Visualizing Better Decisions Faster

This Financial Insights Perspective provides the FinSights Advisor's weekly perspective on the financial services industry. It provides financial institutions with timely guidance about maximizing one's technology investments. This week's issue focuses on visualization of data. More specifically, visualization embodies a variety of methods to present data, analytical results, information, and/or knowledge. Visual paradigms require an integrated, robust IT infrastructure to enable better and faster decisions for management, knowledge workers, and customers. How does your institution use visualization to enable key decisions? How do you determine if visualization is appropriate? This document describes a range of issues that financial institutions (banks, insurers, and brokers) must understand and master to improve an institution's decision-making power. Do management and knowledge workers have the insight and vision to frame the questions that your institution needs answered? What factors should your institution evaluate to determine if visual analysis is appropriate? Does your institution have the right portfolio of visual analysis tools?