Banks and financial institutions are looking towards the future—and becoming digital businesses. They’re adding new, always-on digital services, using artificial intelligence (AI) to uncover unexpected insights, and automating their back offices. They’re also forging new partnerships with fintech providers.
Most financial services firms believe that transitioning to the cloud is essential to a successful digital transformation. A survey of banks conducted by Accenture found that just 3 percent of respondents didn’t have a cloud strategy and had not started to think about it.1
But the cloud alone isn’t enough. You also need to deal with your data. At many financial services firms, it’s scattered across multiple silos and may only be accessible through static, batched reports. Without unifying this data and making it available to applications in real time, it’s almost impossible to power AI and deliver an advanced, digital customer experience.
Our eBook titled Build a Foundation for Tomorrow’s Financial Services explains how event streaming, an emerging technology for analyzing event data in real time, can make all the difference. You will learn how combining event streaming from Apache Kafka® and Confluent with Google Cloud can help you:
- Bring all your data together in real-time—without costly systems integration
- Deliver innovative digital services like “robo-advisors” and instant loan applications
- Rapidly adopt AI in your front and back office
- Improve compliance, fraud detection, and efficiency
Ready to build the next evolution of financial services? Read the eBook today.