2025 is coming in hot, promising to deliver a host of focused, outcome-oriented AI use cases and expanded possibilities for the modern data stack. The major themes and trends that emerged this year, however, have already laid the foundation for these advancements, and offer us a glimpse of what the future may hold.
In that vein, let’s take a moment to reflect on a handful of the top performing financial services topics from this year to learn more about the challenges that financial services and insurance organizations have faced and the innovative solutions that industry leaders have leveraged to edge out the competition.
1. Future-Proofing Your Financial Services Business with AI-Driven Data Strategy
One of the key promises of the modern data stack is scalability, and with the power of AI, it’s possible to build data infrastructure that is ready to grow with your organization. As this blog explains, AI is an invaluable tool for handling the sort of repetitive, high-volume data entry and processing work that finserv organizations depend on in their day-to-day operations.
Replacing legacy technologies that require precious time and expertise to manage with AI-powered data pipelines ensures that your organization will never be in over its head with data management, even as volume grows and processes evolve.
2. Unlocking the Full Power of Snowflake for SAP Data with Snowflake
With SAP being such a crucial tool for so many insurance organizations, the question of how to best integrate SAP data into the modern data stack is a pressing one for companies looking to stay ahead of the innovation curve. This piece explains why so many industry leaders are pairing their SAP data with centralized data cloud platforms like Snowflake.
The efficiency, power, and synergy that are made possible with this combination of data tools is simply superior to data stacks that depend on an array of legacy technologies that leave your data inaccessible and underutilized.
3. 5 Ways to Automate Insurance Claims Processing with AI Technology
There may be less obvious opportunities for AI-driven innovation that your insurance organization has yet to consider. This blog details five key areas where AI can transform the insurance claims process.
AI-driven photo processing, sophisticated document analysis, fraud detection, predictive analytics, and customer-facing AI assistance tools are all exciting areas for innovation for insurance organizations looking to embrace the power of AI.
4. Harness the Power of Sigma Embedded Analytics with MAMBA
As financial services leaders face mounting pressure to make faster, more accurate decisions, the ability to leverage real-time data insights has become a critical differentiator.
By combining Sigma’s intuitive, real-time analytics with MAMBA’s powerful data management capabilities, Hakkoda is empowering financial organizations to enhance operational efficiency, drive smarter decisions, and gain a competitive edge in the ever-evolving market.
This piece provides a deep dive into how Hakkoda’s integration of Sigma embedded analytics is helping firms transform their decision-making processes. It also includes an interactive demonstration that allows readers to experience MAMBA’s embedded analytics functionality for themselves.
5. How a Large Regional Bank Built a Snowflake Data Vault and Implemented Master Data Management
Take a look at one of our customer success stories: a large regional bank that was struggling to unify their data approach, contending with significant data sprawl and inconsistent application of data tools and processes across the organization.
Hakkoda worked with the customer to consolidate their data stores and develop a cutting-edge framework for master data management that completely transformed the organization’s data governance. The resulting framework is powerful, scalable, and built to facilitate sophisticated data functions, such as a fully-realized Customer 360 view and AI functions.
Hakkoda Has the Playbook for Building a Modern FSI Data Stack
If you’re interested in uncovering more insights into the FSI data landscape, explore the 2024 State of Data FSI Report to learn more about the trends, challenges, and strategies that industry leaders focused on this year, and stay tuned for the 2025 State of Data report to be released early next month.
Ready to begin your own data modernization journey with Hakkoda? Let’s talk today about how we can help your FSI organization build the modern data stack it needs to succeed in 2025.
