Using new technology to enable optimization of the balance sheet
Default Finastra
The economic consequences of persistently low interest rates, together with the rise in inflation rates, has put unprecedented demands on financial institutions’ balance sheet performance - impacting product and investment strategies across the globe. In this paper, we outline an approach that leverages advances in big data, cloud computing and machine learning to implement an emerging financial discipline, which applies prescriptive analytics to help financial institutions make better decisions, remain agile, and find opportunities in volatile environments.