The Global Fintech Landscape: Challenges, Collaboration, and Cloud

02/01/22 • 15 min

In recent years, fintechs have begun to deliver significant value to both consumers and businesses and have reshaped how some interact with financial services. Yet, while the fintech sector is going from strength to strength, these organisations still tend to face challenges.

This podcast explores the findings from InterSystems research that found an overwhelming 81% of fintechs identify data issues as their biggest technical challenge. And of this figure, 41% struggle to leverage data for analytics, machine learning, and artificial intelligence, while 40% are unable to connect to customers’ applications and data or legacy systems.

Encouragingly, most fintechs appear to be ready to take steps to overcome these challenges. Almost half (48%) plan to invest in data management technologies over the next 12 months, while 45% expect to implement AI and ML. Find out more from the research and how to overcome data barriers in this latest episode of the Data Dialogue, or for more information, visit: https://bit.ly/3HjUXnI

Previous Episode

Transforming healthcare reporting with InterSystems IRIS for Health

Within healthcare there are a multitude of reports available for organisations, providing information ranging from market-specific insights to supply chain reports, which can all be viewed through different means from dashboards to analytics. However, historically many of these reports supported break-fix models where they provided insight when problems occurred. Yet with the amount of data available, health and social care organisations need to align, capitalise and exploit the data they hold to become more preventative in the insights they produce, rather than reactive. Interoperability will be key to achieving this shift in data usage to combine data sets into one platform, in real-time.
In this episode, we discuss how better reporting of data can offer an overwhelming amount of transformation capabilities within the healthcare sector and how InterSystems IRIS for Health can support this change.
https://www.intersystems.com/migrate-to-intersystems-iris/

Next Episode

Outsmart Disruption – How Higher Education Institutions are Overcoming Data Challenges

The covid-19 pandemic caused serious disruption for the entire education sector.

Research from InterSystems found that sharing data was the biggest challenge for 59% of institutions. But their data issues don’t stop there. Many higher education institutions also face delays in accessing their data and are not using data to drive decision making as effectively as they could be. The knock-on effect of this for staff and students can be significant.

This podcast, featuring special guest Deborah Green, CEO of UCISA, the association which represents the whole of higher education, discusses the solutions some institutions are looking to adopt to solve these issues which will help them to enhance the student experience and make them a more attractive proposition. For more information on the research conducted, visit: https://bit.ly/3uOuURX