Justin Van Til

Dec 3, 2024 | techtrendspost.com | Justin Van Til

As data becomes the cornerstone of financial operations, the importance of governance and risk management has grown exponentially. Recent regulatory fines show that regulators expect companies to have strong data governance practices. One recent case revealed inadequate oversight of data integration from third-party sources, leading to inaccurate pricing on customer statements and regulatory reports, highlighting the critical role that sound data governance plays across the financial sector.

Dec 3, 2024 | finextra.com | Justin Van Til

As data becomes the cornerstone of financial operations, the importance of governance and risk management has increased exponentially. Recent regulatory fines have shown that regulators expect firms to have strong data governance practices. One recent case revealed how inadequate supervision over data integration from third-party sources led to inaccurate pricing on customer statements and regulatory reports, emphasizing the critical role of sound data governance across the financial sector.

Nov 1, 2023 | finextra.com | Steve Morgan |Nish Kotecha |Justin Van Til |Alex Kreger

Are you wondering about the steps to embark on the journey of building a fintech product? Do you find yourself pondering whether you should begin with a fintech architecture or explore alternative approaches? What key factors must you grasp to navigate this landscape effectively? In this discussion, we aim to address these pivotal questions. Let's commence with a closer look at the realm of analytics.

Oct 25, 2023 | finextra.com | Nish Kotecha |Justin Van Til |Alex Kreger |John Diamond

Modernising banking infrastructure can be a daunting and expensive process. Even though many banks want to digitally transform, only 30 percent of those report that they have successfully implemented their digital strategy. Mind the traps It is true that many digital transformation endeavours fail no matter what industry because these businesses face some common obstacles.

Oct 3, 2023 | finextra.com | Franklin Manchester |Reghunathan Sukumara Pillai |Anna Kuzmina |Justin Van Til

From a Core Banking solution (CBS) with modules for different business lines comprising of deposits, lending, payments, trade which was integrated in the late 1990s through 2000s, focus has shifted to hollowing the core/componentization. From Banks to IT vendors to analysts, the mantra has been same - breaking the CBS into smaller components or build smaller applications which are microservices enabled enabling smooth deployment and easy upgrade.