Remove 2009 Remove Insurance Remove Risk
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Financial services firms turn to automated, data-driven processes for new products and services

CIO Business Intelligence

Between the host of regulations introduced in the wake of the 2009 subprime mortgage crisis, the emergence of thousands of fintech startups, and shifting consumer preferences for digital payments banking, financial services companies have had plenty of change to contend with over the past decade.

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IT leaders adjust budget priorities as economic outlook shifts

CIO Business Intelligence

Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. Megan Duty, VP of technology and project delivery, Puritan Life Insurance Company of America. We’re nowhere near the saturation point,” says IDC’s Minton.

IT 132
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What is a Scrum master? A key role for project success

CIO Business Intelligence

Scrum.org was founded in 2009 by Ken Schwaber and Jeff Sutherland, the originators of Scrum, as a “global organization, dedicated to improving the profession of software delivery by reducing the gaps, so the work and work products are dependable.” Develop strategies for managing risks, as well as risk tracking.

Software 126
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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 6: The Impact of COVID-19 on Supply Chain Management

bridgei2i

It is even more essential now that supply chains are empowered with a high standard of data and analytics sophistication to be able to cost-effectively serve the company’s purpose and combat risks at the same time. You know, Chief Risk Officers, for example, will no longer be confined to the credit industry. Anushruti: Perfect.

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How Data Lineage Improves Data Compliance

Octopai

Banks didn’t accurately assess their credit and operational risk and hold enough capital reserves, leading to the Great Recession of 2008-2009. Insurance companies misvalued or misreported on insurance contracts (which, to be fair, are notoriously hard to compare with precision). Enter: BCBS 239! Please welcome: IFRS 17!

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12 famous ERP disasters, dustups and disappointments

CIO Business Intelligence

While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.” ERP pains are a recurring illness for Invacare, which also had problems with an earlier upgrade between 2005 and 2009. million over the following nine months. By March 2019, things were slipping.

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Fact-based Decision-making

Peter James Thomas

The above is a somewhat simple metric, in a section of Using historical data to justify BI investments – Part I , I cover some actual Insurance industry metrics that build on each other and are a little more convoluted. Especially for all Business Analytics professionals out there (2009). [7]. One of my Top Ten films. [6].