The DATA Hype vs. Reality: Defining Your “Role-Specific” Use Cases

Data as the New Currency Shaping Future-Ready Financial Services

The Financial Services Industry (FSI) in Thailand is undergoing a profound transformation, driven by the rapid integration of cutting-edge technologies and an unwavering commitment to digital innovation. This convergence of advanced solutions is reshaping the industry, enhancing operational efficiency, fortifying resilience, and paving the way for more seamless financial services.

At the core of this transformation lies data—no longer just a byproduct, but the lifeblood of modern financial institutions. With vast amounts of data flowing across multiple platforms, ensuring its integrity, availability, and security is paramount.

Over the years, data architecture has evolved significantly. From traditional data warehousing to Data Lakes, hybrid cloud-based storage, and now AI-driven Big Data, financial institutions have continuously adapted to leverage increasingly complex datasets. With the advent of Gen AI, it has become increasingly imperative that the ability to manage data at scale and in real-time is an important capability for organisations.

These datasets—both structured and unstructured—are critical across the entire organisation, from enhancing customer interactions at the front end to optimising middle-office workflows and strengthening back-office governance, risk, and compliance.

Today, data is no longer just confined to the realm of technology but is now considered a business imperative. It is increasingly leveraged by e-commerce, Fintech’ and financial services firms to transform all their processes.

Superimpose on this data the need for Online Transaction Processing (OLTP) —which manages real-time transaction-oriented applications—and Online Analytical Processing (OLAP), the software tools that analyse data stored in databases and provide answers to complex queries.

This raises a critical question for professionals in IT, customer onboarding, analytics, application development, payments, fraud management, financial controls, and anti-money laundering (AML): How are you identifying, managing, storing, and analysing the ever-growing volumes of data? More importantly, do you have the right database management tools at your disposal to extract meaningful insights and maintain a competitive edge?

Resilient Architecture for Unparalleled Availability and Reliability

Resilient architecture maintains continuous availability, even during peak loads or critical times. By minimising downtime and ensuring seamless data access, it guarantees that financial applications run smoothly, safeguarding service integrity and meeting the high expectations of the industry. This robust infrastructure enables institutions to provide uninterrupted, reliable service, essential for success in today's fast-paced, high-stakes financial world.

Real-Time Insights for Instant Decision-Making

Real-time data capabilities enable financial applications to access and act on critical data instantly. By supporting immediate insights, it empowers institutions to make quick, informed decisions, driving efficiency and responsiveness in high-pressure environments.

Unlimited Scalability for Seamless Financial Operations

Seamlessly scaling compute and storage as user and transaction volumes grow allows financial institutions to handle expanding data from multiple sources without sacrificing performance, ensuring continuous, reliable operations.

The session will allow delegates to:

• MAXIMISE the potential of data to achieve a competitive advantage
• SAFEGUARD the availability and reliability of data
• SCALE infrastructure seamlessly to handle surging data volumes
• LEVERAGE real-time insights for enhanced decision-making
• DRIVE unmatched efficiency and responsiveness to evolving demands
• TACKLE data management challenges with a strategic and innovative approach

Who should attend:

• Chief Information Officers 
• Chief Technology Officers 
• Chief Data Officers 
• Chief Digital Officers 
• Chief Innovation Officers 
• Chief Transformation Officers 
• Chief Governance Officers 
• Chief Operating Officers 
• Chief Analytics Officers 
• Directors of IT Infrastructure 
• Directors of Technology Capabilities and Innovation 
• Directors of Technology, Strategy, and Policy  
• Directors of Analytics and Information Management 
• Directors of Applications 
• Heads of IT Operations 
• Heads of Information Technology