O'Reilly on Data

JULY 15, 2019

After the 2008 financial crisis, the Federal Reserve issued a new set of guidelines governing models— SR 11-7 : Guidance on Model Risk Management. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk. Model risk management. AI projects in financial services and health care.

Machine Learning 48

Machine Learning Management Enterprise Risk Management 48

CIO Business Intelligence

SEPTEMBER 23, 2022

At the foundation of cybersecurity is the need to understand your risks and how to minimize them. Individuals and organizations often think about risk in terms of what they’re trying to protect. When talking about risk in the IT world, we mainly talk about data, with terms like data privacy, data leakage and data loss.

Risk Management 96

Risk Management Risk Strategy Management 96

CIO Business Intelligence

JULY 23, 2024

Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. While security risks are daunting, therapists remind us to avoid overly stressing out in areas outside our control.

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

MAY 24, 2024

GRC certifications validate the skills, knowledge, and abilities IT professionals have to manage governance, risk, and compliance (GRC) in the enterprise. Enter the need for competent governance, risk and compliance (GRC) professionals. What are GRC certifications? Why are GRC certifications important?

Risk 119

Risk Risk Management Management Enterprise 119

CIO Business Intelligence

MARCH 19, 2025

Copilot Studio allows enterprises to build autonomous agents, as well as other agents that connect CRM systems, HR systems, and other enterprise platforms to Copilot. Then in November, the company revealed its Azure AI Agent Service, a fully-managed service that lets enterprises build, deploy and scale agents quickly.

Software 143

Software Risk Enterprise Cost-Benefit 143

CIO Business Intelligence

JANUARY 21, 2025

We may look back at 2024 as the year when LLMs became mainstream, every enterprise SaaS added copilot or virtual assistant capabilities, and many organizations got their first taste of agentic AI. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3 CIOs should consider placing these five AI bets in 2025.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

JULY 25, 2024

The outage put enterprises, cloud services providers, and critical infrastructure providers into precarious positions, and has drawn attention to how dominant CrowdStrike’s market share has become, commanding an estimated 24% of the endpoint detection and response (EDR) market. It also highlights the downsides of concentration risk.

Risk 144

Risk Cost-Benefit Strategy Enterprise 144

CIO Business Intelligence

SEPTEMBER 17, 2024

CIOs often have a love-hate relationship with enterprise architecture. On the one hand, enterprise architects play a key role in selecting platforms, developing technical capabilities, and driving standards.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

bridgei2i

NOVEMBER 20, 2020

Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. Today the Chief Risk Officers(CROs) struggle with the critical task of monitoring and assessing key risks in real time and firefight to mitigate any critical issues that arise.

Risk Management 92

Risk Management Risk Management Metrics 92

erwin

SEPTEMBER 3, 2020

Why should you integrate data governance (DG) and enterprise architecture (EA)? Two of the biggest challenges in creating a successful enterprise architecture initiative are: collecting accurate information on application ecosystems and maintaining the information as application ecosystems change. It’s time to think about EA beyond IT.

Data Governance 144

Data Governance Enterprise Risk Data Lake 144

Smart Data Collective

SEPTEMBER 13, 2021

Many organizations and enterprises are constantly under threat of a cyber attack. Several data security platforms and programs are also available, specifically to safeguard an enterprise’s entire network system. Loss of data can be costly for an enterprise. Remote working has also created greater data security risks.

Risk 143

Risk Strategy Enterprise Finance 143

CIO Business Intelligence

JANUARY 2, 2024

There are myriad systems kept on life support in every enterprise because companies delay replacing them, resulting in downtime and the continual need for time-consuming fixes, which consume resources and continue to build technical debt. Budget, Business IT Alignment, Infrastructure Management, IT Leadership, IT Strategy, Risk Management

Risk 128

Risk IT Risk Management Sales 128

CIO Business Intelligence

DECEMBER 20, 2024

As concerns about AI security, risk, and compliance continue to escalate, practical solutions remain elusive. as AI adoption and risk increases, its time to understand why sweating the small and not-so-small stuff matters and where we go from here. Additionally, does your enterprise flat-out restrict or permit public LLM access?

Risk 105

Risk Measurement Modeling Interactive 105

CIO Business Intelligence

DECEMBER 28, 2023

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage.

Risk 115

Risk Risk Management Strategy Enterprise 115

erwin

APRIL 30, 2021

Before the COVID-19 pandemic, many enterprise architects were focused on standardization. By evaluating and deploying the right combination of cloud-based platforms and security tools, enterprise architects played a key role in keeping businesses up and running in a remote-work world. Responding to a Crisis.

Enterprise 131

Enterprise Digital Transformation Risk Management Risk 131

erwin

AUGUST 20, 2020

Enterprise architecture (EA) is a strategic planning initiative that helps align business and IT. In this post: What Is Enterprise Architecture? Why Is Enterprise Architecture Important? Why Is Enterprise Architecture Important? Benefits of Enterprise Architecture. Common Enterprise Architecture Use Cases.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

CIO Business Intelligence

SEPTEMBER 13, 2024

For Kevin Torres, trying to modernize patient care while balancing considerable cybersecurity risks at MemorialCare, the integrated nonprofit health system based in Southern California, is a major challenge. They also had to retrofit some older solutions to ensure they didn’t expose the business to greater risks.

