Data is everywhere within financial institutions, streaming from devices, logins, transfers, transactions, and much more. And all that data can become a strategic asset, if managed with intent. That means that financial institutions need to modernize and deliver data in real time.
This is a comprehensive overview of the challenges we see across the financial services industry in becoming data driven. In it we will highlight some key outcomes our customers have achieved addressing these challenges, and how they have built a search and data platform for transforming with data.
Learn how FSIs, with Elastic, can:
- Meet and exceed fast-changing customer expectations,
- Grow customers from single product to multi-product
- Maintain and increase customer retention
- Rapidly comply with new and ongoing regulatory requirements
- Speed up risk assessments
- Deal with ongoing cybersecurity attacks and risk management
- Emphasize capital management against counterparty and borrower risk
Additional resources
- Former Paypal CIO shares key insights on the future of finance
- RBC reduces mainframe read time 80% while reducing cost $2.5M annually
- Soluciones Bolívar Increases site visitors by 128%
- KeyBank builds self healing applications with Elastic Observability
- PSCU Prevented $35M in fraud in less than 18 months
- Ellie Mae is redefining the mortgage industry with Elastic’s search platform
- Rabobank migrates 23 million transactions off it’s mainframe and find cost savings of €80M