Customer Data Integration
Reaching a Single Version of the Truth
Part 7 of the Wiley and SAS Business series
Whatever business you're in, you're ultimately in the customer business. No matter what your product, customers pay the bills. But the strategic importance of customer relationships hasn't brought companies much closer to a single, authoritative view of their customers. Written from both business and technical perspectives, Customer Data Integration shows companies how to deliver an accurate, holistic, and long-term understanding of their customers through CDI.
Enterprise Risk Management
A Methodology for Achieving Strategic Objectives
Part 20 of the Wiley and SAS Business series
Written for enterprise risk management (ERM) practitioners who recognize ERM’s value to their organization, “Enterprise Risk Management: A Methodology for Achieving Strategic Objectives” thoroughly examines operational risk management and allows you to leverage ERM methodology in your organization by putting author and ERM authority Gregory Monahan's Strategic Objectives At Risk (SOAR) methodology to work. A must-read for anyone interested in risk management as a strategic, value-adding tool, this no-nonsense book shows you how to use ERM and SOAR to empower your company to go from stuck to competitive.
Performance Management
Integrating Strategy Execution, Methodologies, Risk, and Analytics
Part 21 of the Wiley and SAS Business series
Synopsis currently unavailable.
Credit Risk Assessment
The New Lending System for Borrowers, Lenders, and Investors
Part 22 of the Wiley and SAS Business series
Credit derivatives as a financial tool has been growing exponentially from almost nothing more than seven years ago to approximately US$5 trillion deals completed by end of 2005. This indicates the growing importance of credit derivatives in the financial sector and how widely it is being used these days by banks globally. It is also being increasingly used as a device of synthetic securitisation. This significant market trend underscores the need for a book of such a nature.
Kothari, an undisputed expert in credit derivatives, explains the subject matter using easy-to-understand terms, presents it in a logical structure, demystifies the technical jargons and blends them into a cohesive whole.
This revised book will also include the following:
-New credit derivative definitions
-New features of the synthetic CDO market
-Case studies of leading transactions of synethetic securitisations
-Basle II rules-The Consultative Paper 3 has significantly revised the rules, particularly on synthetic CDOs
-Additional inputs on legal issues
-New clarifications on accounting for credit derivatives/credit linked notes
The New Know
Innovation Powered by Analytics
Part 23 of the Wiley and SAS Business series
Learn to manage and grow successful analytical teams within your business
Examining analytics-one of the hottest business topics today-The New KNOW argues that analytics is needed by all enterprises in order to be successful. Until now, enterprises have been required to know what happened in the past, but in today's environment, your organization is expected to have a good knowledge of what happens next.
This innovative book covers
• Where analytics live in the enterprise
• The value of analytics
• Relationships betwixt and between
• Technologies of analytics
• Markets and marketers of analytics
The New KNOW is a timely, essential resource to staying competitive in your field.
The Data Asset
How Smart Companies Govern Their Data for Business Success
Part 24 of the Wiley and SAS Business series
An expert's insider secrets to how successful CEOs and directors shape, lead, and oversee their organizations to achieve corporate goals.
“Governance, Risk Management, and Compliance” shows senior executives and board members how to ensure that their companies incorporate the necessary processes, organization, and technology to accomplish strategic goals. Examining how and why some major companies failed while others continue to grow and prosper, author and internationally recognized expert Richard Steinberg reveals how to cultivate a culture, leadership process and infrastructure toward achieving business objectives and related growth, profit, and return goals.
• Explains critical factors that make compliance and ethics programs and risk management processes really work
• Explores the board's role in overseeing corporate strategy, risk management, CEO compensation, succession planning, crisis planning, performance measures, board composition, and shareholder communications
• Highlights for CEOs, senior management teams, and board members the pitfalls to avoid and what must go right for success
• Outlines the future of corporate governance and what's needed for continued effectiveness
• Written by well-known corporate governance and risk management expert Richard Steinberg
“Governance, Risk Management, and Compliance” lays a sound foundation and provides critical insights for understanding the role of governance, risk management, and compliance and its successful implementation in today's business environment.
Bank Fraud
Using Technology to Combat Losses
Part 25 of the Wiley and SAS Business series
Learn how advances in technology can help curb bank fraud
Fraud prevention specialists are grappling with ever-mounting quantities of data, but in today's volatile commercial environment, paying attention to that data is more important than ever. Bank Fraud provides a frank discussion of the attitudes, strategies, and most importantly, the technology that specialists will need to combat fraud.
Fraudulent activity may have increased over the years, but so has the field of data science and the results that can be achieved by applying the right principles, a necessary tool today for financial institutions to protect themselves and their clientele. This resource helps professionals in the financial services industry make the most of data intelligence and uncovers the applicable methods to strengthening defenses against fraudulent behavior. This in-depth treatment of the topic begins with a brief history of fraud detection in banking and definitions of key terms, then discusses the benefits of technology, data sharing, and analysis, along with other in-depth information, including:
• The challenges of fraud detection in a financial services environment
• The use of statistics, including effective ways to measure losses per account and ROI by product/initiative
• The Ten Commandments for tackling fraud and ways to build an effective model for fraud management
“Bank Fraud” offers a compelling narrative that ultimately urges security and fraud prevention professionals to make the most of the data they have so painstakingly gathered. Such professionals shouldn't let their most important intellectual asset-data-go to waste. This book shows you just how to leverage data and the most up-to-date tools, technologies, and methods to thwart fraud at every turn.
Mastering Organizational Knowledge Flow
How to Make Knowledge Sharing Work
Part 26 of the Wiley and SAS Business series
Get your organization's expertise out of its silos and make it flow-with lessons from over a decade of experience
Looking at knowledge management in a holistic way, Mastering Organizational Knowledge Flow: How to Make Knowledge Sharing Work puts the proper emphasis on non-technical issues. As knowledge is deeply connected to humans, the author moves away from the often overused and therefore burned-out term "knowledge management" to the better-suited term "knowledge flow management."
• Provides lessons learned and case studies from real experience
• Discusses key knowledge flow components, success factors and traps, and where to start
Covering topics such as the power of scaling, internal marketing, measuring success, cultural aspects of sharing, and the role of Web2.0, Mastering Organizational Knowledge Flow: How to Make Knowledge Sharing Work allows you to stay up-to-date with today's knowledge flow management, and implement best practices to position your organization to take advantage of all of its assets.
The Business Forecasting Deal
Exposing Myths, Eliminating Bad Practices, Providing Practical Solutions
Part 27 of the Wiley and SAS Business series
Practical-nontechnical-solutions to the problems of business forecasting
Written in a nontechnical style, this book provides practical solutions to common business forecasting problems, showing you how to think about business forecasting in the context of uncertainty, randomness and process performance.
• Addresses the philosophical foundations of forecasting
• Raises awareness of fundamental issues usually overlooked in pursuit of the perfect forecast
• Introduces a new way to think about business forecasting, focusing on process efficiency and the elimination of worst practices
• Provides practical approaches for the non-statistical problems forecasters face
• Illustrates Forecast Value Added (FVA) Analysis for identifying waste in the forecasting process
Couched in the context of uncertainty, randomness, and process performance, this book offers new, innovative ideas for resolving your business forecasting problems.
