Have you noticed your expenses rising lately? Eating out costs are up over 4% year over year, housing expenses have increased by 5-6%, and opening your auto insurance bill reveals a shocking 22% hike. These figures highlight the inflationary pressures impacting various sectors but are particularly severe in the property and casualty (P&C) insurance industry. […]
Posts Tagged ‘Business Intelligence’
Crafting AEP Schemas: A Practical Guide
Welcome to the world of Adobe Experience Platform (AEP), where digital transformation becomes a reality. If you’ve landed here, you’re already on your way to making significant strides in your organization or your career. In a digital era where data reigns supreme, and the Customer Data Platform (CDP) landscape is ever-evolving, businesses strive to maximize […]
Unleash the Power of Your CloudFront Logs: Analytics with AWS Athena
CloudFront, Amazon’s Content Delivery Network (CDN), accelerates website performance by delivering content from geographically distributed edge locations. But how do you understand how users interact with your content and optimize CloudFront’s performance? The answer lies in CloudFront access logs, and a powerful tool called AWS Athena can help you unlock valuable insights from them. In […]
Microsoft Fabric: NASDAQ stock data ingestion into Lakehouse via Notebook
Background Microsoft Fabric is emerging as one-stop solution to aspects revolving around the data. Before the introduction of Fabric, Power BI faced few limitations related to data ingestion, since Power Query offers limited ETL & data transformation functionality. Power Query M Language scripting lacks ease of development, compared to popular languages like Java / C# […]
5 Tactics to Safeguard Institutions Against Senior-Level Embezzlement
Protecting financial institutions from the perils of high-level embezzlement requires a proactive approach rooted in ethical conduct and stringent compliance measures. To fortify defenses against such threats, financial entities must implement proactive measures aimed at ensuring ethical conduct and compliance within their organizations. This blog outlines five key strategies to safeguard your business and mitigate […]
Transforming Treasury Market Regulations
On December 13, 2023, the Securities and Exchange Commission (SEC) made a landmark decision by voting to adopt significant rule changes mandating central clearing of certain secondary market transactions within the U.S. Treasury market. These transactions include repurchases (repos), reverse repurchases (reverse repos) and U.S. Treasury securities. The rule change, one of the most substantial […]
Top 6 Trends for the Banking Industry in 2024
This blog was co-authored by Perficient banking expert: Scott Albahary A slowing global economy, coupled with a divergent economic landscape, poses challenges for the banking industry in 2024. Driven by technological advancements, regulatory changes, and shifting consumer preferences, the banking industry must evolve and respond accordingly. As institutions adapt, Perficient’s financial services expert, Scott Albahary, […]
Perficient Interviewed for Forrester: The Future Of Insurance
With new risks, shifting market dynamics, and the unstoppable march of technology, the insurance industry finds itself at a crossroads. The imperative for transformation has never been clearer, and this is highlighted in Forrester’s report, The Future Of Insurance. Embracing Change The report states, “The business of insurance is in a heightened state of transformation…,” […]
Future-Proofing Financial Services: Rule 3110 Updates Empower Brokers
This post has been updated to reflect FINRA Regulatory Notice 24-02, issued January 23, 2024. The COVID-19 pandemic prompted several unprecedented shifts in society, notably impacting the workplace and necessitating the adoption of innovative technologies that facilitate collaboration and efficiency in a work-from-home (WFH) environment. For brokers, in the financial services sector, remote work became […]
Understanding U.S. Regulator’s Proposed Extended Comment Period
Earlier this year, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Fed), and the Federal Deposit Insurance Corporation (FDIC) unveiled a proposed rule that would reshape the landscape for certain financial institutions. In this article, we delve into the latest developments around the extended comment […]
Headless BI?
Imagine you’re running a business and using analytics to make decisions. You have reports, dashboards, data visualizations – all sorts of content that helps you understand what’s happening in your business. This content goes through a life cycle: it’s created, used, updated, and eventually retired. Managing this cycle effectively is crucial to ensure the information […]
How Process Mining Accelerates Efficiency for Highly Regulated, Customer-Obsessed Industries
This blog was co-authored by Carl Aridas and Joel Thimsen. In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. This has challenged many organizations to better optimize and intelligently automate business processes and experiences. According to The Forrester Wave™: Process […]