Jet Global

DECEMBER 21, 2020

In the more modern terminology of business, we could rephrase that to say “be careful about concentration risk.”. When an organization is too reliant on one company or market segment to drive revenue or ensure an adequate product supply, it creates concentration risk. Vendor Concentration Risk. Fourth-Party Concentration Risk.

Risk 98

Risk Sales Reporting Forecasting 98

Smart Data Collective

MARCH 2, 2023

One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Big data helps businesses address cash flow needs A growing number of companies use big data technology to improve their financing. In 2023, big data Is no longer a luxury.

Big Data 105

Big Data Uncertainty Risk Data mining 105

Cloudera

NOVEMBER 24, 2020

This year, OVO has done just that, setting itself apart to win the Data Champions category at our 2020 Data Impact Awards. This category recognizes organizations whose IT administration provides the agility a business requires, without putting the business at risk, and embraces a pattern of technology adoption that prioritizes speed.

Insurance 74

Insurance Marketing Risk Machine Learning 74

Smart Data Collective

APRIL 16, 2021

The World Economic Forum has included cyber-attacks and data breaches in the list of top global risks in 2020. Although the threat hovers over every company, highly regulated industries, like legal, finance, education, healthcare, and publishing industry suffer the most amount of damage followed by a cybersecurity breach.

Data-driven 144

Data-driven Enterprise Data Processing Risk 144

bridgei2i

MAY 17, 2021

5 Ways AI Is Transforming The Finance Industry. AI is becoming a powerful ally of the finance sector, offering the opportunity for better and more customized services, cost reduction, examine cash, credit, and investment changes in real-time, and generating new revenue streams. There are multiple benefits of AI in the finance industry.

Finance 52

Finance Unstructured Data Risk Management Cost-Benefit 52

Smart Data Collective

NOVEMBER 3, 2021

They currently spend just under $4 billion in 2020. The Deloitte report says that in the second quarter of 2020 the largest 100 banks in the USA reported $103.4 2020 became the year when a lot of customers first experienced their remote interaction with banks and enjoyed it. The banking industry is among them.

Software 138

Software Data-driven Interactive Insurance 138

Jet Global

JANUARY 7, 2021

In 2020, Certent appeared on the Inc. This results in reduced risk, tightened compliance, improved productivity, and higher employee satisfaction. founded in 2002, helps customers elevate their business with smart, intuitive solutions for modern finance. Certent, Inc., The post insightsoftware Acquires Certent, Inc.

Finance 105

Finance Reporting Software Forecasting 105

Jet Global

JANUARY 4, 2021

As organizations work through their 2020 year-end closes, it’s likely that many are only now beginning to realize the full extent of the chaos inflicted by the pandemic. The events of 2020 were nearly impossible to predict and almost as impossible to confidently respond to. This isn’t surprising, though.

Forecasting 98

Forecasting Finance Testing Sales 98

CIO Business Intelligence

SEPTEMBER 9, 2024

But Stephen Durnin, the company’s head of operational excellence and automation, says the 2020 Covid-19 pandemic thrust automation around unstructured input, like email and documents, into the spotlight. “We Close Brothers is taking the power of Document Understanding beyond its Wholesale Finance operation, too.

Finance 118

Finance Dashboards Sales Testing 118

erwin

JULY 9, 2020

In Glassdoor’s 25 Best Jobs in the UK for 2020 report , enterprise architect came out on top. It is “the first technology role to be named the ‘best job in the UK,’ beating marketing, finance and ops roles that have traditionally taken the top spot,” according to Amanda Stansell, Senior Economic Research Analyst at Glassdoor.

Enterprise 145

Enterprise Data Architecture Data-driven Digital Transformation 145

Smart Data Collective

JUNE 30, 2023

Managing personal finances is becoming more complex with various investment options, debt strategies, and budgeting tools. AI is now used to assist people in improving their financial literacy and managing their finances better. Personal finance management involves tracking income, expenses, and investments.

Insurance 113

Insurance Finance Cost-Benefit Strategy 113

Jet Global

OCTOBER 21, 2020

The way we perceive business risk, and how we manage it, is fundamentally different for every finance leader on the planet. Even the most careful and diligent financial planning process is vulnerable, running the risk of being obsolete. Why change the process? What is continuous planning?

