Event- and Data-Centric Enterprise Risk-Adjusted Return Management:A Banking Practitioner’s Handbook
Author:Kannan Subramanian R and Dr. Sudheesh Kumar Kattumannil
Publisher Finelybook 出版社：Apress; 1st ed. edition (January 18,2022)
pages 页数：1118 pages
Take a holistic view of enterprise risk-adjusted return management in banking. This book recommends that a bank transform its siloed operating model into an agile enterprise model. It offers an event-driven,process-based,data-centric approach to help banks plan and implement an enterprise risk-adjusted return model (ERRM),keeping the focus on business events,processes,and a loosely coupled enterprise service architecture.
Most banks suffer from a lack of good quality data for risk-adjusted return management. This book provides an enterprise data management methodology that improves data quality Author:defining and using data ontology and taxonomy. It extends the data narrative with an explanation of the characteristics of risk data,the usage of machine learning,and provides an enterprise knowledge management methodology for risk-return optimization. The book provides numerous examples for process automation,data analytics,event management,knowledge management,and improvements to risk quantification.
The book provides guidance on the underlying knowledge areas of banking,enterprise risk management,enterprise architecture,technology,event management,processes,and data science. The first part of the book explains the current state of banking architecture and its limitations. After defining a target model,it explains an approach to determine the “gap” and the second part of the book guides banks on how to implement the enterprise risk-adjusted return model.
What You Will Learn
Know what causes siloed architecture,and its impact
Implement an enterprise risk-adjusted return model (ERRM)
Choose enterprise architecture and technology
Define a reference enterprise architecture
Understand enterprise data management methodology
Define and use an enterprise data ontology and taxonomy
Create a multi-dimensional enterprise risk data model
Understand the relevance of event-driven architecture from business generation and risk management perspectives
Implement advanced analytics and knowledge management capabilities