Smart Data Collective

SEPTEMBER 17, 2020

These terms are fundamentally tied predominantly to matters involving digital transformation as well as growth in companies. Financial institutions such as banks have to adhere to such a practice, especially when laying the foundation for back-test trading strategies. In this modern age, each business entity is driven by data.

Big Data 145

Big Data Finance Risk Management Risk 145

CIO Business Intelligence

SEPTEMBER 17, 2024

Moreover, undertaking digital transformation and technology modernization programs without an architect can lead to delays, technical debt , higher costs, and security vulnerabilities. CIOs often have a love-hate relationship with enterprise architecture.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

CIO Business Intelligence

MARCH 18, 2024

We’re at a critical time for digital transformation. But while there’s plenty of excitement and change underway, security risks and vulnerabilities have continued to follow right alongside that innovation. So, with no time to waste, where should they get started?

Risk Management 120

Risk Management Insurance Risk Testing 120

CIO Business Intelligence

NOVEMBER 7, 2024

This team addresses potential risks, manages AI across the company, provides guidance, implements necessary training, and keeps abreast of emerging regulatory changes. We are also testing it with engineering. Using a defensive and offensive strategy, we’ve taken decisive steps to ensure responsible innovation.

Insurance 120

Insurance Experimentation Testing Technology 120

CIO Business Intelligence

OCTOBER 15, 2024

But continuous deployment isn’t always appropriate for your business , stakeholders don’t always understand the costs of implementing robust continuous testing , and end-users don’t always tolerate frequent app deployments during peak usage. CrowdStrike recently made the news about a failed deployment impacting 8.5

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

MARCH 15, 2023

Some of these components have professional teams that test and maintain them, releasing security patches as needed. Managing costs while supporting digital transformation The Covid pandemic accelerated many digital transformation initiatives as executives struggled to meet the suddenly changing needs of both customers and employees.

Digital Transformation 126

Digital Transformation Risk Risk Management Strategy 126

CIO Business Intelligence

SEPTEMBER 10, 2024

I built it externally for $50,000 in just five weeks—from concept to market testing. The short tenure of many CIOs and CTOs—often three to four years—can be attributed to their inability to drive digital transformation at the necessary pace or their role as scapegoats for a lack of accountability among other executives.

IT 122

IT Risk Risk Management Predictive Modeling 122

CIO Business Intelligence

JUNE 8, 2023

Businesses are looking for tech pros with highly specialized skills, as they embrace digital transformation and increasingly rely on technology for core business. As organizations across every industry take on digital transformation, having project managers to help lead IT projects is a top priority.

IT 140

IT Digital Transformation Software Risk 140

CIO Business Intelligence

MAY 20, 2024

This has CIOs moving from experimenting and testing intelligence in pockets to scaling up deployments and rolling out intelligence throughout their organizations. Risk management came in at No. The approach taken by James Phillips, CIO at software maker Rev.io, reflects that trend. Foundry / CIO.com 3. For Rev.io

IT 142

IT Risk Management Machine Learning Risk 142

CIO Business Intelligence

MAY 13, 2024

The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI. 1 mandate to for CIOs to lead digital transformation. Business IT Alignment, Digital Transformation, IT Strategy

IT 131

IT Digital Transformation ROI Strategy 131

CIO Business Intelligence

SEPTEMBER 7, 2023

Established risk management framework to evaluate the use cases and validate the controls to manage relevant risks Continuous authentication and authorization to maintain the principles of least privilege and context of user entitlement.

Risk Management 98

Risk Management Risk Testing Digital Transformation 98

CIO Business Intelligence

MARCH 19, 2025

Highlight how ESG metrics can enhance risk management, regulatory compliance and brand reputation. Chitra Sundaram is the practice director of data management at Cleartelligence, Inc. with over 15 years of experience in enterprise data strategy, governance and digital transformation.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

SEPTEMBER 27, 2023

Looking at it more closely, as he drives NATO’s digital transformation to build enterprise solutions and cohesion across multi-domain operations, it’s vitally important to develop fluent and multi-faceted communication skills to achieve long-term IT success. To achieve digital transformation, it all starts with people.”

