News & Insights
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News & Insights
Data remains the biggest challenge to TCFD adoption
New data initiatives intend to deliver transparency in climate reporting. Recently, the US Securities and Exchange Commission announced a draft measure requiring US-listed businesses to disclose climate-related risks and their greenhouse gas emissions. The ruling was announced in response to investors requesting further guidance on how to report on climate-related impacts. Some have criticised the […]
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News & Insights
Data literacy struggling to maintain pace with data growth
Skills shortages mean that it will become challenging to fill future emerging opportunities in the data industry. Business data continues to rise in scale and spread across more platforms, but data literacy skills struggle to maintain pace. Most companies have the equivalent of an average of six platforms of data. While leaders are reasonably assured […]
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News & Insights
Data-focused financial planning hasn’t reached its full potential
The lack of quality data and automated processes can hinder the rate of transformation at many businesses. Studies suggest that the potential for improved IT-finance collaboration is very under-explored. It’s important considering how much financial data supports the development of a positive strategy. Jason Child, the CFO of Saas business Splunk, describes his time at […]
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News & Insights
New degree to prepare the future finance and data science leaders
Imperial College London has announced the UK’s first degree to enable students to study a combination of economics, finance and data science. The new undergraduate BSc in Economics, Finance and Data Science plans to launch in October 2023. The first of its kind degree offers an innovative approach towards leadership and prepares the new wave […]
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News & Insights
The importance of big data in supporting ESG financing
Industry leaders are starting to understand the role that ESG has on how businesses operate; they are looking for solutions that help them manage their ESG analytics. Environmental factors have a significant influence on our quality of life as well as considerable financial implications. The cost of climate-associated disasters exceeded $650 billion between 2016 and […]
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News & Insights
How the finance industry can utilise data to build trust in today’s working world
As the finance industry significantly transforms through the rise of digital and technologies like blockchain become more established, the shift of data will inevitably present opportunities to cybercriminals. Studies suggest that banking and financial organisations are nearly 300 times more at risk of cyber-attacks compared to other businesses. With the UK financial regulator raising concerns […]
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News & Insights
Predictive analytics is more important than ever
Finance leaders have had to make critical business decisions faster than ever before, causing an accelerated focus on the importance of big data and predictive analytics. Implementing strategic decisions has become essential for finance leaders while businesses transform their finance systems and adapt plans to continue growing. With this rising pressure, predictive analytics has become […]
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News & Insights
The power of data and storytelling in finance
How storytelling can create deeper connections and allow your audience to relate to critical financial data In the world today, finance professionals have greater access to a range of data and information. More information, however, may not necessarily translate into meaningful and decisive action. What is vital for people in finance is deciphering how these […]
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News & Insights
Predicting future financial trends with AI
As AI continues to present new opportunities, the finance industry is putting its potential to good use. Predicting future trends, however, comes with its challenges. There are clear benefits of using AI in finance, but there are risks associated with implementing new technology. AI improves financial inclusion by ensuring banks can determine credit scores, which […]
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News & Insights
Tackling the divide in the big data industry
It’s fairly clear to most now that the continued advancements in analytics will have a profound impact on the business world. The Big Data Analytics market is anticipated to exceed $225 billion in the next few years, and according to LinkedIn is a major driver of new job opportunities worldwide. Advanced analytics, machine learning and […]
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News & Insights
CFOs focus technology investment plans on attracting new AI/ML talent
A recent survey by financial and HR software provider, Workday, suggests that CFOs are actively looking for financial professionals with specific skills in AI and ML platforms. CFOs are eager to invest in new tech to attract and retain the best finance talent with artificial intelligence and machine-learning skills. Workday released its Global CFO Indicator […]
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News & Insights
How big data is transforming the fintech industry
The rise of open banking is transforming how people use and interact with their finances. Open banking enables financial providers to offer more flexible and varied services for their customers. Open banking allows customers to share their financial-related information with authorised third-party providers. These groups can use this data to create a more bespoke service. […]