As the United States, unfortunately, moves closer and closer to 100 bank failures this year, risk managers must look deeper and deeper at risk levels across portfolios. The ability to assess and visualize the risk in loan portfolios in light of continued bank failures and economic troubles is of utmost importance… Read More →
According to the latest edition of the Kroll Annual Global Fraud Report, the financial services industry is being most severely hit by fraud in the current economic downturn. Kroll notes that the financial services industry is extremely vulnerable to fraud due to “the reduction in internal controls, pay cuts, reduced… Read More →
The TIBCO User Group has been announced for 2010. Previous TUCONs have had some excellent TIBCO CEP customer presentations (Citi, SouthWest Airlines, AllState, to name but a few). Should be good to see some new names next year, as well as the inevitable and exciting product updates…
One irony of the recession’s cost-cutting and economizing is the money required to do it – memos explaining new policies, meetings and training for staff, and other expenses maybe even the business intelligence reports and analytics to see if you’re actually saving money. Bruce Myatt hits the nail on… Read More →
Business intelligence is often thought of as providing data and answers for finance and operations departments. Yes, that’s how many companies use business intelligence, but many others apply business intelligence in other areas of the company. For pharmaceuticals, business intelligence provides untold value in analyzing sales metrics – delivering sales performance management.
Brenda Michelson blogged on a topic I’ve not come across before – the idea of “technical debt” as a metric of the software development process – and refers to a discussion on this by Steve McConnell. So one wonders: how does a technology like complex event processing impact technical debt… Read More →
Checking through the presentations and workshops for IRMUK’s Business Analysis (and BPM) 2009 conference last month, I thought it would be interesting to see much focus there was on business event modeling. Probably the star (from the event perspective) was James Archer from the Royal Borough of Kensington and Chelsea… Read More →
When thinking about business intelligence applications, most of us naturally think about big corporate applications. But even the National Marine Fisheries Service (NMFS), which is part of the National Oceanic and Atmospheric Administration (NOAA), needs business intelligence. In fact, last year, NMFS issued a report on its need for enterprise data management and business intelligence.