In the ever-evolving landscape of the Financial Services Industry (FSI), organizations face a multitude of challenges that hinder their journey toward AI-driven transformation. Legacy systems, stringent regulations, data silos, and a lack of agility have created a chaotic environment in need of a more effective way to use and share data across the organization.

In this two-part series, I delve into my own personal observations, break open the prevailing issues within the FSI, and closely inspect the factors holding back progress. I’ll also highlight the need to integrate legacy systems, navigate strict regulatory landscapes, and break down data silos that impede agility and hinder data-driven decision-making.