A recent blog by CISCO speaks of how QCM – Quantitative Complexity Management – is used in anomaly detection in highly complex systems and contexts. In particular, it speaks of QCM as being able to detect the existence of an anomaly without having seen it before. Such capability goes beyond Machine Learning in that QCM…
Beyond Madoff: Anti-Money Laundering with Quantitative Complexity Management. By JB Beckett, Author of ‘New Fund Order’. Foreword by Jacek Marczyk. Foreword: “Our society depends on a number of highly complex and highly interconnected networks that process and distribute energy, information, goods, etc. They form an immense system of systems that has one key characteristic –…
The search for early-warning signs is one of the key issues for decision makers. The advantages of knowing in advance the evolution towards critical situations are obvious. Complexity is a new and powerful indicator that quantifies the degree of sophistication and governability of a business and which impacts its Resistance to Shocks[1] (RtS). Both complexity…
