A presentation by the Lithuanian Actuarial Society (in English).

Description: The meet-up focused on the big data, i.e. transaction data, and data science methods application to support the robust risk management in Danske Bank. Danske Bank has recently adopted the agile methodology and established tribe set-up, thus the beginning of the meet-up focused on the agile terminology and ways of working. Later on, topics such as big data storing and working with it in a smart way were covered. Deep dive into the early warning model which predicts the customers probability of moving from good to bad rating was chosen as an example to show case big data and advanced methods capabilities. Finally, some analytical tools based on big data aggregations were presented.