COVID-19 repercussions are coming and good companies will be laser focused on the clients; great companies will do this by embracing data platforms and analytics. Director of Financial Services, Chris Mills explains how to value your client through data excellence.
Coronavirus, as a black swan event, will have invalidated many of the algorithms businesses typically use to make operational forecasts and other strategic decisions. Such AI tools are trained on previous data using year-on-year patterns, making it difficult for these algorithms to predict the effects of an unknown.
With the merits of ESG investment performance being a hot topic, the conversation should be on responsible and sustainable investments. Yet the focus is on the data requirements and standards, which are critical to the successful delivery of this rapidly increasing branch of the investment world.
Plenty has been written about the £99.2m fine issued to the Marriott group by the Information Commissioner's Office (ICO) last year. As we all know by now, it was given to the hotel chain for its mishandling of a hack that led to the records of 383 million guests being compromised.