BANKING / white paper
Smart Reports 3.0: From Data to Insights to Interactions in Financial Services
- Overview
TCS is here to make a difference through technology.
Leading the way in innovation for over 50 years, we build greater futures for businesses across multiple industries and 131 countries.
-
Industries
-
Services
-
Products and Platforms
-
Research & Innovation
- Overview
We’re in it for good, driving positive change for the benefit of all.
Our expert, committed team put our shared beliefs into action – every day. Together, we combine innovation and collective knowledge to create the extraordinary.
-
About Us
-
Leadership
-
In the news
-
Events
- Overview
Extraordinary expertise leads to remarkable results.
We share news, insights, analysis and research – tailored to your unique interests – to help you deepen your knowledge and impact.
-
Customer Stories
-
Perspectives
-
Global studies
-
Topics
- Overview
Want to be a global change-maker? Join our team.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
-
India
-
Americas
-
Asia Pacific
-
Europe and UK
-
Middle East and Africa
- Overview
TCS works hand in hand with world-leading investors.
Tata Consultancy Services LimitedNSE:TCSINR -
Management Commentary
-
Financials
-
News and Events
-
ESG
-
Resources
Top Results
Showing
Click here to toggle dropdown
10
01 - 07
You have these already downloaded
We have sent you a copy of the report to your email again.
Modernizing report generation with digital innovations to drive usage
The banking, financial services and insurance industry generates a variety of reports. Gathering and processing data to create these reports takes up more time and effort than extracting insights from them. Some of these reports are widely used and some others see limited consumption while a few are hardly referred to at all. This can be attributed to mundane, voluminous, data-intensive, and verbose reports that neither yield any insights nor invoke new ideas or guide decision-making.
Moving to smart reports 3.0 by adopting next gen reporting in financial services offers a way out. A next gen platform that drives interaction by incorporating conversational bots for reporting, videos and digital reports with drill-down capabilities, and analytics frameworks that deliver actionable insights can increase usage of reports. Enabling next gen reporting in financial services requires some crucial aspects to be considered:
- Create function-specific data sources or data marts
- Develop multiple digital delivery channels
- Use conversational platforms backed by AI to deliver next gen experience
Related reading
Banking
Suresh Srinivasan
Abhilash Kaduthanum
Embedded Payments: Addressing the Opportunity to Accelerate Growth
White Paper
|
20 Sep 2023
Banking
TCS’ BFSI Enterprise Application Services for Finance Transformation
Solution
|
11 Sep 2023
Capital Markets
Deviprasad Hegde
Demystifying trade finance assets as a safe investment bet
White Paper
|
04 Aug 2023
Banking
The role of FIs in driving sustainability and leading the ESG charge
Article
|
20 Jul 2023
Find out more
©2023 TATA Consultancy Services Limited