Risk Analytics: Data-Driven Decisions Under Uncertainty

The 2022 World Economic Forum surveyed 1,000 experts and leaders who indicated their risk perception that the earth's conditions for humans are a main concern in the next 10 years. This means environmental risks are a priority to study in a formal way. At the same time, innovation risks are present in theminds of leaders, newknowledge brings new risk, and the adaptation and adoption of risk knowledge is required to better understand the causes and effects can have on technological risks. These opportunities require not only adopting new ways of managing and controlling emerging processes for society and business, but also adapting organizations to changes and managing new risks.

Risk Analytics: Data-Driven Decisions Under Uncertainty introduces a way to analyze and design a risk analytics system (RAS) that integrates multiple approaches to risk analytics to deal with diverse types of data and problems. A risk analytics system is a hybrid system where human and artificial intelligence interact with a data gathering and selection process that uses multiple sources to the delivery of guidelines to make decisions that include humans and machines. The RAS system is an integration of components, such as data architecture with diverse data, and a risk analytics process and modeling process to obtain knowledge and then determine actions through the new knowledge that was obtained. The use of data analytics is not only connected to risk modeling and its implementation, but also to the development of the actionable knowledge that can be represented by text in documents to define and share explicit knowledge and guidelines in the organization for strategy implementation.

This book moves from a review of data to the concepts of a RAS. It reviews RAS system components required to support the creation of competitive advantage in organizations through risk analytics. Written for executives, analytics professionals, risk management professionals, strategy professionals, and postgraduate students, this book shows a way to implement the analytics process to develop a risk management practice that creates an adaptive competitive advantage under uncertainty.

2022年世界經濟論壇對1,000名專家和領導者進行了調查，他們表示在未來10年內，地球對人類的條件是一個主要關注點。這意味著環境風險是一個需要以正式方式研究的優先事項。同時，創新風險也存在於領導者的思想中，新知識帶來新風險，需要適應和採納風險知識，以更好地理解技術風險可能對原因和影響產生的作用。這些機會不僅需要採用新的管理和控制新興過程的方式，還需要適應組織變革和管理新風險。

《風險分析：基於數據的不確定性下的決策》介紹了一種分析和設計風險分析系統（RAS）的方法，該系統整合了多種風險分析方法，以應對不同類型的數據和問題。風險分析系統是一個混合系統，人工智能與人類互動，通過數據收集和選擇過程使用多個來源提供指南，以做出包括人類和機器在內的決策。RAS系統是由多個組件組成的，例如具有多種數據的數據架構，以及風險分析和建模過程，以獲取知識，然後通過獲得的新知識確定行動。數據分析的使用不僅與風險建模及其實施相關，還與開發可行知識相關，該知識可以通過文件中的文本來定義和共享組織中的明確知識和指南，以實施戰略。

本書從對數據的回顧開始，介紹了RAS的概念。它回顧了支持通過風險分析在組織中創建競爭優勢所需的RAS系統組件。本書針對高管、分析專業人員、風險管理專業人員、戰略專業人員和研究生學生，展示了一種實施分析過程以在不確定性下創建適應性競爭優勢的風險管理實踐的方法。

Eduardo Rodriguez Ph.D. is a member of the Advisory Board of the new Finance, Innovation and Technology Certificate from the Fields Institute of Mathematics, University of Toronto. He is an Assistant Professor in the School of the Mathematical Sciences at Wenzhou -Kean University in Wenzhou China. He is the founder and leader of the Risk Analytics Lab at Wenzhou Kean University. Lately, he has been active participant in the creation and development of the Data Science Program at the Inter-American University of Puerto Rico and keynote speaker in the CSAE International Conference on Computer Science and Application Engineering 2021 and 2022. Moreover, he is an Analytics Adjunct Professor at Telfer School of Management at University of Ottawa, Canada. He is the Founder and Principal at IQAnalytics Inc. Research Centre and Consulting Firm in Ottawa Canada.