Forecasting 98

Forecasting Finance Business Driver Key Performance Indicator 98

Smart Data Collective

SEPTEMBER 22, 2021

The risk of data breaches will not decrease in 2021. Data breaches and security risks happen all the time. One bad breach and you are potentially risking your business in the hands of hackers. No matter what the malicious activity is, at the core most cybercrime is finance-driven. It is still a vulnerable place.

Statistics 133

Statistics Risk Measurement Software 133

Jet Global

MAY 18, 2020

In our world, the most successful finance teams and CFOs are champions of something called “financial intelligence,” which underpins everything they do. Financial intelligence isn’t software: It’s how best-in-class finance teams operate. This article originally appeared in Global Banking & Finance Review on May 18, 2020.

Finance 64

Finance Reporting Uncertainty Testing 64

Smart Data Collective

MAY 10, 2022

For example, banks now apply AI to assess credit risks with high accuracy. billion in 2020. They include; Credit risk assessment. Credit risk assessment entails estimating the probability of a prospective borrower failing to repay a loan. billion to bank fraud in 2021 , up 70% from 2020.

Marketing 128

Marketing Technology Insurance Machine Learning 128

Smart Data Collective

MARCH 16, 2022

Last year, in an article that talked about the impact big data has on finance, we said that location data sets can make investing easier. Companies spent nearly $11 billion on financial analytics in 2020. Today, we are going to look at the potential influence big data has on personal finance in detail.

Big Data 129

Big Data Deep Learning Finance Data-driven 129

CDW Research Hub

OCTOBER 19, 2021

The combined company would have had 2020 net sales of $20.5 One of the largest IT solutions integrators in the United States, Sirius generated 2020 net sales of $2.04 Combining with Sirius is expected to expand CDW’s Services portfolio by approximately 45%, from approximately $900 million annual net sales in 2020 to approximately $1.3

Uncertainty 102

Uncertainty Sales Finance Cost-Benefit 102

Smart Data Collective

SEPTEMBER 27, 2020

They state that this warrants the need to invest in AI to fight money laundering in 2020. These include, but are not limited to, financial fraud, money laundering, terrorist financing, and evasion of sanctions. As many experts point out, the conventional AML approaches are struggling to address the growing concern of money laundering.

Machine Learning 136

Machine Learning Cost-Benefit Software Risk 136

Cloudera

DECEMBER 11, 2020

A recent McKinsey survey, cited in CRN , shows that worldwide, 58 percent of customer interactions were digital as of July 2020. Insurance and finance are two industries that rely on measuring risk with historical data models. To facilitate risk modeling in this new normal, agility and flexibility is required.

Insurance 95

Insurance Digital Transformation Unstructured Data Machine Learning 95

Jet Global

MARCH 4, 2020

This post will take you through the 30 top manufacturing KPIs and metrics to use in your 2020 reporting, how they are calculated, and how you can streamline your reporting process using manufacturing specific reporting software. While this is important, what if you could grow your bottom line without having to take on expansion risks?

Manufacturing 80

Manufacturing Metrics Reporting KPI 80

Jet Global

JANUARY 2, 2020

While BI tools serve many lines of business well and have their obvious merits, they often don’t hit the mark in finance. Finance teams’ reporting needs are too specialised for modern BI tools, so finance needs something different. But this does not solve the problem for finance, either.

Finance 52

Finance Management Data Warehouse Recreation/Entertainment 52

Smart Data Collective

JUNE 22, 2022

By 2020, half of all payments in the UK were made by card, more than a quarter (27%) using contactless. For businesses and customers, removing cash also reduces the risk of payment fraud from counterfeit notes (which are a bigger issue than card payment fraud). Big data has brought many changes to the future of finance.

Big Data 119

Big Data Finance Risk Reporting 119

Smart Data Collective

SEPTEMBER 23, 2023

If you’re a consumer, you might not even know that your new smart TV or refrigerator can put your data at risk. But every office and home has a lot of IoT devices that can put their privacy at risk or open them up to possible hacking. You assume that the technology that you buy is safe against possible cyberattacks — as it should be.

IoT 128

IoT Internet of Things Manufacturing Marketing 128

CDW Research Hub

DECEMBER 2, 2021

CDW has raised permanent financing for this transaction and has an initial net leverage ratio of approximately 3.3x Initial net leverage ratio is as of period-end September 30, 2021, combined with the incremental permanent financing for the transaction. The Company will continue to target deleveraging to approximately 2.5x

Uncertainty 93

Uncertainty Cost-Benefit Finance Risk 93

Smart Data Collective

SEPTEMBER 26, 2022

People use finances daily, but it doesn’t mean they are completely protected from data breaches. It happened in 2020 when 24 million customers’ data was stolen after a South African employee fell victim to a threat actor by relinquishing a series of crucial, sensitive information. Big data is causing a number of data breaches.

