Over the past years, data has not only become the vital strength of enterprises, but the primary means through which companies can outperform their competitors. Data helped companies, consumers, and government to innovate and integrate all the sophisticated tools of business intelligence.
Data analytics provided contributions beyond imagination. It stimulated the growth of liquid and investable financial assets, while paving the way for emerging markets to have an impact.
Banking and financial sectors have been actively involved in the UAE in the changing market environment characterized by strong competition and changing customer demands. Banks are working hard to implement strict controls and develop effective risk management plans. A good process of management and decision making are now fundamental differences between successful and unsuccessful institutions in the market that has these specifications.