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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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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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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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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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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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 […]

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Why 2023 Will Be the Year of Data Scientists

As we begin a new year, one of the most highly regarded talent pools will be data scientists, as their particular skill sets will become even more valuable for businesses.  During 2022, hiring in the tech industry exceeded many other sectors impacted by the transformation preceding the pandemic, the great resignation and a range of […]

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Creating a competitive edge by harnessing valuable data

In these new times, leveraging data to create significant value is no longer just a dream but a possibility that is well in reach for those capable of harnessing data purposefully. There are opportunities for global leaders across various industries to transform their approach towards data and convert it into a competitive advantage over other […]

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How Analytics Is Transforming Finance

Industry leaders are exploring how analytics is impacting the finance industry, creating opportunities and new challenges. In a recent discussion referred to as the analytics of finance, representatives stated the risk of potential new frauds and that if regulators fail to embrace analytics in the future, fraud cases will get bigger, persist for longer and […]

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The value of predictive analytics for future business success

Predictive analytics is becoming a critical tool for businesses looking to determine the results of key decisions before committing to them. The benefits are evident but implementing the tech can be a challenge. With rising inflation impacting costs and fears of recession affecting demand for services, companies across the country are decreasing their spending and […]

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Demonstrating the benefits of cloud to bridge the IT gap in finance

When discussing the value of cloud outsourcing with financing, IT leaders should highlight the benefits such as speed, reliability and security. The division between IT and finance can be challenging in budget planning. While opinions differ within IT budget planning, they can escalate further when discussing the potential of outsourcing cloud hosting. In practice, many […]

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Deloitte and Persefoni partnership intends to decarbonise the finance industry

With rising demand for managing the impacts of climate change, finance-related businesses are experiencing new challenges. Deloitte is partnering with Persefoni to launch a new integrated service that measures climate exposure, meets new regulations and delivers more informed data-focused decisions. Persefoni, a climate management and accounting platform (CMAP) provide businesses, financial companies and government agencies […]

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