Learning from Data
The Working Group Vision:
Data is seen as the oil of the 21st century. Even if available, it still must be refined to prove its value. To enable financial institution to use data to improve products and services offered to clients and increase their operational efficiency the SFTI data workgroup will:
a. Identify best practices to be used across the Swiss financial center
b. Explore how business models can evolve thanks to data analytics
c. Deepen the understanding we have in our organisations about the value data analytics can generate for our customers.
The working group started with publishing a first whitepaper about data governance and data strategy and will further deepen various fields of interest in leveraging the potential of data.