DataRobot Blog

JULY 22, 2022

At many organizations, the current framework focuses on the validation and testing of new models, but risk managers and regulators are coming to realize that what happens after model deployment is at least as important. They may not have been documented, tested, or actively monitored and maintained. Legacy Models.

Modeling 105

Modeling Risk Management Testing Machine Learning 105

CIO Business Intelligence

MAY 24, 2024

A variety of roles in the enterprise require or benefit from a GRC certification, such as chief information officer, IT security analyst, security engineer architect, information assurance program manager, and senior IT auditor , among others.

Risk 119

Risk Risk Management Management Enterprise 119

Cloudera

JULY 15, 2021

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. . Attendees included senior risk managers and analytics experts from financial institutions and insurance companies.

Risk 100

Risk Optimization Management Insurance 100

Cloudera

FEBRUARY 4, 2021

Cloudera comprehensively supports the demanding risk and compliance requirements of financial services and insurance organizations globally and it is an honor to receive this recognition. Supporting the industry’s risk data depository and data management needs. Risk management and models in a COVID-19 world.

Risk 88

Risk Marketing Technology Management 88

Cloudera

JUNE 29, 2023

To ensure the stability of the US financial system, the implementation of advanced liquidity risk models and stress testing using (MI/AI) could potentially serve as a protective measure. However, because most institutions lack a modern data architecture , they struggle to manage, integrate and analyze financial data at pace.

Data Architecture 85

Data Architecture Risk Management Risk Management 85

CIO Business Intelligence

MAY 20, 2024

This has CIOs moving from experimenting and testing intelligence in pockets to scaling up deployments and rolling out intelligence throughout their organizations. Events like the UnitedHealthcare attack drives conversations around cybersecurity and whether companies are putting enough resources into their own security programs,” he says.

IT 142

IT Risk Management Machine Learning Risk 142

Cloudera

OCTOBER 20, 2021

As governments gather to push forward climate and renewable energy initiatives aligned with the Paris Agreement and the UN Framework Convention on Climate Change, financial institutions and asset managers will monitor the event with keen interest. Stress testing was heavily scrutinized in the post 2008 financial crisis.

Risk 80

Risk Modeling Risk Management Measurement 80

CIO Business Intelligence

SEPTEMBER 10, 2024

Unfortunately, we continued to be met with resistance…until a series of unfortunate events occurred: an economic downturn, a fatal accident, increased international competition from companies embracing technology and a devastating cyberattack. I built it externally for $50,000 in just five weeks—from concept to market testing.

IT 122

IT Risk Risk Management Predictive Modeling 122

CIO Business Intelligence

MAY 11, 2022

When astute executives, including CIOs, cheat disruption by focusing on business continuity management (BCM) programs that build resilience, the enterprise transformation can prosper. in the event of a disruption, and design solutions to minimize the impact. Implement more disciplined validation and testing.

Management 98

Management Insurance Testing Finance 98

CIO Business Intelligence

JULY 25, 2024

Modern SOCs are equipped with advanced tools and technologies such as security information and event management (SIEM) systems, threat intelligence platforms, and automated response solutions. Despite these advancements, when an incident is reported, it is often unclear whether it is a security event or not.

IT 111

IT Finance Consulting Reporting 111

CIO Business Intelligence

MARCH 12, 2024

Invoke the what-if fear factor Preemptive project funding and prioritization usually falls short because of other, more pressing project priorities that are pushed forward because the likelihood of the preemptive event happening is small. The average cost of a data breach is $4.64

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

SEPTEMBER 7, 2023

Established risk management framework to evaluate the use cases and validate the controls to manage relevant risks Continuous authentication and authorization to maintain the principles of least privilege and context of user entitlement.

Risk Management 98

Risk Management Risk Testing Digital Transformation 98

CIO Business Intelligence

SEPTEMBER 6, 2023

Beyond regular conversations, Mahna recommends holding a yearly security-focused meeting, combined with an incident-response plan test, to keep key executives and managers up to date on evolving policies, practices, and roles. Have we fostered a culture of security?

IT 142

IT ROI Risk Strategy 142

AWS Big Data

SEPTEMBER 26, 2024

The enrichment process begins when a document is ingested into the raw zone, invoking an Amazon S3 event that initiates a Step Functions workflow. Amazon S3 emits an object created event and matches an EventBridge rule. The event invokes a Step Functions state machine.

Data Lake 115

Data Lake Cost-Benefit Unstructured Data Modeling 115

Cloudera

MAY 18, 2021

Event-driven and streaming architectures enable complex processing on market events as they happen, making them a natural fit for financial market applications. Flink SQL is a data processing language that enables rapid prototyping and development of event-driven and streaming applications. Intraday VaR. Image Source: [link].

Risk 99

Risk Marketing Risk Management Data-driven 99

CIO Business Intelligence

SEPTEMBER 17, 2024

Rather, a security program should aim to achieve sufficient security and reduce risk to acceptable levels to achieve the organization’s overall business goals. To do so, the organization and the security program should define its security risk appetite. A risk appetite statement provides a high-level description of acceptable risk.

