Spreadsheet Control And Management Is Core To Solvency II Compliance
Henry Umney, Director, ClusterSeven Insurers are undertaking actuarial transformation, as they move from manual processes to IT-led production systems to modernise and standardise modelling platforms as well as manage risk data. According to CEB TowerGroup Insurance, this approach will lower the operational risks of insurers...
With Scrutiny of Bank Tightening via Stress Tests, Data Quality Will Be Instrumental To Success
By Henry Umney, VP Sales, ClusterSeven Recently, the Bank of England published its third concurrent stress test results of the UK’s banking system. Based on the Bank’s new approach, this stress test is perhaps the severest yet in examining the resilience of the banking system....
Ensuring Data Accuracy in Research Organizations
By Joe Galletta, Sales Manager, ClusterSeven Recently, it transpired that 20 per cent of academic papers on gene research that are based on data collated in Excel spreadsheets have errors, writes Joe Galtetta. This is an eye-opener. It clearly highlights the extent to which the...
The key to Solvency II compliance
By Henry Umney, VP of Sales, ClusterSeven If you would like to download this in pdf form, please click here. Originally published in Insurance Business.
ClusterSeven Annual State of the Spreadsheet 2016: The Spreadsheet is Here to Stay
Take a look at the results of a recent survey ClusterSeven took of 160 professionals across the financial industry to understand the perception of spreadsheets and End User Computing tools (EUC) within their organizations. We have also published a report which goes into more depth on...
Data quality instrumental to financial stress testing programmes
By Henry Umney, VP of Sales, ClusterSeven Data plays a critical role in the complex process of stress testing, and as most stress tests are conducted wholly or partially via spreadsheet-based models in banks and financial institutions, it’s hardly surprising that the Bank of England’s...