Remove Forecasting Remove Insurance Remove Uncertainty
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What your CFO really needs in periods of economic uncertainty

CIO Business Intelligence

The pressure is on to navigate economic uncertainty. growth underscores how inflation, interest rate fluctuations, and consumer spending are reshaping forecasts, investment portfolios, and the CIO agenda. All things related to maintaining the systems to land, expand, and renew business at forecasted volumes are no brainers.

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Marsh McLennan IT reorg lays foundation for gen AI

CIO Business Intelligence

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. With Databricks, the firm has also begun its journey into generative AI.

IT 122
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Marsh McLellan IT reorg lays foundation for gen AI

CIO Business Intelligence

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. With Databricks, the firm has also begun its journey into generative AI.

IT 105
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Beyond the status quo: Harnessing data and AI to drive transformational value in private equity

CIO Business Intelligence

Forecasts have suggested that market dynamics are changing and that the private equity is poised to expand at an annualized growth rate of 12.8% to double in AUM from $5.8T in 2023 to $12T by 2029, achieving that goal will require a fundamental re-think of the traditional private equity business model.

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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 7: The Impact of COVID-19 on Financial Services & Risk Management

bridgei2i

Additionally, institutions are finding it difficult to forecast trends, as historical data isn’t relevant anymore. And then there’s uncertainty on when this will come back to normal, what will it settle down as, etc. I can’t exactly forecast my losses, cross sell and growth hence becomes tougher decisions to make.

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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 10: COVID-19 | Evolving Trends of Digital Transformation

bridgei2i

This is probably the first time ever that we are witnessing a demand, a supply, and also a resource uncertainty. And if you’re a banker or an insurer, you’re probably busy figuring out how to measure these risks, mobilize these resources, and fund capital that’s going to provide strong growth. These are strange times.

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CIOs press ahead for gen AI edge — despite misgivings

CIO Business Intelligence

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 141