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Fusion Finance & Big Data In Transforming Financial Solutions

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Fusion Finance & Big Data In Transforming Financial Solutions

In a rapidly evolving digital landscape, big data is becoming a cornerstone of economic growth and innovation. According to a commissioned study by the Malaysia Digital Economy Corporation (“MDEC”), Malaysia’s big data analytics market is projected to surge to US$1.9 billion (RM8.7 billion) by 2025. 

This explosive growth highlights a fundamental shift: data is no longer just a byproduct of business operations but a vital asset driving industry transformation. Hence, why at IBPO Group Berhad (“IBPO”), we acknowledge the importance of Big Data and are taking robust, strategic measures to drive our fusion finance tech innovation. 

 

What is Big Data? 

Big data in finance refers to the massive amounts of information collected and analysed to help banks, financial consultancy, investment firms, and other financial institutions make better decisions. This data comes from various sources like customer transactions, market trends, social media, and more.

Fusion Finance and Big Data: Why Is It Important? 

Developed by IBPO, fusion finance is a combination of traditional financial methods together with AI Financial Technology to produce a more personalised financial solution that’s tailored to each individual need. 

 

Scalable Personalised Financial Solutions 

By analysing customer data, we are able to recommend and provide personalised financial solutions tailored to each individual need. 

Credible Insights for Informed Decision-Making

Generates accurate and credible comprehensive financial insights and analysis to help customers understand market trends and make strategic decisions. 

Robust Data Security

Ensures a secured environment with advanced data security measures, allowing for strong encryption and access controls that protects sensitive financial data. 

Best Competitive Loan Rates 

Able to pinpoint the best loan rates available in the market in real-time, based on extensive data comparison and analysis. 

 

When fused with Big Data, it enhances the accuracy and effectiveness of customer profiling for better fit solutions. 

 

Trusted Big Data Integrations

Our trusted Big Data integrations include credit reporting agencies like Experian Information Services (Malaysia), Credit Bureau Malaysia, and CTOS Data System Sdn. Bhd. Additionally, we partner with one of the leading telecommunication companies, TimedotCom Berhad, to further enhance the security of our ecosystem integration.

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Now with these seamless integrations within the IBPO ecosystem, providing personalised financial solutions that are tailored to each individual becomes accessible and achievable. 

What are you waiting for? Live better with Fusion Finance today!