Blog

Read up on our technical blogs, covering technology & AI, data management and data quality, and insights from the market.

3 Steps To Create A Data-Driven Culture: How To Empower Everyone To Be A Data Citizen

As we all know the amount of data in all areas of life is growing rapidly. At the same time, complaints from business teams about the poor quality of data are on the rise. This escalation in negativity is no good for anybody! So where should business and data leaders start to confront this problem? […]

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How To Reduce Your Time Spent On Data Quality Down From Three Weeks To Three Hours

How many times have you come up against the block of “that’s just how long things take here”? As soon as a firm grows to a size where it needs enterprise IT architecture, changes – understandably – need to have greater scrutiny, and that takes time. Time, however, is a double-edged sword. If a change

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Three Unexpected Benefits Of Cleaning Your Data

“I just can’t rely on the data being good enough”… it’s so often the cry of the frustrated business user. Nobody is doubting the ambitions of business teams when it comes to doing more with their data, but being hampered by duplication, inconsistencies and gaps really takes the wind out of their sails. Is it

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Data Quality, Didn’t We Do That Already?

Many data management professionals have some form of tooling or platform to support their business initiatives but often find it hard to get buy-in for why they still need to invest time and resources in this area. In a recent post by data management blogger Henrik Liliendahl on the passing of Larry English, he refers

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AI Con 2020 Interview with Dr. Fiona Browne and Matt Flenley

AI CON

Dr. Fiona Browne, Head of AI, and Matt Flenley, Marketing and Partnerships Manager at Datactics are contributing to AI Con 2020 this year.    After a successful first year, AI Con is back! This year it’s said to be bigger and better than ever with a range of talks across AI, including AI/ML in Fintech; AI in the public sector; the impact of arts; the impact of

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How are Investment Banks responding to industry changes?

how are investment banks responding to industry change

Even with the recent positive news of vaccine trials, COVID-19 is impacting the financial services industry and causing investment banking firms to act.  Some banks are seeking to sell off failing operations and are changing their focus to business areas that are recording strong profits, such as asset management. Goldman Sachs has been investing in new technology to keep up with the changing demands of the industry; JPMorgan in contrast

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What is the outlook for Investment Banks?

investment

Investment banking is seeing its historical profit centres eroded by technology and regulations. Core processes are now being automated. Investment banks are becoming smaller and leaner in their approach. The current pandemic has brought the need to keep up with innovation but still capitalise on the opportunities COVID-19 has brought. We can safely say that

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Meet our Datablog authors and hear about our exciting plans for international events! – Weekly Round-up

Last week, we ran an Author focused blog content week. Each day focused on one author and their written pieces. The week kicked off with Fiona Browne as our author in focus. We had the opportunity to shed light on her various AI/ML themed pieces . One of our favourites is her piece on ‘Explainable AI’, delving into the reasons why AI needs

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Two new apprentices have joined our team and we are gearing up for FinTech Festival! – Datactics weekly round-up

FinTech Festival, New apprentices, events, fintech finance, belfast international homecoming, dms virtual, data restart, data quality, aml, fines, regulation, complexity, banking, technological, artificial intelligence, data will empower the next phase of our economy

Welcoming our two new apprentices We kicked off the week by announcing the exciting news that two new apprentices from the Belfast Met have joined our DevOps team. The firm has now grown by 25% since March 2020 and approaching 130% over the past two years, in response to rapidly growing customer demand.  The new recruits, Natalia Walsh and Victoria Wallace, will balance their four days

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Can Belfast’s technology companies lead an inclusive recovery?

Stuart Harvey, Belfast International Homecoming, Belfast, Inclusive Recovery, Diversity, Inclusion, Education

Stuart Harvey, CEO at Datactics recently contributed to the Belfast International Homecoming, which this year was held virtually. Stuart was joined by Camilla Long, Career Encode; Seamus Cushley, Bazaarvoice; and Kevin Cunningham of MRP Prelytix. The panel itself was chaired by Jayne Brady, Digital Innovation Commissioner and aimed to discuss the question: Can Belfast’s Technology Companies Lead an Inclusive Recovery?  

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Data will power the next phase of the economy: DMS USA lookback – Part 1

Economy

Last September, Kieran Seaward, our Head of Sales, delivered a keynote at the virtual DMS USA on a data powered economy. In his keynote he unpacked: We are still living with the many challenges presented by COVID-19, including a wide range of changes to the way business can be conducted. At Datactics we have been

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Datactics Runners & Riders Club clock up 25 hours racing in Red Bull Timelaps Challenge 2020

timelaps

Over the weekend Dave Brown, Marcus Lamb, Josh Piper and Matt Flenley took part in the Red Bull Timelaps challenge, with 25 hours’ racing taking place between 12 pm on Saturday through to 12 pm on Sunday. Overall, despite a few hours lost to punctured tyres (and riders!), the team managed a creditable finish of

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How can banks arm themselves against increasing regulatory and technological complexity? – FinTech Finance

Banks

Datactics Head of Artificial Intelligence, Dr. Fiona Browne, recently contributed to the episode of FinTech Finance: Virtual Arena. Steered by Douglas MacKenzie, the interview covered the extent of the Anti-Money Laundering (AML) fines currently faced by banks over the last number of years and start to unpack what we do at Datactics in relation to

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All things AML and FinTech Finance: Virtual Arena – weekly round-up

AML

We started by looking at why data matching is a key part of any AML & KYC process. It’s made more complex by the different standards, languages, and levels of quality in the different data sources on which firms typically rely on. It’s expensive too: a recent Refinitiv article states that some firms are spending up to

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EDM Talks: Lifting the lid on the problems that Datactics solves

problems

Recently we partnered with the EDM Council on a video that investigates the application of AI to data quality and matching. In this EDM Talk, we lift the lid on how our AI team is developing solutions to help our clients, especially in the area of entity matching and resolution. This plays an important role in on-boarding, KYC and obtaining a single

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From the launch at TechNation to another opportunity to join Datactics – Weekly Round-Up

round up

TechNation FinTech launch!  On Tuesday the TechNation FinTech 3.0 launch took place online. We were very much looking forward to this kick-off, as it would allow us to meet the other members of the cohort, and give us an opportunity to hear from some heavyweights in both the banking and payments sector.  One of the highlights of the launch was Christian Faes, Co-Founder/Exec Chair LendInvest speaking. When he was asked

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Introducing SSDQ: Centralise and standardise data quality processes without programming or coding

SSDQ

What does the self-service data quality (SSDQ) platform do?   It empowers data owners and SMEs to measure and maintain data quality themselves in line with governance policies.  SSDQ is already adding value at multiple investment and retail banks, wealth managers, and data vendors helping them to:  Achieve end-to-end holistic data quality management   Measure data against industry-standard dimensions and regulations   Empower data stewards /

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