FIs choose Cloudera for digital transformation
Cloudera, the enterprise data cloud company, has been selected to power several financial institution’s digital transformation.
Enterprise data cloud solutions from Cloudera are being used on a global scale to increase customer retention and profitability, improve regulatory compliance, reduce fraud, identify AML [Anti-money laundering] and incorporate predictive analytics.
Cloudera counts 82 of the top 100 global banks as customers, demonstrating that having a data strategy drives significant business value for the financial services industry.
“Financial firms of all types and sizes globally rely on data to make strategic decisions, drive their businesses, and maintain a competitive edge,” says Steven Totman, managing director, Financial Services at Cloudera. “Only a fully secure and governed enterprise data cloud can deliver the most value from all the key industry workloads in one place. We are proud to be a trusted partner of the financial services industry, helping them to protect their customers and grow their businesses.”
Marc DeCastro, research director, IDC Financial Insights, adds: “The digital lifestyle of the customer has forever changed how financial institutions understand, build, interact, and deliver services while providing a true omni-experience. Innovation has reached the point of disruption for financial service firms of all sizes and geographic locations.”
Across Europe, Cloudera works with many of the top financial institutions to further transform their complex data into clear and actionable insights.
Some of Cloudera’s customers include The Bank of England, Santander Group, Experian, RBS, Barclays, Zurich, as well as others in the international financial services industry.