News & Insights

Data represents the foundation for digital innovation in the financial industry

The demand for data-driven technology and innovation in the financial services market is surging, as data continues to take a more important role in the operations and management side of a business. From enhancing processes and retaining customers to improving security, data-driven technology has evolved into an essential technological solution for several challenges facing the […]

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Oracle confirms launch of Cloud Guard and Maximum Security Zones

Oracle has stated that it is the first public cloud provider to launch a security policy enforcement plan incorporating best practices, with Oracle Maximum Security Zones. Oracle Cloud Guard assesses configurations and general activities to detect potential threats and automatically responds and repairs any faults across all Oracle Cloud global regions. The rise and transition […]

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Financial businesses need to secure their position in the data industry

In the finance world, legacy systems have represented the foundation that has maintained a business in its traditional activities. Making the decision to move away from legacy systems can be complicated, from a technical and business culture perspective. Many analysts believe that while it may be a challenging move, it is something that must be […]

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How Artificial Intelligence is transforming the finance industry

Artificial Intelligence and Machine Learning are continuously transforming businesses and influencing traditional processes in the finance industry. AI technology already supports many daily activities, and quite often does this without us knowing. A recent study by Gartner suggests that 40% of major businesses plan to implement AI solutions in 2020 and over half intend to […]

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How Anaplan is disrupting the planning industry

Analysts are instructing investors to focus more attention on Anaplan as a growing business within the digital transformation marketplace. In the last few days, Anaplan reported significant growth based on a surge of demand for its cloud-based business planning software. Businesses both big and small recognise the necessity to implement digital technology and the need […]

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Leading corporates join open data project to tackle the climate crisis

A number of leading corporates including Amazon, Allianz, Microsoft and S&P Global are heading a new project to combine AI, open-source analytics and open data to enhance the management of climate risks and take advantage of the new opportunities within the net-zero transition. Managed by the non-profit organisation the Linux Foundation, the LF Climate Finance […]

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UK software specialist Aveva confirms purchase of OSIsoft for $5 billion

In a move to expand its services further, the British software provider Aveva Group has confirmed the purchase of SoftBank supported business OSIsoft for a total value of $5 billion. Industrial businesses have started integrating additional software into their manufacturing to reduce costs and improve their overall supply chains, benefiting businesses like Aveva. Aveva has […]

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Would the acquisition of TikTok be a good option for Oracle?

Oracle recently announced it has joined the race to acquire the US assets of very popular app TikTok. Microsoft is also in contention, whilst Twitter has been suggested as another interested party. In response to this news shares in Oracle rose by 2%, however, some analysts believe TikTok wouldn’t be a good fit for Oracle. […]

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The implications of big data in the finance industry

Innovative technologies including artificial intelligence and machine learning are transforming financial businesses and Big Data sits at the core of these new industries. With the support of AI, businesses can efficiently assess data for insightful and relevant information in a fraction of the time. AI can identify specific trends and patterns and display this information […]

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Finance teams focus investment plans in training and tech

NetSuite recently published their latest survey regarding priorities in the finance industry. The results are based on specific information from finance professionals and explore how finance teams have managed during the pandemic. The survey repeated certain themes and questions from the previous report to assess how priorities may have changed in recent months. Some of […]

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ENSEK confirms acquisition of data analytics business NrgFin

The former software-as-a-service (SaaS) platform provides energy solutions services, including billing, customer relationship and financial management. UK-based ENSEK, a specialist provider of software services for energy suppliers has confirmed it has acquired the consultancy and data analytics business NrgFin. The new deal represents a part of ENSEK’s growth strategy to expand further into other nations, […]

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Post Pandemic Finance – Transforming your legacy

CFO’s are making plans to prepare for a new age of finance transformation – the post-pandemic finance. How has the industry changes over the last two decades? For many businesses, a post pandemic finance industry involves making a significant move from just focusing on automating vital financial processes. A post-pandemic finance industry requires a more […]

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