News and views from the analytics experts
- Article Viking transforms its analytics strategy using SAS® Viya® on AzureViking is going all-in on cloud-based analytics to stay competitive and meet customer needs. The retailer's digital transformation are designed to optimize processes and boost customer loyalty and revenue across channels.
- Article Public health infrastructure desperately needs modernizationPublic health agencies must flex to longitudinal health crises and acute emergencies – from natural disasters like hurricanes to events like a pandemic. To be prepared, public health infrastructure must be modernized to support connectivity, real-time data exchanges, analytics and visualization.
- Article SAS CIO: Why leaders must cultivate curiosity in 2021With the change we’re all facing this year, CIOs should be counting on curiosity to play a crucial role in how we’re going to meet the challenges that lie ahead. From the moment COVID-19 hit, our IT organization has relied on curiosity – that strong desire to explore, learn, know - to fuel the urgent changes required. And it’s curiosity that will enable us to meet the needs of the future of work post-pandemic.
- Article Five ways your organization can enhance resilience for years to comeInnovation, agility and customer-centricity frequently top the list of companies’ strategic objectives, and now the most urgent priority is resilience. Given this new urgency, it’s worth taking a close look at the underpinnings of resilience and how they could be applied in any industry. This article explores how analytics can help boost resilience and includes key elements to keep your organization resilient.
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- Article Analytics: A must-have tool for leading the fight on prescription and illicit drug addictionStates and MFCUs now have the analytics tools they need to change the trajectory of the opioid crisis by analyzing data and predicting trouble spots – whether in patients, prescribers, distributors or manufacturers. The OIG Toolkit with free SAS® programming code makes that possible.
- Article Payment fraud evolves fast – can we stay ahead?Payment fraud happens when a criminal steals a person’s private payment information, then uses it for an illegal transaction. As payment trends evolve, so do the fraudsters. Banks and PSPs can fight back with advanced analytics techniques that adapt quickly to spot anomalies in behavior.
- Article Online payment fraud stops hereBillions of dollars each year are lost to online payment fraud through channels that provide convenient – yet vulnerable – ways to shop and bank. See how to fight back and win with advanced analytics.
- Article Continuous monitoring: Stop procurement fraud, waste and abuse nowProcurement fraud, waste and abuse silently robs businesses an average of 5% of spend annually. And even when organizations invest in detection methods, they’re often let down by their techniques. Learn what continuous monitoring is and why this proven analytical method is key to fighting back.
- Article Risk data infrastructure: Staying afloat on the regulatory floodWhat are the challenges of a risk data infrastructure and how can they be addressed? Here's what you need to know to build an effective enterprise risk and finance reporting warehouse that will effectively address compliance requirements.
- Article Are you good at scoring?Credit scoring is the foundation for evaluating clients who apply for a loan (or other types of exposure for the bank). It is not unusual for it to take up to 12 months to build and deploy a new credit scoring model. Reforming the process will help minimize losses, increase earnings and reduce operational risk.
- Article Understanding capital requirements in light of Basel IVMany financial firms are already using a popular 2012 PIT-ness methodology for internal ratings-based models. This article examines eight ways the industry is successfully using the methodology – and why this approach can bring synergies for banks, value for regulators, and major competitive advantages.
- Article IFRS 9 and CECL: The challenges of loss accounting standardsThe loss accounting standards, CECL and IFRS 9, change how credit losses are recognized and reported by financial institutions. Although there are key differences in the standards for CECL (US) and IFRS 9 (international), both require a more forward-looking approach to credit loss estimation.