Spurred on by the pandemic, digital transformation has become a core business aim for many companies both in and out of the tech sector. When it comes to handling data on a massive scale, especially when such data is sensitive, compliance is key. The insights from data analysis can be priceless for business growth, but require careful strategy in order to be properly implemented.
This week, we talk to Nicola Wadham, Chief Information Officer at the Financial Ombudsman Service, about the specific digital transformation work she’s been leading, and the importance of properly streamlining data flow.
Highlights
“When people talk about technology, it's always the context in which you're deploying is, that is the difference between just a piece of technology that you can put in, and a piece of technology that you can put in and use, and really exploit. And it's that final mile, I mean, which I want to draw out and talk about that final mile of, yeah, I've put some technology in, and it's really singing. You know, the implementation is one thing, but the actual value, and the transformative change of that technology is a whole other road, and the two are equally important.”
“You have to consider more points to get a process to flow through, because you’ve got to change your digital channel, make sure your non digital channels are keeping steps or the customer experiences safe, make sure you don't upset your automation fees, the case work's all linked in, and flow it through. So, it's a more complicated change to make, and a more profound thing to decide. So you need that additional layer of governance, with a small 'g', and understanding and collaboration.”
“It certainly feels and looks more like an efficiency and service for a journey, because I'm not selling anything to anybody. There's that whole layer in a retail space, where you're trying to identify what they're looking at, where they're clicking, you know, I'm interested in where they're clicking to make sure that journey is as smooth and lovely as possible.”
Read the full transcript here.
Footnotes
- Financial Ombudsman Service
- Five reasons why digital transformation is essential for business growth
- Data protection policies and procedures
- Workday creates startup fund for enterprise AI
- What is data analytics?
- Workday's Accounting Center helps businesses manage financial data
- Most public sector leaders think their data infrastructure is not fit for purpose
Subscribe
- Subscribe to The IT Pro Podcast on Apple Podcasts
- Subscribe to The IT Pro Podcast on Google Podcasts
- Subscribe to The IT Pro Podcast on Spotify
- Subscribe to the IT Pro newsletter
- Subscribe to IT Pro 20/20
Sign up today and you will receive a free copy of our Future Focus 2025 report - the leading guidance on AI, cybersecurity and other IT challenges as per 700+ senior executives
ITPro is a global business technology website providing the latest news, analysis, and business insight for IT decision-makers. Whether it's cyber security, cloud computing, IT infrastructure, or business strategy, we aim to equip leaders with the data they need to make informed IT investments.
For regular updates delivered to your inbox and social feeds, be sure to sign up to our daily newsletter and follow on us LinkedIn and Twitter.
-
Microsoft just took down notorious cyber crime marketplace RedVDSNews Microsoft worked closely with law enforcement to take down the notorious RedVDS cyber crime service – and found tools like ChatGPT and its own Copilot were being used by hackers.
-
Shareholder lawsuit over 2024 CrowdStrike outage dismissed as cybersecurity firm welcomes court rulingNews A US court has dismissed a CrowdStrike shareholder lawsuit alleging "inadequate software testing" in the wake of the 2024 outage that bricked Windows devices worldwide.
-
The trends we're watching in 2026ITPro Podcast AI agents, worsening cyber attacks, and supercomputer expansion could define the coming year
-
The 2025 that didn't happenITPro Podcast Across AI, wearables, and quantum security, a number of promises fell through
-
Partnering to solve legacy cloud challengesSponsored Podcast Camp Australia successfully embraced the cloud through targeted digital transformation
-
The trillion dollar services opportunitySponsored Podcast Services and enablement are key to transforming products into business outcomes
-
Turning business data into business valueSponsored Podcast Businesses looking to harness unstructured data and deploy widespread agents need a steadfast strategy
-
Bridging the data disconnectSponsored Podcast How can businesses make the most of their data for customer success?
-
Data integration for open table formatsSponsored Podcast Open table formats can unlock huge benefits for IT leaders looking to get value out of their data
-
Java celebrates its 30th birthday and more Microsoft developer layoffsITPro Podcast Is AI coming for everyone's job now? Plus Dragonforce emerges as the tool behind UK retail attacks
