FINANCIAL

Increasingly, Financial Services Institutions (FSI) are experiencing an explosion of growth in data across multiple channels: customers, operations, social media, etc. At the same time, bespoke reporting and business intelligence, often commonly referred to as descriptive analytics, has evolved significantly to address new functionality including, marketing automation, predictive and cognitive capabilities, now commonly referred to as Machine Learning (ML) and Artificial Intelligence (AI). As a result, insight on performance, growth, and optimization has become more efficient, and cost effective – putting more accurate, more timely information in the hands of key decision-makers. Today, market conditions, competitive, and regulatory pressures require a different, practical approach to addressing management’s need to know more. In a data-first, cloud-driven world, savvy executives must use proven, innovative, technologically advanced techniques to stay ahead.

Additionally, the landscape of Financial Services continues to evolve and present challenges to the entire C-Suite. Financial institutions have evolved through numerous acquisitions, years of addressing short term goals and the Great Recession to find themselves in an increasingly complex world. These have created environments that inherently represent high cost, high risk and high maintenance. All of this in a world where transparency and process are required to meet the ever-changing demands of numerous regulators and Wall Street.

Intelligent Automation (RPA)

Increasing efficiency and effectiveness throughout the enterprise using Robotics Process Automation (RPA) to eliminate redundant, reoccurring, manual activities and errors.

Customer Centricity

Retain and attract customers, by better understanding buying patterns, product suitability, and matching sales, marketing, and promotions, to improve customer experience, and reduce attrition.

Data Management

Establishing the right data infrastructure to support critical decision-making. Today, to avoid the lackluster results of large and complex data warehouse initiatives, a more agile, simpler, cost-effective approach is required.

Risk and Compliance

Aggregate, govern, and deliver trusted data to comply with Dodd-Frank, CCAR, KYC, AML, PEP, BCBS 239, suitability and other regulations.

Mergers and Acquisitions Value Acceleration

Rationalize, migrate, consolidate, and integrate critical business data and systems pre and post M&A.

Business Transformation

Enabling business strategies by optimizing capabilities, processes and automation (RPA) to achieve the desired business outcomes.

Data Governance

Retain and attract customers, by better understanding buying patterns, product suitability, and matching sales, marketing, and promotions, to improve customer experience.

IT Transformation

Establishing the right Target Operating Model and reducing complexity, operational risk, information security risk and costs through IT Simplification and Application Rationalization.

Project Leadership

Drive operational excellence by using the right processes, tools and core delivery capabilities while becoming agile.

SUCCESS STORIES

Party Master for Major Financial Institution

Created enterprise-wide Party Master, consolidating 66% of records and improving data quality across sources.

EDC & Axon Implementation for Largest Auto Lender in the US

Enabled processes to automate and orchestrate data, reducing audit exposure and lowering project costs.

Technical Debt for Subsidiary of International Banking Group

Established a TLM maturity model, mitigating obsolescence, inventory issues, redundant and unsupported apps.

RPA COE for Healthcare Insurance Provider

Transformed legacy operation into a robotic factory with an integrated client-partner model, enabling streamlined service experience.

The Paradigm team has remained extremely involved – people that originally presented the Scope are here delivering.

They’ve provided transparency in a way no other vendor has before – it’s set a new standard of excellence for us and our other vendors. Paradigm continues to push us and help us grow!

Financial Services Client

Paradigm is the reason we have hit this critical MDM milestone. A new technology starting from a blank sheet of paper requires talented individuals willing to work tirelessly and pull together their shared knowledge.

The Paradigm team never failed to rise to the occassion and find solutions. Many, many thanks to all of the Paradigm team members!

VP, Top 5 US Bank

PARADIGM INSIGHTS

Paradigm Technology Announces Jerry Locke as Snowflake Delivery Lead

SCOTTSDALE, Ariz. (September 21, 2021) – Paradigm Technology announced today the hire of Jerry Locke to oversee the company’s Snowflake program architecture and delivery. Jerry joins Paradigm after 20+ years in the business intelligence industry. His experience lies...

Thinking Out of the Box with Data Monetization

By Audrey Tregaskes, Strategic Solutions Executive   Some might be familiar with the company Nielsen, who has been selling data since the 1950’s.  Back then, households would be given a meter to put on their televisions which would provide data on the programs...

Shifting to Product Management

By Phil Zeringue, Chief Innovation Officer and VP of PMO & Utility   Every project and dollar spent on every project should add value. Seems straightforward, doesn’t it? Unfortunately, a significant portion of the functionality delivered by IT is underused –...