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To keep pace as banking becomes increasingly digitized in Southeast Asia, OCBC was looking to utilize AI/ML to make more data-driven decisions to improve customer experience and mitigate risks. While these are great proof points to demonstrate how business value can be driven by AI/ML, this was only made possible with trusted data.
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.
EA and BP modeling squeeze risk out of the digital transformation process by helping organizations really understand their businesses as they are today. It improves IT and business data literacy and knowledge, supporting enterprise data governance and business enablement. And do it without the risk of breaking everything.
IAM must be balanced for three things — speed, risk, and usability. However, speed must be balanced with each organization’s unique risks. While the right IAM structure can reduce risk, insufficient IAM can increase risk. . While the right IAM structure can reduce risk, insufficient IAM can increase risk. .
For example, data catalogs have evolved to deliver governance capabilities like managing data quality and data privacy and compliance. It uses metadata and data management tools to organize all data assets within your organization. A business glossary to explain the business terms used within a data asset.
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