We are getting used to seeing banks considering climate risk. After all, it is closely related to other types of risks that financial institutions mitigate and manage. There are two main types of risks associated with climate: Physical risk of financial losses directly related to climate change-related extreme weather events. Transition
Because it is near the end of the year, I thought a blog about "Summarizing" data might be in order. For these examples, I am going to use a simulated data set called Drug_Study, containing some categorical and numerical variables. For those interested readers, the SAS code that I used
There is growing awareness and discussion about the need to remodel business processes in banks. This is partly in response to the disruption caused by the pandemic, partly because of macroeconomic pressures such as changing interest rates, and partly a way to address changing customer behavior and expectations. This last
As we come to the end of the year when gift giving is popular, there is nothing kinder than making something special for family, friends and loved ones. It’s a double win because many products on the shelves today contain chemicals or harmful substances that our bodies are unfamiliar with
The 2021 SAS Hackathon was a major success and teams are now signing up for the 2022 hackathon. We are inviting you to join us. The world has lots of problems in search of answers and it’s your chance to contribute some creative solutions. Here’s what the team from KPMG
Well SAS, you outdid yourselves once again! For 9 years, we've been collecting and donating leftover and excess Halloween candy from SAS families. After a brief hiatus last year, we challenged you to raise the {candy} bar once again this year...and man did you do that, tipping the scales at
Suppose you are creating a craft project for the Christmas holidays, and you want to choose a palette of Christmas colors to give it a cheery holiday appearance. You could use one of the many online collections of color palettes to choose a Christmas-themed palette. However, I didn't want to
Will you be around any children or teens this holiday season? Yes? This blog is for you!!! The Backdrop It has been a rough 21 months for all of us. For kids and teens, the pandemic has impacted a huge percentage of their lives. When you have been alive 660
It's that time of year again where I get to blend together a holiday song with analytics. This is the eighth year running and the 11th song. For 2021, I decided to take on a more modern holiday song, Arianna Grande's Winter Things. Data Science Things SQL and reporting ain’t
The pandemic has definitely left its mark on the scale of the fraud we’re witnessing in the insurance industry. The key reason behind this is the economic recession. Whenever we observed a decline in a country’s GDP, an increase in fraud rates followed. When GDP fell by an average of
Active gratitude is the feeling you get when a stranger does something nice for you without expecting anything in return. While both are beneficial for our health, there is a statistically significant, positive correlation between active gratitude and pro-sociality (r = 0.374), that is not present with passive gratitude. In other words, random acts of kindness trigger other random acts of kindness to other people, which is both good for us and good for society.
When considering anti-money laundering operations, it’s not unreasonable that most people would probably think first of banks and other financial institutions. These organizations are probably the most obvious place to deposit large sums of money, including those obtained from criminal activities. And are therefore the most important first line of
In a previous article, I visualized seven Christmas-themed palettes of colors, as shown to the right. You can see that the palettes include many red, green, and golden colors. Clearly, the colors in the Christmas palettes are not a random sample from the space of RGB colors. Rather, they represent
Nearly everyone in retail knows the value of personalisation. Getting there, however, can be a problem. Here’s how your retail store can be a business that better understands the customer. Personalising the shopping experience is the surest way to the consumer’s pocket. Consumers buy more and buy more often when
CAS libraries enable you to access your CAS data. By defining the librefs for those caslibs in SAS Studio, you can have more interactive access to the CAS data.
From powering driverless vehicles to tackling the global climate crisis, 5G networks will play a huge role in shaping the future of our society. How can CSPs remove barriers to innovation and drive positive change? 5G technology holds transformative potential for business, individuals and society. However, successfully realizing the true
There is no shortage of challenges associated with the deployment of AI: a lack of access to infrastructure, a lack of skills, and new legislation meant to enforce the responsible use of this evolving technology. But the most consequential questions facing us are innately human. Namely, ensuring human agency, safety
The threat of fraud is ever-present and growing. Organizations lose around 5% of their annual revenues to fraud, and many of them don't take sufficient proactive measures. It's notable that only 56% of organizations conduct investigations of even their worst incidents. That statistic is based on the 2020 ACFE Report
I think it’s safe to assume that we have all heard the phrase “don’t imitate, innovate” in some form or other, but from my point of view, there are only so many times that the wheel can be invented, meaning that sometimes, you would, could and should imitate. I’m not
I’ve written before about how most marketing leaders are underwhelmed by the results they’re getting from marketing analytics, and how intelligent hyperautomation offers the potential to transform performance by shifting from traditional manual campaign generation and execution to an event-driven approach to marketing. The next question is how to put
Protein powders can be an easy, convenient way to add in more protein. However, if you have ever gone to the store or looked online for a protein powder, then you know there are a lot of options out there! It can be really confusing trying to figure out which
In data visualization, colors can represent the values of a variable in a choropleth map, a heatmap, or a scatter plot. But how do you visualize a palette of colors from the RGB or hexadecimal values of the colors? One way is to use the HEATMAPDISC subroutine in SAS/IML, which
This post is written in the hopes of easing the SAS Viya deployment process for novices like me. Firstly, deploying SAS Viya, like most enterprise software packages, isn't a skill we're innately born with. We're going to need a little help, some good documentation, and time to absorb the intricoes
We made bold predictions a year ago about what 2021 would bring. We’re bold enough to do it again for 2022. The pandemic disrupted traditional ways of life in 2021. Remote learning and working became the norm for many. Telehealth took off, and IT modernization accelerated in every industry. 2021
For Natalia Summerville, Sr. Manager in Advanced Analytics R&D, using data for good is at the center of it all. “There’s so much data analytics can do for Greater Good – it’s almost overwhelming. The potential is unending, and that drives me to find new applications and ways to help,”
While discussing how to compute convex hulls in SAS with a colleague, we wondered how the size of the convex hull compares to the size of the sample. For most distributions of points, I claimed that the size of the convex hull is much less than the size of the
When we wrote the sixth edition of The Little SAS Book: A Primer, one of our goals was to write it for all SAS programmers regardless of which interface they use for coding: SAS Studio, SAS Enterprise Guide, the SAS windowing environment, or batch. This is harder than it sounds.
The clock is ticking as the end of third-party data is near. Safari and Firefox have eliminated third-party cookies and Google Chrome is not far behind. Below are three steps marketers can take to address the changing cookie landscape: Create moments that matter by providing a digital experience that convinces
A team of SAS employees recently participated in a data-for-good project focusing on forest fires in the Amazon. In conjunction with the Amazon Conservation Association (ACA), the team explored options to collect and analyze publicly available imagery and fire data to better understand the drivers for forest fires as well
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