In today’s world of financial services, a well-crafted decisioning system is paramount, whether you're dealing with credit risk, fraud prevention, financial compliance, or any other critical aspect. Occasionally, financial services organizations decide whether to buy a risk decisioning system or build one using in-house resources. This quandary demands careful consideration
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The extreme temperatures that hit the UK in 2022 – the heatwaves of the summer followed by cold snaps in winter – were a reminder that the climate is becoming increasingly volatile. Globally, the weather conditions were even more challenging, with droughts, famines, wildfires, flooding, and hurricanes reported worldwide. All
SAS' long-standing commitment to academia and finding innovative applications for analytics to solve real-world problems is a core pillar of our purpose. In 2022, we introduced our first cohort of students from the University of New South Wales (UNSW) in Australia working with SAS' thought leaders to explore the work
Could lithium, copper, nickel and magnesium become more valuable than oil and gas? The World Bank expects the demand for these materials to increase by 500% by 2050. Known as critical raw materials (CRMs), they are hard to replace and are essential in our transition to renewable energy. Solar panels
When I started my career as an actuarial student in the early 2000s, being successful required a good actuarial exam passing rate and good modeling skills in Visual Basic for Applications (VBA) or using SAS® to code. However, just as SAS never stands still in data analytics, the skillsets required for
AI has captured the general public's imagination, so it was no surprise that it was nearly the only topic of conversation among data professionals at this year’s Chief Data and Analytics Officer (CDAO) conference in London. Of course, AI and machine learning are not new concepts for those working in
In principle, the best method of mitigating fraud is to set up a strong detection system. A system perceived as unbeatable will mean that potential fraudsters are discouraged from attempting anything and move on to easier targets. The premise of deterrence is that a system that detects fraud and abuse
It might be more down to organic growth rather than a strategy that many large-scale organisations today operate in a multi and hybrid cloud environment. But orchestrating a mix of cloud and on-premise infrastructure is a growing challenge. Despite the benefits of flexibility, scalability, security and avoiding a single point
I had the privilege of attending the Open Data Science Conference (ODSC) in London and it was an incredibly enriching experience. Immersed in a gathering of like-minded professionals and experts, ODSC provided a captivating platform to delve into the latest advancements in the field of data science. From exploring the
After years of disruption, the insurance industry has its sights set on change – the problem is that transformation often feels out of reach, or firms don’t know where to start. From speaking to our customers, we know that many want to embrace innovative technologies but remain stuck with costly