CIO Best Practices
Enabling Strategic Value With Information Technology
Part 34 of the Wiley and SAS Business series
Violence between children is a controversial and frequently misunderstood issue, one that has seen media-fuelled moral panic come to dominate public perceptions and debate. “Children Behaving Badly?” presents a powerful challenge to commonly held beliefs about peer violence and portrays it as an important child welfare concern.
By gathering together the most updated international research and expert commentary on peer violence issues from across the childhood spectrum, this volume directly addresses the complexity of this troubling issue from a range of multidisciplinary disciplines and perspectives. Contributions throughout the text reveal how childhood is not a homogenous experience but fragmented by gender, ethnicity, sexuality and poverty, which are each addressed within specific chapters. Other issues explored include pre-school children and peer violence, bullying, youth gangs, knife crime, teenage partner violence, sibling abuse, homophobia, international media depictions of violent youth, and implications for professionals working with children and young people.
Throughout the text, new and original research insights are presented with the goal of providing the reader with a greater understanding of the safeguarding of children and young people from this form of violence. “Children Behaving Badly?” is essential reading for policy makers, researchers, students, and practitioners from a wide range of child welfare disciplines about a highly topical and complex social problem.
Social Network Analysis in Telecommunications
by Carlos Andre Reis Pinheiro
Part 37 of the Wiley and SAS Business series
Modern portfolio theory (MPT), which originated with Harry Markowitz's seminal paper "Portfolio Selection" in 1952, has stood the test of time and continues to be the intellectual foundation for real-world portfolio management. This book presents a comprehensive picture of MPT in a manner that can be effectively used by financial practitioners and understood by students.
“Modern Portfolio Theory” provides a summary of the important findings from all of the financial research done since MPT was created and presents all the MPT formulas and models using one consistent set of mathematical symbols. Opening with an informative introduction to the concepts of probability and utility theory, it quickly moves on to discuss Markowitz's seminal work on the topic with a thorough explanation of the underlying mathematics.
• Analyzes portfolios of all sizes and types, shows how the advanced findings and formulas are derived, and offers a concise and comprehensive review of MPT literature
• Addresses logical extensions to Markowitz's work, including the Capital Asset Pricing Model, Arbitrage Pricing Theory, portfolio ranking models, and performance attribution
• Considers stock market developments like decimalization, high frequency trading, and algorithmic trading, and reveals how they align with MPT
• Companion Website contains Excel spreadsheets that allow you to compute and graph Markowitz efficient frontiers with riskless and risky assets
If you want to gain a complete understanding of modern portfolio theory this is the book you need to read.
Branded!
How Retailers Engage Consumers with Social Media and Mobility
Part 39 of the Wiley and SAS Business series
Written through the eyes of retail and technology executives, Branded! explores retailers who are successfully implementing social media and mobility strategies.
Market-leading retailers are engaging technology-savvy customers though social media and mobility. Branded! reveals how these digital communication channels are an extension of a retailer's culture and strategy resulting in building brand equity. Comprehensive reviews of Starbucks, Zappos, Wet Seal, Macy's, 1-800-Flowers.com, JCPenney, Pizza Hut and Best Buy are featured. Branded!:
• Provides a clear review of social media as well as the rapid changes in the development and use of mobility.
• Demonstrates why retailers cannot 'wait and see', and must move rapidly
• Shows how each company's social media and mobility initiatives are based on the individual personality of the company.
• Discusses sophisticated analytic tools that enable retailers to measure their performance and make informed decisions on the data.
The Executive's Guide to Enterprise Social Media Strategy
How Social Networks Are Radically Transforming Your Business
Part 42 of the Wiley and SAS Business series
Social media has already transformed society. Now it is poised to revolutionize communications and collaborative business processes. This book provides you with an actionable framework for developing and executing successful enterprise social networking strategies. Using straightforward language, accompanied by exhibits and fleshed out with real-world stories and revealing anecdotes, you will learn how to develop your own internal corporate social media strategy. Through the use of in-depth interviews with leading companies using these strategies, you will also discover best practices that will propel your business to new heights.
The Value of Business Analytics
Identifying the Path to Profitability
Part 43 of the Wiley and SAS Business series
TURN YOUR CHALLENGES INTO SUCCESSES — LEARN HOW AND WHY SOME TEAM STRUGGLE AND SOME SUCCEED
This groundbreaking resource defines what business analytics is, the immense value it brings to an organization, and how to harness its power to gain a competitive edge in the marketplace. Author Evan Stubbs provides managers with the tools, knowledge, and strategies to get the organizational commitment you need to get business analytics up and running in your company.
Drawing from numerous practical examples, “The Value of Business Analytics” provides an overview of how business analytics maps to organizational strategy and through examining the mistakes teams commonly make that prevent their success, author Evan Stubbs uncovers a four-step framework which helps improve the odds of success.
Built on field-tested experience, The Value of Business Analytics explains the importance of and how to:
• Define the Value: Link analytics outcomes to business value, thereby helping build a sense of urgency and a need for change.
• Communicate the Value: Persuade the right people by understanding what motivates them.
• Deliver the Value: Link tactical outcomes to long-term strategic differentiation.
• Measure the Value: Validate wins and deliver continuous improvement to help drive ongoing transformation.
Translating massive amounts of data into real insight is beyond magic, it's competitive advantage distilled. Nothing else offers an equivalent level of agility, productivity improvement, or renewable value. Whether you're looking to quantify the value of your work or generate organizational support, learn how to leverage advanced business analytics with the hands-on guidance found in “The Value of Business Analytics”.
Drawing on the successes and failures of countless organizations, author Evan Stubbs provides a reference rich in content that spans everything from hiring the right people, understanding technical maturity, assessing culture, and structuring strategic planning. A must-read for any business analytics leader and an essential reference in shifting the perspective of business analytics away from algorithms towards outcomes.
Learn how to increase the odds of successful value creation with The Value of Business Analytics.
Retail Analytics
The Secret Weapon
Part 45 of the Wiley and SAS Business series
The inside scoop on boosting sales through spot-on analytics
Retailers collect a huge amount of data, but don't know what to do with it. Retail Analytics not only provides a broad understanding of retail, but also shows how to put accumulated data to optimal use. Each chapter covers a different focus of the retail environment, from retail basics and organization structures to common retail database designs. Packed with case studies and examples, this book insightfully reveals how you can begin using your business data as a strategic advantage.
• Helps retailers and analysts to use analytics to sell more merchandise
• Provides fact-based analytic strategies that can be replicated with the same success the author achieved on a global level
• Reveals how retailers can begin using their data as a strategic advantage
• Includes examples from many retail departments illustrating successful use of data and analytics
Analytics is the wave of the future. Put your data to strategic use with the proven guidance found in Retail Analytics.
Delivering Business Analytics
Practical Guidelines for Best Practice
Part 52 of the Wiley and SAS Business series
AVOID THE MISTAKES THAT OTHERS MAKE — LEARN WHAT LEADS TO BEST PRACTICE AND KICKSTART SUCCESS
This groundbreaking resource provides comprehensive coverage across all aspects of business analytics, presenting proven management guidelines to drive sustainable differentiation. Through a rich set of case studies, author Evan Stubbs reviews solutions and examples to over twenty common problems spanning managing analytics assets and information, leveraging technology, nurturing skills, and defining processes.