Eduardo was the first Sentry Endowed Chair in Business Analytics University of Wisconsin-Stevens Point. He has been Corporate Faculty of the MSc in Analytics at Harrisburg University of Science and Technology Pennsylvania USA, Senior Associate-Faculty of the Center for Dynamic Leadership Models in Global Business at The Leadership Alliance Inc. Toronto Canada, and in his work, he has created and developed the Analytics Stream of the MBA at the University of Fredericton, Canada. He has been Visiting Scholar Chongqing University China, and EAFIT University for the Master of Risk Management.

Eduardo has extensive experience in analytics, knowledge, and risk management mainly in the insurance and banking industry. He has been the Knowledge Management Advisor and Quantitative Analyst at EDC Export Development Canada in Ottawa, Regional Director of PRMIA (Professional Risk Managers International Association) in Ottawa, Executive Vice-President, Vice-President Marketing and Planning for Insurance Companies and Banks in Colombia. Moreover, he has worked as a part-time professor at Andes University and CESA in Colombia, author of six books in analytics, reviewer of several journals and with publications in peer-reviewed journals and conferences. He created and Chair the Analytics Think-Tank, organized and Chair of the International Conference in Analytics ICAS, member of academic committees for conferences in Knowledge Management and international lecturer in the analytics field.

Eduardo holds a Ph.D. from Aston Business School, Aston University in the UK, an MSc. Mathematics Concordia University Montreal Canada, Certification of the Advanced Management Program McGill University Canada, and an MBA and bachelor's in mathematics from Los Andes University Colombia. His main research interest is in the field of Strategic Risk, Risk Analytics, Startegic Intelligence Development, and Knowledge Management applied to Enterprise Risk Management.

Eduardo Rodriguez博士是多倫多大學數學研究所新金融、創新和技術證書的顧問委員會成員。他是中國溫州肯恩大學數學科學學院的助理教授，也是該校風險分析實驗室的創始人和負責人。最近，他一直是波多黎各國際大學數據科學項目的創建和發展的積極參與者，並擔任2021年和2022年CSAE國際計算機科學和應用工程會議的主題演講嘉賓。此外，他還是加拿大渥太華大學特爾弗管理學院的分析副教授，以及加拿大渥太華IQAnalytics Inc.研究中心和咨詢公司的創始人和負責人。

Eduardo曾是威斯康辛州史蒂文斯點大學的第一位Sentry商業分析講座教授。他曾是賓夕法尼亞州哈里斯堡科技大學分析碩士課程的企業教師，多倫多The Leadership Alliance Inc.全球商業動態領導模型中心的高級副教師，並在工作中創建和發展了加拿大Fredericton大學MBA的分析流程。他曾在中國重慶大學和EAFIT大學擔任訪問學者，並為風險管理碩士課程提供支持。

Eduardo在保險和銀行業的分析、知識和風險管理方面擁有豐富的經驗。他曾擔任加拿大渥太華EDC出口發展銀行的知識管理顧問和量化分析師，加拿大渥太華PRMIA（專業風險管理師國際協會）的區域主任，哥倫比亞保險公司和銀行的執行副總裁、副總裁市場和規劃。此外，他曾在哥倫比亞的安第斯大學和CESA擔任兼職教授，是六本分析書籍的作者，多個期刊的審稿人，並在同行評審期刊和會議上發表過論文。他創建並主持了分析智庫，組織並主持了國際分析會議ICAS，是知識管理會議的學術委員會成員，也是分析領域的國際講師。

Eduardo擁有英國阿斯頓大學阿斯頓商學院的博士學位，加拿大蒙特利爾康科迪亞大學的數學碩士學位，加拿大麥吉爾大學高級管理課程的證書，以及哥倫比亞安第斯大學的MBA和學士學位。他的主要研究興趣是戰略風險、風險分析、戰略情報發展和應用於企業風險管理的知識管理。