عنوان

Financial institution advantage and the optimization of information processing /

(Number (ISBN

1119044170

(Number (ISBN

1119053048

(Number (ISBN

1119053226

(Number (ISBN

1119053307

(Number (ISBN

9781119044178

(Number (ISBN

9781119053040

(Number (ISBN

9781119053224

(Number (ISBN

9781119053309

Erroneous ISBN

9781119044178

Number

dltt

Title Proper

Financial institution advantage and the optimization of information processing /

General Material Designation

[Book]

First Statement of Responsibility

Sean C. Keenan

Specific Material Designation and Extent of Item

1 online resource

Series Title

Wiley & SAS business series

Text of Note

Includes bibliographical references and index

Text of Note

Financial Institutions as Information Processors -- Financial Institutions' Raison d'Être -- Cultural Issues -- IT Literacy and the Spreadsheet Deluge -- Other Challenges to Establishing an IT-Savvy Culture -- Notes -- Strategic Hardware and Software Management -- Overview -- An Integrated Data Architecture -- Information Processing Efficiency as an Institutional Objective -- A Digression on Unstructured Data -- Notes -- Data, Models, and Information -- Model Risk Mania -- Definitions and Epistemology -- Data Quality -- Models and Their Role -- Regulatory Regimes and Guidance -- Notes -- Model Risk Measurement -- Three Phases of Model Management -- Model Governance -- Defining Model Risk -- Objectifying the Downside -- Model Risk Attribution: An Information Entropy Approach -- Notes -- The Return on Analytic Assets -- Measuring the Productivity of Models -- Complementarity of Data Inflow with Information Processing -- A Digression on Price Taking -- Notes -- Data Risk Measurement -- Strategic Data Acquisition -- The Information Conversion Rate -- Other Approaches for Data Risk Assessment -- Notes -- A Higher Level of Integration -- Alternate Views of Integration -- Identifying Key Information Cycles -- An Integrated Physical View -- Multidimensional Information Asset Management -- A Strategy for Optimizing the Information Processing Complex -- Evaluation -- A Path toward Improvement -- Notes -- Case Studies -- The Pricing of Automobile Insurance -- Moody's KMV -- The London Whale -- The Mortgage-Backed Securities Disaster -- The Value of Annuities -- Notes -- Conclusions

0

Text of Note

This book offers a key resource for understanding and implementing effective data governance practices and data modeling within financial organizations. 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. It includes practical observations about how information assets can be actively and effectively managed to create competitive advantage and improved financial results. It 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. --

Title

Financial institution advantage & the optimization of information processing.

International Standard Book Number

9781119044178

Parallel Title

Financial institution advantage & the optimization of information processing

Financial institutions-- Management.

Financial services industry-- Data processing.

Financial services industry-- Information technology.

BUS-- 027000

Number

Edition

Class number

Keenan, Sean C.,1961-

Ohio Library and Information Network.

Date of Transaction

20160603081025.1

Cataloguing Rules (Descriptive Conventions))

pn

Electronic name

[Book]

Y