FEATURE: Big data and financial servicesBY LAURA MILLAN | FRIDAY, 10 OCT 2014 11:15AMTechnology has changed the way friends interact with each other, the way people think and express themselves and, above everything, it has changed the way people buy. Consumers want to be able to buy anything, at any time, through any device. Companies in all sectors are going to great lengths to meet this demand. The use of data, data analytics and big data has given businesses the deepest understanding of their customer base they have ever had. In many areas, Australia's financial services industry is at the forefront of this trend. In many others, there is still much work to do, Laura Millan writes. Related News |
Editor's Choice
Australian dividend distributions rebound in Q3
|Australia saw a significant rebound in dividend distributions in the quarter to September 30, with the recovery attributable to BHP and the broader mining sector.
Aequitas hires from Vanguard again
|Aequitas Investment Partners has named a head of asset consulting, joining from Vanguard Australia.
RBA delivers another hike in split decision
|The Reserve Bank of Australia delivered its fifth interest rate hike this year, but the monetary board was split in its decision.
Sequoia profits tank as advisers flee
|Sequoia's Q1 revenue dropped close to 60% while also recording a profit loss. Despite this former chief executive Garry Crole took home more than $400k.
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Jacqueline Fernley
CHIEF EXECUTIVE OFFICER
ARC POINT OCIO PTY LTD
ARC POINT OCIO PTY LTD
Jacqueline Fernley is a self-confessed nerd, a market animal and as of this year, her own boss. Riddhima Talwani writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