“Delivering Business Analytics” also outlines the Data Scientist's Code, fifteen principles that when followed ensure constant movement towards effective practice. Practical advice is offered for addressing various analytics issues, the advantages and disadvantages of each issue's solution, and how these solutions can optimally create organizational value.
With an emphasis on real-world examples and pragmatic advice throughout, Delivering Business Analytics provides a reference guide on:
• The economic principles behind how business analytics leads to competitive differentiation
• The elements which define best practice
• The Data Scientist's Code, fifteen management principles that when followed help teams move towards best practice
• Practical solutions and frequent missteps to twenty-four common problems across people and process, systems and assets, and data and decision-making
Drawing on the successes and failures of countless organizations, author Evan Stubbs provides a densely packed practical reference on how to increase the odds of success in designing business analytics systems and managing teams of data scientists.
Uncover what constitutes best practice in business analytics and start achieving it with “Delivering Business Analytics”.
Taming the Big Data Tidal Wave
Finding Opportunities in Huge Data Streams with Advanced Analytics
Part 56 of the Wiley and SAS Business series
You receive an e-mail. It contains an offer for a complete personal computer system. It seems like the retailer read your mind since you were exploring computers on their web site just a few hours prior....
As you drive to the store to buy the computer bundle, you get an offer for a discounted coffee from the coffee shop you are getting ready to drive past. It says that since you're in the area, you can get 10% off if you stop by in the next 20 minutes....
As you drink your coffee, you receive an apology from the manufacturer of a product that you complained about yesterday on your Facebook page, as well as on the company's web site....
Finally, once you get back home, you receive notice of a special armor upgrade available for purchase in your favorite online video game. It is just what is needed to get past some spots you've been struggling with....
Sound crazy? Are these things that can only happen in the distant future? No. All of these scenarios are possible today! Big data. Advanced analytics. Big data analytics. It seems you can't escape such terms today. Everywhere you turn people are discussing, writing about, and promoting big data and advanced analytics. Well, you can now add this book to the discussion.
What is real and what is hype? Such attention can lead one to the suspicion that perhaps the analysis of big data is something that is more hype than substance. While there has been a lot of hype over the past few years, the reality is that we are in a transformative era in terms of analytic capabilities and the leveraging of massive amounts of data. If you take the time to cut through the sometimes-over-zealous hype present in the media, you'll find something very real and very powerful underneath it. With big data, the hype is driven by genuine excitement and anticipation of the business and consumer benefits that analyzing it will yield over time.
Big data is the next wave of new data sources that will drive the next wave of analytic innovation in business, government, and academia. These innovations have the potential to radically change how organizations view their business. The analysis that big data enables will lead to decisions that are more informed and, in some cases, different from what they are today. It will yield insights that many can only dream about today. As you'll see, there are many consistencies with the requirements to tame big data and what has always been needed to tame new data sources. However, the additional scale of big data necessitates utilizing the newest tools, technologies, methods, and processes. The old way of approaching analysis just won't work. It is time to evolve the world of advanced analytics to the next level. That's what this book is about.
“Taming the Big Data Tidal Wave” isn't just the title of this book, but rather an activity that will determine which businesses win and which lose in the next decade. By preparing and taking the initiative, organizations can ride the big data tidal wave to success rather than being pummeled underneath the crushing surf. What do you need to know and how do you prepare in order to start taming big data and generating exciting new analytics from it? Sit back, get comfortable, and prepare to find out!
Health Analytics
Gaining the Insights to Transform Health Care
Part 71 of the Wiley and SAS Business series
A hands-on, analytics road map for health industry leaders
The industry-wide transformation taking place across the health and life sciences ecosystem is mandating that organizations adopt new decision-making capabilities, based on science and real-world information. Analytics will be a required competency for the modern health enterprise, this book is about how to "cross the chasm." The ultimate analytics guide for the health industry leader, this essential book equips business leaders with little-to-no experience in analytics to understand how to incorporate analytics as a cornerstone of their 21st century competitive business strategy.
• Paints the picture for a new health enterprise, one focused on the patient
• Explores the financial components of this new operating model, using analytics to optimize the tradeoffs between cost and value
• Deals with the rising role of the consumer, using analytics to create a completely new health engagement model with individual recipients of care
• Looks at how analytics can drive innovations in care practice, patient-experienced medical outcomes, and analytically driven novel therapies optimized for the individual patient
• Presents a variety of text, tables, and graphics illustrating the various concepts being described
Within each section and chapter, Health Analytics assesses the current landscape, proposing a new model/concept, sharing real-world stories of how the old and new world come together, and framing a "how-to" for the reader in terms of growing that particular set of capabilities in their own enterprises.
Killer Analytics
Top 20 Metrics Missing from your Balance Sheet
Part of the Wiley and SAS Business series
Learn the secrets to using analytics to grow your business
Analytics continues to trend as one of the hottest topics in the business community today. With ever-growing amounts of business data and evolving performance management/business intelligence architectures, how well your business does analyzing its data will differentiate you from your competition. “Killer Analytics” explores how you can use the muscle of analytics to measure new business elements. Author Mark Brown introduces 20 new metrics that can drive competitive advantage for your business, including social networks, sustainability, culture, innovation, employee satisfaction, and other key business elements.
• Shows organizations how to use analytics to measure key elements of business performance not traditionally measured
• Introduces 20 new metrics that drive competitive advantage
• Reveals how to measure social networking, sustainability, innovation, culture, and more
Aside from the science and process of analytics, businesses need to think outside the box in terms of what they are measuring and how new analytical tools can be used to measure business elements such as innovation or sustainability. Opening the doors to a powerful new way of measuring your business, “Killer Analytics” saves you a small fortune on consultants with dynamic, forward-thinking advice for making the most of every component of your business.
Heuristics in Analytics
A Practical Perspective of What Influences Our Analytical World
by Carlos Andre Reis Pinheiro
Part of the Wiley and SAS Business series
Employ heuristic adjustments for truly accurate analysis
Heuristics in Analytics presents an approach to analysis that accounts for the randomness of business and the competitive marketplace, creating a model that more accurately reflects the scenario at hand. With an emphasis on the importance of proper analytical tools, the book describes the analytical process from exploratory analysis through model developments, to deployments and possible outcomes. Beginning with an introduction to heuristic concepts, readers will find heuristics applied to statistics and probability, mathematics, stochastic, and artificial intelligence models, ending with the knowledge applications that solve business problems. Case studies illustrate the everyday application and implication of the techniques presented, while the heuristic approach is integrated into analytical modeling, graph analysis, text analytics, and more.
Robust analytics has become crucial in the corporate environment, and randomness plays an enormous role in business and the competitive marketplace. Failing to account for randomness can steer a model in an entirely wrong direction, negatively affecting the final outcome and potentially devastating the bottom line. Heuristics in Analytics describes how the heuristic characteristics of analysis can be overcome with problem design, math and statistics, helping readers to:
• Realize just how random the world is, and how unplanned events can affect analysis
• Integrate heuristic and analytical approaches to modeling and problem solving
• Discover how graph analysis is applied in real-world scenarios around the globe
• Apply analytical knowledge to customer behavior, insolvency prevention, fraud detection, and more
• Understand how text analytics can be applied to increase the business knowledge
Every single factor, no matter how large or how small, must be taken into account when modeling a scenario or event, even the unknowns. The presence or absence of even a single detail can dramatically alter eventual outcomes. From raw data to final report, “Heuristics in Analytics” contains the information analysts need to improve accuracy, and ultimately, predictive, and descriptive power.
