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Download the AI Risk Management Enterprise Spotlight

CIO Business Intelligence

In this issue, we explore the risks to both IT and the business from the use of AI. The goal of your risk management efforts should be to gain the most value from AI as a result.

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5 top business use cases for AI agents

CIO Business Intelligence

There are risks around hallucinations and bias, says Arnab Chakraborty, chief responsible AI officer at Accenture. The best use case that seems to work well is in repository management, where itll go through and do bug fixes of code repositories. And EY uses AI agents in its third-party risk management service.

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What is Model Risk and Why Does it Matter?

DataRobot Blog

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks.

Risk 111
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How A Data Catalog Enhances Data Risk Management

Alation

Alation joined with Ortecha , a data management consultancy, to publish a white paper providing insights and guidance to stakeholders and decision-makers charged with implementing or modernising data risk management functions. Download the complete white paper now. The Increasing Focus On Data Risk Management.

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Five Ways AI Can Help States Solve Their Hardest Problems (Part 2): Mitigate Risk and Fraud

DataRobot

Their increased usage has also led to new challenges related to compliance, misuse, and fraud risk. This can be accomplished by providing stronger accountability, increased productivity, and transparency into spending and risk management. Additionally, more than 1000 hours can be saved on risk transaction reviews each year.

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Download our CIO Pulse AI priorities survey

CIO Business Intelligence

But for CIO priorities, AI falls behind many other areas, including security, risk management, and digital transformation. Industry analysts predict huge growth in investment in AI, and 80% of CIOs surveyed say it is critical to their operation.

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Managing mortgage risk in an uncertain world

Cloudera

After reading about a new mortgage lender on social media, he had downloaded its app and applied online. That may have been the case, but even after sharp declines in property values in the crisis, mortgage lenders persistently fail to track individual agent (in this case, borrower) behaviors resulting in increase mortgage risk.

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