Financial Services

Paradigm Shift: How AI will change the face of banking analytics in 2019

By January 3, 2019 March 27th, 2020 No Comments

A decade on from the financial crisis, the European banking industry is facing another potentially transformative event – Britain’s decision to leave the EU. With so much uncertainty approaching in 2019, Chris Ganje, CEO and founder of AI-powered business intelligence firm AMPLYFI, looks at how the need for applied technology in analytics has never been greater.

Is Brexit the greatest opportunity or the greatest threat to banking in modern times? Depending on your viewpoint, there will be a statistic to support it. For every dire economic projection, there is a trade deal; for every bank relocation to Frankfurt or Paris, there is an argument that London will continue as one of the world’s leading financial centres. With such a significant event looming and with so much still unknown, it is more important than ever for senior leaders to make better informed decisions. Decisions on investment, acquisitions, portfolio management, resource or R&D spend can have a profound and long-lasting effect on the performance of any bank.

Originally by Chris Ganje for Global Banking and Finance review, read the full article here