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Financial institutions are increasing their investments in digital channels and automating complex workflows including risk management. This includes transaction risk scoring, fraud detection, automating loan approvals, and personalizing credit card offers, but all these processes are blocked when using traditional data platforms that can’t handle the speed, scale, and complexity of online transactional data.

In this session, you will learn how financial companies use Redis Enterprise, an in memory data platform with sub-millisecond latency, linear scalability, and support for multiple data models, to unlock your trove of financial data to make better decisions, generate new business opportunities, and help mitigate risk.

Key Takeaways:

  • Increasing digital processes and automating complex business decisions exposes legacy data systems

  • Multi-model in-memory data platform expedites frictionless transactions, provides efficient risk scoring, and reduces false positives in detecting fraud, without adding complexity into your enterprise architecture

  • Redis Enterprise submillisecond latency and scalability does matter in sustaining new digital volumes when moving to automated processes
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Field CTO, Redis
Allen is Field CTO at Redis where he helps organizations reimagine how quickly they can process, analyze, predict, and take data-driven actions. As the home of Redis, the most popular open source database, Redis provides a competitive edge to global businesses with Redis Enterprise by delivering superior performance, multi-model capability, unmatched reliability, and the best total cost of ownership across on-premise, hybrid, and multi-cloud environments.

Allen has broad technical and business experience with a specialization in distributed, low-latency, and high-throughput mission critical systems. He is a trusted advisor to Redis customers which include leading global banking institutions, fintechs, neobanks, and financial service providers.

He received his Advanced Graduate Certificate in Enterprise Risk Management from New York University (NYU) along with his Bachelor’s Degree in Computer Science and holds both an MBA and MSIS from Stevens Institute of Technology.
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Chief Content Officer at BizClik Media Group
Scott is a creative media professional with 25 years of diverse international experience in Europe, the Middle East and Asia. He has edited daily, weekly, monthly and annual print titles, ranging from daily newspapers to glossy celebrity magazines, niche B2B magazines and luxury lifestyle publications. An early adopter of digital – creating web content since 1996 – he has also created digital app magazines, smartphone apps and overseen online strategy and social strategy. He has also worked in television, both behind and in front of the camera, and in public relations roles providing creative content and reputation management.