Fintech thought leaders from Mumbai to decode ‘datanomics’ to extract untapped value from data

With the highest fintech adoption rates in the world, fintech in India has entered a new era. The promising Indian fintech market is expected to reach $1 trillion in throughput and $200 billion in revenue by 2030 according to a report by EY and Chirate Ventures.

Fintech is also one of the most data-intensive sectors. The growth is driven by two dimensions of data – the availability of affordable data plans and the large sets of customer data in the country. Every day, market data, transaction data, customer data and benchmark data inform critical investment, trading and risk decisions. All within a constantly changing landscape of inflationary pressure, market volatility and regulatory requirements.

Data strategies and new tools for efficiency on a large scale

Fintechs in rapid scale mode may have started their data journeys, but often struggle to break through the hype and fit the various pieces of the data puzzle together to deliver the digital success they hoped for.

For many fintech players, siled records and technology architectures can be cumbersome. Together with competing data models, security and governance challenges, this can limit the data’s full potential.

To help fintech players better understand the nuances of data and explore how scaling up in growth mode can improve their data position and leverage modern and emerging tools for efficiency at scale, YourStory is hosting a specially curated closed-door roundtable at 2 December 2022 in Mumbaialong with Snowflake and Blazeclan.

A wealth of fintech and data leaders

The roundtable conference will bring together thought leaders in the industry to discuss the data cloud and how to extract untapped value from data. It hopes to present key areas of impact for fintech scale-up, including the data economy and what it means in the context of fintech players, evaluating data positions, creating a data culture, developer-friendly data strategies, fintech data playbooks, data and Bharat, new data innovations, data monetization and more.

The data cloud and extracting untapped value from data

Snowflake is a data innovator leading the way in helping the asset management, payments, banking and insurance sectors fully mobilize data to enable data-driven decision making and achieve successful business outcomes.

At the round table, Mehul Patel, The Regional Sales Director – West India at Snowflake will provide board insights on scaling multiple workloads across industries, data access and collaboration, security and governance capabilities. He will also talk about leveraging the interconnected global ecosystem to unlock better value from data at scale and also enable business-critical workflows for fintech players.

Accelerate time to value and achieve significant business impact

Blazeclan’s goal is to bring the power of the cloud to organizations to accelerate their time to value and achieve significant business impact. The company is on a revolutionary path to lead cloud excellence; by providing robust yet dynamic cloud technology to leverage our capabilities to deliver business flexibility, reduced operating costs, reduced time to market and the security and scalability of workloads.

Veeraj Thaploo, co-founder and CTO of BlazeClan together with Vishwanathan Chandran, The CSU Head of Data Analytics and Insights at Blazeclan will share insights on how to leverage complex data with data science to take the next giant leap in data and analytics maturity. They will talk about acting small while thinking big and achieving results previously labeled as “difficult”.