The Importance of Studying Networks Versus Individuals

Starling Team

One of the critical differences that separate star performers from average performers turns out to quite subtle. Too often we focus on individual behaviors and activity and we miss the critical networks that support and influence their success. In this blog post by Greg Satell, reviews research from a variety of disciplines to demonstrate the importance of networks. In fact, in many cases the network an individual is able to cultivate can have a greater impact on their success than their innate talents.

Read the full post: We Need to Focus More on Networks and Less on Nodes

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Starling Event – Bank Culture Reform and Behavioral Science

Starling Team

We are very excited to host a Panel Presentation with Thomson Reuters on the topic culture and behavioral science in banking. The session, Bank Culture Reform and Behavioral Science, will examine the progress in cultural reform, with a particular focus on the tricky issue of cultural metrics and behavioral science. Panels will feature leading current and former regulators as well as industry leaders from Goldman Sachs and HSBC.

The event is the fourth in a series held in conjunction with the New York Federal Reserve Bank.

For more event information and registration: Bank Culture Reform and Behavioral Science

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Trust and its role in happy societies

Starling Team

The secret to a happy society — and well functioning organizations — may just be rooted in Trust.

This article in Bloomberg by Megan McArdle explores what makes Denmark and many other countries so happy and cohesive. The author concludes that it is the high levels of trust that people feel in one another and in their government.

Some of the key benefits that flow from this high-trust dynamic include a more collaborative and functioning government system but there are economic benefits as well. She provides a number of examples, including that fewer workers are needed to manage compliance and oversight to enforce rules, allowing workers instead to be deployed in more productive and personally-satisfying ways.

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Just One Click Can Reveal Your Most Basic Motivations

Starling Team

Dr. Sandra Matz of the Columbia Business School writes a fascinating post on how the science behind predictive analytics is moving beyond studying things like past purchase behavior or song selections to make predictions about future events. The next generation of advances will come as companies begin to identify the digital signals that reveal psychological traits, as described in this article, or behaviors and relational dynamics, as we do at Starling,

Armed with this understanding companies can make far more accurate predictions and deliver better results than ever before.

Read the full article here: Just One Click Can Reveal Your Most Basic Motivations

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Alvarez & Marsal calls out Starling in their in-depth review of the Regtech space

Starling Team

A very well researched and knowledgeable report on the Regtech space was released on February 12, 2018 by leading global advisory firm Alvarez and Marsal. Written in partnership with the Fintech research company Burnmark, the report drew on interviews with Regtech companies as well as global regulators and banks regarding trends and opportunities in the marketplace.

In all the firm studied 400 firms including over 350 startups, focusing on the compliance space. The report describes how startups in the Regtech space are embracing AI and analytics, particularly in areas like Financial Crimes where Starling is currently breaking new ground.

Read the full report here: Regtech 2.0

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