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Can be a differentiator for banks, in both retail and company segments Most banks in Asia haven't begun to embody predictive analytics answers   MORE banks in South-East Asia, including  Malaysia, are searching at how they can use predictive analytics as a differentiator and to better compete against rivals, in keeping with era giant IBM.   One of the areas banks are looking into is liquidity control, stated Ashutosh S. Joshi, bills answers leader, Payment & Transaction Banking, IBM Banking and Financial Markets, Asean.   “Improving liquidity forecasts is one of the top concerns of corporates, and this is one place wherein banks can differentiate themselves,” he instructed Digital News Asia (DNA) in Kuala Lumpur recently.   Ashutosh stated that IBM is currently developing advanced algorithms for banks to assist their corporate clients better are expecting liquidity flows.   “For corporates, they want to make bills to their companies and get hold of payments from their c...

It’s the generation of large (and complicated) information Analytics can screen hidden relationships to advantage agencies   SAS has rolled out SAS High-Performance Analytics software for corporations and businesses in Malaysia, describing it in a declaration as its most tremendous generation strengthen in at the least 10 years. The equipment-equipped software plays complex analytics on big data. “We realized that businesses were collecting big quantities of data that would offer solutions but the analysis took goodbye to manner, solutions have been irrelevant by the time the laptop spat them out,” says SAS Malaysia handling director Andrew Tan (p.c) . “Business leaders don’t want to wait overnight to manner facts. They want information as quick as possible and they want to get entry to it once they want it, wherever they're,” he provides. According to Forrester Research, on common data doubles each 18 months for critical applications, while for a few, which includes telecomm...

Big statistics, predictive evaluation used notably in Obama's re-election campaign Slick use of those gear might also have proven to be the decisive factor in triumphing fence electorate in swing states Periscope via Edwin Yapp BARACK Obama retained his mandate and will continue to be the president of the United States of America for 4 extra years after defeating his Republican challenger, former governor of Massachusetts, Mitt Romney   The race for the presidency couldn’t were greater tightly contested as the one we simply witnessed. According to early reviews on CNN, the incumbent Obama become trailing his challenger Romney to begin with. That modified quickly whilst results of some of the bigger west coast states – such as California, Oregon, Nevada and New Mexico – finished their matter.   By 11am (Malaysian time) Nov 7, it have become apparent that the primary black president of the US could re-capture the White House with greater than the 270 electoral votes he had to d...

Silverlake to incorporate SAS analytics capabilities into its services Banks able to leverage on market-main competencies of both organizations US-based totally commercial enterprise analytics employer SAS Institute has introduced a partnership with IT answers company Silverlake Group to introduce a number of SAS superior analytics answers to banks in Malaysia.   The have signed a Memorandum of Understanding (MoU) with the intention to see Silverlake incorporating SAS’ huge facts analytics competencies into its offerings.   The SAS abilties encompass Customer Intelligence, Risk Management, Fraud,  Data Management and SAS Visual Analytics, a huge facts visualisation tool, SAS said in a declaration.   “The strategic partnership between SAS Malaysia and Silverlake Group will permit Malaysia’s banking industry to leverage on the market-leading abilities of both companies,” said SAS Malaysia handling director Andrew Tan.   “With extra than 35 years of global enjoy in monetary servi...

Majority of CFOs nevertheless the use of a aggregate of instinct and spreadsheets as their primary gear Leveraging massive statistics and analytics could be the key differentiator for a success CFOs of the destiny THE boardroom is converting. New roles retain to emerge and spheres of impact are increasingly more fluid as corporations regulate to meet the demands of recent clients, technology and markets. Despite this evolution, the CFO’s (leader monetary officer's) seat proper subsequent to the CEO (chief govt officer) stays intact. According to a current have a look at with the aid of the IBM Institute of Business Value, CEOs say they rely greater closely at the CFO than at the rest of the board when they’re formulating commercial enterprise strategy.  What has historically differentiated the CFO from the relaxation of the C-suite is their command of the economic records impacting the enterprise – income, revenue, fees, etc. It is this information of organisational performan...