bridgei2i

SEPTEMBER 24, 2020

However, risk management is no way lagging. ERM or Enterprise Risk Management is being used to identify crises long before it blows up into a huge problem. AI is being used to assess, prioritize, and mitigate risks in the enterprise so that the business operations do not take a hit. Risk Management Model.

Risk Management 52

Risk Management Risk Enterprise Management 52

John Wheeler

SEPTEMBER 15, 2020

As the recovery efforts fully take hold in 2021, a deep understanding of the integrated nature of risks associated with business operations will take center stage. Those businesses that employ a “PRACtical” approach utilizing integrated risk management (IRM) will be in the best position to recover quicker and more successfully.

Risk Management 52

Risk Management Risk Management Business Objectives 52

John Wheeler

DECEMBER 18, 2018

Last week, I had the distinct privilege to join my Gartner colleagues from our Risk Management Leadership Council in presenting the Q4 2018 Emerging Risk Report. We hosted more than 500 risk leaders across the globe in our exploration of the most critical risks.

Digital Transformation 96

Digital Transformation Risk Management Internet of Things Risk 96

Sisense

JANUARY 7, 2022

As businesses adapt to the pandemic and shift to new norms, risk mitigation strategies have become as normal and ubiquitous as having a fire escape in the office. Smarter, AI-driven learning and development initiatives will help mitigate risk in our rapidly evolving world. Minimising risk by ‘infusing’ AI.

Risk Management 52

Risk Management Risk Management Dashboards 52

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. IRM technology product leaders will need to develop IRM capabilities that are capable of addressing the IRM market insights outlined in this blog post. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

DataRobot Blog

NOVEMBER 17, 2022

What’s your AI risk mitigation plan? Just as you wouldn’t set off on a journey without checking the roads, knowing your route, and preparing for possible delays or mishaps, you need a model risk management plan in place for your machine learning projects. Enterprise Ready AI: Managing Governance and Risk.

Risk Management 52

Risk Management Risk Modeling Management 52

Smart Data Collective

MAY 4, 2023

As a result, third-party risk management (TPRM) has become a crucial aspect of enterprise risk management. These steps can help reduce the risks of data breaches. This blog post delves into the various elements of vendor security and discusses best practices to maintain robust security in vendor relationships.

Risk Management 113

Risk Management Key Performance Indicator Measurement Risk 113

John Wheeler

MAY 2, 2019

Gartner clients are consistently searching for ways to improve their risk management programs to deliver greater value to the enterprise. That’s why Gartner has been promoting integrated risk management (IRM) solutions for the past 4 years. Competitive Landscape: Integrated Risk Management Solutions.

Technology 75

Technology Risk Management Risk Digital Transformation 75

erwin

DECEMBER 20, 2018

Whether implemented as preventative measures (risk management and regulation) or proactive endeavors (value creation and ROI), the benefits of a data governance initiative is becoming more apparent. With that in mind, we’ve compiled a list of the very best, best-practice blog posts from the erwin Experts in 2018.

Data Governance 40

Data Governance ROI Risk Management Metadata 40

Cloudera

AUGUST 12, 2021

In my previous blog post, I shared examples of how data provides the foundation for a modern organization to understand and exceed customers’ expectations. Risk Management. A 2019 HBR article mentioned how organizational decisions backed by data have instilled more confidence and reduced risk. Conclusion.

Data-driven 111

Data-driven Manufacturing Insurance Risk Management 111

Cloudera

OCTOBER 12, 2020

Risk management and real-time fraud analysis for IT and finance teams. The post Cloudera acquires Eventador to accelerate Stream Processing in Public & Hybrid Clouds appeared first on Cloudera Blog. Personalized promotions and customer 360 use cases for sales and marketing teams.

IoT 132

IoT Risk Management Finance Sales 132

CIO Business Intelligence

MAY 21, 2024

This all-round view, which has been christened IBM Concert 360 view, contains a single unified view of an enterprise’s applications along with their dependencies, information about risks around applications, and a view of common flows between applications.