Digital Transformation 105

Digital Transformation Risk Management Enterprise Technology 105

CIO Business Intelligence

MARCH 8, 2023

But HPC can also be used to advance more traditional business outcomes — from fraud detection and intelligent operations to digital transformation. HPE GreenLake for HPC Is a Game Changer An as-a-service approach can address many of these challenges and unlock the power of HPC for digital transformation.

Digital Transformation 98

Digital Transformation Data-driven Modeling Risk Management 98

IBM Big Data Hub

JULY 31, 2023

Read the ANZ case study Gaining visibility through enterprise-wide business and risk analytics Banks depend on advanced analytics for almost every aspect of key business decisions that affect customer satisfaction, financial performance, infrastructure investment and risk management.

Digital Transformation 50

Digital Transformation Uncertainty Risk Data Warehouse 50

CIO Business Intelligence

DECEMBER 13, 2024

But Discover is taking a measured approach to the technology, with a centralized AI governance function within the company responsible for evaluating risk management around developing gen AI solutions, Strle says.

Digital Transformation 98

Digital Transformation Risk Risk Management Enterprise 98

CIO Business Intelligence

MARCH 5, 2024

Many employees want to experiment with AI assistants like Microsoft Copilot, while CIOs are under pressure from their CEOs to realign digital transformation priorities and deliver business value with generative AI capabilities. The research claims developers are faster and more fulfilled when using Copilot.

Advertising 124

Advertising Cost-Benefit Experimentation Reporting 124

CIO Business Intelligence

DECEMBER 7, 2023

In his current role as chief information and digital officer at WestRock, he’s responsible for developing and executing global information systems, technology, and cybersecurity strategy in addition to leading the company’s digital transformation. Space to take some risk and try new things has to be an expectation.

Testing 105

Testing Risk Marketing IoT 105

CIO Business Intelligence

OCTOBER 3, 2023

Hyperautomation is a key enabler of digital transformation, often touted as being necessary for an organisation’s survival, but often hampered by economic pressures and talent shortages. Process optimisation: processes are examined, re-engineered, standardised and carefully tested prior to being automated processes.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

CIO Business Intelligence

MAY 15, 2024

And bad actors can download these models for free and run them in their own environments in order to test potential hacks. You can overwhelm the infrastructure with requests so the model won’t,” says Elena Sügis, senior data scientist and capability lead at Nortal, a global digital transformation consultancy.

Modeling 137

Modeling Risk Software Enterprise 137

CIO Business Intelligence

JUNE 26, 2023

Wide-scale digital transformation has positioned technology as the center piece of companies’ revenue-generation strategies, both as foundation for delivering and servicing products and as the primary touchpoint for customer engagement. It’s the difference between being a risk manager and risk taker,” Sample says.

IT 119

IT Consulting Digital Transformation Software 119

CIO Business Intelligence

APRIL 27, 2023

Companies can’t ignore digital transformation as technology continues to dominate nearly every aspect of business and daily-life. They’re required to work closely with upper management, executives, and key stakeholders to identify business needs and requirements. Average salary: US$151,364 Increase from 2021 : 2.3%

IT 116

IT Software Risk Management 116

CDW Research Hub

APRIL 11, 2022

Once an organization’s collection of complexities is inventoried, the next step is to consider and implement approaches to manage them including action plans and mitigations—much like risk management, some complexity is uncontrollable but still can be managed. Leveraging automation to reduce complexity.

Testing 91

Testing Interactive Risk Management Software 91

bridgei2i

JULY 28, 2020

The second thing is that we’re seeing a real transition in our companies and organizations to a complete digital transformation and I call it universal digital transformation. We need people who can test. So, what we see that’s taking place in a more general setting is digital transformation.

