Data and Analytics is an integral part of every value chain in decision making across FSI sector, from back-office operations to front-customer facing operations. FSI institutions look to algorithms and analytical functions to fulfil the basic drivers that include improving operational efficiency, driving growth and providing superior customer support including personalized experiences for customers.

 Becoming a successful digital bank or insurer relies on effective and innovative data mastery. This includes knowing how to exploit data in new and creative ways, building an algorithmic business and tapping into new sources of data, including the Internet of Things and digitally derived data.