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The trinity of errors in financial models: An introductory analysis using TensorFlow Probability

O'Reilly on Data

Yet, finance textbooks, programs, and professionals continue to use the normal distribution in their asset valuation and risk models because of its simplicity and analytical tractability. Time-variant distributions for asset values and risks are the rule, not the exception. Bayesian Risk Management , by Matt Sekerke, Wiley, 2015.

Modeling 207
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From Bolts to Bots: How AI Is Fortifying the Automotive Industry

Smart Data Collective

This AI could be utilized as a safety feature , like real-time risk assessment, for example, alerting the driver when a potential incident has been detected. The automotive market penetration of AI has increased by 100% since 2015. Providing the most benefit to customers while fortifying and mitigating current and future risks.

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Hasso Plattner stepping down signals another turning point at SAP

CIO Business Intelligence

We were very lucky and in the right place at the right time,” Hopp said in a 2015 interview with NWZ. The technology formed the basis for the new ERP product generation S/4HANA, launched in 2015. Our startup phase lasted about 10 to 15 years.” After the IPO in 1988, Hopp and Plattner shared power at SAP by mutual agreement.

Finance 116
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Information Builders and Capital Markets Consulting Launch Global Partnership to Address Risk Management

Information Builders

Today at the 2015 CEB Financial Services Technology Summit, Information Builders, a leader in business intelligence ( BI ) and analytics, information integrity, and integration solutions, announced a global partnership with Capital Markets Consulting to help banks, investment managers, and regulators facilitate improved data analysis and enable better (..)

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Transforming IT from cost center to catalyst

CIO Business Intelligence

In 2015, we attempted to introduce the concept of big data and its potential applications for the oil and gas industry. As we navigate this terrain, it’s essential to consider the potential risks and compliance challenges alongside the opportunities for innovation. Risk management is essential, but it shouldn’t stifle innovation.

IT 122
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4 of the Biggest Data Breaches in Banking

Smart Data Collective

Since the 2008 breach, Heartland Payment Systems suffered another data breach in 2015, when their Santa Ana, California office experienced a break-in. Similarly, the Royal Bank of Scotland suffered the same type of cyber attack on its online services back in 2015, which lasted for 50 minutes. Tesco Bank.

Finance 131
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How AI is helping the NFL improve player safety

CIO Business Intelligence

For example, in 2015 the league dramatically increased its data collection efforts by equipping all players with RFID sensors that pinpoint every player’s field position, speed, distance traveled, and acceleration in real-time. This season, the NFL has worked closely with Amazon Web Services (AWS) to debut a new joint effort: Digital Athlete.