Remove Analytics Remove Forecasting Remove Insurance Remove Reporting
article thumbnail

Finding the Right Reporting Narrative in Banking and Insurance

Jet Global

While financial reporting is largely standard across businesses no matter the industry—accounts receivable, inventory, etc.—when when it comes to the banking and insurance industry, things get a little different. CXO Software even lets the team challenge each scenario with machine learning predictive analytics.

article thumbnail

Express Cloudera POV on 2021 data trends in insurance

Cloudera

We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. In 2021, with the crisis hopefully fading, insurance will have time to evaluate the changes made in 2020, assessing what worked and what didn’t, and planning a new way forward rather than reacting in real time. .

Insurance 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Planning vs Forecasting: Four Key Differences

Jet Global

Many people use terms like “planning,” “forecasting,” “budgeting,” and “financial projection” somewhat interchangeably. When it comes to a plan vs forecast in particular, the line can be blurry. Let’s look at four key features that distinguish financial planning from forecasting: 1. Access Resource Now.

article thumbnail

18 Examples Of Big Data Analytics In Healthcare That Can Save People

datapine

One of the most notable areas where data analytics is making big changes is healthcare. In fact, healthcare analytics has the potential to reduce costs of treatment, predict outbreaks of epidemics, avoid preventable diseases, and improve the quality of life in general. Download our free bite-sized summary and see our top examples!

Big Data 364
article thumbnail

How Financial Services and Insurance Streamline AI Initiatives with a Hybrid Data Platform

Cloudera

The Danger of Black-Box AI Solutions We believe the best, most pragmatic solution for AI in financial services and insurance is what we call–“Trusted AI.” Enable reporting to internal teams about the statuses of AI projects. Push predictive analytics to optimize operations and enhance profitability. Plan to scale for the future.

article thumbnail

Navigating Banking and Insurance With Longview Tax

Jet Global

The ability to adjust quickly to the shifting tides of taxation, amid the unique challenges posed to financial services companies, will help you build confidence in your tax reporting and better handle the unique challenges that lay ahead. These strategic activities include tax policy, planning, and controversy.

article thumbnail

What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

What is data analytics? Data analytics is a discipline focused on extracting insights from data. The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. What are the four types of data analytics?