Drowning in Data, Thirsty for Insights – The state of analytics at Financial Institutions
Lenders know the value of big data but are frustrated by how challenging it is to quickly find valuable insights. In fact, 83% of leaders think big data and analytics are important to their strategies, yet 74% struggle to have rich analytics capabilities. Insufficient data expertise and processes internally often compound the problem. TransUnion, in partnership with Aite Group, conducted a global study of 682 executives in financial services and insurance companies to scope this issue and identify ways lenders can use analytics as a competitive edge.
Register today and join Aite Group senior analyst Tiffani Montez, TransUnion vice president Michael Umlauf, and TransUnion director of product marketing Michelle Heinz to hear study findings, including:
• Why lenders are spending more to acquire high-quality data
• How regulatory and operational challenges are shaping investments
• The importance of a strategic approach to analytics and extracting insights, and ways to address analytics challenges