Colin started his career training to be an actuary and holds a Certificate of Actuarial Techniques. Since moving to SAS, he has concentrated on the detection and prevention of fraud through the use of Analytics.
They look the same, don’t they? It can be hard to tell one duck from another, but one of them is from a bad egg (I’ll tell you which one at the end of the article). Business rules are a bit like this. They find you lots of alerts, but
As artificial intelligence (AI) becomes more ubiquitous, organisations are starting to encounter a big issue: explainability. European law requires that organisations need to be able to explain decisions about individuals, such as whether to grant a loan, extend a line of credit, or even to start a fraud investigation. This
As many individuals and organisations are finding out, today’s supply chains are incredibly long and complex. Goods can cross many borders, often several times, to complete a final product. Most of the time, as consumers, we don’t know or care about such issues. However, the coronavirus crisis and concerns around
It’s been over a year since my previous blog post, so it seemed like a good time for a refresh. Also, it’s just over a year since the EU implemented GDPR. This regulation promised users could take back control of their data and opt-in/opt-outs, while businesses could get fined up
Deep learning made the headlines when the UK’s AlphaGo team beat Lee Sedol, holder of 18 international titles, in the Go board game. Go is more complex than other games, such as Chess, where machines have previously crushed famous players. The number of potential moves explodes exponentially so it wasn’t
Gender and race discrimination has been banned in most countries for many years, although gender did have specific exclusions for the insurance industry, where the risk for males and females could be shown to substantially different (e.g. females have a higher life expectancy than males). In the European Union (EU)
Data scientists are familiar with prototyping - we do this as part of a well-understood process to arrive at the optimum solution. But prototyping is more than about perfecting the math; it should also be about testing interpretability of the results. This need comes into stark prominence when you start
“And the weather yesterday was a sunny 18oC with warm spells in the south and showers in the north. This is similar to the pattern we saw last Thursday.” Imagine if the weather forecast only restated what happened in the past -- would we bother waiting until the end of
How many of you have read The Cuckoo’s Calling by the previously unknown author Robert Galbraith? The answer is not many, until it came out that Robert Galbraith was none other than blockbuster best-selling author JK Rowling. Sales then skyrocketed. Rowling recently published some of the rejection letters she received as
