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How insurers should choose new technology

by Allan Davison | Oct 3, 2014 | Industry Areas, IT in Financial Services Trends

The process of choosing new technology has traditionally involved selection centred on a functional and technical scoring exercise. However to select the best technology partner, insurers should look beyond core features and functions and aspire to innovations like...

Banks can improve online experience

by Allan Davison | Oct 1, 2014 | Industry Areas, IT in Financial Services Trends

Banks are today at the mercy of their IT systems. As IT progresses and becomes more consumerised, customers are demanding smarter, faster and better ways in which to do their banking no matter the device. But how do they monitor the success of what they have and...

South African banks must restore trust

by Allan Davison | Sep 12, 2014 | Industry Areas, IT in Financial Services Trends

The recent failure of African Bank, and the subsequent Moody’s downgrading of all South African banks, indicates a serious lack of trust in the compliance culture of our banking system, says Gary Allemann, MD, Master Data Management. Realistically, no other South...

Insight for the insurance industry

by Allan Davison | Aug 12, 2014 | Industry Areas, IT in Financial Services Trends

A tidal wave of data is drowning the enterprise. A terabyte, maybe two a few years ago, has grown to several petabytes for the larger entities, and most cannot cope with the speed and velocity at which this data is coming at them. Moreover, the vast majority of the...

Stokvels: a hidden economy?

by Allan Davison | Aug 1, 2014 | Industry Areas, IT in Financial Services Trends

In a macroeconomic context, the more a nation saves the more it is able to invest, while in a microeconomic sense, individuals deep in debt are not only unable to save, but are constrained in their ability to spend, says Anton de Wet, managing executive: Client...

Digital to revolutionise insurance industy

by Allan Davison | Aug 1, 2014 | Industry Areas, IT in Financial Services Trends

If, as an industry, we do not transform successfully to being truly digital businesses we will not survive in our current form. This was the overarching message at a recent SSP networking breakfast focussing on the digital evolution and how it is impacting the way...
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