Predictive analytics - The silver bullet in efficient risk management for banks?
With increasing levels of economic volatility and global interconnectivity, a “good” economy can turn “bad” much more quickly today than 25 years ago. Globalised economies enable companies in one country to tap into markets in other countries, thereby reducing their exposure to local factors and reducing point failures.
However the very same interconnections also create issues where a strong local economy does not guarantee
the strength of the companies based in that economy. As per