{"product_id":"financial-institution-advantage-and-the-optimization-of-information-processing-hardback-9781119044178","title":"Financial Institution Advantage and the Optimization of Information Processing (Hardback) 9781119044178","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eFinancial Institution Advantage and the Optimization of Information Processing\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eSean C. Keenan (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781119044178, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 24 March 2015\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e224 pages\u003cbr\u003e23.6 x 16.4 x 2.2 cm, 0.399 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\u003cb\u003eA PROVEN APPROACH FOR CREATING \u003ci\u003eand\u003c\/i\u003e IMPLEMENTING EFFECTIVE GOVERNANCE \u003ci\u003efor\u003c\/i\u003e DATA \u003ci\u003eand\u003c\/i\u003e ANALYTICS\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFinancial Institution Advantage and the Optimization of Information Processing\u003c\/i\u003e 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.\u003c\/p\u003e \u003cp\u003eKeenan 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.\u003c\/p\u003e 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. \u003ci\u003eFinancial Institution Advantage and the Optimization of Information Processing\u003c\/i\u003e 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.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eIntroduction ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Financial Institutions as Information Processors 1\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e Financial Institutions’ Raison d’Être 1\u003c\/p\u003e \u003cp\u003eCultural Issues 6\u003c\/p\u003e \u003cp\u003eIT Literacy and the Spreadsheet Deluge 13\u003c\/p\u003e \u003cp\u003eOther Challenges to Establishing an IT-Savvy Culture 19\u003c\/p\u003e \u003cp\u003eNotes 25\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Strategic Hardware and Software Management 27\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOverview 27\u003c\/p\u003e \u003cp\u003eAn Integrated Data Architecture 41\u003c\/p\u003e \u003cp\u003eInformation Processing Efficiency as an Institutional Objective 52\u003c\/p\u003e \u003cp\u003eA Digression on Unstructured Data 58\u003c\/p\u003e \u003cp\u003eNotes 60\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Data, Models, and Information 61\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eModel Risk Mania 61\u003c\/p\u003e \u003cp\u003eDefinitions and Epistemology 69\u003c\/p\u003e \u003cp\u003eData Quality 73\u003c\/p\u003e \u003cp\u003eModels and Their Role 79\u003c\/p\u003e \u003cp\u003eRegulatory Regimes and Guidance 88\u003c\/p\u003e \u003cp\u003eNotes 99\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Model Risk Measurement 101\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThree Phases of Model Management 102\u003c\/p\u003e \u003cp\u003eModel Governance 103\u003c\/p\u003e \u003cp\u003eDefining Model Risk 105\u003c\/p\u003e \u003cp\u003eObjectifying the Downside 108\u003c\/p\u003e \u003cp\u003eModel Risk Attribution: An Information Entropy Approach 121\u003c\/p\u003e \u003cp\u003eNotes 126\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 The Return on Analytic Assets 127\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMeasuring the Productivity of Models 128\u003c\/p\u003e \u003cp\u003eComplementarity of Data Inflow with Information Processing 132\u003c\/p\u003e \u003cp\u003eA Digression on Price Taking 134\u003c\/p\u003e \u003cp\u003eNotes 135\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Data Risk Measurement 137\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStrategic Data Acquisition 139\u003c\/p\u003e \u003cp\u003eThe Information Conversion Rate 140\u003c\/p\u003e \u003cp\u003eOther Approaches for Data Risk Assessment 142\u003c\/p\u003e \u003cp\u003eNotes 143\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 A Higher Level of Integration 145\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAlternate Views of Integration 146\u003c\/p\u003e \u003cp\u003eIdentifying Key Information Cycles 146\u003c\/p\u003e \u003cp\u003eAn Integrated Physical View 149\u003c\/p\u003e \u003cp\u003eMultidimensional Information Asset Management 151\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 A Strategy for Optimizing the Information Processing Complex 155\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEvaluation 156\u003c\/p\u003e \u003cp\u003eA Path toward Improvement 160\u003c\/p\u003e \u003cp\u003eNotes 167\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Case Studies 169\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Pricing of Automobile Insurance 170\u003c\/p\u003e \u003cp\u003eMoody’s KMV 174\u003c\/p\u003e \u003cp\u003eThe London Whale 177\u003c\/p\u003e \u003cp\u003eThe Mortgage-Backed Securities Disaster 178\u003c\/p\u003e \u003cp\u003eThe Value of Annuities 180\u003c\/p\u003e \u003cp\u003eNotes 182\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Conclusions 183\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eReferences 189\u003c\/p\u003e \u003cp\u003eAbout the Author 193\u003c\/p\u003e \u003cp\u003eIndex 195\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Business \u0026amp; management [\u003ca title=\"See our other books on Business \u0026amp; management\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Business%20\u0026amp;%20management%20%5BKJ%5D%22\"\u003eKJ\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52421393776920,"sku":"9781119044178","price":46.39,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781119044178.jpg?v=1784594616","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/financial-institution-advantage-and-the-optimization-of-information-processing-hardback-9781119044178","provider":"Freshly Printed Books","version":"1.0","type":"link"}