News & Insights
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News & Insights
OneStream increases the use of AI tools for data analysis
CFOs and other financial professionals are fairly optimistic that we are approaching an economic recovery. Over 70% anticipate that we will return to normal by the end of the year, according to the latest Enterprise Financial Decision-Making report from OneStream, a leading provider of corporate performance management solutions. The report suggests that businesses have increased […]
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News & Insights
What to consider for greater success with financial analytics and reporting
Businesses today are becoming more and more reliant on data and fortunately, the availability of data is rising considerably. The amount of information generated by one business would have simply overwhelmed some of the largest companies from a decade or so ago. Yet, the majority of people in recent studies confirm they continue to find […]
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News & Insights
To be a finance leader, you need to think like one, says CFO of Slack
Allen Shim became the CFO of Slack after shifting his attention towards what priorities the position needed. Back in 2014, Slack had around 20 employees when Shim joined as a finance executive. He quickly became responsible for managing finance, analytics, accounting, as well as other functions within HR, IT and legal. In a previous interview, […]
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News & Insights
The challenges and opportunities facing the finance industry
The last year came with several uncertainties, exposing vulnerabilities in society and transforming how we do business. With the disruption to face-to-face services, the finance industry was forced to explore alternative, innovative ways to reach out and connect with customers. Shifting from face-to-face services to alternative plans isn’t easy. Apart from the potential risk of […]
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News & Insights
Agreement between Oracle and UK Government to drive efficiency and productivity for the public sector
Oracle has expanded its relationship with the UK Government by enhancing the Government Centre of Excellence and enabling better access to Oracle Cloud. Oracle has updated its links with the Government by updating the existing Memorandum of Understanding (MOU) between Crown Commercial Service (CCS) and Oracle, as well as focusing on building a stronger working […]
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News & Insights
How AI is transforming the finance industry
People are beginning to adapt to AI at a steadily rising rate. It’s clear that modern technology is evolving rapidly and has had some impact on nearly everyone’s lives. AI has become profoundly popular in multiple industries for a range of reasons. Improving efficiency, managing information, identifying trends in data are a few of the […]
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News & Insights
The Powerful position of the CFO in today’s finance industry
The role of a CFO has transformed in recent years, going well beyond its conventional function to more of a pivotal role in engaging, communicating and influencing overall value for a business. Finance professionals today need to be capable of telling their own story, representing themselves as vital decision-makers on specific issues ranging from ESG […]
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News & Insights
The finance industry must focus on real-time insight to enhance the overall customer journey
Forward-thinking financial businesses are applying data, analytics and AI to create new products and services and to enable the delivery of more intuitive and personalised service. Future success requires attracting skilled talent, enhancing existing processes and meeting the increasing demands of customers. The finance industry is continuously focused on digital transformation and utilising data, analytics […]
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News & Insights
Oracle announces more updates to its customer experience applications
A major part of the recent success at Oracle is related to its SaaS model and ability to evolve its technology and offerings to new customers in the cloud. Its recent updates to the advertising and customer experience applications represent another example of innovation and meeting the demands of its customers. Oracle advertising and CX […]
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News & Insights
Lack of data regarded as biggest challenge for UK financial industry in addressing climate risk
The necessity for clear plans on how to reach net-zero targets and creating a level of resilience are some of the biggest challenges for financial businesses addressing climate risk. According to a survey by Willis Towers Watson of leading financial businesses, the availability of data represents one of the biggest challenges businesses expect to experience […]
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News & Insights
Security – a vital aspect for the future of the finance industry
The importance of cybersecurity doesn’t just apply to the IT industry. It is a vital part of every business, particularly within the finance sector. Banks and other financial organisations hold and manage millions of transactions daily, with the majority of these payments being done by digital platforms. This rise in digital payment options has come […]
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News & Insights
New study suggests Financial leaders regard AI as key to future success
A new study from NTT suggests that over 80% of financial institutions believe AI is a vital part of differentiating their business, future success and generating new business. The study, however, indicates that only 16% of financial businesses use AI and data. Senior financial leaders overwhelmingly agreed that the adoption of AI was a very […]