Risk Modeling
Practical Applications of Artificial Intelligence, Machine Learning, and Deep Learning
Part of the Wiley and SAS Business series
A wide-ranging overview of the use of machine learning and AI techniques in financial risk management, including practical advice for implementation.
“Risk Modeling: Practical Applications of Artificial Intelligence, Machine Learning, and Deep Learning” introduces readers to the use of innovative AI technologies for forecasting and evaluating financial risks. Providing up-to-date coverage of the practical application of current modelling techniques in risk management, this real-world guide also explores new opportunities and challenges associated with implementing machine learning and artificial intelligence (AI) into the risk management process.
Authors Terisa Roberts and Stephen Tonna provide readers with a clear understanding about the strengths and weaknesses of machine learning and AI while explaining how they can be applied to both everyday risk management problems and to evaluate the financial impact of extreme events such as global pandemics and changes in climate. Throughout the text, the authors clarify misconceptions about the use of machine learning and AI techniques using clear explanations while offering step-by-step advice for implementing the technologies into an organization's risk management model governance framework. This authoritative volume:
• Highlights the use of machine learning and AI in identifying procedures for avoiding or minimizing financial risk
• Discusses practical tools for assessing bias and interpretability of resultant models developed with machine learning algorithms and techniques
• Covers the basic principles and nuances of feature engineering and common machine learning algorithms
• Illustrates how risk modeling is incorporating machine learning and AI techniques to rapidly consume complex data and address current gaps in the end-to-end modelling lifecycle
• Explains how proprietary software and open-source languages can be combined to deliver the best of both worlds: for risk models and risk practitioners
Risk Modeling: Practical Applications of Artificial Intelligence, Machine Learning, and Deep Learning is an invaluable guide for CEOs, CROs, CFOs, risk managers, business managers, and other professionals working in risk management.
Practitioner's Guide to Operationalizing Data Governance
Part of the Wiley and SAS Business series
Discover the tools for knowing the costs your company should cut, without impacting its ability to deliver goods and services.
New from Steve Bragg, this book provides the tools for determining which costs a company should cut, without impacting its ability to deliver goods and services. It explains how to use throughput analysis in order to locate bottleneck operations in a company, which in turn dictates where capital investments should (and should not) be made.
• Delves into process analysis, to determine where excess resources are being used in a business process
• Describes the total cost of ownership, showing how a single purchasing decision actually snowballs into a variety of ancillary costs
• Shows how to create and use a spend management system to reduce procurement costs
• Shows how just-in-time systems can be used to eliminate inventory costs
“Cost Reduction Analysis: Tools and Strategies” provides examples to show how much cost can potentially be eliminated to avoid drastic action later that can imperil your corporation's direction and future.
Executive's Guide to Solvency II
Part of the Wiley and SAS Business series
A straightforward guide to the evolution, benefits, and implementation of Solvency II.
Providing a guide to the evolution, practice, benefits, and implementation of Solvency II, Executive′s Guide to Solvency II deftly covers this major European regulation which ensures that insurers can meet their risk—based liabilities over a one—year period to a 99.5% certainty. Part of the Wiley and SAS Business series, this book will guide you through Solvency II, especially if you need to understand the subtleties of Solvency II and risk—based capital in basic business language. Among the topics covered in this essential book are:
• Background to Solvency II
• Learning from the Basel Approach
• The Economic Balance Sheet
• Internal Models
• People, Process, and Technology
• Business Benefits of Solvency II
Executive′s Guide to Solvency II has as its aim an explanation for executives, practitioners, consultants, and others interested in the Solvency II process and the implications thereof, to understand how and why the directive originated, what its goals are, and what some of the complexities are. There is an emphasis on what in practice should be leveraged upon to achieve implementation, specifically data, processes, and systems, as well as recognition of the close alignment demanded between actuaries, the risk department, IT, and the business itself.
Credit Risk Analytics
Measurement Techniques, Applications, and Examples in SAS
Part of the Wiley and SAS Business series
The long-awaited, comprehensive guide to practical credit risk modeling
“Credit Risk Analytics” provides a targeted training guide for risk managers looking to efficiently build or validate in-house models for credit risk management. Combining theory with practice, this book walks you through the fundamentals of credit risk management and shows you how to implement these concepts using the SAS credit risk management program, with helpful code provided. Coverage includes data analysis and preprocessing, credit scoring, PD and LGD estimation and forecasting, low default portfolios, correlation modeling and estimation, validation, implementation of prudential regulation, stress testing of existing modeling concepts, and more, to provide a one-stop tutorial and reference for credit risk analytics. The companion website offers examples of both real and simulated credit portfolio data to help you more easily implement the concepts discussed, and the expert author team provides practical insight on this real-world intersection of finance, statistics, and analytics.
SAS is the preferred software for credit risk modeling due to its functionality and ability to process large amounts of data. This book shows you how to exploit the capabilities of this high-powered package to create clean, accurate credit risk management models.
• Understand the general concepts of credit risk management
• Validate and stress-test existing models
• Access working examples based on both real and simulated data
• Learn useful code for implementing and validating models in SAS
Despite the high demand for in-house models, there is little comprehensive training available, practitioners are left to comb through piece-meal resources, executive training courses, and consultancies to cobble together the information they need. This book ends the search by providing a comprehensive, focused resource backed by expert guidance. Credit Risk Analytics is the reference every risk manager needs to streamline the modeling process.
Transforming Healthcare Analytics
The Quest for Healthy Intelligence
Part of the Wiley and SAS Business series
Real-life examples of how to apply intelligence in the healthcare industry through innovative analytics
Healthcare analytics offers intelligence for making better healthcare decisions. Identifying patterns and correlations contained in complex health data, analytics has applications in hospital management, patient records, diagnosis, operating and treatment costs, and more. Helping healthcare managers operate more efficiently and effectively.
Transforming Healthcare Analytics: The Quest for Healthy Intelligence shares real-world use cases of a healthcare company that leverages people, process, and advanced analytics technology to deliver exemplary results.
This book illustrates how healthcare professionals can transform the healthcare industry through analytics. Practical examples of modern techniques and technology show how unified analytics with data management can deliver insight-driven decisions. The authors-a data management and analytics specialist and a healthcare finance executive-share their unique perspectives on modernizing data and analytics platforms to alleviate the complexity of the healthcare, distributing capabilities and analytics to key stakeholders, equipping healthcare organizations with intelligence to prepare for the future, and more. This book:
• Explores innovative technologies to overcome data complexity in healthcare
• Highlights how analytics can help with healthcare market analysis to gain competitive advantage
• Provides strategies for building a strong foundation for healthcare intelligence
• Examines managing data and analytics from end-to-end, from diagnosis, to treatment, to provider payment
• Discusses the future of technology and focus areas in the healthcare industry
Transforming Healthcare Analytics: The Quest for Healthy Intelligence is an important source of information for CFO's, CIO, CTO, healthcare managers, data scientists, statisticians, and financial analysts at healthcare institutions.
