With the highest fintech adoption rates in the world, fintech in India has entered a new era. The promising Indian fintech market is expected to reach $1 trillion in throughput and $200 billion in revenue by 2030 according to a report by EY and Chirate Ventures.
Fintech is also one of the most data-intensive sectors. Its growth is being powered by two dimensions of data – the availability of affordable data plans and the large sets of customer data in the country. Every day, market data, transaction data, customer data, and reference data inform critical investing, trading and risk decisions. All within an ever-changing landscape of inflationary pressures, market volatility and regulatory demands.
Data strategies and emerging tools for efficiencies at scale
Fintech in rapid-scale mode may have started on their data journeys but often struggle to break through the hype and fit the disparate parts of the data puzzle together to deliver the digital success they hoped for.
For many fintech players, siloed records and technology architectures can be cumbersome. Along with competing data models, security, and governance challenges, this can limit the data’s full potential.
To help fintech players better understand the nuances of data and explore how growth mode scale-ups can improve their data posture and leverage modern and emerging tools for efficiencies at scale, YourStory is hosting a specially curated closed-door roundtable on December 9, 2022 in Bengaluru, together with Snowflake and Quantiphi.
A wealth of fintech and data thought leaders
The roundtable will bring together industry thought leaders to deliberate on the Data Cloud and how to extract untapped value from data. It hopes to table key areas of impact for fintech scale-ups including the data economy and what it means in the context of fintech players, evaluating data postures, creating a data culture, developer-friendly data strategies, fintech data playbooks, data and Bharat, emerging data innovations, monetizing data, and more.
The Data Cloud and extracting untapped value from data
Snowflake is a data innovator that’s leading the way in helping asset management, payment, banking, and insurance sectors fully mobilise data to enable data-driven decision-making and achieve successful business outcomes.
At the roundtable, Tom Devasia, the Regional Sales Director – South India at Snowflake will bring board insights on scaling multiple workloads across different lines of business, data access and collaboration, security and governance capabilities. He will also talk about leveraging the interconnected global ecosystem to unlock better value from data at scale and also enable business-critical workflows for fintech players.
A data-driven approach to better customer retention
Founded in 2013, Quantiphi is an award-winning AI-first digital engineering company. The company is passionate about customers and obsessed with problem-solving to make products smarter, customer experiences frictionless, processes autonomous and businesses safer.
Vishal Bhaskaran, the Delivery Head – FSI and Center Head – Bengaluru at Quantiphi together with Chaitra Kadam who leads Go-to-Market for Financial Services at Quantiphi, will share insights on how to leverage your complex data with data science to make the next giant leap in your data and analytics maturity. They will speak about unlocking key business insights, gaining a sustainable advantage for your organisation and achieving results that were previously labelled as ‘difficult’.