Data Tech Talks

← Data Tech Talks7 oct · 41 min

Season 3- Episode 2 -The Evolution of Finance Through Data & Analytics

Season 3- Episode 2 -The Evolution of Finance Through Data & Analytics7 oct41 min

In this episode of Data Tech Talks, I’m joined by Roy Chan to explore how the relationship between finance and data teams has evolved, and what finance functions really need from analytics today.

Drawing on Roy’s own background in finance, we discuss how commercial understanding can shape the way data solutions are built and why the strongest analytics teams need more than just technical capability. We explore the importance of understanding the business, building strong relationships with finance stakeholders and ensuring analytics is connected to the decisions the business is trying to make.

We also unpack some of the common challenges organisations face when data and finance teams work together, including the tendency to focus too heavily on dashboards and reporting rather than the insights and outcomes behind them.

Finally, we look at how expectations of data teams have changed over the last five to ten years and what the next evolution could look like as AI becomes more embedded within analytics and finance.

A great conversation on bridging the gap between finance and data, building commercially focused analytics teams, and ultimately using data to drive better business decisions