

ESG has become a top priority for many companies, but with mounting concerns surrounding greenwashing, how businesses accurately measure their global impact is critical. ESG data represents a valuable resource and could help increase access to funding, especially for smaller organisations. In recent years, the requirement for higher levels of transparency on ESG impact from […]

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