Artificial Intelligence (AI)

The Silent and Steady Takeover of Artificial Intelligence in Financial Institutions

Posted: 08/28/2018 - 04:54
Artificial Intelligence in Financial Institutions

Financial institutions are playing a numbers game in the core of their business: they evaluate risks and opportunities of potential transactions and if the perceived benefits outweigh the associated risks they will agree to the deal. In the case of traditional banking, this is true for the credit approval process, whereas in the case of insurance companies, the correct evaluation of risk factors determines the conditions of an insurance policy. Like weather forecasts demonstrate, assessments of future events like risk factors or return expectations may occasionally be wrong.

How is automation impacting the job market?

Posted: 08/21/2018 - 21:23
 
Automation within the job market is one of the key issues of our time. It often provokes speculation of a future resembling science fiction narratives that have been around for decades.
 
On the extreme end, there’s SkyNet becoming self-aware and a team of terminators hunting humans down. On the softer end there’s WALL-E, where humans don’t have to lift a finger and grow lazy as robots cater to all their needs. Either way, humans aren’t needed for work.
 

Network Challenges in a World of Digital Transformation

Posted: 08/20/2018 - 06:49
Digital Transformation
Ask 10 people “What is digital transformation?” and you are likely to get 10 different answers ranging from smartphones to artificial intelligence to the Internet of Things (IoT). No matter how you define it, the digital transformation is here and it is having a significant impact on every organization and its networking requirements.
 

Another Brick in the Wall, Part 3: In the Flesh?

Posted: 08/18/2018 - 05:38
Perhaps more than any other category, the involvement of human capital in construction sourcing is paramount when it comes to outcome success or failure. The sheer volume of manpower involved in the overall process — from the acquisition to engineering to materials supply chain to hundreds of craft labor involved in the actual build — puts the management of relationships in critical focus. There is a reason that only 5 percent of construction projects meet their budget and schedule targets.

Robo-Advice: Time to Re-Boot Delivery?

Posted: 06/26/2018 - 00:24

Robo-advice, also known as ‘automated advice’ refers to the provision of financial advice with as little human interaction as possible. A strand of artificial intelligence, robo-advice offers guidance on the basis of mathematical rules and algorithms rather than human intelligence. Whilst algorithmic trading may have been around for many years, the concept of a ‘robo-adviser’ has only recently become a reality. 

Ecosystems, ROI and the Hot Air Balloon Myth

Posted: 04/19/2018 - 02:35

Whether you crossed the automation chasm early, or are just starting your journey into digital service delivery, you’re not alone if you’ve got questions surrounding technical ecosystem choices. Generating ROI—and how exactly to go about proving the value of numerous small automation projects versus one giant re-platforming initiative—is a common challenge. 

Open vs. Closed Ecosystems 

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