Smart Data Collective

MAY 8, 2022

Big data, analytics, and AI all have a relationship with each other. For example, big data analytics leverages AI for enhanced data analysis. In contrast, AI needs a large amount of data to improve the decision-making process. What is the relationship between big data analytics and AI?

Big Data 122

Big Data Data Analytics Analytics Statistics 122

Smart Data Collective

JUNE 26, 2019

The insurance industry is based on the idea of managing risk. To determine this risk, the industry must consult data and see what trends are evident to draft their risk profiles. The in-depth analysis of historical data gives insurers a platform to base their determination of risk.

Insurance 110

Insurance Data Analytics Analytics Big Data 110

TDAN

APRIL 6, 2021

There is an ever-increasing awareness of concerns about data privacy, corporate data breaches, increasing demands for regulatory compliance. There are also emerging concerns about the ways that big data analytics potentially influence and bias automated decision-making.

Risk Management 64

Risk Management Risk Management Big Data 64

Smart Data Collective

JUNE 24, 2021

Data analytics has dramatically upended our lives. One of the biggest implications of data analytics technology in the 21st Century is that it has led to a number of new cybersecurity solutions. More cybersecurity professionals are employing it as they discover the importance of data analytics in stopping cyberattacks.

Data Analytics 122

Data Analytics Analytics Internet of Things Measurement 122

CIO Business Intelligence

NOVEMBER 19, 2024

More impactful cloud-first strategies Intel and SAS have forged a partnership that provides organizations with high-performance processors and advanced software to leverage the latest advancements in cloud, AI, and data analytics technologies.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

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. ” Anna adds.

Risk Management 52

Risk Management Risk Management Dashboards 52

Smart Data Collective

SEPTEMBER 17, 2020

Nowadays, terms like ‘Data Analytics,’ ‘Data Visualization,’ and ‘Big Data’ have become quite popular. In this modern age, each business entity is driven by data. Data analytics are now very crucial whenever there is a decision-making process involved. Perks Associated with Big Data.

Big Data 145

Big Data Finance Risk Management Risk 145

Cloudera

MAY 18, 2021

With Flink SQL, business analysts, developers, and quants alike can quickly build a streaming pipeline to perform complex data analytics in real time. In this article, we will be using synthetic market data generated by an agent-based model (ABM) developed by Simudyne. Intraday VaR. Image Source: [link].

Risk 99

Risk Marketing Risk Management Data-driven 99

Cloudera

MAY 30, 2024

In this context, Cloudera and TAI Solutions have partnered to help financial services customers accelerate their data-driven transformation, improve customer centricity, ensure compliance with regulations, enhance risk management, and drive innovation. Regulation and risk are a big focus for financial institutions.

Data Analytics 81

Data Analytics Risk Management Analytics Digital Transformation 81

CIO Business Intelligence

SEPTEMBER 10, 2024

As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on. “We We now are paying much more attention to it,” he says.

Risk Management 130

Risk Management Risk Enterprise Insurance 130

CIO Business Intelligence

MARCH 18, 2024

Every business in some form or another is looking to adopt and integrate emerging technologies—whether that’s artificial intelligence, hybrid cloud architectures, or advanced data analytics—to help achieve a competitive edge and reach key operational goals. So, who needs to adhere to DORA?

Risk Management 120

Risk Management Insurance Risk Testing 120

Smart Data Collective

DECEMBER 15, 2020

You can significantly increase the profitability of your trades by investing in top-of-the-line analytics technology. How Can Data Analytics Assist with Stock Trading. It is going to be a lot easier to trade effectively with new data analytics tools. Do your research with analytics tools.

Data Analytics 83

Data Analytics Analytics Big Data Machine Learning 83

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. Companies want candidates who can drive innovation, deliver meaningful business results, and work closely with other leaders to manage risks.

Risk Management 138

Risk Management Cost-Benefit Risk Technology 138

CIO Business Intelligence

MAY 20, 2024

From AI and data analytics, to customer and employee experience, here’s a look at strategic areas and initiatives IT leaders expect to spend more time on this year, according to the State of the CIO. Risk management came in at No. Foundry / CIO.com 3. For Rev.io

IT 142

IT Risk Management Machine Learning Risk 142

Smart Data Collective

NOVEMBER 19, 2021

Many developers have also started building tools for cryptocurrencies, such as trading platforms, digital wallets (an XMR wallet being only one of many examples), and data analytics tools. Though it’s still a high-risk investment, crypto baskets can mitigate risks in various ways. They Can Mitigate Your Overall Risk.

Risk 133

Risk Risk Management Metrics Marketing 133

CIO Business Intelligence

SEPTEMBER 17, 2024

All this while CIOs are under increased pressure to deliver more competitive capabilities, reduce security risks, connect AI with enterprise data, and automate more workflows — all areas where architecture disciplines have a direct role in influencing outcomes.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

Smart Data Collective

OCTOBER 14, 2019

That is how “big” the need for big data analytics came to be. More specifically, big data analytics offers users the ability to generate relevant insights from heaps of data. InfoSec specialists, in particular, find big data analytics very helpful in analyzing online threats.

Big Data 88

Big Data Data Analytics Analytics Unstructured Data 88

Smart Data Collective

OCTOBER 13, 2021

Take advantage of data analytics. One of the biggest reasons AI has become so valuable is that it is so tightly integrated with data analytics. Using data analytics technology, you can study this data to gain valuable insights to help with decision-making. Consider improving user experience.

