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CIO risk-taking 101: Playing it safe isn’t safe

CIO Business Intelligence

When it comes to structural risks you can ignore them as well, but you can’t make them go away by doing so and will be blamed if they’re “realized” (the risk-management term for “becoming real”). Rationalizing the applications portfolio reduces the odds of these risks being realized.

Risk 116
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Using Technology to Better Manage Risk in Insurance

Decision Management Solutions

In February, we published a blog post on “Using Technology to Add Value in Insurance”. In that post, I referenced Matt Josefowticz’s article – Technology May be the Answer for Insurers, but What Was the Question? , Insurers can also manage risk more effectively through continuous improvement.

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

AWS Big Data

Regulators have placed an increased focus to both protect the consumer through transaction reporting (typically T+1, meaning 1 business day after the trade date) and increase transparency into markets via near-real-time trade reporting requirements. The query to generate this chart has similar performance metrics as the preceding chart.

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How DLT Can Help Businesses Meet Their ESG Commitments

CIO Business Intelligence

Whether it is individuals or businesses, financial institutions or investors, regulators or insurers, everyone in the ‘economic community’ is aware making ethical decisions is no longer just ‘wokeness’—it makes good business sense too. The pandemic has only further strengthened this realization.

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3 areas where gen AI improves productivity — until its limits are exceeded

CIO Business Intelligence

Still, he urges companies to look beyond measurements of coding speed. At Gallagher, a global insurance brokerage, risk management, and consulting services firm, executive search practice managing director Tom Wilson says his team uses gen AI for research and written communications.

IT 128
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New Regulatory Requirements Will Help Shape Cybersecurity for Finance

CIO Business Intelligence

Policy makers around the world have been recognizing this heightened risk, which has been further amplified by the recent geopolitical tensions. The European Union (EU) has pulled together a proposal for a unified framework to regulate risk management for financial institutions. DORA’s Impact.

Finance 98
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Top 15 project management certifications

CIO Business Intelligence

The certification covers how to plan, execute, control, and complete project schedules and how to develop project measures, approach project control, and lead project teams. Price: $999 for the single video course package; $2,999 for the unlimited video courses; or $3,499 for the full live-course bundle. Requirements: No prerequisites.