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September 06, 2018

Banking CIO Outlook Weekly Brief

Newsletter for Enterprise Technology Decision Makers

Feature of the Week
The banking industry uses big data analytics to improve the way they market products to boost their profits, plan their budgets, and the future.
A lot of information can be investigated successfully with the assistance of applications installed in robots, end-user gadgets & the financial institutions which likewise assists with projections, forecasts & actualizing customized financial aid.
Predictive analysis in banking can help in processing the vast bundles of applications, without excluding essential variables, without any delay or error, without growing tired.
Featured Vendors
An income planning strategy platform that facilitates retirement income planning by segmentation of investment money into buckets and time frames.
Helps minimize clients’ taxes, maximizes their after-tax returns, and increase their retirement income across multiple household accounts and products.
A leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management.
CIO Viewpoint
Vennard Wright, CIO, WSSC (Washington Suburban Sanitary Commission)
Accounting for PCI requirements necessitates the need for significant planning up front, to develop and implement payment processing methods for customers and other entities.
Thomas Knapp, CIO, Waterstone Mortgage Corporation
As with all strategic initiatives, digital transformation must be driven from executive management through all functions within the organization.
CXO Insights
By Bill Martin, CFA, Chief Investment Officer, INTRUST Bank
Current and emerging technologies are empowering advisors to enhance collaboration, simplify onboarding, customize portfolios in scale, enrich client communications, and improve investor outcomes.
By Scott Essex, Executive Vice President, Chief Compliance & Ethics Officer, Citizens Financial Group
Advances in technology have been accelerating since people started writing about “advances in technology”.