Data, Analytics and AI
Long-term company value and insight with the help of data analytics.
Consulting newsletter
Bringing you unique points of view on areas including risk and governance, sustainability and climate, resilience and supply chain, change and transformation, cyber security, technology and data, analytics and AI.
In conversations with Andretti about data
Hear from our Head of Data, Analytics and AI, Lloyd Richards as he talked with Alberto Blanco Camino, Head of Software and Strategy at Andretti Formula E about how the use of data elevates Andretti's performance on race day.
Boost data trust, deliver business outcomes, and use intelligent analysis to make your data analytics hugely valuable.
The innovative and practical application of governance, technology and analytics is key to unlocking the value of your data.
Providing an end-to-end solution to unlock the value inherent in your data, our team brings together specialists in data strategy, data governance, data analytics, statistics, and actuarial science.
We put in place proportionate solutions that work for the maturity of your organisation, working with your team to transfer skills and capability, and ensure your approach to data is fit for the future and for today.
Our approach puts governance at the heart of everything we do, and ensures your approach to data is aligned with your organisation’s business strategy and ethics.
Strategy
Understanding how data, models and artificial intelligence (AI) fit with your corporate strategy is key to correctly positioning your data strategy. It is important to understand key stakeholders’ priorities and ensure data is used to support the decision-making behind those priorities.
Strategy
Governance
A robust data governance programme defines policies on how data is sourced, managed, owned and used. Model governance ensures model risks are identified, understood and managed in an efficient and effective way.
Governance
Analytics
Effective data analytics unlocks the story of data to help key stakeholders make decisions with all the facts. Our data analysts interrogate data to develop meaningful insights and impactful visualisations aligned to your business strategy.
Analytics
Embedding
Together with your team, we’ll ensure we build robust solutions for the future. In order to foster continuous improvement at the pace you need to deliver, we will adapt our approaches to suit your culture, capability and maturity.
Embedding
- Data strategy
- Data governance
- Model risk management
- Analytics and AI
- Stress testing and scenario analysis
- Actuarial and internal model services
- Setting and embedding your organisation’s data strategy to align with your business strategy.
- Data exploration in a secure sandbox environment to understand and remediate data gaps in accuracy and completeness; ensuring that data is readily available for analysts to engage, interrogate and visualise.
- Stakeholder training on the uses of data, governance and artificial intelligence (AI).
- Alignment of data lineage tools to business requirements, use cases, team size, budget and capability in line with your organisation’s data architecture and external data sources.
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What we do: Data governance programmes | Data policies and standards | Data sourcing. Benefits: Your organisation can be certain that data is sourced, managed, processed and used in a way that meets all internal requirements and external stakeholder regulations, creating a platform for effective data analytics. |
- Developing and embedding a robust data governance programme to define policies on how data is sourced, managed, owned and used throughout the full data lifecycle.
- Mapping data lineage and advising on a range of industry lineage tools, to give clarity over data flows throughout the business, from sourcing to use in analytics and modelling.
- Advising on data sourcing, generation or purchase and transformation for storage and retrieval.
- Drafting of specific data government policies and standards in line with programme governance and local/global regulations.
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What we do: Data governance programmes | Data policies and standards | Data sourcing. Benefits: Your organisation can be certain that data is sourced, managed, processed and used in a way that meets all internal requirements and external stakeholder regulations, creating a platform for effective data analytics. |
- Understanding regulatory expectations, both now and in the future, to ensure a model risk management approach that is fit for purpose.
- Evaluating the scale and complexity of your organisation’s model universe and enabling an efficient and effective approach in the translation of existing capital model frameworks into pragmatic and aligned approaches for wider model types.
- Designing model definitions, model inventories and model risk assessment protocols that meet the nature and scale of your business.
Implementation and roll-out of model risk assessments.
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What we do: Model risk management | Regulatory insights | Model risk assessments | Model inventory. Benefits: Your organisation will understand the risks inherent in your model portfolio and be able to take steps to manage those risks as models continue to grow more complex and specialised. |
- Our skilled team with deep industry expertise helps you tell the story of your data through targeted insights and interactive visualisations, supporting decision-makers with the information they need.
- Artificial intelligence (AI) presents new opportunities to work with increasing efficiency for many organisations. Developing a robust AI toolkit and skillset can transform strategic decision-making, risk assessment and forecasting: giving decision-makers the information they need faster than ever before.
- Our suport in developmenting a robust strategy and control environment enables you to target investment in AI that helps to unlock its strategic importance for your organisation.
- Our AI pilots will help you to develop confidence in your skills and capabilities to progress AI strategically.
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What we do: Data analytics | Data visualisation | AI strategy | AI control environment | Actuarial modelling. Benefits: There is a vast amount of value locked away within your organisation’s data. Our end-to-end approach culminates in data analytics supplemented by AI to help you unlock that value and achieve your business aims. |
- Development and integration of stress testing tools to understand the impact of univariate and multivariate stress tests.
- Development of custom scenarios to understand failure points and integrate into reverse stress testing.
- Integration into recovery and resolution planning with articulation of scenarios and management actions.
- Advanced data visualisation to communicate scenario impacts, recovery options and improvements in management.
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What we do: Stress testing | Scenario testing | Reverse stress testing | Recovery and resolution planning | Data visualisation. Benefits: Your organisation will benefit from a custom, realistic and strategically aligned suite of stress testing and scenario analysis to fully understand potential impacts and to help you to take and plan the required actions to build resilience. |
- Actuarial advice to insurers, asset managers and pension schemes.
- In-house modelling tools and capabilities to validate calculations and support decision-making.
- Internal model revalidation and model drift analysis.
- Integration with model risk management; assessment and validation of actuarial models.
- Risk function support including function oversight, risk opinions and deep dives.
- Own Risk and Solvency Assessment Reporting support.
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What we do: Actuarial modelling | Model risk assessment and validation | Internal model revalidation | Data analytics | Data visualisation | Actuarial risk management | ORSA. Benefits: Your organisation will benefit from a blended skillset combining actuaries with project managers, risk experts and sustainability professionals to provide end-to-end solutions that support your business strategy. |
Contact us
Explore our services
Working together we can help you successfully adapt and overcome the challenges you may face, both today and in the future.
Acting as your trusted partner, through practical and proportionate approaches, our work can help you become more sustainable, more resilient, and more adaptable to change and uncertainty.