Has the upgraded computerized Business Intelligence analytical platforms been implemented in the credit risk management systems of financial institutions?
Please reply.
I am glad that interesting answers to the above question appeared.
The question inspired an interesting discussion and interesting conclusions that could be an inspiration to continue research in this area.
The answers given are very scientifically inspiring. In my opinion, it is good that there was a discussion in the question of this query.
Therefore, I am still reading the answers, following the interesting discussion.
Thank you for your answers. I invite you to further considerations, to continue the interesting discussion.
The issues of the use of information contained in Big Data database systems for the purposes of conducting Business Intelligence analyzes are described in the publications:
Article The Big Data technologies as an important factor of electron...
Article The Technological Solutions Big Data and the Importance of B...
I invite you to discussion and cooperation. Greetings
Dear Friends and Colleagues of RG
In my opinion, some banks and corporations develop systems of integrated, multi-faceted, based on improving advanced analytical models of risk management supported by analytics based on data processing techniques on computerized Business Intelligence platforms.
Do you agree with me on the matter?
Please reply
I invite you to the discussion
Best wishes
I believe that the constantly developed Business Intelligence analytics through the use of information technologies Industry 4.0 increases the possibilities of improving the risk management process of various types of threats and opportunities described and shaped by many different quantitative (measurable) factors.
Dear Ali A. Naeem,
I am glad that we have a similar opinion on this issue. Thank you for participating in the discussion.
Best wishes,
Dariusz Prokopowicz
In my opinion, Business Intelligence analytical platforms are used in risk management processes in corporations, in enterprises, including financial institutions. The key areas of risk management in financial institutions in recent years include the processes of credit risk management and cybercrime risk management, the risk of potential data loss in IT systems connected to the Internet. Analytics conducted on Business Intelligence platforms may be particularly useful in managing a specific risk category, e.g. credit risk, but most of all in relation to the portfolio of open transactions, i.e. the portfolio of granted loans.
Best regards,
Dariusz Prokopowicz
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