Did you know that whether you own a car, and the colour of your car, can give some very interesting insights into whether you will pay your taxes? This may sound unlikely, but recent work with a European national tax office using some highly detailed data found some fascinating connections.
Karen, in our last talk we discussed the importance of a professionally organized Data-Quality-Management. Today I want to go in a little bit more detailed. Could you describe what is important implementing Data Governance processes? How should such a data governance process be designed? For an efficient data governance process,
With the spreading of artificial intelligence, advanced analytics tools have already conquered many areas of life. The SAS Analytics Day conference in Budapest (Hungary) examined the present status and the future potential of data science.
The banking industry is changing, and this seems to be having a particular effect in the marketing area. I caught up with Anja Stolz, CMO at Commerzbank in Frankfurt, to talk about how she sees her role, and the importance of customer experience as a marketing tool. What are your
If you are asked to give an example of using mathematics in everyday life, most people will immediately think of dividing the bill in a restaurant, or possibly calculating percentages. For most of us, this kind of maths will not be a problem, but somehow the whole idea of maths
A restaurant cannot survive without customers. It does not matter how cutting-edge or delicious its food, or how many Michelin stars it has earned. The equation is simple: If it has no diners, there will be no income, and the restaurant will go out of business. This insight could be
Data quality is a topic that is often discussed in insurance, but also plays a subordinate role in the project day. I asked Karen Prillwitz about the importance of data quality at large insurers. For many years Karen has advised insurance companies, and as a project manager in a large
Richard David Precht is probably writing a book on Artificial Intelligence as we speak - and it would not be a bad idea if people were able to find out about this subject without having to be specialists themselves. It became clear already in 2017 that AI will affect us all. Whether you believe,
Being active, and active monitoring are such different things. Monitoring transactions for anti-money laundering purposes has been a mainstay of financial services organisations for a long time. Typically implemented through a TMS, identification of cases is automated for further investigation. The investigation process has significant operational implications – from a risk and
Excellent quality of patient treatment and patient safety is highly prioritised on the health care agenda in the Nordic countries. As a result, the demand for measuring quality has increased, and is closely followed by certain special demands for documentation and data quality. If not handled intelligently, this can be
