Modern Data Management Matters - Building Financial Resilience Through Machine Learning

When these events occur, decision-makers within financial organisations need to analyse every scenario and act quickly – using data-extracted insights to guide the way. In this piece, InterSystems' Director of Product Management Jeff Fried explains how machine learning can play an integral role in building resilience within the financial sector, using real-time examples such as automated trading, fraud detection, and customer experience (CX) initiatives that utilise modern data management and analytics capabilities to make it through the most strenuous business challenges with almost no effect on the operations of the organisation itself. Before the pandemic, increasing business agility was of utmost importance for organisations across industries. But what was once a battle of speed and first-to-market has now expanded its focus to include business resilience. Recent events have underscored the need to weather the storm during volatile operational or security-related situations.