By MICHAEL CIRCLE
The Data Group News Service
PT Bank OCBC NISP tbk has chosen Cloudera to help transform its operations into a digital-first bank, the data company announced Monday.
The Indonesian bank aims to leverage Cloudera's hybrid data platform and machine learning solutions to offer improved banking experiences for customers. This partnership will allow OCBC NISP to explore generative AI solutions and enhance its data management, analytics and AI capabilities.
OCBC NISP's growing in-house data science team required a hybrid data strategy to integrate with the bank's data lake. This integration will enable data scientists and business users to work seamlessly with various applications, helping deliver transformer-based AI models and real-time, personalized recommendations to customers.
Komang Artha Yasa, head of technology division at OCBC NISP, said, "Implementing modern data technology and launching generative AI projects is one of the milestones for the bank to stay ahead and become forefront in the industry."
The bank plans to expand AI and machine learning capabilities across more of its systems and users. By partnering with Cloudera, OCBC NISP aims to build an extensible platform that allows for easy and flexible application development, utilizing tools and frameworks to drive business transformation.
Cloudera's hybrid data platform is expected to provide a strong and flexible foundation for OCBC NISP to integrate AI at scale throughout the organization. This move aligns with the bank's strategy to focus on innovation, efficiency and customer-centric approaches.
The collaboration is set to enhance OCBC NISP's ability to drive customer innovation and improve regulatory reporting as it continues its digital transformation journey.
For more information on Cloudera, please visit Cloudera Press Releases.
***
If your business has a data problem, book your free consultation with The Data Group here!
