Singapore and Hong Kong – Cloudera, a leader in trusted enterprise AI, in collaboration with OCBC, Southeast Asia’s second-largest financial services group, has secured the “Best Big Data and Analytics Infrastructure Implementation” accolade at the Financial Technology Innovation Awards 2024.

Hosted by The Asian Banker organization, these awards highlight exemplary technology implementations within the financial sector. Recognized as one of the industry’s most prestigious awards, nominees undergo a stringent evaluation process, assessing both project execution and sustainable business impact.

“It’s all about generating value from data to drive business outcomes,” said Remus Lim, Senior Vice President for Asia Pacific and Japan at Cloudera.

“We are honoured to win this Financial Technology Innovation Award with OCBC because this highlights the real-world impact of having trusted data and how it will pave the way for a more innovative and secure banking future for everyone. With accurate and secure data and insights, Cloudera was able to enable OCBC to build and serve reliable AI and Large Language models on Cloudera Data Platform and Machine Learning that enhanced customer experiences through personalisation as well as improved fraud detection to mitigate risk.”

“This recognition bears testament to the vision of our leaders and execution excellence of the team,” said Tan Ban Horng, Head of Data Platform, Oversea-Chinese Banking Corporation (OCBC).

“When OCBC embarked on our Data and AI journey, we needed a solution that provides flexibility for the future and a technology partner we can innovate with. Building on Cloudera Data Platform and Cloudera Machine Learning, our data teams are empowered to collaborate and explore rapidly expanding data volumes, and scale constantly evolving AI use cases. This ultimately results in increased operational efficiency for our employees, as well as a more responsive and rewarding banking experience to delight our customers.”