Impact Makers partners with banks, credit unions, insurers and capital markets firms so they can realize digital innovation, harness data, and navigate the volatile post-COVID environment.
WHAT ARE THE BARRIERS TO SUCCESS?
The challenges facing FS firms today are numerous.
FS customers expect increased value from institutions’ products, digital platforms and service capabilities. Regulations – and bad actors – demand compliance and security diligence. New innovations disrupt traditional FS models. Technology solutions abound, yet choosing the right fit and integration approach is difficult.
WHAT DOES SUCCESS LOOK LIKE?
- Innovate fast with the right mix of new tech and legacy financial systems
- Navigate dynamic regulatory and IT security requirements
- Understand and exceed evolving customer expectations
- Secure systems from increasing cyber threats
- Harness data across the enterprise for business and customer value
- Capitalize on FinTech breakthroughs
HOW WE CAN HELP
- Enterprise Data Strategy
- Data Warehouse & big data – architect & build
- Risk Management
- IT & Cyber Security & Compliance
- IT Transformation (system modernization, process)
- DevOps Consulting
- IT Portfolio Optimization and Management
- Talent Management
- Organizational Design
- Cloud Infrastructure
- Cloud Solutions Consulting
- Agile Transformation
- Test Data Management
- Holistic Customer Experience Design (sales and service lifecycle)
- Digital Solutions
Financial Services : Our Thinking
Establishing Bank Data Governance for Scale and Regulatory Compliance
Advisory, Financial Services, Data GovernanceWe helped a growing regional bank implement data governance policies to increase data maturity and comply with strict industry regulations....
Data Mesh: Delivering Analytical Data Products at the Speed of Business
Engineering, Financial Services, Business Strategy Alignment, Data Governance, Data Strategy, SnowflakeBusinesses looking to scale at a fast pace require accelerated data solutions to reduce bottlenecks and lead time, while boosting productivity and workplace efficiency....
Data Strategy for Financial Services
Financial Services, Data Strategy, Data WarehousingWe worked with a $10B financial services company, a century old federal savings bank with over 150 regional branches across three states to build a data strategy, business case, organization, and budget to drive investment in...
AWS Cloud Migration for Insurance Company
Financial Services, AWS, Financial ServicesKinsale Insurance Company is an excess and surplus lines insurance company specializing in hard-to-place property, casualty, and specialty risks. They have experienced significant growth since inception and their proprietary technology...
Facial Recognition: Does the “Public Domain” Equal “Fair Game”?
Advisory, Business Strategy Alignment, Financial Services, Security & RiskI would like to preface this article with a disclaimer: I am not now, nor have I ever been, nor am I likely to ever be a lawyer. I haven’t even played one on TV so, take what I say with a grain of salt with regards to the legal...
Financial Services Transformation
Financial Services, Architecture, Cloud ComputingWhen a large, influential financial services company was implementing Platform as a Service (PaaS), they realized that their operating model needed a significant amount of automation to improve operations in both the existing and new...
Data Maturity & Strategy
Financial ServicesOur client, a $10B financial services company, sought assistance to develop a plan to mature its data capabilities as it grew other areas of the business.We helped build a data strategy, business case, organization, and budget to drive...
CCPA Versus the Data-powered Internet: The now-active law is a burdensome yet necessary step in data privacy
Advisory, Financial Services, Business Strategy Alignment, Process ReengineeringWednesday marked the beginning of a new decade, and perhaps the beginning of a new era in digital, as the California Consumer Privacy Act (CCPA) went into effect as law. While the CCPA’s statutes are overly burdensome for today’s...
Choosing the Best Business Fit for RPA
Analytics, Financial Services, Healthcare, Healthcare, Process ReengineeringRobotic Process Automation – using bots instead of associates to perform processing tasks – can be an effective way to increase speed and accuracy while redeploying associates on higher-value processes and projects. RPA implementations...
GDPR is Here! What is it and How Does it Affect Your Compliance Management Program?
Advisory, Healthcare, Data Privacy, Financial Services, Security & RiskIf you’ve been a privacy professional at any point in the last few decades, your head is spinning with the myriad of privacy laws and regulations in the U.S. and abroad. Some examples are the European Data Protection Directive of 1995,...
My Cloud Journey as an Early Adopter
Engineering, Financial Services, Architecture, Cloud Computing, Security & RiskEver heard the saying, “The Cloud is just someone else’s computer”? This is one of the many arguments I encountered as I became an early adopter in 2010. While it is technically true, it misses the point: the inherent flexibility and...
How I Found Inspiration in Financial Services Deregulation
Advisory, Financial Services, Data StrategyValues are proven when demonstrated without a mandate to do so. You won’t find a financial services institution that does not have a theme of customer, fairness or integrity woven into its core values. The current industry...
Transformation Without OCM is Wishful Thinking
Advisory, Financial Services, Business Strategy Alignment, Process ReengineeringWhat is your reaction when you hear about a hack? Maybe “hacker” elicits thoughts of a sinister group of computer experts in a fortified basement committing acts of espionage and cyberwarfare. Hacking is frequently associated with...
Birdies, Bogies, and Faster Payments
Advisory, Financial Services, Business Strategy Alignment, Financial ServicesI was sitting around a table last Sunday having lunch, settling my golf bets with some friends from the day's round. While we don’t play for much, the betting is secondary to the true prize of bragging rights. Nevertheless, as is...