Enterprise 110

Enterprise Management Data Lake Risk 110

datapine

FEBRUARY 22, 2022

Improved risk management: Another great benefit from implementing a strategy for BI is risk management. However, it is possible to identify some potential drawbacks and apply risk management practices in advance. Pursue a phased approach. Rome wasn’t built in a day: neither will your BI.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

CIO Business Intelligence

MAY 28, 2024

While we are proud to build and release models that are industry-leading on both capabilities and safety, we welcome a robust debate at this important moment,” it said in the blog post. Therefore, it is essential to integrate security measures, risk management, and ethical considerations from the design stage, rather than as an afterthought.”

Risk 116

Risk Risk Management Consulting Modeling 116

DataRobot

OCTOBER 22, 2021

In part one of our “Five Ways AI Can Help States Solve Their Hardest Problems” blog series, we reviewed the ramifications of crisis response management—or lack thereof—and how AI can help. This can be accomplished by providing stronger accountability, increased productivity, and transparency into spending and risk management.

Risk 98

Risk Risk Management Data-driven Management 98

DataRobot Blog

APRIL 29, 2022

The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks. However, after the financial crisis, financial regulators around the world stepped up to the challenge of reigning in model risk across the financial industry.

Risk 111

Risk Modeling IT Risk Management 111

IBM Big Data Hub

OCTOBER 23, 2023

1] Managing complex business operations across a hybrid multicloud environment presents leaders with unique challenges, not least of which are cyberthreats that can bring essential business functions to a halt—potentially for days, weeks or months. And they do so at scale across hybrid cloud and on-premises infrastructure.

Risk 84

Risk Strategy Risk Management Digital Transformation 84

O'Reilly on Data

JANUARY 22, 2019

In this blog post, we explore three types of errors inherent in all financial models, with a simple example of a model in TensorFlow Probability (TFP). We thank the TensorFlow Probability team, especially Mike Shwe and Josh Dillon, for their help in earlier drafts of this blog post. Finance is not physics. References. Thompson, L.S.

Modeling 198

Modeling Finance Uncertainty Data mining 198

DataRobot Blog

JULY 22, 2022

At many organizations, the current framework focuses on the validation and testing of new models, but risk managers and regulators are coming to realize that what happens after model deployment is at least as important. Now is the time to address the gaps in your organization’s model management by adopting a robust new system.

Modeling 105

Modeling Risk Management Testing Risk 105

Smart Data Collective

JULY 16, 2023

This blog post will provide an in-depth exploration of these strategies, equipping fund managers with the knowledge to boost their fund performance and investor confidence. We will talk about some of the biggest ways that big data is changing the future of risk management among hedge funds.

ROI 97

ROI Data Analytics Analytics Risk Management 97

Cloudera

FEBRUARY 4, 2021

Cloudera comprehensively supports the demanding risk and compliance requirements of financial services and insurance organizations globally and it is an honor to receive this recognition. Supporting the industry’s risk data depository and data management needs. Risk management and models in a COVID-19 world.

Risk 88

Risk Marketing Technology Management 88

John Wheeler

SEPTEMBER 14, 2018

This week, Gartner hosted its annual Security & Risk Management Summit in London and the buzz at the event centered on the new risks associated with the General Data Protection Regulation (GDPR). It’s no wonder that CEOs consider risk management as one of their top priorities in 2018 (see figure below).

Risk Management 56

Risk Management Risk Data Processing Interactive 56

Cloudera

JUNE 29, 2023

Implementing a modern data architecture makes it possible for financial institutions to break down legacy data silos, simplifying data management, governance, and integration — and driving down costs. However, because most institutions lack a modern data architecture , they struggle to manage, integrate and analyze financial data at pace.

Data Architecture 85

Data Architecture Risk Management Risk Management 85

Smart Data Collective

AUGUST 19, 2023

Credit risk may result in everything from late payment penalties to huge financial losses, especially if the borrower fails on a considerable sum or if a large number of borrowers default at the same time. The World Bank Blog has an entire post dedicated to this topic. Big data technology is making these processes easier than ever.

