3 forces driving modern asset liability management strategies
Economic, tech and regulatory trends are shifting asset liability management strategies.
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Our Storytellers: Sheri Thathal
We’re proud of our unique company culture that spans across offices, divisions and geographies. It’s one of the reasons why SAS is named among the top workplaces in the world by Fortune’s Great Place to Work! If you’re curious about what it’s like to work at SAS, you’re in the right place. Our people are always asking, “What if?’ and pushing the bounds of
Financial crime in 2020: How did my predictions play out?
Stu Bradley evaluates his 2020 predictions for fraud, AML compliance and security.
Yes, Whey!
Little Miss Muffet Sat on a tuffet, Eating her curds and whey; Along came a spider, Who sat down beside her And frightened Miss Muffet away! I grew up chanting this popular nursery rhyme and now recite it to my children, but it wasn’t until I started making Greek
Game on! Here's a fun way to learn SAS
SAS' Leonid Batkhan encourages you to join him at SASensei, an independent, third-party online SAS learning resource (game).
The inverse gamma distribution in SAS
The inverse gamma distribution is a continuous probability distribution that is used in Bayesian analysis and in some statistical models. The inverse gamma distribution is closely related to the gamma distribution. For any probability distribution, it is essential to know how to compute four functions: the PDF function, which returns
The evolving role of AI in drug safety
Safety, efficacy, speed and costs must all be prioritized and balanced in the delivery of life-changing therapies to patients. A drug that's quickly and cost-efficiently delivered to market, but isn’t effective and safe is unacceptable. An effective, safe drug that doesn’t get to patients in time to save lives has
How to compute the incomplete gamma function in SAS
Years ago, I wrote about how to compute the incomplete beta function in SAS. Recently, a SAS programmer asked about a similar function, called the incomplete gamma function. The incomplete gamma function is a "special function" that arises in applied math, physics, and statistics. You should not confuse the gamma
The road to modern econometrics
A note from Udo Sglavo: When people ask me what makes SAS unique in the area of analytics, I will mention the breadth of our analytic portfolio at some stage. In this blog series, we looked at several essential components of our analytical ecosystem already. It is about time to
5 tips for data scientists on improving your visibility
It’s been a full eight years since HBR declared that data scientists hold the sexiest job of the 21st century. Yet, here we are in 2021, and the work of data scientists is still found outside the spotlight in many settings. Younger data scientists, in particular, can find it hard
5 ways insurance will change by 2025
I’ve never seen so much evidence from within the insurance industry that we’re on the cusp of a fundamental change. Given the disruption we’ve witnessed over the last 12 months, and the level of uncertainty that persists, it’s very difficult to generalise and predict how the industry will change as
AI as a sales hit with morals AI#34
We talked with Dalith Steiger-Gablinger, co-founder of AI Hub SwissCognitiv.
Mobile phone market share - stacked bar charts
I recently had a discussion with a friend, and we were wondering about Apple's market share. This led me to look into the actual data ... finding the online charts lacking, and then designing my own charts. Follow along if you're curious about the process of improving the charts, or
Little Life Hacks series: A River Runs Through Us
I’ve dabbled in the energy meridian system for fifteen years. I’ve personally experienced acupuncture for much of those with great success. While I’ve learned about prana or qi/chi (energy) in yoga and have created class sequences to open those channels, it wasn’t until the last few years that I started
Beware of data shared via social media - get the facts
Editor's note: This blog post is part of a series of posts, originally published here by our partner News Literacy Project, exploring the role of data in understanding our world. Like infographics, social media and other forms of user-generated content pose unique challenges regarding data. Many news outlets and journalists have checks and balances
The stationary block bootstrap in SAS
This is the third and last introductory article about how to bootstrap time series in SAS. In the first article, I presented the simple block bootstrap and discussed why bootstrapping a time series is more complicated than for regression models that assume independent errors. Briefly, when you perform residual resampling
SAS and PHUSE: How it started, and how it’s going
"I was very impressed by how epidemiologists, analytical experts, architects, programmers and others were working together."
Visualizing our Netflix Trip through "The Office"
Over 57 billion minutes of The Office was streamed in 2020. My family bears some responsibility. Here's our activity visualized -- using SAS.
SAS and C.H. Robinson are rewriting the rules of transportation planning and management
What if you had a technology solution that creates a real-time link between the customer demand signal and what's happening on the ground? What if plans that are being steered centrally could finally be connected to every shipping lane, while simultaneously, creating cost saving carrier adjustments? The first-of-its kind integration
The DOLIST syntax: Specify a list of numerical values in SAS
Have you ever heard of the DOLIST syntax? You might know the syntax even if you are not familiar with the name. The DOLIST syntax is a way to specify a list of numerical values to an option in a SAS procedure. Applications include: Specify the end points for bins
How analytics can improve vaccine distribution and administration
The management of the COVID-19 vaccination program is one of the most complex tasks in modern history. Even without the added complications of administering the vaccine during a pandemic, the race to vaccinate the populations who need it most all while maintaining the necessary cold-storage protocols, meeting double dose requirements,
The future of bank stress testing with SAS Analytics on Azure
SAS Cloud solutions on Azure help banks by delivering reliable stress test results fast.
Foolproof Instant Pot Greek Yogurt
When I purchased my Instant Pot a few years ago I didn’t think twice about having the Yogurt function included because I knew I would never make homemade yogurt. Bacteria, fermentation, boil, cool, incubate…so much potential room for error…no thanks. However, I finally got up the nerve to give it
Running SAS programs in parallel using SAS/CONNECT®
SAS' Leonid Batkhan demonstrates a popular "divide-and-conquer" efficiency strategy using SAS/Connect®.
How do you adapt your insurance pricing strategy in the face of increased price competition?
Many countries in Europe have in previous years experienced increased price competition for general insurance products. Especially in Southern Europe, the competition has been very fierce, fueled by online price comparison websites. In Spain, Portugal and Greece, there has been a substantial drop in average premiums for products like motor,
The moving block bootstrap for time series
As I discussed in a previous article, the simple block bootstrap is a way to perform a bootstrap analysis on a time series. The first step is to decompose the series into additive components: Y = Predicted + Residuals. You then choose a block length (L) that divides the total
Preview of Foresight (Winter 2021)
Through the M4 and M5 competitions, we've seen the promising performance of machine learning approaches in generating forecasts. The SAS whitepaper "Assisted Demand Planning Using Machine Learning for CPG and Retail" describes a role for ML in augmenting the demand planning by guiding the review and override of statistical forecasts.
Pandemic Done List
Last week I read an article that suggested writing a “done” list at the end of each day before identifying the 2-3 priority “to do” items for tomorrow. Ok, I’ll bite. Over the last several months I have been trying all sorts of organization and efficiency habits, so I decided
Top 8 ways SAS used data for good in 2020
From mental health to biodiversity, SAS is committed to using data for social innovation, committing our resources, analytics expertise and software to tackle global issues. It's a vital undertaking, and we can't do it alone -- strategic partnerships are key to these efforts. Here's a quick overview of our top
Blog posts from 2020 that deserve a second look
On The DO Loop blog, I write about a diverse set of topics, including statistical data analysis, machine learning, statistical programming, data visualization, simulation, numerical analysis, and matrix computations. In a previous article, I presented some of my most popular blog posts from 2020. The most popular articles often deal