Data Modernisation: a Key Element of Business Transformation 2023 | Finextra | 23 January 2023 | Online

Many financial institutions face issues in using legacy platforms that no longer keep up with their customer and internal requirements in real time. So how can businesses evolve their data processing to become more timely, agile, and scalable while controlling infrastructure costs?

Data modernisation is facilitating business transformation by moving from outdated legacy systems to a modern, multi-cloud, data platform to enable personalised customer experiences, new revenue opportunities, and a faster time-to-market.

The transition from legacy to modern platforms can lead to multiple benefits for financial institutions. While reducing TCO, these transformations increase developer productivity and reduce data fragmentation and duplication, offering more value from data. For example, organisations can unlock data to support novel onboarding processes by using existing operational data to score new customers.

Sign up for this Fin extra webinar, hosted in association with MongoDB, to join our panel of industry experts as they discuss the following areas:
• How will data modernisation solve legacy issues faced by financial institutions and businesses?
• What strategies of data modernisation are in use?
• How will data modernisation impact customers?
• What trends are we seeing in the industry in terms of data analytics?
• What are some examples of use cases in which data modernisation has been successfully applied?

2023 Speakers

MODERATOR:

Gary Wright
Head, Research, Finextra [Moderator]

SPEAKERS:

Joerg Schmuecker
Director, Financial Services Industry Solutions, MongoDB

Prabhakaran Pitchandi
Vice President, Global Head of Analytics and Insights, TCS

Fabian Khoshbakht
MD, Head, Client Insight & Innovation Treasury Services, BNY Mellon