Now is the time to conquer the last mile to full data automation

Innovative new technologies and a desire to update the operating model are paving the way for financial services firms to automate data management across their organisation. This is something that historically has been impossible due to the proliferation of unstructured financial data that legacy te...

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Veröffentlicht in:Journal of securities operations & custody 2022-01, Vol.14 (4), p.329-341
1. Verfasser: Nentwich, Christian
Format: Artikel
Sprache:eng
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Zusammenfassung:Innovative new technologies and a desire to update the operating model are paving the way for financial services firms to automate data management across their organisation. This is something that historically has been impossible due to the proliferation of unstructured financial data that legacy technology is unable to handle. The resulting mass adoption of spreadsheets as a workaround created a ‘last mile’ of data processes that firms have been unable to automate. This paper explores the current technology landscape in financial services, the problems this has created for data management and the benefits for firms of using new tools to conquer the ‘last mile’ of automation.
ISSN:1753-1802
1753-1810
1753-1810
DOI:10.69554/DKHB7905