With build-or-buy decisions, it often comes down to an all-in-one platform or a mixture of best-of-breed technologies. With open-source technology companies can actually get the best of everything. So, why not roll your own platform based on top-notch technologies? The real question is whether enterprises can afford to. Open-source software is free to use, but teams have to invest quite a bit in selecting, introducing, using, and maintaining these technologies.

AI is everywhere. Except in many enterprises. Going from a prototype to production is perilous when it comes to machine learning: most initiatives fail, and for the few models that are ever deployed, it takes many months to do so. While AI has the potential to transform and boost businesses, the reality for many companies is that machine learning only ever drips red ink on the balance sheet.

The last few years has been a time of major disruption in the Finserv sector. Artificial Intelligence (AI) technology has emerged as an important tool for providers of financial products and services to deliver more personalised and more sophisticated services to customers faster. The financial services sector is at the beginning of an exciting journey with AI – a journey that we believe will spark a revolution and redefine financial services.