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
WAM active strategy delivers 75.5%
WAM Active (ASX: WAA), one of Wilson Asset Management's active listed investment companies, has recorded 75.5% in investment performance in the 12 months to 30 June 2026.
Entireti names former Perpetual chief as chair
Entireti has named a former chief executive of Perpetual as chair of its board.
Super funds fail customer service test: SCA
Superannuation funds are apathetic, dismissive and continue to fail members at the most basic service level, a new investigation from Super Consumers Australia (SCA) reveals, which slapped the industry with an overall failing grade on customer satisfaction.
KKR joins consortium to acquire ASX-listed Steadfast
Global investment firm KKR has joined a consortium, including Amwins Group and Dragoneer Investment Group, as a co-lead investment partner to acquire ASX-listed general insurance broker Steadfast.
Products
Featured Profile

Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.






