Supporting IFRS17 portfolio cash flow modeling and simulation Corios has been busy lately supporting our client’s actuaries who are implementing the IFRS17 standard on their set of insurance portfolios. The purpose for this engagement is to better estimate the Value … Read More
The Challenges: Business Adoption of Analytic Models In order to increase business adoption of analytic models, there is a great deal of work that must occur in addition to model development, and it extends well beyond the model development team. … Read More
Some enterprises build a formal model governance practice in order to comply with industry standards such as CCAR (banking industry) or IFRS17 (insurance industry). Others know that building a sound predictive model governance discipline is a great idea to improve … Read More
Turning your predictive analytics practices into a thriving model factory requires closing the loop from model creation, to performance monitoring, to problem and opportunity identification and subsequent model improvement, in a formal and disciplined way. This includes continuous measurement of … Read More
In the thirty-plus years I’ve worked with analytics organizations, management has faced several recurring challenges. Without an active (even if informal) practice to watch and react to these challenges, management will find their organizations becoming unable to cope with the … Read More
