Tackling data privacy to unlock the power of big data analytics

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The paper combines the findings of a detailed online survey carried out by Finextra with the insights of data privacy and protection experts gathered through one-to-one interviews and includes insights on:


  • The challenges firms are facing in their ability to leverage and exploit the data they hold, and solutions available to enable them to meet their data privacy obligations
  • The changing regulatory landscape, with GDPR on the horizon, adding a further layer of complexity around what banks can do with data, balanced against customers’ expectations around how their data is used
  • The progress banks are making with big data and in which areas, examining the challenges most often impeding progress, and identifying the biggest opportunities banks see to do more
  • The value and contribution of technology solutions to enable banks to embed privacy and data protection into their big data strategy

 

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