Transform financial services by making data accessible across the business
Data marketplaces : A driver for [ transformation ] in banking & insurance
Your need
Data is at the heart of the operations and business models of banks and insurance companies. It acts as a valuable resource for making better decisions, increasing efficiency, and adapting to a changing economic and societal landscape while meeting emerging consumer needs. Democratizing access to data for employees, business partners, and customers through a data marketplace allows financial services companies to improve operational efficiency, increase collaboration, boost efficiency, and offer innovative products and services, all while complying with regulations.
The [ benefits ] of data marketplaces
Increase efficiency
through digitalization and faster access to the right data, empowering employees to become more productive, proactive, and collaborative in their daily working lives
Save time and decrease costs,
reducing time to insight by removing data silos, lowering expenditure, while increasing collaboration and openness and building a data-centric culture
Deliver more innovative products,
out-competing rivals by launching new data-driven services that meet the changing needs of increasingly digital customers, boosting revenues and profitability
Enhance customer service
by securely centralizing and sharing data both internally and with consumers to support a better, more informed customer experience
Increase transparency and trust
with customers, shareholders and regulators by showing progress against Environmental, Social, Governance (ESG) goals and demonstrating ethical behavior across all operations
Manage risk
and make better informed decisions through access to intuitive, interactive data-driven dashboards and visualizations, providing understandable, real-time reporting on activities within the business
Banking & insurance leaders give teams autonomous, trusted data access with Huwise
In banking and insurance, speed and trust in data are non-negotiable. Huwise gives business users autonomous, no-code access to governed data products, reducing dependency on data experts and IT.
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reduction in time spent searching for data
reduction in data preparation time
reduction in duplicated work
per year saved for IT
Realize all your [ use cases ] with a data marketplace
Internal Data Marketplace
Centralize all of your data assets, breaking down departmental silos and enabling seamless sharing through your internal data marketplace, ensuring that all employees can confidently discover, use and benefit from data, without requiring training or support.
- Track your performance in real-time with interactive and intuitive dashboards on your key KPIs
- Create visualizations and dashboards around payments and risk forecasts, cross-referencing your data with internal and external sources to enrich your analyses and then sharing with employees
- Simplify, unify, and structure your internal data in a variety of formats to make it accessible and reusable by all employees
Ecosystem Data Marketplace
Develop new and existing relationships with startups, partners, and regulators through your ecosystem data marketplace, driving transparency, innovation and collaboration by sharing data through visualizations, dashboards, APIs and tables. Deliver data-driven services to meet the changing needs of your ecosystem, enabling you to benefit from new opportunities.
- Develop monetizable services and dashboards by aggregating data on your customers’ banking habits to create new and innovative uses
- Provide your data in interactive, standards-compliant formats to demonstrate regulatory compliance
- Provide your partners with restricted access to specific data, enabling them to develop new offerings, generate new revenue streams, and boost your competitiveness
Open Data Marketplace
Strengthen relationships with the wider public and stakeholders by increasing transparency around your performance, objectives and progress against goals through your in-depth open data marketplace. Demonstrate openness and build trust, safeguarding your reputation now and in the future.
- Communicate on your Environmental, Social and Governance (ESG) activities through intuitive and interactive data stories and dashboards
- Launch new data-centric services and products that add value to your customers lives
- Provide more transparent communication and easier access to key information, such as the location of your branches or available job vacancies
Groupe BPCE drives [ innovation ]
Our solution
- Provides a range of data visualization options, enabling data to be presented via tables, graphs, and interactive maps as well as shared through APIs and widgets.
- Enables real-time sharing and reduces administration through automatic updates.
- Delivers an easy-to-use, intuitive management interface, reducing administration and supporting data governance.
The benefits
- Increases innovation and collaboration with existing and new partners, building an ecosystem that benefits from open data sharing
- Improves internal efficiency and creates new use cases for data, driving digitalization and maximizing value from data
In the years to come, we will all have a role to play in making data widely available and improving people's lives, in all areas. We cannot live in a world in which data is omnipresent without training, explaining, or ensuring that end consumers and company employees understand the challenges of data. People had their doubts about opening up data in the banking sector. But we did it, and now we have the perspective to see that our approach is working very well.
The [ key capabilities ] of a data marketplace
Huwise’s data marketplace solution enables data leaders and organizations from the banking and insurance sector to quickly create a one-stop shop for the rapid discovery and use of their data assets at scale, internally and externally.
Seamlessly connect to all your internal and external data sources
through over 80 connectors for easy integration with your data tools and business applications.
Ensure data quality
control through more than 50 processors that automate common tasks such as formatting fields, correcting errors and standardizing formats.
Enable data preparation and enrichment
through Huwise’s Data hub, providing free access to over 30,000 public datasets, available to combine with your own datasets.
Create compelling data visualizations and interactive dashboards
in just a few clicks through our no-code studio or via our advanced mode for more complex visualizations.
Securely share data assets
through a range of download and reuse options including APIs, allowing users to easily create their own uses from your data.
Better understand how your data is being used
internally and externally, across your ecosystems through in-built data lineage capabilities, while improving data marketplace management efficiency.
FAQ
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In the financial sector, data drives credit decisions, risk management, pricing, and customer relationships. However, it is often siloed across departments, hard for business staff to access, and underused.
A data product marketplace democratizes data access for employees, partners, and customers by making data discoverable, understandable, and usable without technical training.
- Strategic benefits:
- Operational efficiency: fast data access for everyone
- Lower costs: silos removed and processes automated
- Innovation: data-centric services that meet customer needs
- Better customer experience: more transparent, personalized communication
- Stronger trust: ESG commitments demonstrated to regulators and partners
- Improved risk management: real-time dashboards providing a 360° view of activities
- Strategic benefits:
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The banking and insurance sector is heavily regulated (GDPR, Basel III, Solvency II, DORA, ESG directives), which requires traceability, governance, and reliable, auditable data.
A data product marketplace meets these requirements by:
- Centralizing data
- A single access point for all data assets
- Full visibility into data origin and usage, essential for audits and traceability
- Managing access rights granularly
- Provides regulators with only the relevant data
- Standards-compliant interactive formats, without exposing the entire data estate
- Tracking data lineage
- Documents each data point’s journey, from source to end use
- Meets the growing requirements of supervisory authorities
- Publishing ESG data transparently
- Public dashboards that build credibility with regulators, investors, and customers
This approach turns regulatory obligations into a lever for governance and trust.
- Centralizing data
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For banks and insurers, data (payment behavior, credit histories, claims, risk profiles) is a strategic asset that is often commercially underused.
A data product marketplace provides the technical and governance infrastructure needed to make monetization feasible, secure, and scalable:
- Monetizable products and services
- Dashboards and analytics services based on financial behavior
- Premium APIs giving partners, fintechs, brokers, and reinsurers access to value-added data (such as real-time risk scores)
- Co-development with the ecosystem
- Restricted access to specific data for selected partners
- New offerings and recurring revenue
- Security and compliance
- Granular access rights management that protects customer confidentiality and ensures regulatory compliance
This approach turns data, once seen as a cost, into an asset that generates revenue and strategic partnerships.
- Monetizable products and services
