Technology

We need a little Jerry Springer

We need a little Jerry Springer

Regulators are turning up the heat on data quality management in financial institutions. Some regulations require named senior management ownership of the data governance function. Others come at the same issue indirectly, demanding proof of quality processes used by financial institutions to make their regulatory filings. Either way, the objective is the same – to require a named person to bear responsibility for the correctness of data used to run the business and construct routine regulatory filings. The message from politicians is clear – in the next crisis, if the filings were wrong, somebody is going to jail.

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From data lake to data swamp

From data lake to data swamp

“Our data lake turned into a data swamp!” We are hearing this observation more often. Why is this happening and what can be done to mitigate?

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The Digital Back Office

The Digital Back Office

There is lots of talk about digital in banking from people such as Chris Skinner in his insightful blog The Finanser. Much of this discussion however is focused on the front office relationship with external customers, specifically about how to build a bank that is responsive to customers in the digital world. I believe that this thinking is too narrow, it is my belief that you cannot have a digital bank without a Digital Back Office. This needs to provide the important services to support the internal management of the bank, as well as the operational support for external customers.

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Could a robot do your job?

Could a robot do your job?

Artificial intelligence is advancing. Medical diagnosis, stock trading, even cow milking are applications being applied to artificial intelligence techniques today. How long before a robot takes over your job?

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No-nonsense summary of data management generations

No-nonsense summary of data management generations

Data management software vendors are notorious for excessively complicated, jargon-filled or confused explanations of their technology and its benefits. This blog is a succinct, simple summary of how data management has evolved to where we are now over the years.

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About Stream Financial

We enjoy those intractable business problems you hate. We employ our experience and leading edge software solutions to help your organisation realise it’s full potential. Our approach is widely effective for business processes across all organisations and business sectors.


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