Truth | Page 28

STAYING AHEAD IN A CHANGING WORLD 01 BIG DATA IS A BIG OPPORTUNITY FOR PERSONALISATION Customers no longer have to be part of a demographic or postal code, they are no longer just a borrower or a spender, and they are no longer their past selves. In fact, the volume, velocity and variety of big data allows financial service providers to build services that are customer specific, representative of more than their consumption of financial products and consider a customer’s most up-to-date needs and potential. These services will leverage predictive algorithms and agile implementation across cloud computing and storage and therefore be seamlessly integrated into mobile, online, and in-store services – culminating in a painless, instant value for the marketplace. 28 PR E S E N T A N D P O T E N TIA L F UTURE S IN F IN A N CIA L SE RVICES