Remove Insurance Remove Metrics Remove Risk Remove Risk Management
article thumbnail

How to build a successful risk mitigation strategy

IBM Big Data Hub

.” This same sentiment can be true when it comes to a successful risk mitigation plan. The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events.

Risk 70
article thumbnail

Insurance Dashboard Design: KPIs, Analytics & Examples

FineReport

Insurance companies provide risk management in the form of insurance contracts. Industry-specific, comprehensive, and reliable data management and presentation have become an issue of increasing concern in the insurance industry. The insurance dashboard is one of the most commonly used data display methods.

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

Top Five Financial KPIs for the Insurance Industry

Jet Global

In an unpredictable industry such as insurance , finance and accounting teams simply cannot ignore the importance of careful financial management. Smart accounting protects an insurer from changes in the competitive landscape, regulatory issues, internal shake-ups, and even history-making events like the COVID-19 pandemic.

article thumbnail

Selling the C-suite on preemptive IT investments

CIO Business Intelligence

When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. CIOs can change this thinking by incorporating preemptive projects like disaster recovery into their corporate risk management strategies. The average cost of a data breach is $4.64

ROI 121
article thumbnail

Best Tax KPIs and Metric Examples for 2021 Reporting

Jet Global

A Tax Key Performance Indicator (KPI) or metric is a clearly defined quantifiable measure that an organization, or business, uses to measure the success of its Tax Function over time. Since every organization has its own manner of operation, the KPIs or metrics used for tax will vary from one organization to another.

Metrics 52
article thumbnail

Combine transactional, streaming, and third-party data on Amazon Redshift for financial services

AWS Big Data

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. The calculation methodology and query performance metrics are similar to those of the preceding chart.

article thumbnail

Interview with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity

Corinium

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. I am head of Products here, which comprises of R&D, Product Management and Global Customer support.

Insurance 150