Avanade Poland’s Post

Future of Data Management in Finance 🌟 The Future of Data Management in Finance with AI 🌐 AI is transforming data management in financial services, powered by robust security master systems. Key benefits include: 🔹 Self-Healing Data: Automated correction of data discrepancies. 🔹 Scalable Solutions: Cloud and edge computing for flexible data handling. 🔹 Efficient Operations: Streamlined processes reducing manual intervention. By integrating AI, financial institutions can achieve superior data integrity and operational efficiency. Embrace the future of data management! 📊 #Finance #AI #DataManagement #Innovation #FinTech

Now, financial institutions can navigate climate risks seamlessly across their portfolios with the Oracle Climate Change Analytics Cloud Service. Oracle’s advanced analysis and built-in AI help to manage risks and address compliance with regulatory bodies. Learn more about how their shaping the future of banking: https://lnkd.in/e3_qWiUf #ClimateChange #EarthDay #AI #FinancialServices

Now, financial institutions can navigate climate risks seamlessly across their portfolios with the Oracle Climate Change Analytics Cloud Service. Oracle’s advanced analysis and built-in AI help to manage risks and address compliance with regulatory bodies. Learn more about how their shaping the future of banking: https://lnkd.in/dJtunz56 #ClimateChange #AI #FinancialServices

#Financialinstitutions are using #artificialintelligence (AI) and #machinelearning (ML), and generative AI services on Amazon Web Services (AWS) to transform their organizations faster and in ways never before possible. With Amazon Web Services (AWS), they can #automate and personalize experiences, enhance #analytics, and increase #efficiency on the most #secure, #scalable, and #resilient cloud. I am excited to share #capitalmarkets industry insights with Till Rosar from Oliver Wyman and Amazon Web Services (AWS) customer success stories, including Ulf Carlsson on Nasdaq's cloud adoption journey.

GenAI-enabled tech solutions are strongly believed to transform the landscape of financial services industry. As per the recent Google Cloud survey, more than 40% of finance firms expect at least 50% increase in genAI budgets since almost 95% of them are sure this tech will reshape the centuries-old look of the industry by empowering new boost of the business. The four pillars named as core to build a successful and safe genAI strategy for a financial company are: -explainability; - regulation; - privacy; - security. Adhering to those principles while building first gen-AI based specific domain use cases, whether it is for KYC, customer support, corporate reporting, or client onboarding, is key for successful progressing from initial PoC stage to scalable solutions implementation and company-wide adoption. I recommend going through our SoftServe e-book to get a bit deeper into the industry use cases of genAI and cloud-based solutions in finance by the following link: https://lnkd.in/dBmgpU4w #genAI #domainsolutions #digitalbanking #techadvisory #ceoforum #digitaltransformation

Cloud computing and AI are transforming the #FinanceIndustry, revolutionizing the way we do business and opening up new opportunities for growth and innovation. Cloud computing has been a game-changer, enabling #FinancialInstitutions to scale quickly, reduce costs, and improve agility. But what's perhaps most exciting is the potential of AI to transform the way we do business. By automating tasks, improving decision-making, and enhancing customer experience, AI has the power to unlock new efficiencies and opportunities for growth. But what does this mean for the #FutureOfFinance? The industry will be shaped by the increasing use of data analytics, automation, and cloud-based technologies. The days of manual processing and tedious paperwork are numbered, and in their place, we'll see a world where financial institutions are empowered to focus on high-value activities like customer service and strategic decision-making. And, as fintech continues to disrupt traditional banking models, we'll see new innovations emerge that challenge the status quo and drive innovation!

Discover how PwC UK and Google Cloud are reshaping the future of private banking. Together, we leveraged #MachineLearning to redefine operational efficiency for a leading private bank, saving wealth managers 675 hours daily and achieving total operational savings for the bank of £4 million a year. Read more on how we implemented this transformation and why human relationships were key. #GenerativeAI #Innovation #Alliances https://lnkd.in/et5Q-Jtc

This new analyst report from Celent about the impact that GenAI will have on Banking and Capital Markets is probably the most comprehensive I've seen. It goes into great detail on the value chain (ROI + impact) of potential GenAI use cases within the respective markets, including customer vs employee-facing applications and how they will evolve over the next 10 years. Can't recommend this enough to our customers looking at long-term planning on how GenAI can create value in their business and what impacts it will have now and over the long term. #AWSforfinancialservices #generativeAI #banking #capitalmarkets