Skip to content
Search to learn about InterSystems products and solutions, career opportunities, and more.

Overcoming Data Challenges for Innovation in Financial Services

A Bloor InContext Report

Innovation starts with an idea and a vision. It takes root through people accepting the need for change, but it relies on the availability of good quality, accessible, and timely data to deliver both the insights that identify opportunities for innovation and the evidence that innovation is producing the desired improvements.

analyzing the financial report business

Traditional financial services firms have often faced challenges when looking to innovate as legacy IT systems have been a barrier to their transformation. However, the growth of fintechs, empowered by the cloud and digital native technologies, and the encroachment into provision of financial services by major technology companies like Amazon, Google and Apple have challenged traditional banks and insurance companies to become more agile and customer focused.

We think this analyst report will be of interest and relevance to senior business leaders, CIOs and CDOs (Chief Data Officers) in both traditional financial services organisations and newer fintechs who are looking to understand how to overcome the challenges of providing timely, relevant, and high-quality data to drive innovation. In it Bloor looks at the importance of data in helping traditional financial services companies to innovate and keep pace with changes in their industry. The report considers the challenges and barriers preventing senior business leaders from using their data to greatest effect.

Download the Report

Other Resources You Might Like

Oct 10, 2024
Get Your Data AI-Ready and Simplify Development and Deployment
Unleash the power of AI in healthcare with InterSystems solutions for seamless FHIR integration and development.
Oct 04, 2024
Product Fact Sheet
InterSystems Data Fabric Studio is an essential element of a modern data strategy required to enable growth, optimize business reporting, reduce risk, and support compliance for any firm in the financial services industry.
Sep 26, 2024
Discover how vector databases power AI, enhance search, and scale data processing. Learn their benefits and applications for your business with InterSystems.
Sep 18, 2024
Discover how database sharding enhances performance and scalability. Learn its benefits, methods, and best practices for implementing this powerful data distribution technique in your business.
Sep 17, 2024
Explore vector search: the game-changing technology powering AI and machine learning. Learn how it works and transforms data retrieval with InterSystems IRIS.
Sep 16, 2024
Demystify vector embeddings: Learn what they are, how they work, and why they're crucial for AI.
Sep 16, 2024
Explore how generative AI in healthcare is revolutionizing patient care, diagnosis, and drug discovery. Learn about its applications, benefits, and ethical considerations.
Sep 16, 2024
Discover what a relational database is, its key features, and why it's crucial for your business. Learn about its advantages, popular systems, and how it compares to other database
Sep 09, 2024
Spotlight by Bloor
Data fabric is a more flexible data architecture that can work without building yet more data silos and instead synamically access data in situ in operational source systems.
Sep 09, 2024
Bloor Market Update
A look at the current state of the data fabric market by Bloor Research

Take The Next Step

We’d love to talk. Fill in some details and we’ll be in touch.
*Required Fields
Highlighted fields are required
*Required Fields
Highlighted fields are required

By submitting your business contact information to InterSystems through this form, you acknowledge and agree that InterSystems may process this information, for the purpose of fulfilling your submission, through a system hosted in the United States, but maintained consistent with any applicable data protection laws.



** By selecting yes, you give consent to be contacted for news, updates and other marketing purposes related to existing and future InterSystems products and events. In addition, you consent to your business contact information being entered into our CRM solution that is hosted in the United States, but maintained consistent with applicable data protection laws.