Finance 131

Finance Consulting Big Data Risk 131

Smart Data Collective

MARCH 10, 2022

So, why are over three-quarters of students anxious about their current finances? Sarah Riley, a research economist with the University of North Carolina wrote an paper in 2020 titled Predictive Analytics for Reducing Student Loan Default. Big Data Helps Understand the Nature of the Student Loan Crisis.

Data Analytics 128

Data Analytics Analytics Big Data Cost-Benefit 128

CDW Research Hub

JANUARY 22, 2020

While the looming threat of hackers and security breaches should not be taken lightly, the good news is companies can mitigate risks commonly associated with breaches and safely migrate their database(s) to the cloud with proper planning, insight and preventive measures. So how do you keep your business out of the security breach headlines?

Measurement 52

Measurement Consulting Finance Risk 52

Jet Global

JANUARY 6, 2021

Also, with the shift to more remote working in 2020 , it’s easier to provide access to critical business software via the cloud than for organizations to manage VPNs and security on their own to support distributed teams. Going forward, Microsoft will focus its efforts on just those two ERP products.

Cost-Benefit 98

Cost-Benefit Testing Finance Reporting 98

CIO Business Intelligence

OCTOBER 23, 2023

A poll of public and private sector leaders in the latest World Economic Forum’s Global Risk Report 2022 found that environment-related threats, including climate action failure and extreme weather events, topped the lists of short and long-term global risks. To date, we have issued USD $4.9

Strategy 104

Strategy Data Processing Risk Finance 104

CIO Business Intelligence

APRIL 28, 2023

Hirschhorn, who joined the bank in late 2020, has worked in financial services for over three decades, during which the finance industry’s concerns about data have changed significantly. Being able to identify which of many loans have been made to the same person or company is also important for banks to manage their risk exposure.

Software 141

Software Data-driven Marketing Machine Learning 141

Smart Data Collective

FEBRUARY 2, 2021

In 2020, the size of the global Big Data market reached 56 billion, and it’s on track to exceed 103 billion by 2027. Finance has changed considerably in the past decade, and most of the innovations that we now take for granted are now possible thanks to Big Data. Big data is becoming a lot more important in the field of finance.

Big Data 106

Big Data Recreation/Entertainment Cost-Benefit Finance 106

Jet Global

NOVEMBER 23, 2020

Anyone in finance should know about Deloitte. However, the use of an employee stock option plan (ESO) falls directly under the jurisdiction of the finance department. Are you familiar with the 50-30-20 method for personal finance? As a CFO, it is your job to address the financial risk of your business.

KPI 52

KPI Finance Dashboards Data Processing 52

CIO Business Intelligence

MARCH 22, 2022

He has worked across sectors including payments, finance, and trading and has held leadership positions at Dhani, Droom, and PayPal. At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. . He will be based in Gurugram.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

Jet Global

JUNE 22, 2023

They believe in the digital finance transformation, and their posts focus on embracing change. Deloitte CFO Articles & Insights Link: [link] Anyone in finance should know about Deloitte. However, the use of an employee stock option plan (ESO) falls directly under the jurisdiction of the finance department.

KPI 105

KPI Finance Dashboards Digital Transformation 105

CIO Business Intelligence

MAY 19, 2022

While alt data may be used across an organization, from marketing and sales to finance and strategy functions, IT departments are often responsible for management and ownership of third-party data. One way to mitigate these risks is to look to industry consortia to identify reliable data sources. Finding appropriately skilled staff.

Data Science 105

Data Science Modeling Risk Machine Learning 105

Jet Global

NOVEMBER 16, 2020

Rapid advances in technology are helping to transform the way organizations carry out scenario planning, allowing them to adapt a continuous planning mindset to other areas of finance, such as tax. Discover our top tips for achieving tax agility in 2020. Understand how to reduce tax errors and improve productivity.

Forecasting 98

Forecasting Snapshot Finance Recreation/Entertainment 98

CIO Business Intelligence

MAY 28, 2022

According to a 2020 Experian report [1] , 1 out of 3 customers will abandon their online shopping carts if it takes longer than 30 seconds to complete an online transaction. But the fear that their credit card information is at risk is not the only thing to worry about.

Reporting 122

Reporting Risk Finance IT 122