Risk management strategies for finding universal portfolios

Esther Mohr, Robert Dochow
2016 Annals of Operations Research  
All industries have similar and pressing needs to increase visibility and control over progressively more detailed aspects of their operations. The increasing breadth and capability of technology, both hardware and software, and the integration between operational systems means that embedding analytics to drive better decisions is a must have -simple reports and dashboards don't offer the actionable insight needed. Combining monitoring (Business Intelligence) and actionable insight (Predictive
more » ... nalytics) allows organisations to take control of the many touch points between consumers and systems, often in real-time. Cognitive computing systems overcome the challenge of creating, integrating and managing unstructured, analogue-text data through a massively parallel processing system. This, in turn, enables the system to evolve response guidelines and policies as new material is added to the data set. To rise to the challenge of a landscape of operational complexity organisations are moving their analytics from traditional statistics, through predictive models, into cognitive analytics. This talk addresses the key levers to successful use of analytics in organisations, including case studies, and considers the emerging area of cognitive computing systems applied to the field of analytics.
doi:10.1007/s10479-016-2176-6 fatcat:t75t7tv4evg3zpavb3dvq5ugnq