5 April 2024 – Strategic financial management in the financial services industry: A multiple goal stochastic programming approach

Speaker: Dr. Antti Korhonen, CEO, Detech Decision Technologies, Finland

The 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.

The 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.

5 APRIL 2024 WEBINAR RECORDING


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