Financial risk mitigation requires the integration of high quality risk data, which is often held in multiple locations. Big data storage solutions and powerful analytical tools can make financial risk mitigation a breeze.
Financial forecasting takes time, but it is an integral part of the decision-making process in an organization. Financial teams should use analytics to alleviate some of the tedious work in forecasting and present more options to executive teams, allowing for better business decisions.
Capital requirements for banks and financial services organizations are increasing, and it is vital to effectively deploy that capital to ensure appropriate returns are achieved. Measuring returns on capital on a risk-adjusted basis is necessary. Risk-adjusted KPIs and financial data analytics are
Don’t let outmoded practices and irrelevant processes hold back your organization. Instead, discover what practices author and analyst David Parmenter believes finance teams can implement to heighten their efficiency and effectiveness.
As of 2016, Solvency II requires mandatory risk reporting—but many European insurers aren’t ready to handle the massive amounts of data they must submit to comply. However, a new reporting tool gives insurers the confidence to meet this mandate while saving valuable time and IT resources.
The financial services industry is extremely competitive. Strategic financial planning is key to survival and long-term success. A robust approach to organizational analytics helps businesses uncover opportunities for increased automation and efficiency.
What happens when you combine training, best practices, success sharing, mentoring, inspiration and a rock concert? You get an incredible immersive data science experience that benefits and thrills both new and experienced data scientists.
Like many companies, executives at athenahealth needed instant business insights, but generating reports took too long. Learn how athenahealth discovered and incorporated a solution that puts data and analytics in everyone's hands and allows analysts to focus on the customer.
Businesspeople consider budgeting a very unpleasant task, primarily because the mechanics of budgeting are so frustrating. Fortunately, a new solution makes budgeting more bearable by eliminating most unproductive Excel spreadsheet activities such as tracking down numbers, fixing broken links and
Rolling forecasts can help companies adapt quickly and easily, but their implementation can be a daunting prospect. To deploy your own rolling forecast system, begin by involving the people who can help the system succeed, and then shift smoothly from gear to gear, hitting top speed without a hitch
Based on feedback from users, Apache Spark is generating a lot of excitement. Learn how to channel that enthusiasm at the upcoming three-day Datapalooza conference—an intense, fun opportunity to build a data product as well as share experiences and hear from prominent data scientists.
New government rules and regulations impact healthcare organizations. Their agility to respond to these legislative mandates is critical to their success. See how athenahealth optimized operations with automated reporting in this installment of answers in analytics.
For over 30 years, Excel has been the go-to tool for financial professionals. But with the changing role of the CFO, Excel’s most useful days may be in the past as more advanced options let finance organizations streamline processes and gain powerful analytics capabilities.
For businesses today, narrative reporting processes are not only time-consuming but often highly inefficient areas of potential risk for the enterprise. New technologies can help address these inefficiencies for better planning, foresight and business performance.