erwin

FEBRUARY 4, 2021

However, organizations still encounter a number of bottlenecks that may hold them back from fully realizing the value of their data in producing timely and relevant business insights. Overcoming Data Governance Bottlenecks. Put data quality first : Users must have confidence in the data they use for analytics.

Data Governance 89

Data Governance Metadata Data Quality Risk Management 89

erwin

SEPTEMBER 17, 2020

Here are six benefits of automating end-to-end data lineage: Reduced Errors and Operational Costs. Data quality is crucial to every organization. Automated data capture can significantly reduce errors when compared to manual entry. Automating data capture frees up resources to focus on more strategic and useful tasks.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

Octopai

JUNE 19, 2023

Everyone has access to the same data and the same understanding of what the data represents, reducing miscommunications and discrepancies. Catalogs also allow for better Risk Management; data catalogs help businesses maintain regulatory compliance by providing a clear record of what data is stored and how it’s used.

Metadata 98

Metadata Data Governance Measurement Risk Management 98

Cloudera

JUNE 29, 2023

Implementing a modern data architecture makes it possible for financial institutions to break down legacy data silos, simplifying data management, governance, and integration — and driving down costs. Thus identifying trends that may impact liquidity and take preemptive action to manage their position.

Data Architecture 85

Data Architecture Risk Management Risk Management 85

erwin

APRIL 4, 2019

Some other common data governance obstacles include: Questions about where to begin and how to prioritize which data streams to govern first. Issues regarding data quality and ownership. Concerns about data lineage. Competing project and resources (time, people and funding).

Data Governance 75

Data Governance Data Quality Risk Management Data-driven 75

Octopai

JULY 12, 2020

An enormous amount of time was being wasted performing manual searches, as the BI team needed to frequently comb through the enterprise data warehouse’s fields to determine how each was calculated or to find their sources. Automated Data Lineage & Discovery Provides Enterprise-Wide Benefits.

Data Warehouse 84

Data Warehouse Data Quality Metadata Risk Management 84

DataRobot Blog

MAY 10, 2022

Addressing the Key Mandates of a Modern Model Risk Management Framework (MRM) When Leveraging Machine Learning . The regulatory guidance presented in these documents laid the foundation for evaluating and managing model risk for financial institutions across the United States. To reference SR 11-7: .

Risk 64

Risk Modeling Machine Learning Data Quality 64

IBM Big Data Hub

APRIL 20, 2023

This level of visibility also helps ensure that changes made over time don’t introduce new risks into the organization, can make it easier for banks to stay within regulatory guidelines, and helps ensure banks can respond quickly to changing business needs.

Risk 68

Risk Risk Management Reporting Metadata 68

Ontotext

APRIL 21, 2021

The problem was the left hand had no way of knowing the systemic issues around data governance, risk management and compliance framework. Through rich metadata and automated reasoning , it is possible to express the complexity of assets and their relationships. Conclusion.

Metadata 59

Metadata Finance Cost-Benefit Data Quality 59

Alation

MARCH 14, 2023

All critical data elements (CDEs) should be collated and inventoried with relevant metadata, then classified into relevant categories and curated as we further define below. Store Where individual departments have their own databases for metadata management, data will be siloed, meaning it can’t be shared and used business-wide.

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

Alation

JUNE 14, 2021

Do we know the business outcomes tied to data risk management? Once you have data classification then you can talk about whether you need to tokenize and why, or anonymize and why, or encrypt and why, etc.” Indeed, automation is a key element to data catalog features, which enhance data security.

Data Governance 97

Data Governance Recreation/Entertainment Data Lake Metadata 97

Ontotext

JULY 6, 2023

This shift of both a technical and an outcome mindset allows them to establish a centralized metadata hub for their data assets and effortlessly access information from diverse systems that previously had limited interaction. There are four groups of data that are naturally siloed: Structured data (e.g.,

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

AWS Big Data

AUGUST 14, 2023

Trunk (core data products) – Core data products are those that are central to the organization’s ability to function, and from which the majority of other data products are derived. Organizational governance for these data products typically favors availability and data accuracy over agility.

Management 98

Management Risk Measurement Optimization 98

Cloudera

JANUARY 22, 2019

Cloudera enables high-value analytical use cases from the edge to AI including proactive and predictive maintenance, usage-based analytics for targeted communications, recommendation engines, Enterprise Risk Management, AML (Anti-Money Laundering), Fraud Detection/Prevention, Cybersecurity, and Machine Models.

Big Data 44

Big Data Data Lake Internet of Things Enterprise 44

Andrew White

JANUARY 11, 2021

What are you seeing as the differences between a Chief Analytics Officer and the Chief Data Officer? Value Management or monetization. Risk Management (most likely within context of governance). Product Management. Saul Judah is our main person focusing on D&A risk management. Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52