HOIST FINANCE
of people and makes use of this data in various ways . “ One way is to support our investment team in calculating the actual price or what they should pay for the next investment price , that ’ s important . Then , of course , we also use the information to improve our own processes in our collection centres to ensure that we ’ re working in the most efficient way . Our Analytics team plays a key role in creating and sustaining a lean organisation . It lets us draw extreme amounts of information in a smart and high-quality way . Then the production performance feeds into our data that we then use for pricing and you have this whole process of managing data . There is a lot of automatic big data management but a lot of R & D behind it as well ,” Wallin explains .
The company is always
considering new ways it can use its data , says Wallin .
“ We look at the possibilities to use our data in a different way , to see how we can use the technologies that are out there to work differently with our customers or just internally . That ’ s part of the normal process and development that we have in Business Applications , Group Analytics , and utilising recent technology developments .”
Keeping the data secure is another critical part of Wallin ’ s role . He says : “ We are not just , in a traditional way , building protection around our information , we ’ re also working proactively with information security and our assets , that ’ s why we haven ’ t outsourced the IT on
58 April 2016