At first sight, Financial Advanced Analytics can seem overwhelmingly complex. Not only do we have to consider factors that are relevant to advanced analytics projects in general, but we must also consider industry-specific factors within finance processes. These include layers of legislation, an emphasis on accountability and traceability in relation to decision-making (even down to individual...
Nowadays advanced analytics is transforming business processes in every conceivable industry. As a result, the hype surrounding big data and advanced analytics is reaching fever pitch. Here, Jörg Brendemühl, Vice President Analytics & Consulting Services at Arvato Financial Solutions, sifts through the complexity of today’s financial world and outlines how advanced analytics is enabling...
According to a study by consulting company Accenture, 83% of German insurance companies believe that their industry will experience digital transformation over the next three years. A study by St. Gallen University forecasts that the interaction between the customer and company throughout the customer journey will for the most part be digital by 2020. Simplify claim processes, improve digital...
Not long ago I wrote about my Saturday shopping experience in relation to Amazon opening its first supermarket without check-outs. Today it is my supermarket of choice that has led me to reach for my pen – perhaps this could slowly develop into a habit.
While I was quite euphoric about Amazon becoming the future of the POS retailer, today’s anecdote is on the contrary tempered with a good...
I don’t know about you, but I'm one of the many people who enjoy shopping. It has become a little ritual for me to drive to the supermarket with my children on Saturdays to get our purchases for the coming week. As I stroll along the aisles, my kids put the chocolate in the shopping cart for me, which I'll pay for later, of course. What puts a damper on our shopping experience on a regular...