Remove Book Remove Measurement Remove Reporting Remove Risk Management
article thumbnail

Combine transactional, streaming, and third-party data on Amazon Redshift for financial services

AWS Big Data

The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory reporting. You can run a direct query from QuickSight for BI reporting and dashboards.

article thumbnail

How to Gain Greater Confidence in your Climate Risk Models

Cloudera

Firms face critical questions related to these disclosures and how climate risk will affect their institutions. What are the key climate risk measurements and impacts? When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers.

Risk 79
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What to Do When AI Fails

O'Reilly on Data

To date, at least 1,200 reports of AI incidents have been recorded in various public and research databases. Materiality is a widely used concept in the world of model risk management , a regulatory field that governs how financial institutions document, test, and monitor the models they deploy. How Material Is the Threat?

Risk 361
article thumbnail

Building cyber resiliency for your data with IBM FlashSystem

IBM Big Data Hub

While the need for reliable, resilient, recoverable and corruption-free data governance has long been achieved by a backup and recovery routine, more modern techniques have been developed to support proactive measures that protect against threats before they occur. Cyber resiliency goes beyond mere cybersecurity measures.

Risk 78
article thumbnail

Who is Ready for Climate Disclosures?

Cloudera

Alongside guidance initiatives from central banks such as the Bank of England’s pledge and the US Federal Reserve’s committees, organizations are assessing their strategy to measure risk and meet climate disclosure reporting requirements. Climate Risk Measuring and Modeling.

Risk 88
article thumbnail

Averting turbulence in the air

CIO Business Intelligence

She is also mindful of security: “Is it too adventurous to book the ticket through an unfamiliar travel agency, or should I book through the airline itself?” According to Verizon’s 2023 Data Breach Investigation Report (DBIR), the transportation industry as a whole was breached 249 times with 349 incidents reported.

article thumbnail

Managing risk in machine learning

O'Reilly on Data

Below are the top search topics on our training platform: Beyond “search,” note that we’re seeing strong growth in consumption of content related to ML across all formats—books, posts, video, and training. Classification parity means that one or more of the standard performance measures (e.g.,