Risk 98

Risk Data Analytics Analytics Finance 98

CIO Business Intelligence

JULY 12, 2023

Last week, I attended the annual Gartner® Security and Risk Management Summit. The event gave Chief Information Security Officers (CISOs) and other security professionals the opportunity to share concerns and insights about today’s most pressing issues in cybersecurity and risk management. See you there.

Risk Management 98

Risk Management Risk Digital Transformation Strategy 98

Cloudera

MAY 30, 2024

In this context, Cloudera and TAI Solutions have partnered to help financial services customers accelerate their data-driven transformation, improve customer centricity, ensure compliance with regulations, enhance risk management, and drive innovation.

Data Analytics 81

Data Analytics Risk Management Analytics Digital Transformation 81

IBM Big Data Hub

APRIL 18, 2023

With more detailed information about each transaction, analysts can develop deeper insights, which can help to improve risk management, fraud detection and compliance with regulatory requirements. Enhanced Risk Management: better identify and manage risks, such as fraud, credit risk and operational risk.

Risk Management 110

Risk Management Cost-Benefit Risk Data-driven 110

IBM Big Data Hub

MAY 31, 2024

At both gatherings, participants emphasized the importance of effective governance and risk management. Current risk mitigation strategies (including having human-in-system roles and robust training data) are not necessarily enough. What’s next? Learn more about how watsonx can help usher in governments into the future.

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98

erwin

MARCH 25, 2021

Risk Management and Regulatory Compliance. Risk management, specifically around regulatory compliance, is an important use case to demonstrate the true value of data governance. According to Pörschmann, risk management asks two main questions. How likely is a specific event to happen? “You

Data Governance 109

Data Governance Cost-Benefit IT Risk 109

John Wheeler

JUNE 1, 2021

Gartner continues to receive high client demand for integrated risk management (IRM) insights and what IRM offers beyond the typical governance, risk and compliance (GRC) technology deployments. That’s exactly what we hear from organizations who look to GRC as a solution for their risk management challenges.

Risk Management 59

Risk Management Risk Enterprise Technology 59

IBM Big Data Hub

DECEMBER 4, 2023

DORA has several objectives, including to comprehensively address information and communications technology (ICT) risk management in the financial services sector and harmonize the ICT risk management regulations that already exist in individual EU member states.

Risk Management 85

Risk Management Risk Cost-Benefit Business Services 85

Domino Data Lab

AUGUST 6, 2021

It’s similar to corporate governance, except that it applies specifically to ML/AI models and should be viewed as a subset of model risk management. It’s purpose is to improve efficiency as well as to mitigate risks, and to either reduce or eliminate the financial impact of any hazards that can occur.

Machine Learning 145

Machine Learning Modeling Testing Data Science 145

Cloudera

DECEMBER 14, 2022

OCBC Bank optimizes customer experience & risk management with multi-phased data initiative. The company recently migrated to Cloudera Data Platform (CDP ) and CDP Machine Learning to power a number of solutions that have increased operational efficiency, enabled new revenue streams and improved risk management.

Data Strategy 81

Data Strategy Strategy IT Contextual Data 81

Cloudera

FEBRUARY 15, 2024

From stringent data protection measures to complex risk management protocols, institutions must not only adapt to regulatory shifts but also proactively anticipate emerging requirements, as well as predict negative outcomes. The post Back to the Financial Regulatory Future appeared first on Cloudera Blog.

Insurance 88

Insurance Data Architecture Risk Management Risk 88

Cloudera

APRIL 18, 2024

In the financial sector, regulations are essential for financial institutions to maintain stability by preventing excessive risk-taking, ensuring adequate capitalization and reducing the likelihood of failures or financial crises.

Risk Management 76

Risk Management Risk Testing Management 76

IBM Big Data Hub

APRIL 19, 2024

This blog series discusses the complex tasks energy utility companies face as they shift to holistic grid asset management to manage through the energy transition. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

Management 85

Management Internet of Things Risk IoT 85

Cloudera

OCTOBER 20, 2021

Since then, a further update has been made to the BIS stress testing principles that continues to emphasize the importance of scenarios in better understanding risk. . When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers. Assess Variables.

Risk 80

Risk Modeling Risk Management Measurement 80