@article{1440644,
      note = {Includes index.},
      author = {Liermann, Volker, and Stegmann, Claus,},
      url = {http://library.usi.edu/record/1440644},
      title = {The digital journey of banking and insurance., Volume II,:  Digitalization and machine learning /},
      abstract = {This book, the second one of three volumes, gives  practical examples by a number of use cases showing how to  take first steps in the digital journey of banks and  insurance companies. The angle shifts over the volumes from  a business-driven approach in "Disruption and DNA" to a  strong technical focus in "Data Storage, Processing and  Analysis", leaving "Digitalization and Machine Learning  Applications" with the business and technical aspects  in-between. This second volume mainly emphasizes use cases  as well as the methods and technologies applied to drive  digital transformation (such as processes, leveraging  computational power and machine learning models). Volker  Liermann, Partner at ifb group, worked in the banking  industry for over two decades, primarily focusing on  financial risk management. Throughout his career, he has  focused on developing integrated and comprehensive  frameworks to help organizations correctly project risk at  a strategic and tactical line of business and departmental  level. He has also focused on developing frameworks to  integrate stress testing and regulatory stress tests. In  recent years, his focus has shifted to digitalization,  machine learning and digital processes including  improvements to classical financial and non-financial risk  management. He has a background in economics and a degree  in mathematics from the University of Bonn. Claus Stegmann  has as Co-CEO of ifb group an international consulting firm  acquired extensive know-how over the last three decades in  the financial industry regarding finance transformation,  risk management and regulatory compliance. He is  intensively engaged with the current challenges of the  financial industry, which result from strong changes to  customer behavior, a changing competitive environment and  new technologies due to digitalization. He has also  co-authored books on Stress Tests in Banks, Basel III as  well as Digitalization in the Finance Industry, and  graduated from Business School at the University of Passau,  Germany},
      doi = {https://doi.org/10.1007/978-3-030-78829-2},
      recid = {1440644},
      pages = {1 online resource :},
}