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Autore: | Keenan Sean C. <1961-> |
Titolo: | Financial institution advantage and the optimization of information processing / / Sean C. Keenan |
Pubblicazione: | Hoboken, New Jersey : , : John Wiley & Sons, , 2015 |
©2015 | |
Edizione: | 1st edition |
Descrizione fisica: | 1 online resource (227 p.) |
Disciplina: | 332.10285 |
Soggetto topico: | Financial services industry - Data processing |
Financial services industry - Information technology | |
Financial institutions - Management | |
Note generali: | Description based upon print version of record. |
Nota di bibliografia: | Includes bibliographical references and index. |
Nota di contenuto: | 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 | |
Sommario/riassunto: | 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 organizations. Sean Keenan-a noted expert on the topic-outlines the strategic core competencies, includes best practices, and suggests a set of mechanisms for self-evaluation. He shows what it takes for an institution to evaluate its information processing capability and how to take the practical s |
Titolo autorizzato: | Financial institution advantage and the optimization of information processing |
ISBN: | 1-119-05322-6 |
1-119-05330-7 | |
1-119-05304-8 | |
Formato: | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione: | Inglese |
Record Nr.: | 9910140478003321 |
Lo trovi qui: | Univ. Federico II |
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