With the European Banking Association (EBA) stress test and the Targeted Review of Internal Models (TRIM) initiative in 2018, there are more reasons than ever for banks to be consistently data-oriented and analytical. All banks know that. The bad news is that very few institutions are fully convinced of the
SAS COO Oliver Schabenberger’s opening keynote at SAS® Global Forum had many messages that resonated. I was particularly struck by his remark that AI, machine learning and IoT are all really a natural progression of the analytical models that SAS has always used. They are, therefore familiar, but also new,
Hospitals use SAS for antibiotic stewardship to focus on using antibiotics in a rational way. The purpose is to reduce antimicrobial resistance and excessive or inappropriate prescription of antibiotics. In this short blog post, I answer five of the most common questions concerning how data can prevent antimicrobial resistance. 1. Why
There is a saying that you learn something new every day. The idea behind it is that every situation offers the potential to learn something. In other words, you are always learning from those around you, and from what happens in your everyday life and work. This sounds wonderful. Ongoing
The deadline is looming. The new regulation will be a trial by fire for interactions with customers, colleagues and regulatory authorities. Are you ready for this? And what has your company done to prepare? At SAS, we wanted to get a feel for where people are, so we conducted a
The General Data Protection Regulation, or GDPR, comes into force on 25 May 2018. It has been a topic of considerable interest recently, and particularly its likely effect on individual sectors or business areas such as marketing and sales. Software manufacturers and consulting companies have been developing and launching solutions
Model deployment is a crucial part of the model life cycle. Having developed and validated your model, you need to be able to put it to work. This “putting to work” stage is called deployment, and it is far from trivial. At this stage, the model ceases to be “training”
As the global economy becomes increasingly digital, the underpinning technologies are dramatically altering the power balance between companies and their customers. While the customer benefits from the access to information and choice between offerings, digital technologies will also significantly improve the performance of well managed organisations. Every business, large or
Combating insurance fraud and anti-money laundering have always been among the key challenges of the insurance industry. Therefore, the opportunity speaks for itself: SAS has great solutions to overcome these issues, only the proper occasion to display these to the target group needed to be identified.
We all are now learning to live with the EU’s General Data Protection Regulation. It has often been viewed as a challenge and a requirement, a box that needs to be ticked before everyone can get on with doing their day jobs again. Recently, however, I have noticed a slight change