Risk 128

Risk IT IoT Statistics 128

CIO Business Intelligence

OCTOBER 15, 2024

Driven by the development community’s desire for more capabilities and controls when deploying applications, DevOps gained momentum in 2011 in the enterprise with a positive outlook from Gartner and in 2015 when the Scaled Agile Framework (SAFe) incorporated DevOps. It may surprise you, but DevOps has been around for nearly two decades.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

DataRobot Blog

APRIL 29, 2022

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

Risk Modeling IT Risk Management 111

erwin

NOVEMBER 13, 2020

The business challenges facing organizations today emphasize the value of enterprise architecture (EA) , so the future of EA is closer than you think. See also: What Is Enterprise Architecture? . Data Security & Risk Management. Innovation Management. Are you ready for it? Digital Transformation.

Enterprise 131

Enterprise Digital Transformation Key Performance Indicator Data-driven 131

CIO Business Intelligence

DECEMBER 14, 2023

As CIOs seek to achieve economies of scale in the cloud, a risk inherent in many of their strategies is taking on greater importance of late: consolidating on too few if not just a single major cloud vendor. This is the kind of risk that may increasingly keep CIOs up at night in the year ahead.

Risk 131

Risk Cost-Benefit Strategy Risk Management 131

Alation

JANUARY 9, 2023

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. The Increasing Focus On Data Risk Management. Download the complete white paper now.

Risk Management 52

Risk Management Risk Management Metadata 52

erwin

OCTOBER 17, 2019

Architect Everything: New use cases for enterprise architecture are increasing enterprise architect’s stock in data-driven business. As enterprise architecture has evolved, so to have the use cases for enterprise architecture. Top 7 Use Cases for Enterprise Architecture. Data security/risk management.

Enterprise 106

Enterprise Digital Transformation Data Governance Risk Management 106

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

However, many enterprises have existing on-premises applications that, in most cases, will not get AI-enablement from the software provider. Waiting too long to start means risking having to play catch-up. Choosing between the two may not be straightforward, and the best choice for an enterprise depends on facts and circumstances.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

erwin

FEBRUARY 20, 2020

Enterprise architecture (EA) and business process (BP) modeling tools are evolving at a rapid pace. Recently, Glassdoor named enterprise architecture the top tech job in the UK , indicating its increasing importance to the enterprise in the tech and data-driven world.

Enterprise 128

Enterprise Modeling Dashboards Visualization 128

CIO Business Intelligence

FEBRUARY 21, 2025

Birmingham City Councils (BCC) troubled enterprise resource planning (ERP) system, built on Oracle software, has become a case study of how large-scale IT projects can go awry. Change requests affecting critical aspects of the solution were accepted late in the implementation cycle, creating unnecessary complexity and risk.

Reporting 90

Reporting Risk Testing Risk Management 90

CIO Business Intelligence

NOVEMBER 23, 2022

Enterprise architecture definition Enterprise architecture (EA) is the practice of analyzing, designing, planning, and implementing enterprise analysis to successfully execute on business strategies. Another main priority with EA is agility and ensuring that your EA strategy has a strong focus on agility and agile adoption.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

CIO Business Intelligence

MAY 21, 2024

IBM has showcased its new generative AI -driven Concert offering that is designed to help enterprises monitor and manage their applications. IBM claims that Concert will initially focus on helping enterprises with use cases around security risk management, application compliance management, and certificate management.

Enterprise 110

Enterprise Management Data Lake Risk 110

CIO Business Intelligence

AUGUST 30, 2023

In my previous column in May, when I wrote about generative AI uses and the cybersecurity risks they could pose , CISOs noted that their organizations hadn’t deployed many (if any) generative AI-based solutions at scale. Today, it is, as they create a mysterious new risk and attack surface to defend against.

Enterprise 132

Enterprise Risk Measurement Software 132

CIO Business Intelligence

AUGUST 5, 2022

A vast majority of enterprises globally are overspending in the cloud, according to a new HashiCorp-Forrester report. The report showed that a majority of enterprises surveyed were already using multicloud infrastructures. Multicloud infrastructure works for most enterprises.

Reporting 124

Reporting Enterprise Cost-Benefit Digital Transformation 124

Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

Risk 100

Risk Optimization Management Insurance 100

Cloudera

FEBRUARY 4, 2021

Financial services institutions need the ability to analyze and act on massive volumes of data from diverse sources in order to monitor, model, and manage risk across the enterprise. They need a comprehensive data and analytics platform to model risk exposures on-demand. Cloudera is that platform.

Risk 88

Risk Marketing Technology Management 88

CIO Business Intelligence

MARCH 19, 2025

These include improvements to operational efficiency (56%), bolstering risk management (53%), and elevating decision-making (51%). Of those top motivators, 85% of respondents said they were focused on business optimization, driven by a desire to boost operational efficiency or improve their risk management.

Analytics 52

Analytics Enterprise Risk Management Strategy 52

erwin

OCTOBER 3, 2019

Enterprise architecture (EA) benefits modern organizations in many ways. It provides a holistic, top down view of structure and systems, making it invaluable in managing the complexities of data-driven business. Once considered solely a function of IT, enterprise architecture has historically operated from an ivory tower.

Enterprise 111

Enterprise Cost-Benefit Data-driven Risk 111

CIO Business Intelligence

NOVEMBER 19, 2024

A cloud analytics migration project is a heavy lift for enterprises that dive in without adequate preparation. Their collaboration enables real-time delivery of insights for risk management, fraud detection, and customer personalization. But this scenario is avoidable.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

IBM Big Data Hub

OCTOBER 23, 2023

Hybrid cloud has become the new normal for enterprises in nearly all industries. Many enterprises have also deployed a hybrid multicloud environment that’s reliant on an ecosystem of different cloud service providers. The global average cost of a single data breach is USD 4.45 2] Failure to act isn’t an option.

Risk 84

Risk Strategy Risk Management Digital Transformation 84