IBM Big Data Hub

MAY 28, 2024

While every data protection strategy is unique, below are several key components and best practices to consider when building one for your organization. What is a data protection strategy? Why it’s important for your security strategy Data powers much of the world economy—and unfortunately, cybercriminals know its value.

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

IBM Big Data Hub

DECEMBER 8, 2023

The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events. Contingency plans should be in place if something drastic changes or risk events occur.

Risk 67

Risk Strategy Risk Management Insurance 67

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

IBM Big Data Hub

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Strategy 81

Strategy Management Forecasting Internet of Things 81

IBM Big Data Hub

JANUARY 30, 2024

To overcome various challenges associated with multicloud , organizations need to map out a comprehensive multicloud management strategy to achieve overall success. While each multicloud journey is unique, here are eight fundamental steps for creating a successful multicloud strategy: 1. What is multicloud architecture?

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

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 114

Risk Management Key Performance Indicator Measurement Risk 114

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

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). Whether financial models are based on academic theories or empirical data mining strategies, they are all subject to the trinity of modeling errors explained below. References.

Modeling 210

Modeling Finance Uncertainty Data mining 210

Smart Data Collective

JULY 16, 2023

Optimizing hedge fund performance requires the implementation of intelligent strategies, from managing risks to maximizing returns, improving investor relations, and adapting to shifting market conditions. 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

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

Strategy 65

Strategy Cost-Benefit Key Performance Indicator Consulting 65

Cloudera

MARCH 25, 2021

Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes. With a strategy and enterprise wide approach to governance in place, compliance becomes a side benefit of becoming a more data-driven organization. .

Data Strategy 65

Data Strategy Strategy Enterprise Insurance 65

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

MAY 31, 2024

Governments can help manage and mitigate these risks by relying on IBM’s five fundamental properties for trustworthy AI: explainability, fairness, transparency, robustness and privacy. Governments can also create and execute AI design and deployment strategies that keep humans at the hearth of the decision-making process.

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98

Smart Data Collective

FEBRUARY 28, 2023

Here at Smart Data Collective, we have blogged extensively about the changes brought on by AI technology. Over the past few months, many others have started talking about some of the changes that we blogged about for years. However, before we get started, we will provide an overview of the concept of risk parity.

Machine Learning 117

Machine Learning Risk Cost-Benefit Marketing 117

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

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

Alation

MARCH 14, 2023

Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

erwin

JULY 12, 2019

So it’s important to understand how to use strategic data governance to manage the complexity of regulatory compliance and other business objectives … Designing and Operationalizing Regulatory Compliance Strategy. How erwin Can Help.

Data Governance 110

Data Governance Management Metadata Risk Management 110

Cloudera

JULY 29, 2022

All successful organizations have business strategies in place that help them achieve their objectives. These strategies are usually long-term and include plans and actions on how to reach their goals. . Some even have too much data, so much so that the insights are obscured by the sheer volume and speed of the data coming in.

Data Architecture 89

Data Architecture Data Strategy Risk Management Strategy 89

CIO Business Intelligence

SEPTEMBER 14, 2023

This blog post highlights some of the key steps the enterprise architects at Discover made to ensure a successful transformation journey. Author Ed Calusinski is the Vice President of Enterprise Architecture and Technology Strategy at Discover Financial Services. A key aspect of our digital transformation was to lead with design.

Digital Transformation 105

Digital Transformation Risk Management Enterprise Technology 105

Cloudera

FEBRUARY 15, 2024

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk.

Insurance 88

Insurance Data Architecture Risk Management Risk 88

Cloudera

AUGUST 21, 2021

It provides direction for a robust business strategy that has taken into account risks and ways to manage them. Better visibility of their customers assures banks that they are not exposing themselves to additional risks in the process. Addressing new customers and markets. Personalizing the customer experience.

Data-driven 103

Data-driven Digital Transformation Risk Risk Management 103

IBM Big Data Hub

APRIL 12, 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. The first post of this series addressed the challenges of the energy transition with holistic grid asset management.

Optimization 81

Optimization Risk Risk Management Management 81

erwin

OCTOBER 17, 2019

The Regulatory Rationale for Integrating Data Management & Data Governance. Data security/risk management. It also helps define strategy and models, improving interdepartmental cohesion and communication. GDPR, HIPAA, SOX, CCPA, etc.) EA should be commonplace in data security planning.

Enterprise 106

Enterprise Digital Transformation Data Governance Risk Management 106

Cloudera

JUNE 12, 2024

Traditional machine learning (ML) models enhance risk management, credit scoring, anti-money laundering efforts and process automation. Some of the biggest and well-known financial institutions are already realizing value from AI and GenAI: JPMorgan Chase uses AI for personalized virtual assistants and ML models for risk management.

Finance 77

Finance Risk Management Risk Data-driven 77

datapine

MARCH 31, 2022

This all-encompassing branch of online data analysis is a particularly interesting field because its roots are firmly planted in two separate areas: business strategy and computer science. Problem-solving : BI isn’t just about analyzing data; it’s also about creating business strategies and solving real-world business problems with that data.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

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

erwin

FEBRUARY 20, 2020

Developing a shared repository was key to aligning IT systems to accomplish business strategies, reducing the time it takes to make decisions, and accelerating solution delivery. erwin helps model, manage and transform mission-critical value streams across industries, as well as identify sensitive information.

Enterprise 128

Enterprise Modeling Dashboards Visualization 128

erwin

APRIL 30, 2021

The top priority became mobility through a cloud-first strategy. Priority 3: Risk Management – Security and Compliance. Businesses are paying close attention to risk from internal and external sources.

Enterprise 131

Enterprise Digital Transformation Risk Management Risk 131

Cloudera

MAY 24, 2022

I recently attended the CeFPro environmental, social, and corporate governance (ESG) conference in London along with a variety of risk experts and ESG leaders from large global institutions. They can then translate those inputs into risk drivers, using our software, that affect their firms in particular. .

Risk 89

Risk Measurement Modeling Risk Management 89

IBM Big Data Hub

FEBRUARY 13, 2024

Invest in data hygiene and collection strategies to keep your engine running smoothly. Generative AI plays a crucial role in dynamically targeting and segmenting audiences and identifying high-quality leads, significantly improving the effectiveness of marketing strategies and outreach efforts. Garbage in, garbage out.

Enterprise 118

Enterprise Testing Modeling Data-driven 118

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

DataRobot Blog

JUNE 1, 2022

Whether you’re just learning about the power of AI or already in production and planning your long-term AI strategy, DataRobot AIX has something for everyone. DataRobot technology, cloud, and services partners like Accenture, BCG, Hexaware, Ernst & Young, and more will share the latest updates to help advance your AI strategy.

Machine Learning 119

Machine Learning Data-driven Risk Management Risk 119

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

John Wheeler

JULY 17, 2020

Continuing with the “20 for 20” theme started in last month’s blog post , I’ve decided to highlight the top 20 emerging technologies and trends (ETT) client topics for the first half of this year. These are all areas critical to effective response to COVID-19 business interruption.

Risk Management 52

Risk Management Risk Technology Interactive 52

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. This requires a holistic enterprise transformation. times higher ROI.

Enterprise 96

Enterprise ROI Risk Strategy 96

IBM Big Data Hub

OCTOBER 26, 2023

This blog focuses on the importance of sustainability reference architecture and how it helps companies meet their sustainability goals, especially meeting the environmental side of the ESG goals. It starts with developing a sustainability strategy and roadmap and ESG data reporting.

Reporting 70

Reporting Cost-Benefit Software Strategy 70