The oven mitts are off as one of analytics top chefs SAS prepares to take the stage at the Gartner Data Science and Machine Learning Bake-Off in Orlando, FL, on March 22. Part of the Gartner Data and Analytics North America Summit, the Bake-Off will serve up a smorgasbord of data analytics delicacies, expertly prepared on the machine learning platforms of select advanced analytics vendors in head-to-head, live-action demonstrations. Continue reading
Tag Archives: Economy
PitchBook Predicts VC-Backed Exits
PitchBook, the premier data provider for the private and public equity markets, today released PitchBook’s VC Exit Predictor, a new tool and scoring methodology that objectively assesses a startup’s prospect of a successful exit. The tool leverages machine learning and PitchBook’s database of information on VC companies, financing rounds and investors. The primary component underpinning the tool is a classification model developed by PitchBook’s Institutional Research Group that predicts the probability a VC-backed startup will ultimately be acquired, go public, or not exit due to failure or becoming self-sustaining. PitchBook’s VC Exit Predictor is accessible within the PitchBook Platform and can be found on company profiles and in advanced search. Continue reading
Budget 2023: government needs to show it can jack up growth to regain economic credibility
Steve Schifferes, City, University of London
UK chancellor Jeremy Hunt’s spring budget is a tricky one in terms of timing. Having announced a set of steadying measures in the autumn statement after the Truss/Kwarteng debacle, this budget is likely to be the last but one before a 2024 general election. This makes it a little early for eye-catching tax cuts or business boosts.
Silicon Valley Bank: how interest rates helped trigger its collapse and what central bankers should do next
Charles Read, University of Cambridge
A former prime minister of Britain, Harold Wilson, is famous for remarking that a week is a long time in politics. But in the world of finance, it seems everything can change in just two days.
HSBC will acquire the assets of SVB UK. Deposits will be protected
Here’s the HM Treasury statement:
Silicon Valley Bank (UK) Ltd has today been sold to HSBC. HSBC is headquartered in London, is the largest bank in Europe and is one of the world’s largest banking and financial services institutions, serving 39 million customers globally. Customers of SVB UK will be able to access their deposits and banking services as normal from today.
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The Institute of Chartered Accountants in England and Wales (ICAEW) aim to change the face of accountancy with the launch of their third consecutive virtual work experience programme in collaboration with Cappfinity
ICAEW has launched their latest virtual work experience programme in partnership with HR tech firm, Cappfinity. The professional membership body, which represents the interests of 195,000 members and students around the world and has 13 offices worldwide, launched its 2023 campaign following the success of its innovative work experience programme in 2021 and 2022. Continue reading
Superbrands UK list of the most iconic brands in the country
Consumers’ changing lifestyle and behaviour have been reflected in the iconic brands that have achieved 2023 Consumer Superbrand Status, with Rolex showing it can stand the test of time, alongside Lego, Samsung and Mastercard. Continue reading
Business Leaders and Consumers Want It – So Where’s The ESG Progress?
ESG and sustainability continue to remain top of mind for both business leaders and consumers. And survey research conducted by global strategy consultancy L.E.K. Consulting indicates both groups are committed to becoming more sustainable – and are willing to pay a price and make trade-offs for it. Continue reading
US financial institutions brace for soaring financial crime, with 100 percent re-evaluating their approach to risk
As war rages in Ukraine and inflation impacts the economy, financial institutions in the United States expect a subsequent economic downturn to drive a rise in financial crime. Continue reading
Splitit, Alipay form partnership to power ‘Pay After Delivery’ installments on AliExpress
Splitit Payments Limited (“Splitit” or the “Company”) (ASX:SPT, OTCQX:SPTTY), the only white-label service allowing customers to pay by installments using their existing credit on their payment card at checkout, announces that Splitit and Alipay have formed a partnership to power the ‘Pay After Delivery’ option for shoppers on AliExpress, a global eCommerce marketplace owned by the Alibaba Group. The service will initially launch in Germany, France and Spain, with plans to expand into other international markets. Continue reading