Andrew and Adir, let's cut to the chase. Can data get financial services to the top of their game?
Andrew There are financial services businesses where data is already putting them at the top of the game, and there are lots of others where that's not the case. But it's not data alone. It’s also about what the consumer experiences.
Adir Data can make a material difference to the financial services industry, but it's all about the quality of data and then the insights and actions that you glean from it.
Ok, you've got 20 seconds to convince us why data is so important. Go!
Adir As an individual, you have your intelligence and your experience, and that's the basis of decision-making. If you want only to have that, you're welcome to it. But I'd rather have a layer of high-quality intelligence external to the intelligence between my ears that will augment my decision-making. It’s such an enormous competitive advantage to have that objective perspective.
Andrew Data helps everyone make better decisions. Not only what has happened, but what might happen. And having data to make better decisions helps you solve problems. There is an element of taking emotion out of decision-making when you can base it on data, and it shouldn't take the fun away. It’s a better basis for decision-making in business.