Feeds

How not to steer a business

Lessons from the bankers

  • alert
  • submit to reddit

Build a business case: developing custom apps

Broadcast The mainstream media generally portrays the financial services industry as being in a total mess, with customers failing to be served and management often apparently serving themselves.

Against this background, a recent Reg Reader study looking at the way information is captured and used in the financial services sector provides some clues as to what may lie behind some of the issues we hear about. The results suggest that when it comes to business intelligence (BI), the focus is squarely on the financial bottom line, and making sure that companies are clean with respect to risk and compliance. Meanwhile, product development, customer segmentation and customer services – areas that might actually make a difference to the amount of value delivered to customers - are often neglected from a BI perspective. It’s understandable that many firms have needed to focus their BI efforts in order to ensure regulatory compliance. But the lack of balance when it comes to BI is likely to come back to bite.

All of which raises the question of what’s really required in today’s stressed economic environment when it comes to making relevant information available to the people that need it – including those on the front line of the business as well as senior management.

If you are in any way involved in information management, analytics, business intelligence and reporting in your organisation, join our panel of experts on January 25th at 11:00 GMT, to discuss the findings of this latest research and some of the lessons that can be learned about good and bad practice, the use and misuse of technology, and how to wade through a lot of politics and apathy that often stand in the way of making progress.

Those working in financial services can gain some insights into the activities of their peers and how they measure up. Those from other sectors can get some pointers from experiences gained in a tumultuous industry where information is more critical to doing business than ever before. Either way, putting financial services together with business performance and intelligence can’t help but lead to a lively and provocative debate, so feel free to join us simply for the entertainment value.

This latest Regcast features Martha Bennett from Freeform Dynamics who led the research, Jason Frost from Blueprint who specialises in helping customers with the more demanding end of BI related requirements, and Will Thompson who looks after BI technology at Microsoft.

You can register for this free event here and you can also gain access to our on-demand version here, if you are unable to make the live event.

7 Elements of Radically Simple OS Migration

More from The Register

next story
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
prev story

Whitepapers

7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?