Financial Institution Advantage and the Optimization of Information Processing offer a key resource for understanding and implementing effective data governance practices and data modeling within financial organizations. Sean Keenan-a noted expert on the topic-outlines the strategic core competencies, includes best practices and suggests a set of mechanisms for self-evaluation. He shows what it takes for an institution to evaluate its information processing capability and how to take the practical steps toward improving it.

Contents: Introduction. Acknowledgments. 1. Financial institutions as information processors. 2. Strategic hardware and software management. 3. Data, models and information. 4. Model risk measurement. 5. The return on analytic assets. 6. Data risk measurement. 7. A higher level of integration. 8. A strategy for optimizing the information processing complex. 9. Case studies. 10. Conclusions. References. Index.