TIBCO Spotfire lets you visualize the results from high-performance computing for what-if analyses, Monte Carlo simulations, and advanced statistical models for financial risk analysis run on hundreds of computers in a TIBCO GridServer environment. This is a critical capability for financial services companies. And here’s why:

On May 9th, TIBCO announced its collaboration with Microsoft and Azure for the purposes of large-scale computer calculations, so I wanted to add some weight to this and share what we have learned.

Increasingly, banks are looking to analyze and act on the large quantities of valuable customer information they collect in order to deliver the right products and services to existing clients as well as high-value prospects. Additionally, as banking customers take advantage of faster, more agile digital banking services, retail bankers are… Read More →

Chief data officers (CDOs) are necessary to help companies solve challenges when it comes to implementing effective Big Data strategies, according to a new report from Capgemini Consulting. However, even though financial services firms understand that they need to better manage their data to meet increasing regulatory requirements as well… Read More →

Banco Sabadell is Spain’s fourth largest banking group, comprised of banks, brands, subsidiaries, and part-owned companies covering all areas of financial business. The bank occupies an outstanding position in the personal and business banking markets—and its biggest business driver is the customer. “Our main objective is delivering top-quality financial services,”… Read More →

Part of BNP Paribas, BNL in Italy offers a huge set of products from banking services to financial insurance using both traditional and innovative media. For its new always-on, all-digital Hello bank! project, the bank’s goal was to improve customer acquisition by providing the most innovative, customer-focused banking services. The… Read More →

A recent study by EY (formerly Ernst & Young) reveals that high-growth financial services companies are twice as likely to focus on data and analytics in revenue-generating areas such as marketing and sales. The study also finds other correlations between high-growth financial services firms and their ability to leverage data… Read More →

When it comes to retail banking, customers today expect personalized service—around the clock—from their banks. That means to be competitive, retail banks must—not should—offer their connected customers access to online banking, mobile banking and remote account management, according to an article in Banking Systems & Technology. And if they want… Read More →

The world is flush with news around Big Data—the huge volume, velocity, and variety of data coming from the Internet, mobile devices, social media, and other sources. It is a potential  gold mine for companies that are able to use it. Data Defining Business Strategy Consider a new report[1] from Capgemini that… Read More →

Think of business in a new way. If one runner speeds up to get ahead of the pack, what tends to happen is everyone else speeds up to match his pace. With everyone running above their optimal level just to keep up, no one gets ahead and everyone loses efficiency…… Read More →