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04.01.2023 By Michael Greiwe

Returns and their pitfalls

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The word ‘return’ is often used as a synonym for both expected and historical returns, but the two are fundamentally different. This blog post will explain the definition of the two terms and how they are to be understood.

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Legally binding regulations and reporting obligations mean that financial service providers should contribute to developing the economy in an ecological and sustainable way, as well as usher in the new era of sustainable finance. The EU taxonomy, as a common classification system, is designed to help incentivise investors to make sustainable investments and support the shift towards a sustainable economy. In this blog post, I will briefly describe what this actually means and what needs to be taken into account.

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Industries

07.07.2022 By Tim Strohschneider

Cognitive search – finding instead of searching

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A new generation of search engine software is forming that additionally integrates AI technologies, such as machine learning: cognitive computing. In my blog post, I’ll explain how cognitive search works and why it’s a valuable tool for companies.

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Industries

23.06.2022 By Maximilian Berger and Tim Strohschneider

Enterprise search – finding instead of searching

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Enterprise search solutions serve as a fundamental building block of the digital workplace and are therefore a daily companion for everyday work – a kind of ‘Google in the company’. In this blog post, I’ll explain what enterprise search is all about and what benefits it entails.

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Industries

Our observations show that with mobile working models, flexible working hours and digital alternatives, stability and productivity are entirely possible – in the financial world as well. The buzzword in this context is ‘new work’. In this blog post, I’d like to present in greater detail what the term actually means, how it affects banks and what the use cases that can be experienced in banking look like.

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Industries

Crypto currencies and digital payment methods have been fuelling the emergence of new trends and developments in the financial sector for several years; and they’ve gained significant impetus. Regulatory bodies are also reacting to the phenomenon by bringing order to the system. In this blog post, I’ll explain what consequences these developments have for the banking market and what the future of crypto currencies and digital assets might look like.

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Industries

22.02.2022 By Tim Strohschneider

Identifying customers’ needs before they have them

Picture Tim Strohschneider

If we know what our customers will want tomorrow, we can make them the perfect offer today. Unfortunately, this is rarely successful, and products are usually just ‘dumped’ on thousands of people at a time. In my blog post, I will explain how the next-best-action approach can help banks anticipate the needs of customers and the next steps that would be best for them.

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Industries

Digital ecosystems and platforms are ushering in a new era in the development of innovative business models. In the banking market, too, the principle of platform-driven business models is gaining ground, as is exemplified by emerging concepts such as open banking and beyond banking. My blog post explains the reasons driving this shift and points out the obstacles that stand in the way of transformation.

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Industries

Whether it arrives on paper or as a PDF, vast amounts of information reach our banks via the documents they receive (digital or analogue). In order to make this information usable for further processing in digital processes, the relevant information must be read out correctly and passed on to the right place in the process. This blog post is about how we can reliably perform this process and others for our customers using text extraction.

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