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To unlock automation in financial services first focus on data extraction

By Chris Mullan
The senior vice-president product at Eigen Technologies, a platform that provides automated data extraction and processing solutions, suggests an upfront focus on fundamental weaknesses in existing data will lead to better outcomes when seeking to improve organisational efficiency and effectiveness via new data solutions.

The 14 years I spent working in the financial services and insurance sectors showcased the unbelievable amount of mis-spend organisations allocate to their digital transformation efforts. During that time, I watched enterprises pour millions of dollars into shiny, new “solutions” that often failed to deliver the anticipated and required results, ...

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