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What is Model Risk and Why Does it Matter?

DataRobot Blog

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses.

Risk 111
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Simulation for better decision making

Cloudera

Over the past decade, we have observed open source powered big data and analytics platforms evolve from large data storage containers to massively scalable advanced modeling platforms that seamlessly operate on-premises and in a multi-cloud environment. Derman (2016), Cesa (2017) & Bouchard (2018)). Strata Data London.

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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 12: How AI is rapidly transforming the enterprise landscape in the post-COVID world

bridgei2i

She’s the founder and CEO of StatWeather, a company, which was recognized as number one in climate technology globally in the year, 2017, by the Energy Risk Awards. We need people who can test. More efficient, more scalable systems are going to be able to handle more data. Not just that.

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Streaming Market Data with Flink SQL Part II: Intraday Value-at-Risk

Cloudera

This article is the second in a multipart series to showcase the power and expressibility of FlinkSQL applied to market data. Code and data for this series are available on github. Flink SQL is a data processing language that enables rapid prototyping and development of event-driven and streaming applications.

Risk 98
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The biggest enterprise technology M&A deals of the year

CIO Business Intelligence

Even though Nvidia’s $40 billion bid to shake up enterprise computing by acquiring chip designer ARM has fallen apart, the merger and acquisition (M&A) boom of 2021 looks set to continue in 2022, perhaps matching the peaks of 2015, according to a report from risk management advisor Willis Towers Watson. trillion in 2020 to $5.16