The Analytic Hospitality Executive
Implementing Data Analytics in Hotels and Casinos
Part of the Wiley and SAS Business series
Take control of revenue management in the new hotel economy.
“Hotel Pricing in a Social World: How to Drive Value in the New Hotel Economy” is an insightful resource that provides guidance on improving organizational decision making to keep your hotel relevant, from a pricing standpoint, in the often-chaotic hotel landscape. This groundbreaking book clearly showcases the current environment of the hotel industry and describes new and emerging trends that can impact your revenue management tactics. This essential text prepares you to survive and thrive in today's highly competitive market and outlines the best approach to building profitable pricing strategies that follow both tactical and strategic best practices.
Revenue management has become a key activity in the highly social environment of today's hotel industry, thanks to mobile technology and social media. Though relatively new, revenue management is a quickly-evolving discipline that requires precision if you want to maintain your hotel's relevance in the market.
• Leverage original research, case studies, and industry examples to understand the practical application of key concepts
• Explore current market conditions that have an impact on revenue management
• Consider how advances in data management, analytics, and data visualization can impact revenue management practices
• Identify how revenue management can help you take advantage of market opportunities and overcome challenges
“Hotel Pricing in a Social World: How to Drive Value in the New Hotel Economy” is an essential text for hotel CFOs, CMOs, revenue managers, and operations managers who want to leverage revenue management techniques to keep their hotel competitive.
A Practical Guide to Analytics for Governments
Using Big Data for Good
Part of the Wiley and SAS Business series
An up-to-date look at the evolution of interest rate swaps and derivatives.
“Interest Rate Swaps and Derivatives” bridges the gap between the theory of these instruments and their actual use in day-to-day life. This comprehensive guide covers the main "rates" products, including swaps, options (cap/floors, swaptions), CMS products, and Bermudan callables. It also covers the main valuation techniques for the exotics/structured-notes area, which remains one of the most challenging parts of the market.
• Provides a balance of relevant theory and real-world trading instruments for rate swaps and swap derivatives
• Uses simple settings and illustrations to reveal key results
• Written by an experienced trader who has worked with swaps, options, and exotics
With this book, author Amir Sadr shares his valuable insights with practitioners in the field of interest rate derivatives-from traders and marketers to those in operations.
Business Transformation
A Roadmap for Maximizing Organizational Insights
Part of the Wiley and SAS Business series
Effectively introduce and promote analytics within your enterprise
All companies use information to set strategies and accomplish business objectives. But how many CEOs and CIOs would say they are satisfied that their companies get maximum value from information? Business Transformation reveals how SAS's Information Evolution Model (IEM) can be used together with analytics for groundbreaking results. Author Aiman Zeid provides the necessary information you need to introduce and promote the use of analytics and insight across your organization. Along with examples and best practices of global companies that have successfully been through this process, you'll learn how to identify the starting point and develop a road map for execution.
• Reveals how to introduce and promote the use of analytics and insights across your organization
• Written by a lead developer at SAS global Business Intelligence Competency Center program and services
• Features global case studies and examples
Practical and insightful, this reference provides businesses with an essential blueprint for creating improvements that optimize business returns and put the potential of data analytics to work.
Economic Modeling in the Post Great Recession Era
Incomplete Data, Imperfect Markets
Part of the Wiley and SAS Business series
“Reading Victorian Poetry” offers close readings of poems from the Victorian era, carefully selected by the author to reflect the breadth and diversity of nineteenth-century poetry. Richard Cronin's outstanding consideration of a wide range of poets reflects the unusual diversity of Victorian poetry, which includes, amongst others, Elizabeth Barrett Browning, Christina Rossetti, D.G. Rossetti, and Gerard Manley Hopkins.
The book investigates key concerns of the era in which poetry was ousted by the novel from the culturally central position that it had enjoyed for centuries. The result is an important and exciting contribution to the understanding of nineteenth-century poetry, and a crucial resource for anyone interested in Victorian literature.
Bricks Matter
The Role of Supply Chains in Building Market-Driven Differentiation
Part of the Wiley and SAS Business series
Get proven guidance to build a market-driven supply chain management system
Supply chain management processes have gradually shifted from a supply-driven focus to a demand-driven one in order to better synchronize demand and supply signals. Bricks Matter shows you how you can identify market risks and opportunities and translate these into winning tactics. Business cases highlight how business leaders are winning through market-driven approaches.
• Helps you understand how to apply the emerging world of predictive analytics for the better management of value networks
• Includes business cases illustrating the market-driven approach
• Reveals how businesses can identify market risks and translate these into supply-side tactics
As companies transition from demand-driven to market-driven approach, the focus in organizations shifts from one of vertical excellence to building strong market-to-market horizontal processes. Improve revenue by increasing market share, improve profit margins, and maintain high levels of customer service with the indispensable guidance found in Bricks Matter.
Mobile Learning
A Handbook for Developers, Educators, and Learners
Part of the Wiley and SAS Business series
Explore the game-changing technology that allows mobile learning to effectively reach K-12 students
“Mobile Learning: A Handbook for Developers, Educators and Learners” provides research-based foundations for developing, evaluating, and integrating effective mobile learning pedagogy. Twenty-first century students require twenty-first century technology, and mobile devices provide new and effective ways to educate children.
But with new technologies come new challenges, therefore, this handbook presents a comprehensive look at mobile learning by synthesizing relevant theories and drawing practical conclusions for developers, educators, and students.
Mobile devices-in ways that the laptop, the personal computer, and netbook computers have not-present the opportunity to make learning more engaging, interactive, and available in both traditional classroom settings and informal learning environments. From theory to practice, Mobile Learning explores how mobile devices are different than their technological predecessors, makes the case for developers, teachers, and parents to invest in the technology, and illustrates the many ways in which it is innovative, exciting, and effective in educating K-12 students.
• Explores how mobile devices can support the needs of students
• Provides examples, screenshots, graphics, and visualizations to enhance the material presented in the book
• Provides developers with the background necessary to create the apps their audience requires
• Presents the case for mobile learning in and out of classrooms as early as preschool
• Discusses how mobile learning enables better educational opportunities for the visually impaired, students with Autism, and adult learners.
If you're a school administrator, teacher, app developer, or parent, this topical book provides a theoretical, well-researched discussion of the pedagogical theory and mobile learning, as well as practical advice in setting up a mobile learning strategy.
Leaders and Innovators
How Data-Driven Organizations Are Winning with Analytics
Part of the Wiley and SAS Business series
An integrated, strategic approach to higher-value analytics
Leaders and Innovators: How Data-Driven Organizations Are Winning with Analytics shows how businesses leverage enterprise analytics to gain strategic insights for profitability and growth. The key factor is integrated, end-to-end capabilities that encompass data management and analytics from a business and IT perspective, with analytics running inside a database where the data reside, everyday analytical processes become streamlined and more efficient. This book shows you what analytics is, what it can do, and how you can integrate old and new technologies to get more out of your data. Case studies and examples illustrate real-world scenarios in which an optimized analytics system revolutionized an organization's business. Using in-database and in-memory analytics along with Hadoop, you'll be equipped to improve performance while reducing processing time from days or weeks to hours or minutes. This more strategic approach uncovers the opportunities hidden in your data, and the detailed guidance to optimal data management allows you to break through even the biggest data challenges.
