Financial institution advantage and the optimization of information processing
A PROVEN APPROACH FOR CREATING and IMPLEMENTING EFFECTIVE GOVERNANCE for DATA and ANALYTICS Financial Institution Advantage and the Optimization of Information Processing offers a key resource for understanding and implementing effective data governance practices and data modeling within financial...
| Otros Autores: | |
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Hoboken, New Jersey :
John Wiley & Sons
2015.
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| Edición: | 1st edition |
| Colección: | Wiley and SAS business series.
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009629134506719 |
Tabla de Contenidos:
- Cover; Title Page; Copyright; Contents; Introduction; Acknowledgments; Chapter 1 Financial Institutions as Information Processors; Financial Institutions' Raison d'Etre; Low Barriers to Entry; Technical Core Products and Services Offered (Financial Intermediation and Disintermediation and Risk Pooling); Cultural Issues; The Senior Leadership Component; Outsourcing and the Culture of Failure; IT Literacy and the Spreadsheet Deluge; Other Challenges to Establishing an IT-Savvy Culture; Notes; Chapter 2 Strategic Hardware and Software Management; Overview; Storage and Retrieval; Data Processing
- Analytics and Reporting Strategic Resource Management; An Integrated Data Architecture; The Data Hub Approach; Organizing System Components; Information Processing Efficiency as an Institutional Objective; System Design Considerations; The Human Capital Component; A Digression on Unstructured Data; Notes; Chapter 3 Data, Models, and Information; Model Risk Mania; Model-Based Financial Products Boom; The Model Governance Industry Wakes Up; Definitions and Epistemology; Data Quality; Models and Their Role; A Classic Example: Probability of Default Models; Other Examples
- Models and the Value of Information Creation Regulatory Regimes and Guidance; SR 11-7; Basel II and Solvency II; Comprehensive Capital Analysis and Review (CCAR); The Sarbanes-Oxley Act (SOX); Principles-Based Reserving (PBR) for Insurance Products; Notes; Chapter 4 Model Risk Measurement; Three Phases of Model Management; Model Governance; Defining Model Risk; Objectifying the Downside; Risk Identification; Model Risk Exposure; Model Risk Attribution: An Information Entropy Approach; Notes; Chapter 5 The Return on Analytic Assets; Measuring the Productivity of Models
- Complementarity of Data Inflow with Information Processing A Digression on Price Taking; Notes; Chapter 6 Data Risk Measurement; Strategic Data Acquisition; The Information Conversion Rate; Other Approaches for Data Risk Assessment; Notes; Chapter 7 A Higher Level of Integration; Alternate Views of Integration; Identifying Key Information Cycles; An Integrated Physical View; Multidimensional Information Asset Management; Chapter 8 A Strategy for Optimizing the Information Processing Complex; Evaluation; A Path toward Improvement; Model Governance; Data Acquisition
- Managing Overlapping Vintages Notes; Chapter 9 Case Studies; The Pricing of Automobile Insurance; Moody's KMV; The London Whale; The Mortgage-Backed Securities Disaster; The Value of Annuities; Notes; Chapter 10 Conclusions; References; About the Author; Index; EULA
