Model Risk Management & Governance for Financial Institutions: Q&A with BRIDGEi2i COO Ashish Sharma

Yes, retail is a trillion dollar industry worldwide. Yes, your consumers will continue to buy as you cater to their every need, want and desire ranging from camping supplies to handcrafted jewelry to custom-made shoes.

Credit card is one of the most revolutionary concepts in the financial sector. This piece pf plastic has changed the way we shop, spend and plan our finances. Given the convenience of use, most people consider it as the first mode of payment and credit cards have gained the reputation of becoming indispensable.

As always there is a flip side to all great concepts. Credit cards are no different. Maxed cards, overdue payments, unpleasant conversations with customer care, dealing with collection agents to name a few. We at BRIDGEi2i put together a cool board-game that takes on on a rollercoaster ride in the world of credit cards and gives you an experience of the ups and downs of owning a credit card.

Raise your hands if your company is busy waxing on about the buzzword – heavy coverage on data analysis. Don’t just read along, just keep your hands raised!

Analytics is the discovery of meaningful insights and communicating it in an efficient way using the data available. The advancement in analytics has led to the development of various techniques which help make people use their resources optimally.

Undertaking a survey is not a simple job as it requires a lot of experience with the design of Survey questionnaires and execution. And it does not end there; the raw data gets shape only after the meticulous process of analyzing survey results.

Most of the manufacturing organizations could have saved their money in procurement and the easiest way could have been saving it through purchasing these price volatile commodities.

A US-based client in the education industry wanted to analyze its learning centres across the USA and improve overall occupancy rates by optimizing number of centres, and increasing conversion rates and retention among high value customers.

I have had the good fortune of having met many executives who have made the leap across the divide from…

“Flying high in the blue sky” is the most beautiful dream that has haunted the heart of the man since…

It was an interesting conversation on Supply Chain fundamentals when somebody asked who can afford not to bother about their SCM at all. My thoughts suddenly turned to a savoury vendor in Chennai, who used to sell these awesome small onion samosas.

In the Part 2 of Google Analytics Googly, we identified scenarios where the Users / Unique Visitors measure numbers don’t appear correctly in visualizations, while connecting to a Google Analytics data source from Tableau, and discussed workarounds.

The human foot forward into the 21st century has ushered the big guns of globalisation and modernisation to severely impact every step taken. Numerous products, commodities, amenities and services are at our disposal making the desire to availability mapping incredibly robust.

Earlier fleet management used to be a static process, companies were largely in the dark as to the location of their vehicles and mostly depended on the data which is manually entered by the vehicle operator. Now with the advancement in technology, vehicles are fitted with GPS navigation system and…

Model Monitoring is a branch of governance and regulations theory defined for financial services. It is proven that unregulated and ungoverned business often leads to inefficiency. More precisely, it studies the effects of changes in the internal and environmental systems at the macroscopic scale by analysing the collective motion of models using analytics. Though there are many important model monitoring principles that govern the behaviour of models, the most critical principles are defined in three basic laws of Model Monitoring,

Virtual Reality (VR) is no longer a technology reserved for the gaming industry. The applications are manifold in industries such as education, engineering, healthcare, insurance, sports, telecommunications etc., Two things occurred to me when I first tried google cardboard was:

How immersive the experience would be in a much more technically crafted devices like Oculus Rift and
What would be the current and potential enterprise applications and implications of this technology for insurance industry.
Unlike other technology disruptions like telematics, IoT, mobile, digital and cloud in insurance industry which I have outlined in one of my previous blog, VR is yet to catch up in terms of adoption by insurers. However, there are some applications from which the early adopters of this technology have started benefiting.