Models Behaving Badly?
1-minute version In 2011 Emanuel Derman wrote his book Models Behaving Badly: In general models do not perform well in financial crises. Risk and finance department will face a challenge in maintaining their behavioural models since these models are usually calibrated on ‘normal times’. Behavioural models play a crucial role in, among others, ALM, pricing, […]
How will COVID-19 affect banks?
On 19 March, Kees van Dijkhuizen, chairman of the board of ABN AMRO, stated that banks will be part of the solution for the current crisis. Together with ING, Rabobank, de Volksbank and Triodos Bank, they decided to give companies affected by the COVID-19 a six-month delay in loan repayment. Initially, it concerns loans of […]
Restarting regular care
With our complementary knowledge and expertise BeBright and Amsterdam Data Collective help hospitals and other caregivers with their new challenge of restarting regular care as soon as possible. The outbreak of COVID-19 has made a lot of impact on the regular care. To liberate the scarce resources hospitals have cancelled half of the regular non-acute […]
Number 1 online retailer 2020
December feels already long behind with high (online) sales due to the holidays season. These sales are traditionally linked in The Netherlands with the race for gifts for Sinterklaas and Christmas. Lately a number of initiatives coming from abroad have been giving an extra boost to those sales. Black Friday is the day after Thanksgiving […]
A sustainable clothing choice by AI
We built a database with 2000+ clothing brands with a sustainability rating. In this article, we walk you through the interesting parts of the process. This is how we help to make a sustainable choice in clothing. The code is available open source for you to explore and improve. The fashion industry is impactful, let’s […]
Data science: why use it?
People often ask me what ‘data science’ actually is. At Amsterdam Data Collective (ADC), data science has a broad meaning: it is everything that has to do with the process of retrieving useful information from data, as well as editing and presenting that data. Some experts in data science will put the emphasis on the […]
How data science can help medical research
In medical research there is a growing amount of data. It can therefore benefit from the possibilities and innovations that data science brings to the table. Whether it is analysing complex datasets to uncover new information or automating research outcomes, data science is able to help and deliver value. Our project for Stichting Hartekind Each […]
Could Artificial intelligence help you buy sustainable clothing?
Since the horrible Dhaka collapse in 2013, the situation concerning working conditions has somewhat improved and clothing brands are trying to make a change. However a lot more can and should be accomplished. The modern fast-fashion industry is still dominated by the pressure to produce fast and cheap. Every time you buy a piece of […]
Learn how we solve complex problems with advanced statistical techniques
Every now and then I come across someone who thinks that a touch of artificial intelligence is sufficient to make a silk purse out of a sow’s ear. The majority of entrepreneurs and managers, especially IT and innovation managers, however, take a more realistic approach towards big data and data analysis now, as many among […]
Collective Week 2019
During the first week of November, while the last remodeling of our new office took place, we escaped Amsterdam for a full week together with the ADC team. We stayed in the middle of a beautiful German forest, which was the perfect location for our second annual Collective Week. The Collective Week is one of […]