As we welcome in 2017, goals and predictions for the year to come are published in every aspect of our lives. While food, fashion and travel predictions can be fickle - Forbes put their attention to Artificial Intelligence, Big Data, the Internet of Things, Cyber-security. As RedPort clients harness the power of their data to … Continue reading Forbes 2017 Predictions
You can hardly go anywhere or read anything anymore without hearing or seeing something about Big Data. People who aren’t in banking, insurance retail, or consumer marketing could be forgiven for thinking Big Data is like the second coming of Godzilla or something: “Big Data. It’s Everywhere!” But while high-consumer-based merchandisers have been building their … Continue reading Analytics: Strategy or Tactic?
If you thought you read Excellence in the title of this post, instead of Elegance, we’re glad you did. To us, simplicity is elegance. The most successful banks and credit unions operate with an elegant simplicity that includes a clear focus on their customers, a deliberate commitment to knowing what those customers need, and the … Continue reading Financial Services Elegance
A number of strategies have been employed successfully by a great number of insurers around the world — five strategies, to be precise. One in particular, has failed miserably on every attempt. RedPort encourages the use of any of the first four. We highly recommend however you don’t even try the fifth; although, it may … Continue reading Spaghetti Strategies
For over 15 years, RedPort has been working with financial institutions in the US, Latin America and Europe to understand and define what “the Financial Institution of the Future” will look like. While many models may emerge, we believe they will all incorporate significant elements of the following 6 attributes: They will be customer-centric, assembling … Continue reading The FI of the Future
At RedPort, we collaborate with our clients to develop and implement relevant, scalable, and executable strategies. Our advisors are experts at helping companies adopt and cultivate market-winning practices to create exceptional results. From our work with large and mid-sized financial institutions, we’ve identified three key areas of expertise that are critical to long-term success: Customer-centricity … Continue reading Partner with RedPort
Investing in Data Capabilities Isn’t Guaranteed to Pay Out According to Infoweek companies are only getting $0.55 return for every dollar they invest in big data. RedPort has been called in to work with organizations that have made significant data capability bets - only to struggle to achieve ROI. When we dig deeper, we generally find … Continue reading Failure to Launch: Data Transformation