With data coming in from every angle in a constant stream, there has never been a greater need for proactive and agile strategies to overcome these struggles in a volatile and competitive economy. This book provides clear guidance and an integrated strategy for organizations seeking greater value from their data and becoming leaders and innovators in the industry.
• Streamline analytics processes and daily tasks
• Integrate traditional tools with new and modern technologies
• Evolve from tactical to strategic behavior
• Explore new analytics methods and applications
The depth and breadth of analytics capabilities, technologies, and potential makes it a bottomless well of insight. But too many organizations falter at implementation-too much, not enough, or the right amount in the wrong way all fail to deliver what an optimized and integrated system could. Leaders and Innovators: How Data-Driven Organizations Are Winning with Analytics shows you how to create the system your organization needs to dramatically improve performance, increase profitability, and drive innovation at all levels for the present and future.
Part of the Wiley and SAS Business series
For years, organizations have struggled to make sense out of their data. IT projects designed to provide employees with dashboards, KPIs, and business-intelligence tools often take a year or more to reach the finish line...if they get there at all.
This has always been a problem. Today, though, it's downright unacceptable. The world changes faster than ever. Speed has never been more important. By adhering to antiquated methods, firms lose the ability to see nascent trends, and act upon them until it's too late.
But what if the process of turning raw data into meaningful insights didn't have to be so painful, time-consuming, and frustrating?
What if there were a better way to do analytics?
Fortunately, you're in luck...
Analytics: The Agile Way is the eighth book from award-winning author and Arizona State University professor Phil Simon.
Analytics: The Agile Way demonstrates how progressive organizations such as Google, Nextdoor, and others approach analytics in a fundamentally different way. They are applying the same Agile techniques that software developers have employed for years. They have replaced large batches in favor of smaller ones...and their results will astonish you.
Through a series of case studies and examples, “Analytics: The Agile Way” demonstrates the benefits of this new analytics mind-set: superior access to information, quicker insights, and the ability to spot trends far ahead of your competitors.
Style and Statistics
The Art of Retail Analytics
Part of the Wiley and SAS Business series
A non-technical guide to leveraging retail analytics for personal and competitive advantage.
“Style & Statistics” is a real-world guide to analytics in retail. Written specifically for the non-IT crowd, this book explains analytics in an approachable, understandable way, and provides examples of direct application to retail merchandise management, marketing, and operations. The discussion covers current industry trends and emerging-standard processes, and illustrates how analytics is providing new solutions to perennial retail problems. You'll learn how to leverage the benefits of analytics to boost your personal career, and how to interpret data in a way that's useful to the average end business user or shopper. Key concepts are detailed in easy-to-understand language, and numerous examples highlight the growing importance of understanding analytics in the retail environment.
The power of analytics has become apparent across industries, but it's left an especially indelible mark on retail. It's a complex topic, but you don't need to be a data scientist to take advantage of the opportunities it brings. This book shows you what you need to know, and how to put analytics to work with retail-specific applications.
• Learn how analytics can help you be better at your job
• Dig deeper into the customer's needs, wants, and dreams
• Streamline merchandise management, pricing, marketing, and more
• Find solutions for inefficiencies and inaccuracies
As the retail customer evolves, so must the retail industry. The retail landscape not only includes in-store but also website, mobile site, mobile apps, and social media. With more and more competition emerging on all sides, retailers need to use every tool at their disposal to create value and gain a competitive advantage. Analytics offers a number of ways to make your company stand out, whether it's through improved operations, customer experience, or any of the other myriad factors that build a great place to shop. Style & Statistics provides an analytics primer with a practical bent, specifically for the retail industry.
Fraud Analytics Using Descriptive, Predictive, and Social Network Techniques
A Guide to Data Science for Fraud Detection
Part of the Wiley and SAS Business series
Detect fraud earlier to mitigate loss and prevent cascading damage
Fraud Analytics Using Descriptive, Predictive, and Social Network Techniques is an authoritative guidebook for setting up a comprehensive fraud detection analytics solution. Early detection is a key factor in mitigating fraud damage, but it involves more specialized techniques than detecting fraud at the more advanced stages. This invaluable guide details both the theory and technical aspects of these techniques, and provides expert insight into streamlining implementation. Coverage includes data gathering, preprocessing, model building, and post-implementation, with comprehensive guidance on various learning techniques and the data types utilized by each. These techniques are effective for fraud detection across industry boundaries, including applications in insurance fraud, credit card fraud, anti-money laundering, healthcare fraud, telecommunications fraud, click fraud, tax evasion, and more, giving you a highly practical framework for fraud prevention.
It is estimated that a typical organization loses about 5% of its revenue to fraud every year. More effective fraud detection is possible, and this book describes the various analytical techniques your organization must implement to put a stop to the revenue leak.
• Examine fraud patterns in historical data
• Utilize labeled, unlabeled, and networked data
• Detect fraud before the damage cascades
• Reduce losses, increase recovery, and tighten security
The longer fraud is allowed to go on, the more harm it causes. It expands exponentially, sending ripples of damage throughout the organization, and becomes more and more complex to track, stop, and reverse. Fraud prevention relies on early and effective fraud detection, enabled by the techniques discussed here. Fraud Analytics Using Descriptive, Predictive, and Social Network Techniques helps you stop fraud in its tracks, and eliminate the opportunities for future occurrence.
Business Forecasting
Practical Problems and Solutions
Part of the Wiley and SAS Business series
A comprehensive collection of the field's most provocative, influential new work
Business Forecasting compiles some of the field's important and influential literature into a single, comprehensive reference for forecast modeling and process improvement. It is packed with provocative ideas from forecasting researchers and practitioners, on topics including accuracy metrics, benchmarking, modeling of problem data, and overcoming dysfunctional behaviors. Its coverage includes often-overlooked issues at the forefront of research, such as uncertainty, randomness, and forecastability, as well as emerging areas like data mining for forecasting.
The articles present critical analysis of current practices and consideration of new ideas. With a mix of formal, rigorous pieces and brief introductory chapters, the book provides practitioners with a comprehensive examination of the current state of the business forecasting field.
Forecasting performance is ultimately limited by the 'forecastability' of the data. Yet failing to recognize this, many organizations continue to squander resources pursuing unachievable levels of accuracy. This book provides a wealth of ideas for improving all aspects of the process, including the avoidance of wasted efforts that fail to improve (or even harm) forecast accuracy.
• Analyzes the most prominent issues in business forecasting
• Investigates emerging approaches and new methods of analysis
• Combines forecasts to improve accuracy
• Utilizes Forecast Value Added to identify process inefficiency
The business environment is evolving, and forecasting methods must evolve alongside it. This compilation delivers an array of new tools and research that can enable more efficient processes and more accurate results. “Business Forecasting” provides an expert's-eye view of the field's latest developments to help you achieve your desired business outcomes.
Smart Cities, Smart Future
Showcasing Tomorrow
Part of the Wiley and SAS Business series
Analytics can make government work better-this book shows you how.
