While AI was once the sandbox for data science gurus and mathematicians with PhDs, new tools and technologies are bringing Enterprise AI closer to business users. At the same time, financial services regulatory bodies are becoming keenly aware of the risks posed by unchecked AI. Most consumer fairness laws, like the Equal Credit Opportunity Act… Continue reading Banks and Credit Unions: Understanding the Importance of Explainable AI
A proactive data strategy could mean the difference between survival and failure for data-intensive industries; as data volumes grow, organizations must balance data security with data accessibility. Establishing where you are – and where you want to be – on the Data Maturity Curve is a productive exercise at any stage of data estate modernization.… Continue reading The Data Maturity Curve
This blog is excerpted from a white paper based on a panel discussion with Jim Marous of the Financial Brand, which also Josh Nash, SVP and Director of IT, Camden National Bank; Greg Spencer, Director of Financial Services at Passerelle; James McGeehan, Head of Banking and Capital Markets at Snowflake; Jason Bishop, Senior AI Solutions… Continue reading Adopting a Use Case Mindset for Immediate ROI
This blog is excerpted from a white paper based on a panel discussion with Jim Marous of the Financial Brand, which also Josh Nash, SVP and Director of IT, Camden National Bank; Greg Spencer, Director of Financial Services at Passerelle; James McGeehan, Head of Banking and Capital Markets at Snowflake; Jason Bishop, Senior AI Solutions… Continue reading The Obstacles and Mandate to AI Adoption
AI technology has never had more buzz or been more accessible than right now. Which is exciting, or intimidating, or tantalizing, or terrifying… or maybe all the above. Where you stand on the prospect of AI in your organization will depend on many factors, including how far along you are on the Data Maturity Curve.… Continue reading Enterprise AI for the Enterprise Minded
Better data management can amplify the benefits of scale available in merger of equals transactions. Community banks and credit unions historically relied on close relationships with account holders to differentiate themselves from larger competitors. But innovative technologies have put traditional models under pressure, pushing the entire financial industry to deliver a wider range of services… Continue reading Using Merger of Equals Transactions to Accelerate Digital Transformation Efforts at Regional Banks and Credit Unions
Ready to get started on your AI/ML journey? A use case that aligns with your business goals is more likely to show ROI and encourage adoption across your organization. AI and ML use cases can be applied across your financial services institution, from creating operational efficiency to supporting a better customer experience. Below, you’ll find… Continue reading Top AI Use Cases for Banks and Credit Unions to Show Immediate ROI
Enterprise AI and ML continues to gain momentum in data intensive industries, bringing with it a suite of transformative capabilities for enterprises. From uncovering hidden insights through complex pattern recognition to leveraging historical data with predictive analytics, AI is reshaping modern data management. Data classification categorizes information based on its features, making it easier to… Continue reading Checklist for AI and ML Readiness
We are back in the real world this week after an productive week in San Francisco at Snowflake Summit, which means we get to take all the announcements and fanfare and get ready to apply them to the real-world opportunities and concerns of our data-minded clients. The Snowflake Keynote Stage was the epicenter of an… Continue reading Snowflake Summit Recap: The Year of Enterprise AI
It’s time to start thinking about your Data as a Product. The data being created in your organization is only growing, along with the different tools that both manage and create more data. It’s an alphabet soup of data sources – CRMs, ERPs, POSs, HRMSs, LMSs, R&D, FP&A – and inside each acronym lies a… Continue reading How to Support Data as a Product in Your Organization
In a panel discussion at the Seaport Hotel in Boston, banking industry experts from Snowflake, ALTR, Passerelle, and Hanscom Federal Credit Union addressed the urgency of modernization efforts for banks and credit unions. The Panel consists of: James McGeehan, Head of Banking and Capital Markets at Snowflake, Paul Franz, VP of Business Development at ALTR,… Continue reading Banking Industry Panel – The Challenges to Modernization and How to Get Started with Immediate ROI
Passerelle team members flexed their engineering and innovation muscles in a one-day Hackathon that created three Native Apps for the Snowflake Marketplace. Additional Hackathon projects included development of a Generative AI solution for structured and unstructured data in Snowflake, creation of an ALTR companion tool to streamline configuration by API, and integration of QlikSense in… Continue reading “Schema Drift Watch Native App” Wins Inaugural Passerelle Hackathon
Renasant Bank SVP of Enterprise Data Troy Carmichael shared the story of Renasant’s successful data estate modernization, alongside experts from Snowflake, Talend, Equifax and GrowthLoop. https://www.youtube.com/watch?v=qur4W0btSfE&t During the event, Troy shared his thoughts on the strategic vision of Renasant Bank’s data management, alongside a panel of industry leaders. Topics included: Why is it important to… Continue reading Troy Carmichael Shares Secret to Success in Data Estate Modernization
In the final installment of our series in Agile Data Governance Month, we will explore tools that can accelerate implementation of use cases and simplify core data governance tasks. While no technology should be viewed as cure-all when establishing your Data Governance posture, most organizations can benefit from tools that make it easier to implement… Continue reading Agile Data Governance Month – Creating an Agile Data Governance Toolkit
The biggest obstacle to establishing a Data Governance posture can be scale. Metaphors about boiling saltwater aside, most organizations on a Data Governance journey will find the most success by starting with smaller use cases and scaling out. We call this Agile Data Governance. Can Agile Data Governance work for you? Ask yourself these challenger… Continue reading Agile Data Governance Month – 5 Questions to Find Your First Use Case
When Data Governance initiatives fail or stall out, it is not because they aren’t viewed as important. Even with executive and stakeholder buy-in, Data Governance can be seen as too big a lift and might be deprioritized in favor of initiatives with more immediate ROI. In Part 1 of this four-part series, we learned about… Continue reading Agile Data Governance Month – Can Data Governance be Agile?
It’s Agile Data Governance Month! During the month of September, Passerelle will release a weekly serial discussing Agile Data Governance. By looking at Data Governance as an iterative process, you can work within a common project delivery mindsight, starting small and building Data Governance into the foundation of your data management practices. Can’t wait to read… Continue reading Agile Data Governance Month – A Data Governance Primer
Cloud data management unlocks the power of transformative technologies, including prescriptive AI solutions, advanced analytics and 3rd party data enrichment. But you can’t use new technologies or tools on data you can’t trust. Data Quality Watch™ is an automation solution that used Talend to profile the quality and usability of data within the Snowflake Data… Continue reading Demo: Data Quality Watch
Regional Banking Leaders from Camden National Bank, Renasant Bank and Berkshire Bank discussed opportunities and challenges in data estate modernization at an April 27 Regional Banking Roundtable, hosted by Passerelle. During the event, panelists exchanged ideas on the following questions: For insights to these questions, and more, watch the Regional Banking Roundtable. When you’re ready… Continue reading Regional Banking Leaders Share Insights into Data Estate Modernization
When community banks talk about creating a better banking experience for account holders, it’s not simply a business proposition. Regional banks strive to give better products and services to people and businesses in their communities – neighbors and business owners, families and retirees, business leaders and teachers, little league coaches and firefighters – the people… Continue reading Regional Banking Roundtable Supports Community Nonprofits
