Analytics

  • 1485

    Data Monetization: An approach for unlocking data opportunities

    The value of data is well understood across all industries, but today’s financial services firms are focusing more energy and resources on unlocking its potential than ever before. Based on their own experiences, Maria Hammargren, Prateek Kulshreshtha and Cian O Braonain provide a three-step approach organizations can use to monetize their information assets.

  • 1472

    Data Analytics as a Service in Asset Management: Moving from assumption to fact-based modeling

    David Donovan examines the shift toward fact-based data models within the asset management industry as firms look to gain an edge on their competitors and respond to mounting margin pressure.

  • 250

    SHIPPING ANALYTICS: improving business growth, competitive advantage and risk mitigation

    Data analytics is driving incremental value for ship owners and charterers by influencing decisions across the various business functions of the marine business—such as voyage management, vessel operations and manning, as well as chartering and third-party risk assessment. As information collection and integration throughout the shipping value chain continues to evolve, shipping companies are beginning to harness data to make a range of decisions, from managing routine activities to improving operations and driving strategic decisions focused on transforming the business. In this article, Kunal Bahl presents analytics use cases that show how charterers and ship owners can utilize the power [...]
  • 198

    ENERGY INTELLIGENCE: the key to competitive advantage in the volatile LNG market

    Today’s liquefied natural gas (LNG) industry faces extreme price volatility and uncertainty in supply and demand. The recent oil price bust, continued growth of LNG spot trades over the last decade, and an increase in the number of LNG exporters and importers across the globe have added more complexity to the process of identifying the right market (for maximum profit) in which to trade LNG. As a result, firms that are interested in remaining competitive and protecting profits have begun to critically evaluate their business processes and the technology that enables them. Many are exploring ways to become more efficient, [...]
  • 179

    PREDICTIVE ANALYTICS IN INTEGRITY MANAGEMENT: a ‘smarter’ way to maintain physical assets

    Safe and reliable transportation of products is the backbone of pipeline companies. In order to avoid costly and hazardous product leaks, pipeline companies spend considerable amounts of money to maintain the integrity of their assets. Ensuring the integrity of assets, such as pipes, pumping units, meters and valves, requires a robust maintenance strategy that minimizes asset/ equipment failures. In this article, Ashish Tyagi and Jay Rajagopal discuss how predictive analytics can help make asset integrity management more reliable and cost-effective. TRADITIONAL APPROACHES TO INTEGRITY MANAGEMENT Some people who own cars are so hard pressed for time that they neglect to [...]
  • 151

    MANAGING AN ANALYTICS PROGRAM: the three key factors for success

    Analytics programs bring a different level of execution and delivery complexity involving many unknowns and constant changes. In this article, Barbara Thorne-Thomsen, Cassandra Howard and Shahed Haq discuss the three key challenges for developing an analytics project, plus three key success factors for making them work. Many companies recognize that they have opportunities to use data and analytics to enhance productivity, improve decision-making capabilities and gain a competitive advantage. However, managing and executing an analytics program can be challenging. It requires setting a strategy; drawing a detailed roadmap for investing in assets such as technology, tools and data sets; and [...]
  • 467

    CHOOSING AN APPROACH TO ANALYTICS: is a single technology platform the right investment?

    There is virtually no debate about the business value of analytics. Effective analytics provide insights into what happened, why it happened and what is likely to happen in the future, as well as the factors that could help shape different outcomes. But when it comes to the “how” of analytics—including which technology platform(s) will be used to support them—there is far less clarity. In this article, Abhishek Bhattacharya explores some of the fundamental challenges of building an analytics capability, including the pros and cons of investing in an all-encompassing technology platform. THE BUILDING BLOCKS OF SUCCESSFUL ANALYTICS Although technology platforms [...]
  • 451

    STOCHASTIC ANALYTICS: increasing confidence in business decisions

    With the increasing complexity of the energy supply chain and markets, it is becoming imperative for businesses to make decisions faster and with more confidence, in the face of increasing uncertainty. In this article, Tomas Simovic and Rashed Haq discuss how today’s technology and advanced models are enabling firms to do more than simply improve decision-making, but rather to reengineer it entirely. They also explain how by solving the right problem, using the right tools, approximating business problems and leveraging visualization, companies can impart valuable insights to their business users. INTRODUCTION Whether in financial markets or commodity trading, decision makers [...]
  • 416

    FUEL MARKETING OPTIMIZATION: providing an advantage in an increasingly complex and competitive market

    Fuel marketing companies are faced with a volatile commodity market and an increasingly stringent regulatory environment. Better decision support systems are required to provide insights to grow margins and effectively utilize assets. In this article, Pooja Malhotra, Rathin Gupta and Rajiv Gupta discuss how recent advances in computing make a strong case for fuel marketing companies to evaluate and invest in optimization tools. They also explain how users can leverage these tools to more efficiently and effectively evaluate multiple scenarios, uncover opportunities and make better business decisions. For decades, fuel marketing companies have been connecting customers to refiners, giving refiners [...]
  • 881

    Metrics Trend Report Q4 2014

    Since 2005, Sapient Global Markets and Markit have worked together to provide the G15 banks with global derivative transaction metrics for the over-the-counter (OTC) Derivatives Regulators’ Forum chaired by the Federal Reserve Bank of New York. The dealer group community utilizes this data to increase operational efficiency, along with verifying the ranking within the group and evaluating trading activity. The key metrics encompass OTC derivatives transaction volume and electronic processing of trade confirmations and measures the time delay in issuing trade confirmations. In this article, Aaron Gill and Vassil Kirtchev provide the Q4 2014 metrics and associated highlights. The industry’s [...]