Innovation starts with an idea and a vision. It takes root through people accepting the need for change, but it relies on the availability of good quality, accessible, and timely data to deliver both the insights that identify opportunities for innovation and the evidence that innovation is producing the desired improvements. Traditional financial services firms have often faced challenges when looking to innovate as legacy IT systems have been a barrier to their transformation. The growth of fintechs has also challenged these organisations to become more agile and customer focused.
This report looks at how to overcome the challenges of providing timely, relevant, and high-quality data to drive innovation through InterSystems financial services solution suite – Business 360, Customer 360, InterSystems TotalView™ for Asset Management, and Cloud Fintech Gateway – as well as the importance of data in helping traditional financial services companies to innovate and keep pace with changes in their industry.