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Perficient Included in IDC Market Glance: Lending Digital Transformation Strategies

Perficient

We knew that we could help optimize the debt collections process, reduce loan loss rates, and increase customer loyalty by leveraging a highly personalized and humanized approach to lending that combines process reengineering and technology throughout the customer journey. A Pathway to Improved Loss Rates and Happier Customers.

Lending 354
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Using a big data approach to overcoming banking regulatory requirements

Insights on Business

Interest rate risk in the banking book (IRRBB) guidelines bring ALM analytics much closer to market risk standards and add more scenarios, so banks must dive deeper into the risks embedded in their loans, deposits, and derivatives. Regulatory pressure is creating a financial data analytics crisis. So, is there a solution?

Big Data 151
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Engage your market by leveraging technology

Abrigo

Offers of insight and ways to generate business growth and increase effectiveness have flooded the market. Though the message has stayed constant, technological improvements have opened the door for firms to reach beyond the borders of geographical regions and time zones.

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To Optimize Supply Chains, Big Data Must Have The Need For Speed

PYMNTS

In this environment, blockchain has surfaced as a technology heralded by many as the disruptive force that can address some of the modern threats to supply chains, from cyberattacks to vendor risks. One of the biggest selling points of distributed ledger technology (DLT) is its ability to preserve the integrity of data.

Big Data 166
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A new era of technology enabled financial risk management (Part 1)

Insights on Business

In this series of blogs, we will focus on four transformative technologies with emerging risk applications that can help banks and financial institutions grow profitability and protect the enterprise. Each technology is at the start of an enormous adoption growth curve, and has been the subject of intense discussion.

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Sifting Through The Million Ways Big Data Empowers Procurement

PYMNTS

The data about suppliers and supply chains now at companies’ fingertips can help mitigate those risks and boost profits, said Jaggaer’s Zia Zahiri, chief technology officer (CTO), and Raj Aggarwal, product marketing manager for eProcurement and accounts payable. Risk can be thought of in many ways,” said Aggarwal.

Big Data 119
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US Banks Expected To Lose 200K Jobs To Technology

PYMNTS

Mayo said, according to the outlet, “It’s been a rocky 25-year marriage for banking and technology, but it’s finally getting on course.”. Wells Fargo’s team of analysts in financial services and technology examined technology’s impact throughout the banking industry in the U.S.