Monthly Archives: July 2006

Risk And Data Warehousing

Robert Malone, in Forbes, lists three major points on risk management operations using data warehousing. And the major one is -

Company data should be leveraged to detect the early warning signs of a problem brewing. In most cases, these indicators exist but are overlooked or lost in the system. By using a data warehouse, a company can perform statistical process control against it and flag an early warning sign, just as the company would in its manufacturing line. A company has to look for changes in performance: Consistency should be rewarded, and inconsistency is an alarm signal.