June 7, 2023 – Data is an arms race. Competitive pressures, internal demands, and an ever-growing pool of data are driving banks to assess their data and analytics capabilities. In a business where it’s challenging to differentiate by product and services, data and analytics enable insurers to break free from commoditization with better and faster decisions.
Aite-Novarica Group’s Banking Data & Analytics Maturity Model provides a framework for banks to evaluate their data-related capabilities. The report is based on the experience and observations of the authors and is bolstered by the thousands of conversations that Aite-Novarica Group has each year with banks.
Clients of Aite-Novarica Group’s Commercial Banking & Payments or Retail Banking & Payments service can download this report.
This report mentions FIS, Fiserv, and Jack Henry & Associates.
About the Author

Mitch Wein
Mitch Wein is an Executive Principal in the Insurance Practice at Datos Insights. He has expertise in international IT leadership and transformation as well as technology strategy for banking, insurance (life, annuities, personal, commercial, specialty), and wealth management. Prior to joining Datos Insights, Mitch served in senior technology management positions at numerous financial institutions. At Bankers Trust (now Deutsche Bank), he automated...
Other Authors

Martin Higgins
Martin Higgins is a Senior Principal at Datos Insights. He has over two decades of experience working in insurance technology, having served as Practice Director for Edgewater Consulting, where he was responsible for the company’s property and casualty business nationwide. He has expertise in technology strategy, core system selection and implementation, Agile transformation and DevOps, business intelligence, systems integration, legacy...

Eric Weisburg
Eric Weisburg is a Senior Principal at Datos Insights. His expertise lies in insurance technology, operations, and finance. Eric has over 20 years of insurance industry, consulting, and software experience. Prior to Datos Insights, Eric served as Managing Vice President of Strategic Initiatives at Tower Group Companies and VP at AIG, where he led the global internal consulting function; created the...

Aisha Chandraker
Aisha Chandraker is a Senior Associate in Datos Insights' Retail Banking & Payments practice. She supports consulting projects and creates research reports. She also supports the Retail Banking & Payments Executive Council. She has previously worked in Community Banking, Financial Services CIO/CTO Advisory, and Insurance at Datos Insights. Prior to joining the firm, she worked in immigration law. She has...