Financial Services
Global Market Size: Up to $36 trillion
Embracing clean data practices enhances privacy compliance and improves data quality that can lead to:
Revenue uplift of 5-15% by enabling more accurate underwriting, tailored product offerings, and higher customer retention due to trust and personalization.
Profit margin improvement of 10-20% via reduced fraud, compliance costs, data errors, and more efficient AI-driven decision-making and automation.
Industry data also shows automation and AI (powered by better data) reduced operational costs by ~14% on average in financial firms in 2025, with back-office automation saving trillions at scale.
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