Model Risk Management – Dünnes Eis

Banken dürfen das Thema Model Risk Management nicht aussitzen – schon wegen der EZB und ihrer Initiative TRIM – Abwarten, verzögern, aussitzen: Die Banken tun seit Jahren nicht viel dafür, sich als aktiver Gegenpart der Bankenaufsicht zu profilieren. Ist ihnen das vorzuwerfen? Schließlich, so scheint es, treibt die Aufsicht auch […]

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Series plot with varying attributes

This article is motivated by a recent question on the SAS Communities board.  This user wants to create a series or spline plot where the attributes of the line (color, thickness) can be changed based on another variable. In this case it may be a binary variable with “0” and […]

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Three energy trends that are actually IoT opportunities

You’ve probably heard the stats about the number of internet-connected devices, which make up the Internet of Things (IoT). Most likely, you’re part of the narrative. We’re all connected in new ways and through more devices than ever before. Sometimes IoT impacts our daily lives – safety sensors on cars, […]

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Improving Customer Experience With GDPR

A blog post from Forrester reveals that “German consumers are very informed about their data privacy. 68% are aware that companies buy and sell their household information, and 58% are likely to cancel a transaction if they see something they don’t like in a privacy policy”. With companies operating in multiple […]

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A question of language: Getting the AI message across

It is always interesting to attend trade shows and find out what’s new. It is also, however, slightly depressing to hear what’s not new, especially when it is an issue that we have been discussing for some time. At the National Retail Federation’s event in New York City recently, I […]

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People, platforms, and potential: The road to AI

You can, as the saying goes, lead a horse to water, but you cannot make it drink. The same saying also seems to be true of analytics and particularly of platforms: You can provide a platform, but how can you make sure that it will be used, providing both value […]

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Admin Notebook: Making the case for selectively backing up metadata

Let’s say that you are administering a SAS 9.4 environment that is working just fine. You’ve checked that your full backups are indeed happening and you’ve even tried restoring from one of your backups. You are prepared for anything, right? Well, I’d like to propose a scenario to you. You […]

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How to Stay Committed to Clean Eating When Life Inserts Itself

It’s been quite an interesting Winter, one that was predicted by the Farmer’s Almanac to be cold and wet.  Cold?  Not so much.  Wet?  Painfully so! Parts of it have been beautiful, though, including an unexpected snow storm in January that covered our area in 10 – 12 inches of […]

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My top 10 elements for a successful hackathon

As a regular hackathon participant, I’m often asked about what I appreciate in a well-run event, and what makes a hackathon successful. I’ve written before about the power of hackathons to be a melting pot of creativity, education and teamwork, whether in general, or in specific sectors like banking. They […]

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Solve a system of nonlinear equations with SAS

This article shows how to use SAS to solve a system of nonlinear equations. When there are n unknowns and n equations, this problem is equivalent to finding a multivariate root of a vector-valued function F(x) = 0 because you can always write the system as f1(x1, x2, …, xn) […]

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