Curious about how Gen AI is changing the game? Join us at our Generative AI Symposium in New York City on September 18 as we dive into AI governance, how to manage your data, which ROI use cases you should focus on and much more. We'll have live demos all day and insurance and banking-specific tracks in the morning to help spark new ideas for your organization. Register your interest to join us in New York today > https://bit.ly/3L1zLX2 The event is for financial institutions only and geared towards those focused on insurance and banking. #AI #data #IndustryTrends
About us
For over 20 years, Celent has helped senior executives make confident decisions around their technology strategies to execute at scale. As the financial services industry rapidly evolves, there is more complexity, with new regulations, startups, technologies, and applications to stay on top of and prioritize. Celent helps you connect this ever-changing puzzle. We offer objective advice and clarity, backed by a database of thousands of solutions and award-winning global best practice use cases. With real-life domain expertise, we also guide you through the maze of emerging tech in the pursuit of value. Our people, data, insights, and relationships form the foundation for you to use Celent to make confident technology decisions in financial services. We are part of the Oliver Wyman Group, a wholly-owned operating unit of Marsh & McLennan [NYSE: MMC].
- Website
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https://www.celent.com
External link for Celent
- Industry
- Research Services
- Company size
- 51-200 employees
- Headquarters
- US, Europe, Asia-Pac, Primary Offices
- Type
- Public Company
- Specialties
- financial services, research, consulting, and IT
Locations
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Primary
Office across the globe
US, Europe, Asia-Pac, Primary Offices New York, Boston, London, Tokyo, OO
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99 High Street
32nd Floor
Boston, Massachusetts 02110, US
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London, London W1U 8EW, GB
Employees at Celent
Updates
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We're halfway through 2024, and we're taking a look back at some of our top insights so far. At the beginning of the year, Kieran Hines, Principal Analyst, highlighted three trends to watch in Retail Banking in 2024: 1️⃣ Agility & Automation: Banks are prioritizing speed and flexibility, with a focus on intelligent automation and low-code tools to enhance customer experience and reduce costs. 2️⃣ Open Banking, Baas & Embedded Finance: With 75% of banks having a clear strategy, the open ecosystem is moving from theory to practice, driving commercial gains and regulatory support. 3️⃣ Experimentation with Gen AI: Generative AI is at the forefront, with 41% of banks testing use cases and many more planning projects. Are these trends still moving the needle in 2024? Only time will tell, but in the meantime, dive into Kieran's insights and see how these trends are shaping the future of banking > https://bit.ly/3RSLGKG #AI #OpenBanking #DigitalTransformation
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InsureTech Connect Asia, the region’s largest insurance event, brought together industry leaders, tech entrepreneurs, and investors for three days of insightful discussions and trendsetting ideas. Our preconference session, "Empowering Resilient Analytics and AI/ML and Driving Transformation for Future Success," featured panels moderated by our analysts Max Ang and Nicolas Michellod, diving deep into the top trends in the insurance industry. Curious about the key takeaways? Watch both panels for an inside look into the future of insurance innovation and digital transformation > https://lnkd.in/eJdCGVjQ #ITCAsia #InsuranceInnovation #AI
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Our 2024 IT Dimensions survey shows data platforms and cybersecurity are now top priorities for corporate banking in 2024. The rise of AI has exposed data capability gaps, pushing banks to invest in robust data solutions. Colin Kerr, Principal Analyst on our Corporate Banking team, dives into how banks are scaling AI with robust data strategies > https://bit.ly/4cKEjNk #AI #DataPlatforms #cybersecurity
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Our latest Tech Horizons webinar Optimizing Claims Management in P&C explores the latest functionality and technology trends shaping claims administration systems for insurers. Hear from Nathan Golia and Fabio Sarrico, analysts on our Insurance team, and discover the advanced capabilities that make solutions stand out and the technological back end that sets carriers up for success. Watch on-demand today > https://bit.ly/3zyoGtL #ClaimsManagement #insurance #TechTrends
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Wealth managers are keen to understand the various aspects of CRM and data privacy to enhance client relationships while staying compliant with regulations. Ashley Longabaugh, Principal Analyst on our Wealth Management team dives deeper into the key considerations to keep in mind while navigating this complex landscape > https://bit.ly/3zobrMh #WealthManagement #CRM #DataPrivacy
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The landscape of retail banking continues to evolve with new emerging approaches to branch banking. While some regions are seeing a reduction in branches, others are experiencing a rise. Curious to learn how banks are tailoring their strategies to strike the perfect balance between digital and physical channels while considering market-specific dynamics and global banking practice? Check out our parent company, Oliver Wyman's report into the global trends in branch banking and distribution > https://owy.mn/45H9Iha #EmergingTrends #BranchBanking #GlobalBanking
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Pension dashboards or Pension Tracking Systems (PTSs) have been successfully implemented in several European countries, allowing customers to monitor their retirement savings from various sources in one place. The UK's Pensions Dashboard initiative aims to do the same. Despite delays, the program is progressing, with a legal connection deadline set for October 2026. Karun Arathil, Senior Analyst on our Insurance team, explores key opportunities available for FIs once this initiative goes live > https://bit.ly/3VSyYhn #RetirementPlanning #CustomerEngagement #PensionDashboards
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Our Dimensions: Capital Markets IT Pressures & Priorities webinar uncovers the forces driving technology planning and their implications for the upcoming year. Key insights include: ⏺ Both buy-side and sell-side firms are increasing their IT spending. ⏺ Focus areas include transformative change and cloud adoption. Find out what the future holds and how gen AI will reshape investment strategies in our on-demand webinar > https://bit.ly/4cqkHhd #CapitalMarkets #ITSpending #GenAI
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Fast-forward two years, and many wealth management firms will be live with generative AI applications, with some already in production for a few years. So, where will the greatest impact be felt? Our Wealth Management team surveyed executives from top wirehouses, brokerages, broker-dealers, and banks to discover the expected impact of gen AI use cases across various business functions over the next two years. Chris Bendtsen, Senior Analyst on our Wealth Management team, dives into the results in his latest blog > https://bit.ly/4co7fLn #AI #genAI