Enterprise 98

Enterprise Digital Transformation Insurance B2B 98

CIO Business Intelligence

JULY 25, 2024

Offered by the ISACA, the CRISC certification validates your ability to understand and mitigate enterprise IT risk using the latest best practices to identify, analyze, evaluate, assess, prioritize, and respond to risks. It’s best suited for CIOs, IT executives, current or future IT managers, project managers, and business analysts.

IT 131

IT Management Risk Risk Management 131

CIO Business Intelligence

MARCH 22, 2022

With more and more companies undertaking the journey of digital transformation, the role of the CIO has become critical. He brings expertise in developing IT strategy, digital transformation, AI engineering, process optimization and operations. He will also plan and implement the company’s IT and digital strategy.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

CIO Business Intelligence

SEPTEMBER 2, 2022

Software engineers are at the forefront of digital transformation in the financial services industry by helping companies automate processes, release scalable applications, and keep on top of emerging technology trends. Full-stack software engineer.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

AUGUST 31, 2022

Software engineers are at the forefront of digital transformation in the financial services industry by helping companies automate processes, release scalable applications, and keep on top of emerging technology trends. Full-stack software engineer.

Finance 98

Finance IT Software Reporting 98

IBM Big Data Hub

DECEMBER 4, 2023

Migrating to Oracle requires thorough planning whether a business intends to adopt the platform for the management of a single process—such as finance or human resources—or migrate the entire organization’s operations into the cloud. Security: Ensure all sensitive data is stored appropriately. Delete all unnecessary data.

Testing 71

Testing Consulting Digital Transformation Cost-Benefit 71

Cloudera

MARCH 18, 2021

A means of incorporating the risk of market illiquidity, including liquidity horizons that range from 10 to 250 days. Continuous monitoring will be required, and banks will need to conduct back-testing to ensure accuracy. A machine learning ops framework that supports regular backtesting and P&L on attribution testing.

Machine Learning 55

Machine Learning Risk Risk Management Measurement 55

CIO Business Intelligence

JULY 31, 2023

As vendors add generative AI to their enterprise software offerings, and as employees test out the tech, CIOs must advise their colleagues on the pros and cons of gen AI’s use as well as the potential consequences of banning or limiting it. Douglas Merrill, a partner at management consulting firm McKinsey & Co.,

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

JULY 6, 2023

Another benefit is greater risk management. Using digitized processes ensures visibility, transparency, and adherence to process, often with service levels and quality assurance steps,” Reis says. Another good practice is to test and learn from solutions early and often. Pilot to accelerate results.

Cost-Benefit 119

Cost-Benefit Technology Unstructured Data Testing 119

Cloudera

NOVEMBER 18, 2021

This allows for an omni-channel view of the customer and enables real-time data streaming and a safe zone to test machine learning models using Cloudera Data Science Workbench (CDSW). Industry Transformation. Security & Governance Leadership.

Data Lake 77

Data Lake Cost-Benefit Digital Transformation Risk 77

IBM Big Data Hub

APRIL 4, 2024

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Most of these new technologies are born-in-cloud.

Cost-Benefit 55

Cost-Benefit Risk Management Risk Digital Transformation 55

IBM Big Data Hub

JANUARY 30, 2024

For instance, an organization might use Microsoft Azure for storing data, AWS for development and testing new applications, and Google Cloud for backup and disaster recovery. Drive digital transformation with IBM hybrid cloud solutions The post 8 steps to build a successful multicloud strategy appeared first on IBM Blog.

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

CIO Business Intelligence

JULY 18, 2023

“Organizations should look to hire and train fresh graduates instead of searching exclusively for experienced professionals,” says Sourya Biswas, technical director for risk management and governance at global cybersecurity consultancy NCC Group. Hiring, Staff Management

IT 98

IT Data Science IoT Machine Learning 98

AWS Big Data

JULY 16, 2024

In 2022, Zurich began a multi-year program to accelerate their digital transformation and innovation through the migration of 1,000 applications to AWS, including core insurance and SAP workloads. Zurich has done testing with Amazon SageMaker and has plans to add this capability in the near future.

Insurance 123

Insurance Management Cost-Benefit Optimization 123