April 4, 2016

Insight and Innovation in Financial Services

Jon M Deutsch

Financial Services is Information Builders’ largest vertical market, generating approximately 40 percent of corporate revenue every year.

We serve nine of the ten largest banks in North America and the five largest banks in Canada. Collectively, Information Builders’ banking customers represent 85 percent of the world’s most important financial institutions, including 25 of the 28 Global Systemically Important Banks (GSIBs).

There’s a reason these prestigious financial services organizations turn to Information Builders for their analytics and data management needs: our banking solutions help them measure and manage exposure, respond to risk, and comply with regulatory requirements.

In the weeks ahead, I’ll be blogging about how Information Builders’ banking customers are breaking new ground in this increasingly agile industry. Using current examples from today’s leading banks, I’ll be sharing successes and examining best practices in three major areas:

  • In Banking, I will demonstrate how your colleagues use technology to grow revenue, enhance value, comply with new regulations, and simplify the customer experience
  • For Payments, I’ll look at how to build loyalty, replace lost interchange revenue, challenge fintech disintermediation, and detect fraud
  • Finally, I will turn to Investments, with a focus on managing global volatility, contending with declines in trade volume and fee deflation, encouraging broker talent, and complying with mounting financial regulations

Many financial institutions are struggling to find their way. Earnings are stagnant, managing the customer experience can be bewildering, and complying with financial regulations is a full-time job. I look forward to explaining how data management and analytical capabilities can contribute enormously to your success in these areas.

I’ve spent the majority of my career helping financial services companies conceive, design, build, and deliver operational and analytic systems. For the last five years, I have been privileged to lead Information Builders’ global financial services practice and act as an executive sponsor for our customers. I’m always excited by new technology – particularly when our customers use it to become more competitive and responsive.

Jon M. Deutsch is vice president and global head of Financial Services at Information Builders. Throughout his 25-year career of executive leadership he has helped financial services customers implement analytic systems and data management solutions to improve operations, product development, and sales and marketing.