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Temenos Data Lake can harness real-time, structured and unstructured data as well as curate, ingest and blend large volumes of data at scale. With Temenos Data Lake, banks can now implement a single, governed, data hub for their downstream systems be it analytics, AI, AML, Temenos Analytics, Temenos Reporting.

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Extracting Explainable Value from Artificial Intelligence

The latest Economist Intelligence Unit (EIU) report: ‘Overseeing AI: Governing artificial intelligence in banking’ sponsored by Temenos, takes a deep dive into the complex world of Artificial Intelligence (AI). Like many new technologies before it, AI is still at the stage where it has to prove itself to be useful to bank customers. There is still healthy scepticism in the minds of customers around the use of AI by banks, and it will take time for that to be broken down.

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Temenos Launches Real-Time SaaS Data Platform for Core Banking

Temenos Transact Data Hub offers unmatched capability to power faster and more contextual experiences for customers and rapid innovation with AI-driven digital banking applications

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Will Banks Have to Regulate the Speed at Which AI Spreads Through Their Systems?

The report says that the guidance that regulators have offered so far can be described as “light touch”, taking the form of information and recommendations rather than rules or standards. This is a potential minefield for banks which think AI is a type of wonder-solution. The report postulates that this 'light-touch' approach is to avoid drying up innovation. Another reason how AI will evolve. AI is still in its early years and not many vendors really understand its potential or likely direction. As the report points out, there is no single expert who can answer every query about how AI works.

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Leveraging technology to reshape Australia’s financial advisory sector in the wake of the Royal Commission

In Australia’s shift to a fairer, customer-friendly ecosystem, the government and finance professionals must endeavor rebuild trust and maintain integrity while making technology the backbone of the industry.

Seizing the Wealth Market in Philippines

The Philippines has a very forward looking government, keen to see an increase in the net wealth of a large, young and tech savvy population. A growing middle class with increasing levels of disposable income and a financial industry battling regulatory complexity, thin margins and with limited funds to allocate to new initiatives. This scenario must surely be piquing interest levels amongst the regions many fin-tech providers therefore the domestic banks will need to act fast and decisively if they wish to fend off competition and place themselves at the forefront of this emerging opportunity.

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New Economist Intelligence Unit Report: Governing Artificial Intelligence in Banking

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