You may have an approach that works in terms of tackling the major challenge of getting people with suitable skills into your organisation, but this won’t mean much if the business isn’t structured in such a way that gets most out of them. Building on the previous blog looking at
Since the financial crisis, banking regulators have started to use stress testing as a way to examine how banks will manage under adverse conditions. The idea is to ensure that banks hold enough capital to survive economic shocks. The European Banking Authority published its draft stress-testing methodology for 2018 back
Businesses have to make a profit. This is, if you will forgive the pun, the bottom line. It is the reason why businesses exist, and it is the most important, if not the only reason, why any business does anything. Profitability really is king. Transforming the banking sector Hold that
I travel a lot for business. I consult with customers across Africa in a variety of industries. But no matter the country, culture or industry, the one thing that most businesses have in common is that there is inevitably a disconnect between the data scientist teams and business units. Business
Internal connections between organizational members are valuable assets for any organization. The ability to reach out to your colleagues, to know who knows what and even to engage over everyday topics such as last night’s television or weekend plans are, in many ways, what defines an organization. These discussions are
Like stress testing, model risk management is one of the current ‘hot topics’ in banking. Discussed extensively at a recent risk executive roundtable in Amsterdam, it is clear that the issue is exercising minds to a considerable degree. What’s more, it is also only likely to become more important in
There is so much going on that has potential to improve the way that insurers operate, it’s hard to know which opportunities to address, and also, which risks are too important to ignore. At SAS, we are fortunate to have a team of industry experts who understand how to contextualise
Another year’s over, a new one’s just begun. And it’s time to answer that most crucial of questions: ‘What does 2018 hold in-store for EMEA banking?’. Unless I’m missing something obvious, all the signs point to the coming 12 months being characterised by the usual ‘evolution not revolution’, and anybody
Since the financial crisis, risk management in banks has grown in importance, and therefore so has the need for digitization. Regulations have called for stronger risk management of business processes. The first direct requirements for capital requirements and liquidity management were introduced in Basel III, but this has continued since.
Machine learning is very much the ‘topic of the moment’. It is being discussed everywhere, whether as machine learning, or as artificial intelligence. Machine learning techniques and tools have been around for a while, however, so why now? Is it just an idea whose time has come, or have there