“A Practical Guide to Analytics for Governments” provides demonstrations of real-world analytics applications for legislators, policy-makers, and support staff at the federal, state, and local levels. Big data and analytics are transforming industries across the board, and government can reap many of those same benefits by applying analytics to processes and programs already in place. From healthcare delivery and child well-being, to crime and program fraud, analytics can-in fact, already does-transform the way government works. This book shows you how analytics can be implemented in your own milieu: What is the downstream impact of new legislation? How can we make programs more efficient? Is it possible to predict policy outcomes without analytics? How do I get started building analytics into my government organization? The answers are all here, with accessible explanations and useful advice from an expert in the field.
Analytics allows you to mine your data to create a holistic picture of your constituents; this model helps you tailor programs, fine-tune legislation, and serve the populace more effectively. This book walks you through analytics as applied to government and shows you how to reap Big data's benefits at whatever level necessary.
• Learn how analytics is already transforming government service delivery
• Delve into the digital healthcare revolution
• Use analytics to improve education, juvenile justice, and other child-focused areas
• Apply analytics to transportation, criminal justice, fraud, and much more
Legislators and policy makers have plenty of great ideas-but how do they put those ideas into play? Analytics can play a crucial role in getting the job done well. “A Practical Guide to Analytics for Governments” provides advice, perspective, and real-world guidance for public servants everywhere.
Big Data Analytics
Turning Big Data into Big Money
Part of the Wiley and SAS Business series
Understand the role and potential of fixed income as an asset class.
“Systematic Fixed Income: An Investor's Guide” offers readers a powerful, practical, and robust framework for investors and asset managers to preserve the diversifying properties of a fixed income allocation, and add to that unique sources of excess returns via systematic security selection. In other words, this framework allows for efficient capture of fixed income beta and fixed income alpha.
Celebrated finance professional Dr. Scott Richardson presents concrete strategies for identifying the relevant sources of risk and return in public fixed income markets and explains the tactical and strategic roles played by fixed income in typical portfolios. In the book, readers will explore:
• The implementation challenges associated with a systematic fixed income portfolio, including liquidity and risk
• The systematic return sources for rate and credit sensitive fixed income assets in both developed and emerging markets
An essential read for asset managers and institutional investors with a professional interest in fixed income markets, “Systematic Fixed Income: An Investor's Guide” deserves a place in the libraries of advanced degree students of finance, business, and investment, as well as other investment professionals seeking to refine their understanding of the full potential of this foundational asset class.
Artificial Intelligence for Marketing
Practical Applications
Part of the Wiley and SAS Business series
A sneak peek at up-and-coming trends in IT, a multidimensional vision for achieving business agility through agile architectures.
“The Agile Architecture Revolution” places IT trends into the context of Enterprise Architecture, reinventing Enterprise Architecture to support continuous business transformation. It focuses on the challenges of large organizations, while placing such organizations into the broader business ecosystem that includes small and midsize organizations as well as startups.
• Organizes the important trends that are facing technology in businesses and public sector organizations today and over the next several years
• Presents the five broad organizing principles called Supertrends: location independence, global cubicle, democratization of technology, deep interoperability, and complex systems engineering
• Provides a new perspective on service-oriented architecture in conjunction with architectural approaches to cloud computing and mobile technologies that explain how organizations can achieve better business visibility through IT and enterprise architecture
Laying out a multidimensional vision for achieving agile architectures, this book discusses the crisis points that promise sudden, transformative change, unraveling how organizations' spending on IT will continue to undergo radical change over the next ten years.
On-Camera Coach
Tools and Techniques for Business Professionals in a Video-Driven World
Part of the Wiley and SAS Business series
The helpful workbook to help practice assessing financial statements.
Financial statement analysis is essential as part of any well-organized financial portfolio. As a companion piece, “Financial Statement Analysis Workbook: A Practitioner's Guide” allows readers the opportunity to test and hone the skills put forward in Martin Fridson and Fernando Alvarez's “Financial Statement Analysis”, a resource devoted to providing the analytical framework necessary to make sense of the sometimes-misleading numbers put forth by companies. Scrutinizing financial statements allows one to, for example, evaluate a company's stock price or determine merger or acquisition valuations.
The Financial Statement Analysis Workbook provides a pathway to become familiar with these methodologies in order to be prepared to use them in real-world scenarios. With the skills provided within, you can begin to undertake goal-oriented preparation for the practical challenges of contemporary business and feel confident in your financial decision-making. This is aided by:
• Question-and-answer sections within this Workbook correspond to each chapter of Financial Statement Analysis
• Financial statement and computational exercises designed to require analysis and synthesis of concepts covered in the core text
• A full list of answers in the second half of the book that help explain pitfalls within the questions
An essential tool for professional analysts, investors, and students, “Financial Statement Analysis Workbook” offers the perfect opportunity to help turn theory into reality.
Strategies in Biomedical Data Science
Driving Force for Innovation
Part of the Wiley and SAS Business series
An essential collection of scholarly essays on the anthropology of Africa, offering a thorough introduction to the most important topics in this evolving and diverse field of study.
The study of the cultures of Africa has been central to the methodological and theoretical development of anthropology as a discipline since the late 19th-century. As the anthropology of Africa has emerged as a distinct field of study, anthropologists working in this tradition have strived to build a disciplinary conversation that recognizes the diversity and complexity of modern and ancient African cultures while acknowledging the effects of historical anthropology on the present and future of the field of study.
“A Companion to the Anthropology of Africa” is a collection of insightful essays covering the key questions and subjects in the contemporary anthropology of Africa with a key focus on addressing the topics that define the contemporary discipline. Written and edited by a team of leading cultural anthropologists, it is an ideal introduction to the most important topics in the field, both those that have consistently been a part of the critical dialogue and those that have emerged as the central questions of the discipline's future.
Beginning with essays on the enduring topics in the study of African cultures, “A Companion to the Anthropology of Africa” provides a foundation in the contemporary critical approach to subjects of longstanding interest. With these subjects as a groundwork, later essays address decolonization, the postcolonial experience, and questions of modern identity and definition, providing representation of the diverse thinking and scholarship in the modern anthropology of Africa.
Big Data, Data Mining, and Machine Learning
Value Creation for Business Leaders and Practitioners
Part of the Wiley and SAS Business series
With 25 essays that embrace a wide spectrum of topics and perspectives including intertextuality, transnationality, gender representation, repetition, the use of music, color, and sound, depiction of time and space in human affairs, and Wong's highly original portrayal of violence, “A Companion to Wong Kar-Wai” is a singular examination of the prestigious filmmaker known around the world for the innovation, beauty, and passion he brings to filmmaking.
• Brings together the most cutting edge, in-depth, and interesting scholarship on arguably the greatest living Asian filmmaker, from a multinational group of established and rising film scholars and critics
• Covers a huge breadth of topics such as the tradition of the jianghu in Wong's films; queering Wong's films not in terms of gender but through the artist's liminality; the phenomenological Wong; Wong's intertextuality; America through Wong's eyes; the optics of intensities, thresholds, and transfers of energy in Wong's cinema; and the diasporic presence of some ladies from Shanghai in Wong's Hong Kong
• Examines the political, historical, and sociological influence of Wong and his work, and discusses his work from a variety of perspectives including modern, post-modern, postcolonial, and queer theory
• Includes two appendices which examine Wong's work in Hong Kong television and commercials
The Cloud-Based Demand-Driven Supply Chain
Part of the Wiley and SAS Business series
It's time to get your head in the cloud!
