Remove Insurance Remove Predictive Analytics Remove Prescriptive Analytics Remove Risk
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What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. Diagnostic analytics uses data (often generated via descriptive analytics) to discover the factors or reasons for past performance.

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Seven Steps to Success for Predictive Analytics in Financial Services

Birst BI

A personal crystal ball that predicts your days ahead is what financial services firms everywhere want. Every day, these companies pose questions such as: Will this new client provide a good return on investment, relative to the potential risk? Is this existing client a termination risk? Will this next trade return a profit?

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Themes and Conferences per Pacoid, Episode 10

Domino Data Lab

Trying to dissect a model to divine an interpretation of its results is a good way to throw away much of the crucial information – especially about non-automated inputs and decisions going into our workflows – that will be required to mitigate existential risk. Because of compliance. Admittedly less Descartes, more Wednesday Addams.

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The Gartner 2021 Leadership Vision for Data & Analytics Leaders Webinar Q&A

Andrew White

As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. Some data is more a risk than valuable. What are you seeing as the differences between a Chief Analytics Officer and the Chief Data Officer? GI-GO of course we all know. Governance.