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Model risk management is an important issue for companies in a number of sectors. All models – to predict demand, for example, or to support business decision making pose some risk. But both model complexity and regulatory requirements are increasing around the world, and model risk management is, therefore, becoming considerably
A few years ago, PwC announced that procurement fraud was the second-most commonly reported economic crime worldwide. It’s a broad term, covering everything from bid rigging and supplier collusion to duplicate invoicing and expenses fraud. In a nutshell, though, it’s what happens when your employees or supplier network fiddle the
Se nos perguntarmos qual a importância de um digital twin, podemos desde já considerar o exemplo da NASA durante a crise com a Apollo 13, e tal como foi dramatizado no filme “Apollo 13”, quando peças disponíveis aos astronautas foram colocadas numa mesa e solicitado a uma equipa de engenheiros,