by Brian Pillmore | Dec 21, 2023 | Brian's Blog
In an era where data is the new oil, banks are missing out on opportunities if they’re not utilizing it effectively. The banking industry is reaching a crucial point in its evolution – data science and actionable business intelligence are driving this...
by Brian Pillmore | Dec 21, 2023 | Brian's Blog
With the rise of FinTech, we are witnessing an incredible shift in how financial institutions operate and serve their customers. But what does this mean for our local banks? Banks need to quickly adapt to this digital tide lest they lose relevance. This isn’t...
by Brian Pillmore | Dec 21, 2023 | Brian's Blog
Let’s break this down and look at the recent Wall Street Journal article. The Federal Reserve has put a pause on raising interest rates, igniting a rally on Wall Street – a move that signals a possible end to the aggressive cycle of hikes we’ve...
by Brian Pillmore | Dec 15, 2023 | Brian's Blog
The proliferation of data science and sophisticated algorithms are not only shaping the financial landscape but also enabling banks to offer personalized customer experiences. As a CEO at Visbanking, I have witnessed firsthand how actionable business intelligence has...
by Brian Pillmore | Dec 14, 2023 | Brian's Blog
Pre-2008 CDS:- Favored for speculation, not just risk hedging.- Little transparency, weak regulation.- Amplified systemic risk, seen in Lehman Brothers’ crisis.- Exposed significant counterparty risk. Current SRTs:- Lean towards risk management, avoiding...
by Brian Pillmore | Dec 14, 2023 | Brian's Blog
I just booked a flight for my family to head on spring break. I was notified of this from Going (formerly Scott’s Cheap Flights). I was agnostic to the exact location. We planned the trip around cheap flights – $1,064 for 6 roundtrip tickets. (I should...
