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XAI: Accuracy vs Interpretability for Credit-Related Models

Analytics Vidhya

When too much risk is restricted to very few players, it is considered as a notable failure of the risk management framework. […]. The post XAI: Accuracy vs Interpretability for Credit-Related Models appeared first on Analytics Vidhya.

Modeling 395
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How Big Data Analytics & AI Combined can Boost Performance Immensely

Smart Data Collective

Business analytics. According to a study, 97% of businesses invest in big data and AI. This is where business analytic specialists come in. These types of specialists can also present their product or service to investors and potential customers with the help of AI and big data analytics. Innovations.

Big Data 122
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Rebalancing through Recalibration: CIOs Operationalizing Pandemic-era Innovation

CIO Business Intelligence

The technology initiatives that are expected to drive the most IT investment in 2023 security/risk management, data/business analytics, cloud-migration, application/legacy systems modernization, machine learning/AI, and customer experience technologies.

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Five Trends for the Financial Services Industry to Track in 2021

Cloudera

Here’s my take on some of the trends specific to the impact that data, analytics and AI/ML will have as we look at the year ahead. . Trend #1: The Crossroads of Risk Management and Emerging Technology. Artificial intelligence and machine learning (AI/ML) will be central to risk modeling in 2021 and the future.

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What Are the Industries That Benefit Most from Big Data?

Smart Data Collective

FinTech, as a whole, relies mostly on Big Data , helping the industry overcome regulatory obstacles and create innovative solutions such as virtual banking assistants and risk management tools for trading. Public services. Until not that long ago, Government and public services were largely bureaucratic.

Big Data 106
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Best BI Tools Examples for 2024: Business Intelligence Software

FineReport

The convergence of these business analytics advancements underscores the transformative potential of modern BI tools in empowering organizations with actionable insights. As businesses navigate an increasingly data-driven environment, staying abreast of these trends is essential for leveraging data as a strategic asset.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. Predictive Analytics It is a subset of business analytics that uses statistical techniques (algorithms) to find patterns in historical data points and predict future outcomes with high accuracy.