News & Insights
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News & Insights
UK open finance at a critical point in defining future
According to a new report by the independent group Coalition for a Digital Economy (Coadec), the UK open banking industry has reached a crossroads and suppliers require more certainty about its future path. Nearly 5,000 people are working in the UK open banking and the industry raised over £880 million last year, so a lack […]
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News & Insights
CFA Institute launches investment industry big data and AI guide
The CFA Institute, a global association of investment professionals, has introduced a guide for AI and Big Data services in investments, published by the CFA Institute Research Foundation. The guide details how asset managers use AI and big data technologies to streamline the investment process and enhance investments and business performance. With contributions from data […]
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News & Insights
Women in Finance report highlights progress in female leadership
The latest Women in Finance report highlights how the finance industry is making positive changes toward increasing female representation in senior leadership roles in finance. The report suggests that the average representation of women in senior roles increased to 35% in 20222 and that nearly three-quarters of signatories increased the number of women in senior […]
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News & Insights
Data fabric can create considerable value for CFOs
Many businesses today struggle to maintain pace with the demand for harnessing data for decision-making. A mix of legacy systems, lack of digital skills, underinvestment and mounting unstructured data are some of the main reasons which have left many organisations feeling quite limited in their ability to use data effectively. Data challenges impact various teams, […]
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News & Insights
How women are making a difference in the data industry
With the next industrial revolution progressing, a considerable amount of new data is being created, stored and analysed daily. This information massively impacts our economy, workforce, culture and society. Our experiences, whether it be individually or collectively, are significantly influenced by data. We collectively create data, but as it stands, women account for only 26% […]
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News & Insights
The challenges and benefits of transitioning finance to the cloud
Shifting finance to the cloud can create a range of benefits for businesses, but there are also potential challenges to overcome. CFOs interested in moving the finance aspect to the cloud should consider the benefits the move can bring, as well as the potential challenges. Cloud migration of software can reduce maintenance costs and enable […]
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News & Insights
Report highlights the need for more data skills in the finance industry
UK financial services businesses are believed to need more data skills to succeed in a progressive digital landscape. The lack of data-specific skills for business strategies is hindering UK finance companies’ plans to meet customer demands for more personalised services. Recent studies by data and analytics business Cynozure suggest there is an overall lack of […]
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News & Insights
Priorities for investment in finance teams in 2023
As this year starts to accelerate, finance leaders are reconsidering their growing list of priorities, which likely focuses heavily on increasing efficiency and data protection. According to a recent survey of UK finance leaders, the key priorities for finance teams over the coming year include cybersecurity (44%), Cloud and SaaS technologies (42%) and big data […]
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News & Insights
The financial metrics CFOs are focusing on during economic challenges
As operating processes become more challenging, CFOs are exploring beyond traditional metrics to determine and highlight the key strengths of their businesses to current and potential investors. Finance leaders are facing a range of new challenges this year. Inflation is rising rapidly, interest rates have increased faster than anticipated, and several major economies face a […]
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News & Insights
Data privacy and AI: the regulations that will shape tech in 2023
Data privacy, AI and crypto are becoming critical parts of regulation this year. As technology progresses, the demand for regulation increases at a similar pace. Governments have tried to maintain pace with the rise of new tech and other platforms, attempting to protect customers, drive competition and deliver safe areas for consumers. In the last […]
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News & Insights
Redefining the human touch with data-driven digital transformation
With organisations across virtually every industry utilising some form of digital technology, digital transformation is no longer a foreign concept. Yet, despite its widespread implementation, it’s a phrase that still causes anxiety among 80% of the workforce. As the COVID-19 pandemic encouraged the acceleration of new technologies amongst 47% of business leaders, with 29% developing […]
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News & Insights
Digital progression in finance and the outlook for 2023
This year’s outlook has radically changed from predictions a year or so ago. At the end of 2021, executives were focused on the recovery phase from the pandemic and overall confidence in the economy was quite positive. While predictions with rising interest rates, accelerated technology integration and struggling labour markets did occur, the economic outlook […]