Laneway Analytics held the first in its series of learning events in Melbourne yesterday to a packed house at Amazon Web Services’s (AWS) Exhibition St offices.
Laneway Analytics, with its event partners, Amazon Web Services and Tableau, hosted a panel discussion about the ease of setting up and managing a data program for Funds – using the latest technologies and smart, agile partners.
Key points highlighted by the speakers included the importance of Funds owning their own data and building a single source of truth, particularly when working with outsource partners. The challenges of gaining and sustaining buy-in from stakeholders, the difficulties of trusting your data and how to ensure trust is achieved consistently through technology were also explored.
Finally, the message of the difficulty and the importance of building a data driven culture was echoed again, with discussion of how best to achieve this using both technology and process.
Attendees from across the industry joined the audience, including many major Funds and a few of the big service providers, with representation from Northern Trust, NAB, UBS, FNZ, Bravura, Australian Super, HESTA, Hostplus, Care Super, First State Super, Vic Super, CBUS and many more.
Our packed audience
The key message from the speakers and that the audience most identified with, is that – the biggest challenge facing Funds today is driving a culture of data use, and the importance of moving your Fund to become a data led decision making organisation.
Interactive Industry Insights – Stephen Huppert
The interactive breakfast session featured three expert speakers followed by a panel discussion.
To recap on the presentations:
Stephen Huppert – passionate about all things super discussed the state of play for data analytics with the Australian superannuation industry, why we are where we are and what needs to happen to move forward.
Sean Leonard – long-time super industry fund leader covered the challenges of building a data program and shared his experience of how to overcome issues and thrive in a data-led environment.
Benjamin Warren – Insight Platforms Manager at HESTA, presented on HESTA’s significant progress building advanced data and analytics capabilities over the last 18 months. As a case study of what can be done and how best to move quickly, Ben’s presentation elicited the most discussion from the audience.Highlights included: where to start the analytics journey, technology selection, how to move to cloud and why, how to ensure broad based stakeholder engagement, and how to prove your business case quickly.
Don’t miss our next event
Thanks to our attendees and sponsors and a special thanks to our speakers and panellists:
- Ben Warren – Insight Platforms Manager, HESTA
- David Fodor – Financial Services Lead, Amazon Web Services
- Mac Bryla – Technology Evangelist, Tableau
- Stephen Huppert – Former Partner Deloitte Australia, super and actuarial leader
- Sean Leonard – Superannuation leader, super analytics expert and consultant