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Data Science use cases discussed in ORX Data Science Working Group

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Data science is being used across industries. Our new working group promotes its application to operational risk.

The ORX Data Science Working Group aims to bring together data science professionals to explore and discuss the use of advanced analytics to solve operational risk problems.

The second Data Science Working Group session was hosted on 28 June 2023 and joined by 22 attendees from ORX member firms. During this session, ORX presented their findings from the report Data science for operational risk. Firms then discussed some of their current data science use cases for operational and non-financial risk (ONFR) management.

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