Challenges in adopting new digital systems

Kennisbank •
Zeus Paraguas, Abinash Satapathy, Inge Lodder

Technological advancements in data and advanced analytical methods play a crucial role in the future of the actuarial profession.

Challenges in adopting new digital systems

Organisations accelerating automation and data-driven decision-making, partner with quantitative professionals, such as actuaries, to achieve strategic and operational goals. While the aim is to increase business productivity, adoption of new techniques requires awareness of certain risk factors. In this article, we touch upon the risks involved in adopting new data-driven technologies, potential consequences and ways to mitigate these risks.

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