Remove Download Remove Metrics Remove Risk Remove Strategy
article thumbnail

Automating Model Risk Compliance: Model Monitoring

DataRobot Blog

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. Monitoring Model Metrics. Figure 1: Data drift tab of a deployed DataRobot model.

Risk 59
article thumbnail

Track Debt-to-Equity Ratio for Better Understanding of Risk

Jet Global

The debt-to-equity ratio is one of the simplest metrics to calculate (total liabilities/total shareholder value) and also one of the most important. Primarily because it gives companies a clear indication of their risk exposure as they move forward in an uncertain economy. However, in all cases, companies need to track it closely.

Risk 80
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Automating Model Risk Compliance: Model Validation

DataRobot Blog

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.

Risk 52
article thumbnail

Trust: The foundation for successful digital transformation

CIO Business Intelligence

The Implications When it comes to establishing trust, organizations currently fall into two very different camps: On one hand, there are organizations in which teams are struggling with unrealistic strategies and manually maintained spreadsheets. Ultimately, these businesses run the increasing risk of falling behind in their markets.

article thumbnail

Balancing AI: Do good and avoid harm

IBM Big Data Hub

.” Read the “Presidio AI Framework” paper to learn how to address generative AI risks with guardrails across the expanded AI life cycle As generative AI continues to go mainstream, organizations are excited about the potential to transform processes, reduce costs and increase business value.

article thumbnail

5 Step Process For Insightful Data Driven Business Decision Making

Smart Data Collective

Far too many businesses fail to develop a sensible data strategy, so their ROI from their data collection methodologies is often subpar. Guide to Creating a Big Data Strategy. Download the Right Data Analysis Software. Keep in Mind Metrics and KPIs. Make Data Analytics the Core of Your Business Strategy.

article thumbnail

Financial Dashboard: Definition, Examples, and How-tos

FineReport

You can download FineReport for free and have a try! Free Download of FineReport 1. Financial Performance Dashboard The financial performance dashboard provides a comprehensive overview of key metrics related to your balance sheet, shedding light on the efficiency of your capital expenditure.