Technology 133

Technology Cost-Benefit Experimentation Machine Learning 133

CIO Business Intelligence

OCTOBER 17, 2022

DORA’s uniform requirements for the security of network and information systems encompass not only enterprises in the financial sector, but also critical third-party vendors providing information and communications technology–related services to the financial sector, such as cloud platforms and data analytics.

Risk Management 105

Risk Management Risk Enterprise Insurance 105

AWS Big Data

FEBRUARY 1, 2024

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. We also used FactSet’s market data solutions for historical and streaming market quotes and trades.

Data Warehouse 131

Data Warehouse Dashboards Risk Management Risk 131

CIO Business Intelligence

SEPTEMBER 14, 2023

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently.

Risk Management 116

Risk Management Risk Marketing Cost-Benefit 116

CIO Business Intelligence

SEPTEMBER 24, 2024

Chief data and analytics officers need to reinvent themselves in the age of AI or risk their responsibilities being assimilated by their organizations’ IT teams, according to a new Gartner report. With AI, the focus has shifted dramatically to activating data through analytics to drive business value,” he says.

Data Governance 115

Data Governance Risk Management Risk Data Quality 115

Smart Data Collective

JULY 4, 2021

What Machine Learning Means to Asset Managers. On the finance side of businesses, asset management firms are utilizing machine learning with computerized maintenance management systems (CMMS) and data analytics to manage digital assets. Risk Management. For Non-Tech Users.

Machine Learning 143

Machine Learning Management B2B Unstructured Data 143

datapine

FEBRUARY 22, 2022

Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on. Improved risk management: Another great benefit from implementing a strategy for BI is risk management.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

IBM Big Data Hub

APRIL 18, 2023

ISO 20022 drives improved analytics and new revenue opportunities ISO 20022 enables more sophisticated payment analytics by providing a richer data set for analysis. Enhanced Risk Management: better identify and manage risks, such as fraud, credit risk and operational risk.

Risk Management 110

Risk Management Cost-Benefit Risk Data-driven 110

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

Cloudera

AUGUST 21, 2021

Data enables better informed critical decisions, such as what new markets to expand in and how to do so. It provides direction for a robust business strategy that has taken into account risks and ways to manage them. Since leveraging Cloudera’s data platform, Rabobank has been able to improve its customers’ financial management.

Data-driven 103

Data-driven Digital Transformation Risk Risk Management 103

Smart Data Collective

MARCH 27, 2023

Our lives are being affected by big data more than ever. Therefore, it should be no surprise that the big data analytics market is projected to be worth $655 billion by 2027. However, the rise of big data has also led to greater security risks. Businesses need to bolster their data security as a result.

Big Data 119

Big Data Risk Risk Management Finance 119

CIO Business Intelligence

JUNE 5, 2024

Close behind: data analytics and business intelligence projects as well as cybersecurity. That makes sense to Sharon Mandell, CIO for Juniper Networks, who argues that “you don’t get to do the cool stuff in IT until the core functions work well enough not to be a distraction.”

IT 111

IT Digital Transformation Risk Management Data-driven 111

CIO Business Intelligence

JUNE 8, 2023

The demand for project managers has grown, with salaries for this role increasing by 15.6% Key skills for the role include resource allocation, risk and change management, quality assurance, communication, and leadership and team building. percent since 2021, according to Dice.

IT 140

IT Digital Transformation Software Risk 140

CIO Business Intelligence

SEPTEMBER 29, 2022

New York-based insurance provider Travelers, with 30,000 employees and 2021 revenues of about $35 billion, is in the business of risk. Managing all of its facets, of course, requires many different approaches and tools to achieve beneficial outcomes, and Mano Mannoochahr, the companyâ??s Watch the full video below for more insights.

Machine Learning 134

Machine Learning Insurance Technology Software 134

Smart Data Collective

JUNE 3, 2021

Analytics tools enable companies to assess the performance of employees across various metrics and find ways to improve performance. Making better risk assessments. Risk management is one of the most important elements of financial planning. Analytics tools help companies develop better risk scoring models.

Management 124

Management Analytics Finance Analytics Technologies 124

CIO Business Intelligence

FEBRUARY 20, 2024

Microsoft Copilot can bring to bear a range of capabilities to help manufacturers mitigate risk, manage their inventory, improve planning, and make informed decisions quickly across the entire supply chain. Product optimisation.

Manufacturing 98

Manufacturing Sales Risk Management Forecasting 98

Cloudera

JULY 29, 2022

Is yours among the organizations hoping to cash in big with a big data solution? Organizations have good reason to believe that adopting data analytics tools and hiring data professionals will allow them to extract the full value of their data. Read on to be sure you set yourself up for success. .

Data Architecture 89

Data Architecture Data Strategy Risk Management Strategy 89

CIO Business Intelligence

DECEMBER 7, 2022

Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. For the immediate future, Lovelock says, budget issues will be, if not completely stable, at least manageable.

IT 132

IT Insurance Cost-Benefit Risk Management 132

CIO Business Intelligence

JUNE 14, 2022

For years, IT and data leaders have been striving to help their companies become more data driven. But technology investment alone is not enough to make your organization data driven. Such a strategy should connect how data will inform, support, and drive an organization’s short- and long-term strategic business plans.

Data Transformation 145

Data Transformation Data-driven Data Strategy Strategy 145

Dataiku

JANUARY 13, 2022

Governance is often the last thing that data, analytics, and AI teams want to think about, but it is one of the keys to delivering AI at scale. With the new functionality, new roles are joining the AI team, including program and risk managers, analytics leaders, and even domain experts.

Risk Management 64

Risk Management Risk Data Analytics Management 64