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DTSTART:20230101T000000
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DTSTART;TZID=UTC:20240405T100000
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CREATED:20240301T075050Z
LAST-MODIFIED:20240301T075555Z
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SUMMARY:Strategic financial management in the financial services industry: A multiple goal stochastic programming approach
DESCRIPTION:Speaker: Dr. Antti Korhonen\, CEO\, Detech Decision Technologies\, Finland \nThe presentation discusses optimization solutions for strategic financial decision-making and enterprise-wide risk management in financial institutions. The software is a sophisticated prescriptive analytics solution based on a stochastic dynamic optimization approach and solves highly complex real-world financial planning problems under uncertainty. The application is an integrated platform for banking\, insurance\, pension funds\, wealth management and multinational financial groups. \nThe software computes dynamic\, multi-period financial strategies with concrete action plans that fulfill diverse management goals\, priorities and regulatory requirements. The strategies help institutions to prepare simultaneously for multiple economic and financial market scenarios in uncertain operating environments. The computed forward-looking strategies lead to considerable improvements in performance when compared with more traditional approaches. This improvement in performance becomes particularly noticeable in exceptionally difficult and turbulent operating environments. \n\n\n\n\n\n\n\n\n\nEURO Practitioners’ Forum past and planned activities are available to the Forum members\, as well as the wider public. \nVisit the website and register as a member for free\, to get the regular updates on all activities: EPF Member registration page. The recordings and details from previous webinars are also available on this website. \nFollow the Forum on Eventbrite\, Twitter and LinkedIN \, and feel free to get in touch. \n\n\n\n\n\n\n\n\n\n\n\nEURO Practitioners’ Forum webinars organisers: Sofiane Oussedik (IBM)\, Joaquim Gromicho (ORTEC)\, Torkel Haufmann (Sintef)\, Adisa Mujezinovic
URL:https://www.euro-online.org/websites/or-in-practice/event/strategic-financial-management-in-the-financial-services-industry-a-multiple-goal-stochastic-programming-approach/
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