{"id":17191,"date":"2019-10-15T15:56:20","date_gmt":"2019-10-15T19:56:20","guid":{"rendered":"https:\/\/www.insurance-canada.ca\/?p=61953"},"modified":"2019-10-15T15:56:20","modified_gmt":"2019-10-15T19:56:20","slug":"current-state-assessment-global-analytics-ecosystem","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2019\/10\/15\/current-state-assessment-global-analytics-ecosystem\/","title":{"rendered":"Current State Assessment: Global Analytics Ecosystem"},"content":{"rendered":"<br \/>\n<h3>New Aite Group research takes a deeper dive into understanding the challenges analytics executives face as they try to orchestrate the analytics process across their organization<\/h3>\n<p>Boston, MA (Oct. 15, 2019) \u2013 Financial Institutions (FIs) hold a vast amount of consumer data, but many struggle to consolidate it into one centralized location, limiting their insight into how customers use the products and services offered across the organization. And even if FIs make all of their data accessible from one place, they will still be challenged with orchestrating the analytics process across the organization using their existing solutions. Aite Group\u2019s latest report, <em><strong>Current State Assessment: Global Analytics Ecosystem<\/strong><\/em>, explores how FIs can truly orchestrate the analytics process in order to get a single view of a consumer and to take actions that can help the consumer.<\/p>\n<p>\u201cMany FIs are assessing their analytics solutions to determine how to create an ecosystem that will allow them to quickly react to market changes and integrate new data and new analytics techniques, such as AI and ML, into their analytics process to create a competitive differentiator,\u201d explains Tiffani Montez, senior analyst at Aite Group.<\/p>\n<p>The report, sponsored by TransUnion, explores the use of consumer analytics in the financial services and insurance industries. It is based on the Global Analytics Survey, a quantitative online survey of 682 marketing and risk executives at financial services and insurance companies in the U.S., Canada, the U.K., Hong Kong, and India, which was conducted in Q2 2019.<\/p>\n<p><a href=\"https:\/\/www.aitegroup.com\/report\/current-state-assessment-global-analytics-ecosystem\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Click here<\/a> for the online report summary or to download the table of contents.<\/p>\n<div id=\"attachment_61954\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.insurance-canada.ca\/wp-content\/uploads\/2019\/10\/Aite-Group-Global-Analytics-Ecosystem-1910.jpg\"><img decoding=\"async\" loading=\"lazy\" aria-describedby=\"caption-attachment-61954\" class=\"size-full wp-image-61954\" src=\"https:\/\/www.insurance-canada.ca\/wp-content\/uploads\/2019\/10\/Aite-Group-Global-Analytics-Ecosystem-1910.jpg\" alt width=\"650\" height=\"260\"><\/a><\/p>\n<p id=\"caption-attachment-61954\" class=\"wp-caption-text\">The Three Pillars of the Analytics Ecosystem (Aite Group)<\/p>\n<\/div>\n<p>This 45-page <strong>Impact Report<\/strong> contains 35 figures and two tables. Clients of Aite Group\u2019s Retail Banking &amp; Payments, Life Insurance, or P&amp;C Insurance service can download this report, the corresponding charts, and the Executive Impact Deck.<\/p>\n<p><a href=\"https:\/\/www.aitegroup.com\/report\/current-state-assessment-global-analytics-ecosystem\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Click here<\/a> for the online summary or to download the table of contents.<\/p>\n<p class=\"smallhead\"><b>About Aite Group<\/b><\/p>\n<p>Aite Group is a global research and advisory firm delivering comprehensive, actionable advice on business, technology, and regulatory issues and their impact on the financial services industry. With expertise in banking, payments, insurance, wealth management, and the capital markets, we guide financial institutions, technology providers, and consulting firms worldwide. We partner with our clients, revealing their blind spots and delivering insights to make their businesses smarter and stronger. Visit us at <a href=\"https:\/\/www.aitegroup.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">www.aitegroup.com<\/a>.<\/p>\n<p class=\"referencetext\"><i>Source: Aite Group<\/i><i><\/i><\/p>\n<p> Tags: <a href=\"https:\/\/www.insurance-canada.ca\/tag\/aite-group\/\" rel=\"tag\">Aite Group<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/analytics\/\" rel=\"tag\">analytics<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/ecosystem\/\" rel=\"tag\">Ecosystem<\/a> <a href=\"https:\/\/www.insurance-canada.ca\/2019\/10\/15\/aite-group-current-state-assessment-global-analytics-ecosystem\/\">Read the original article at Insurance-Canada.ca <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Aite Group research takes a deeper dive into understanding the challenges analytics executives face as they try to orchestrate the analytics process across their organization Boston, MA (Oct. 15, 2019) \u2013 Financial Institutions&#46;&#46;&#46;<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/17191"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=17191"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/17191\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=17191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=17191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=17191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}