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In my previous article I reviewed the current state of model risk awareness in the financial services industry by providing an overview of the EU regulatory regime related to Model Risk Management framework, as well as introducing some major challenges that exist in developing a Model Risk Management system. This
Analytics models, that are at the heart of artificial intelligence, have taken on increasing importance in businesses. They are a vital support to decision-making across organisations and networks, and are relied on more and more by executives and teams. However, models are only as good as their inputs, and that
Where does the European insurance industry stand in terms of advanced analytics, artificial intelligence and automation? Do we see that traditional methods of data analysis are now being labeled by the term "machine learning"? Maybe the industry is more advanced than that: Are real chatbots, for example, already ubiquitous? Let's