Remove Data Enablement Remove Risk Management Remove Strategy
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Back to the Financial Regulatory Future

Cloudera

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk.

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Data-driven competitive advantage in the financial services industry

Cloudera

Cloudera’s customers in the financial services industry have realized greater business efficiencies and positive outcomes as they harness the value of their data to achieve growth across their organizations. Data enables better informed critical decisions, such as what new markets to expand in and how to do so.

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Why Is Data Loss Prevention is Crucial for Business?

Smart Data Collective

Also, data can be accidentally leaked from storage due to human error. Monitoring all sensitive data enables companies to identify potential vulnerabilities and secure endpoints before a data leakage can occur. Implementing robust DLP software is just one step of a comprehensive data protection strategy.

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How to use DSPM to reduce cloud storage costs: a guide on how to identify and delete redundant, obsolete, or trivial data in cloud environments using DSPM tools

Laminar Security

Implementing DSPM for cost reduction Effective implementation of Data security posture management (DSPM) can drive significant cost reductions in cloud storage by addressing three critical areas: risk management, access governance, and compliance.

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Best Practices for Data Catalog Implementation

Octopai

For business users Data Catalogs offer a number of benefits such as better decision-making; data catalogs provide business users with quick and easy access to high-quality data. This availability of accurate and timely data enables business users to make informed decisions, improving overall business strategies.

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Business process management (BPM) examples

IBM Big Data Hub

Business process management examples BPM can help improve overall business operations by optimizing various business processes. Here are some BPM examples that outline the use cases and benefits of BPM methodology: Business strategy BPM serves as a strategic tool for aligning business processes with organizational goals and objectives.

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The Power of Ontologies and Knowledge Graphs: Practical Examples from the Financial Industry

Ontotext

For example, they can detect hidden relationships between entities, suggest suspicious transactions or identify investment strategies or opportunities. For example, it can identify subsidiaries of a parent company or detect hidden ownership structures that may be indicative of reputational risk, fraud or regulatory violations.