2 Comments

  1. Jim Gitau

    Interesting read. As a Software Product Manager in the insurance industry, this is probably one of the biggest challenges we face. Getting clients to fully trust the numbers from the application and abondon excel.

  2. conseray

    Good read, implementation of the so called analytics comes with a huge cost though, and to some banks it’s ain’t easy to justify to the board the ‘investment’. Old/monolithic systems do not also support the real-time reporting, this alone is a nightmare. Most banks have not even embraced the service oriented architecture principles, systems exists in isolation . This therefore means applications can not to talk to each other and hard to exchange key data that can flag fraud.

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