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DataRobot Blog
JUNE 27, 2022
If the assumptions are being breached due to fundamental changes in the process being modeled, the deployed system is not likely to serve its intended purpose, thereby creating further model risk that the institution must manage. These observations would have spanned a distribution, which the model leveraged to make its forecasts.
Jet Global
AUGUST 6, 2020
Andy Burrows is a UK-based finance consultant who coaches businesses all over the world to drive performance using data and financial strategies that work in practice, not just in theory. It means taking into account the strategic risk cycle, the controls, and the processes to fit the system together into a whole.
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DataRobot Blog
MAY 26, 2022
In this post, we will dive deeper into how members from both the first and second line of defense within a financial institution can adapt their model validation strategies in the context of modern ML methods. The decreasing default risk with increasing salary suggests that higher income applicants pose less credit risk to the bank.
DataRobot
OCTOBER 19, 2021
Many available forecasts provide less than four weeks notice at the state and county level. Additionally, these forecasts often miss surges in community transmission until it is too late to change course. To optimally provide for those most at-risk, real-world timelines must be aligned with real-world needs. Download Now.
CIO Business Intelligence
DECEMBER 19, 2023
Cyber hygiene best practices include device security , cyber security education , and secure networking strategies. However, outdated operating systems can be more vulnerable to security risks because they may lack the latest security updates and patches, serving as an entry point for hackers to infiltrate networks.
CIO Business Intelligence
AUGUST 17, 2022
The 2022 KPMG Fraud Outlook report “A Triple Threat Across the Americas” affirmed the increasing challenges; 77% of respondents to the KPMG survey say their cyber risk will grow over the next year. Enterprise storage cyber resilience continues to need to be part of your corporate cybersecurity strategy. Data Management
Jet Global
SEPTEMBER 8, 2020
Connect your tax function to strategy and eliminate error-prone processes. Managing variances between results and forecasts. Ultimately, organizations want to ensure they pay the right tax while also ensuring that their forecasting ability is dependable. Multiple drivers are transforming tax teams’ roles and responsibilities.
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