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
Greens, Labor agree on LRBA ban on SMSFs
The Australian government is backing the Greens' policy to put a stop on SMSFs from purchasing residential properties with any capital assistance, arguing the sector is currently gating nearly two million properties from first homebuyers.
Pendal shutters Global Select Fund
Only five years after it debuted, Pendal has terminated its Global Select Fund, an actively managed international equity strategy.
First Sentier adds to C-suite, hires from Rabobank
First Sentier Group has appointed a former Rabobank executive as chief people officer.
IFM builds Atlas Arteria stake to majority
IFM Investors has been slowly creeping control over Atlas Arteria through on-market stock purchases, finally crossing the 50% ownership mark.
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
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
