Orchestrating external data sources for informed financial decision-making
In the realm of financial institutions, leveraging external data is paramount to comprehensively assess a customer's financial standing and mitigate risks associated with fraudulent activities. This necessitates a seamless orchestration of diverse external data sources to retrieve critical data such as income, debt, and credit scores, and validate the data provided in the application such as phone number, email address in real-time. These attributes enable the application system to effectively manage risk and make informed decisions regarding customer applications.
This session delves into the intricacies of managing the orchestration layer essential for effectively integrating and processing external data. We will explore strategies to streamline the aggregation and analysis of data from various agencies and sources, facilitating informed decision-making processes within financial institutions.
Furthermore, a compelling case study will be presented, shedding light on real-world challenges and pain points encountered in orchestrating external data sources. By dissecting these challenges and presenting innovative solutions, we will provide attendees with actionable insights to optimize their own orchestration processes, thereby enhancing efficiency and bolstering the quality of financial decisions.
Join us in this enlightening session to glean invaluable insights into managing the orchestration layer of external data sources, and discover how to navigate the complexities of modern financial landscapes with finesse.