Can traditional bankers and insurers make up with consumers? How many breakups do you get before your relationship is over – for good? That’s what some bankers and insurers have been asking themselves since the last crisis and the media exposure of insider trading and other scandals. How far from
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Financial Services firms explore rebuilding trust against a backdrop of scandals and perjury During the SPARK! Financial Services Executive Summit, James B. Stewart, a 1988 Pulitzer Prize-Winner and author of Den of Thieves, the No.1 national best seller about insider trading scandals in the 1980’s, spoke about perjury and scandals.
I often hear of and see this situation played out: It’s time to make an adjustment to the risk management strategy at the financial services institution, and the risk team is nervous about what approach will help get the necessary resources. Of course, there is no one-size-fits-all, magic formula, but
Banks and bankers took a beating as a result of the recent financial crisis and recession. That beating wasn’t reserved for large Manhattan banks. Smaller community banks and regionals were painted with the same brush as the one used for those who nearly broke our global financial system – customers
I’m attending a Bank Administration Institute (BAI) event in Las Vegas this week. BAI is well-respected for its research, professional development and networking opportunities for banks and banking professionals. The conference, BAI Retail Delivery, is primarily attended by community banks and large regionals, but the topics are anything but colloquial.
Today, financial services organizations are swamped in data because of regulatory requirements, years of rapid growth, mergers and acquisitions, and Internet-accessible data. This flood has many firms struggling with disparate sources and varying degrees of data quality. There are several reasons your organization might choose to integrate its data, including,
There are numerous strategic risk issues that might keep a chief risk officer or chief executive officer awake at night. Particularly since the financial meltdown, many are asking themselves (and anyone who will listen), “Do we need to do more in risk management?” Evaluating your program is an intense process,
I attended journalism graduate school and graduated in May 2007. I tell you the date, because it was a blink ago. While there, graduate students researched ways to save our dying newspaper industry. One model being tested was convergence: Broadcast stations and newspapers could align to reduce costs and improve
Manya Mayes, a Solutions Architect and Chief Text Mining Strategist at SAS, just gave a wonderful presentation about using SAS Text Miner with SAS Content Categorization. Both products have been used successfully by SAS customers for some time. But Manya and our clients are now using them to solve old
I’ve been reading Mastering Organizational Knowledge Flow: How to Make Knowledge Sharing Work by Frank Leistner, Chief Knowledge Officer for SAS Global Professional Services. It was written for Cheif Knowledge Officers and knowledge managers, but I also found some interesting truths for any area of an organization that is trying