In today's business environment, more and more people are requesting cloud-based solutions to help solve their business challenges. So how can you not only anticipate your clients' needs but also keep ahead of the curve to ensure their goals stay on track?
With the help of this accessible book, you'll get a clear sense of cloud computing and understand how to communicate the benefits, drawbacks, and options to your clients so they can make the best choices for their unique needs. Plus, case studies give you the opportunity to relate real-life examples of how the latest technologies are giving organizations worldwide the opportunity to thrive as supply chain solutions in the cloud.
• Demonstrates how improvements in forecasting, collaboration, and inventory optimization can lead to cost savings
• Explores why cloud computing is becoming increasingly important
• Takes a close look at the types of cloud computing
• Makes sense of demand-driven forecasting using Amazon's cloud
Whether you work in management, business, or IT, this is the dog-eared reference you'll want to keep close by as you continue making sense of the cloud.
Hotel Pricing in a Social World
Driving Value in the Digital Economy
Part of the Wiley and SAS Business series
Supercharge options analytics and hedging using the power of Python.
“Derivatives Analytics with Python” shows you how to implement market-consistent valuation and hedging approaches using advanced financial models, efficient numerical techniques, and the powerful capabilities of the Python programming language. This unique guide offers detailed explanations of all theory, methods, and processes, giving you the background and tools necessary to value stock index options from a sound foundation. You'll find and use self-contained Python scripts and modules and learn how to apply Python to advanced data and derivatives analytics as you benefit from the 5,000+ lines of code that are provided to help you reproduce the results and graphics presented. Coverage includes market data analysis, risk-neutral valuation, Monte Carlo simulation, model calibration, valuation, and dynamic hedging, with models that exhibit stochastic volatility, jump components, stochastic short rates, and more. The companion website features all code and IPython Notebooks for immediate execution and automation.
Python is gaining ground in the derivatives analytics space, allowing institutions to quickly and efficiently deliver portfolio, trading, and risk management results. This book is the finance professional's guide to exploiting Python's capabilities for efficient and performing derivatives analytics.
• Reproduce major stylized facts of equity and options markets yourself
• Apply Fourier transform techniques and advanced Monte Carlo pricing
• Calibrate advanced option pricing models to market data
• Integrate advanced models and numeric methods to dynamically hedge options
Recent developments in the Python ecosystem enable analysts to implement analytics tasks as performing as with C or C++, but using only about one-tenth of the code or even less. “Derivatives Analytics with Python-Data Analysis, Models, Simulation, Calibration and Hedging” shows you what you need to know to supercharge your derivatives and risk analytics efforts.
Too Big to Ignore
The Business Case for Big Data
Part of the Wiley and SAS Business series
Research into gender equity in higher education, inspiring action
With this enlightening handbook, you can review the thinking of leading researchers on the current intersection of gender and higher education. “The Wiley Handbook of Gender Equity in Higher Education” provides an in-depth look at education's complicated relationships with, and in some cases inadequate fostering of, gender equity. The collection offers a bold picture of research into the subject. It also projects future paths of exploration, inquiry, and action for gender equity.
• Focuses specifically on gender and higher education across the globe, setting the stage for new explorations
• Examines gender equity in relation to the STEM fields
• Considers current male participation in higher education
• Covers gender segregation by major and the issue of women remaining in lower-paying areas
“The Wiley Handbook of Gender Equity in Higher Education” spotlights the continuing and integral role of educational institutions in the struggle for gender equity. Policy makers, university administrators, and researchers can look to this handbook for perspective on recent research as they move forward in the pursuit of more equitable educational environments.
Big Data, Big Innovation
Enabling Competitive Differentiation through Business Analytics
Part of the Wiley and SAS Business series
A practical guide to leveraging your data to spur innovation and growth
Your business generates reams of data, but what do you do with it? Reporting is only the beginning. Your data holds the key to innovation and growth — you just need the proper analytics. In “Big Data, Big Innovation: Enabling Competitive Differentiation Through Business Analytics”, author Evan Stubbs explores the potential gold hiding in your un-mined data. As Chief Analytics Officer for SAS Australia/New Zealand, Stubbs brings an industry insider's perspective to guide you through pattern recognition, analysis, and implementation.
“Big Data, Big Innovation: Enabling Competitive Differentiation Through Business Analytics” details a groundbreaking approach to ensuring your company's upward trajectory. Use this guide to leverage your customer information, financial reports, performance metrics, and more to build a rock-solid foundation for future growth.
• Build an effective analytics team, and empower them with the right tools
• Learn how big data drives both evolutionary and revolutionary innovation, and who should be responsible
• Identify data collection and analysis opportunities and implement action plans
• Design the platform that suits your company's current and future needs
• Quantify performance with statistics, programming, and research for a more complete picture of operations
Effective management means combining data, people, and analytics to create a synergistic force for innovation and growth. If you want your company to move forward with confidence, “Big Data, Big Innovation: Enabling Competitive Differentiation Through Business Analytics” can show you how to use what you already have and acquire what you need to succeed.
JMP Connections
The Art of Utilizing Connections In Your Data
Part of the Wiley and SAS Business series
A world-renowned money manager shares winning strategies for small-stock investing.
Since forming Bares Capital Management, Inc. in 2000, Brian Bares has shown that above average returns can be generated through the careful selection of small company common stocks. Additionally, he's shown how concentrating capital in a handful of ideas improves the potential for outperformance by increasing the depth of knowledge of each position and allowing each security to have a more meaningful impact on the portfolio. In “The Small-Cap Advantage: How Top Endowments and Foundations Turn Small Stocks Into Big Returns”, Bares describes how endowment-model investors and aspiring managers can gain meaningful exposure to small stocks while sidestepping many of the obstacles that have historically prevented institutional investment in the asset class. The book also
• Details the historical outperformance of small-cap stocks
• Contrasts the various strategies employed by managers in the space
• Explains how aspiring managers can structure a firm to boost performance and attract institutional capital
• Describes how endowment-model institutions can evaluate and engage outside managers for their small-cap allocations
• Summarizes important topics such as liquidity and the research process
Bigger is not better. “The Small-Cap Advantage” reveals that small stocks have historically performed better than large ones, and that lack of competition in small-cap stocks provides diligent managers with a singular opportunity to outperform.
Financial Institution Advantage and the Optimization of Information Processing
Part of the Wiley and SAS Business series
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 steps toward improving it.
Keenan outlines the strategies and tools needed for financial institutions to take charge and make the much-needed decisions to ensure that their firm's information processing assets are effectively designed, deployed, and utilized to meet the strict regulatory guidelines. This important resource is filled with practical observations about how information assets can be actively and effectively managed to create competitive advantage and improved financial results. “Financial Institution Advantage and the Optimization of Information Processing” also includes a survey of case studies that highlight both the positive and less positive results that have stemmed from institutions either recognizing or failing to recognize the strategic importance of information processing capabilities.