For many financial services institutions (FSIs), data is a critical part of their operations. However, the millions of accrued datapoints that traditional finance institutions hold are only as valuable as they are accessible.

For traditional FSIs, accessibility is often a sticking point. All too often, useful data that could be meaningfully deployed is stored in legacy data repositories and is therefore difficult to access in an efficient manner. FinTechs, deployed with digital-first in mind at the outset, are generally not faced with this issue.

Data streaming can overhaul existing infrastructure and harness data so it is available on-demand as organisations require it. Beyond accessibility, a data streaming solution has the potential to analyse data in new and innovative ways which can add greater value from the front to the back office of an organisation.

During this podcast, FStech was joined by Peter Pugh-Jones, part of the financial industries team at Confluent, to talk us through the way in which a data streaming solution can leverage and apply data in ways the result in quick, improved decision-making and help realise insights that enrich the customer experience.