DataRobot Blog

MAY 26, 2022

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses. Conclusion.

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Risk Modeling Metrics Business Objectives 52

Domino Data Lab

AUGUST 10, 2021

Models can predict things before they happen more accurately than humans, such as catastrophic weather events or who is at risk of imminent death in a hospital. Download your free copy of How to Build a Model Driven Business. This comes down to model risk management. Why Is Modeling Important?

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Modeling IT Deep Learning Risk Management 64

Insight

FEBRUARY 19, 2020

I obtained the bulk of my data from the Internet Movie Database (IMDb), which provides a set of files for free download. Building Models to Predict Movie Profitability Here I use profitability as the metric of success for a film and define profitability as the return on investment (ROI). ROI = Profit/Budget).

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Risk ROI Modeling Metrics 67

Jet Global

NOVEMBER 15, 2021

A Tax Key Performance Indicator (KPI) or metric is a clearly defined quantifiable measure that an organization, or business, uses to measure the success of its Tax Function over time. Since every organization has its own manner of operation, the KPIs or metrics used for tax will vary from one organization to another. Download Now.

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Metrics Reporting KPI Risk Management 52

Jet Global

APRIL 5, 2021

Financial modeling involves combining key accounting, finance, and business metrics to build an abstract representation, or model, of a company’s financial situation. Risk management. For example, the capital budgeting model that we talk about later in this post will make use of the DCF model for some of its metrics. .

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Modeling Forecasting Metrics Finance 98

Jet Global

JANUARY 14, 2025

Shaping the Future: Conquering Finance Challenges in 2024 Download Now Cloud Adoption While cloud adoption isn’t a new trend at this point, its also nowhere near becoming old news. Teams will be focused on key performance metrics like return on assets (ROA), revenue growth rate, and gross profit margin. Download the brochure now.

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Finance Reporting Cost-Benefit Software 52

Jet Global

NOVEMBER 16, 2022

Download Now. management satisfaction. management satisfaction. Compliance Risk Management. Also known as integrity risk, compliance risk management can help your company navigate properly through the hoops of your industry’s laws and regulations. Give Your Metrics Context. Download Now.

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Reporting Software Key Performance Indicator Dashboards 94

Jet Global

DECEMBER 22, 2020

Because it is either too complicated or time-consuming to track key financial metrics, accounting teams may fall into the trap of checking KPIs occasionally and operating the rest of the time largely on assumptions and intuition. It also has implications for risk management; lots of small policies are less risky than a few large policies.

Insurance 69

Insurance Recreation/Entertainment Metrics Finance 69

Jet Global

MARCH 2, 2022

These recommendations are structured around governance, strategy, risk management, and metrics and targets all of which should interlink and inform each other. In turn, this involves finding the right metrics that will allow companies to properly identify and capture ESG activities and their impacts.

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Reporting Recreation/Entertainment Risk Insurance 59

Jet Global

MAY 9, 2024

How Implementing A Data Warehouse Solution Can Accelerate and Facilitate an ERP Upgrade Download Now Types of Data Pipelines Data pipelines are processes that automate the movement, transformation, and storage of data from source systems to destination systems. The pipeline should be monitored to ensure it runs smoothly and efficiently.

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Data Lake Data Warehouse Business Intelligence Machine Learning 52

Jet Global

APRIL 25, 2024

Thanks to automation, it is entirely possible to work as an accountant for your entire career without ever manually performing a reconciliation or monitoring relevant metrics during a financial close. Hubble Best Practices: Self Service Subledger Reconciliations Download Now Why Do We Need to Reconcile Accounts?

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Reporting Finance Management Risk 52

Jet Global

AUGUST 15, 2024

Leveraging EPM tools for demand planning and forecasting allows organizations to optimize inventory levels, align production schedules with customer demand, and reduce the risk of leaving distributors and retailers with stockouts or excess inventory. This allows businesses to shave days off supply chain and inventory management timelines.

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Management Manufacturing Forecasting Cost-Benefit 52

Jet Global

MARCH 17, 2025

Customizable dashboards enable stakeholders to focus on the metrics that matter most, fostering stronger collaboration and ensuring alignment with strategic goals. Risk Management and Compliance In todays regulatory landscape, businesses face the challenge of complying with an ever-growing number of rules and regulations.

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Finance Reporting Forecasting Risk 52