Measurement 111

Measurement Metrics Risk Dashboards 111

CIO Business Intelligence

APRIL 22, 2022

The exam covers topics including Scrum, Kanban, Lean, extreme programming (XP), and test-driven development (TDD). Candidates can also take a self-test to benchmark their knowledge. Project Management Professional (PMP). Certified ScrumMaster (CSM). The organization boasts more than 450,000 certified practitioners worldwide.

Management 111

Management Cost-Benefit Testing Risk 111

CIO Business Intelligence

JULY 25, 2024

Offered by the ISACA, the CRISC certification validates your ability to understand and mitigate enterprise IT risk using the latest best practices to identify, analyze, evaluate, assess, prioritize, and respond to risks. It covers Scrum, Kanban, Lean, extreme programming (XP), and test-driven development (TDD).

IT 131

IT Management Risk Risk Management 131

Cloudera

AUGUST 25, 2020

Evaluating anomalies and unpredicted events like pandemics and ESG concerns. In part II of the series, we sat down for an interview with Dr. Richard Harmon, Managing Director of Financial Services at Cloudera, to find out more about how the industry is adopting new technology. To capture the importance of sequencing of events. .

Prescriptive Analytics 74

Prescriptive Analytics Technology Machine Learning Risk 74

CIO Business Intelligence

JULY 7, 2023

We help with that at NACD, but board directors have to study in order to understand how recent events need to be discussed and dealt with in the boardroom. The litmus test for a governing board is a board that hires and fires the CEO and holds the executive team accountable for strategy and risk management.

Risk 116

Risk Finance Technology Strategy 116

AWS Big Data

JULY 16, 2024

Zurich has done testing with Amazon SageMaker and has plans to add this capability in the near future. With experience in the insurance, healthcare, and supply chain industries, she has held roles such as Storage Engineer, Risk Management Engineer, Vulnerability Management Engineer, and SOC Engineer.

Insurance 130

Insurance Management Cost-Benefit Optimization 130

CIO Business Intelligence

MARCH 24, 2023

Varonis Data Governance Suite Varonis’s solution automates data protection and management tasks leveraging a scalable Metadata Framework that enables organizations to manage data access, view audit trails of every file and email event, identify data ownership across different business units, and find and classify sensitive data and documents.

Data Governance 142

Data Governance Management Metadata Data Quality 142

Smart Data Collective

SEPTEMBER 22, 2021

All of these mind-boggling events demand a vital question to be answered. Sure, the above tips stand the test of time for cyber security. Spear-phishing is becoming more sophisticated. In fact, according to a report from Trend Micro, it is now being used to steal information and commit crimes. How to keep your assets safe?

Statistics 133

Statistics Risk Measurement Software 133

IBM Big Data Hub

JANUARY 29, 2024

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. Also, the BIA estimates the likelihood of each event so the organization can prioritize them accordingly. Here is a widely used four-step process for creating DRPs.

Cost-Benefit 84

Cost-Benefit Risk Enterprise Advertising 84

IBM Big Data Hub

MAY 28, 2024

Data risk management To protect their data, organizations first need to know their risks. Data risk management involves conducting a full audit/risk assessment of an organization’s data to understand what types of data it has, where it’s stored and who has access to it.

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

Cloudera

SEPTEMBER 7, 2023

AI-ify risk management. Leverage ML/AI to refine risk models, incorporating data from diverse sources, and predicting outcomes based on market sentiment, climate data, etc. Formalize ethics and bias testing. Invest in AI-powered intrusion detection systems (IDS) or security information and event management systems (SIEM).

Insurance 83

Insurance Risk Data-driven Finance 83

CIO Business Intelligence

OCTOBER 27, 2023

The exam covers topics such as coding, designing cloud architecture, cloud security, troubleshooting, implementation, migration, load and performance testing, and business applications. The exam covers topics such as Scrum and agile, Scrum theory, Scrum values, Scrum teams, the Scrum master role , Scrum events, and Scrum artifacts.

IT 135

IT Consulting Software Management 135

CDW Research Hub

DECEMBER 16, 2020

We have all been witnessing the global impact of the health and economic events of 2020. Initial information from FireEye disclosed that the software they use in penetration testing and security analysis services for their customers was stolen. The full extent of this attack and its repercussions may never be fully known.

Reporting 76

Reporting Behavioral Analytics Risk Software 76

CDW Research Hub

JUNE 10, 2021

These allow us to take a vendor-neutral stance to help clients consider, compare, test and select the right solution for their environment, requirements and desired business outcomes. Can you quickly return to normal operations and minimize damage in the event of a breach? Vulnerability Assessments & Testing.

Enterprise 52

Enterprise Consulting Risk Business Objectives 52

Cloudera

MAY 15, 2018

Our platform efforts in this regard are being led by Hilary Mason, founder of Fast Forward Labs , and now general manager of Cloudera’s Machine Learning business unit, whose passion for analytics and innovation has no bounds! These examples are well covered by many others (e.g., Derman (2016), Cesa (2017) & Bouchard (2018)).

Machine Learning 42

Machine Learning Recreation/Entertainment Finance Big Data 42

Cloudera

NOVEMBER 18, 2021

This allows for an omni-channel view of the customer and enables real-time data streaming and a safe zone to test machine learning models using Cloudera Data Science Workbench (CDSW). transactions per day and processing information at a rate of 1k events per second. Now, Carrefour can tailor coupon offers to its customers with ease.

Data Lake 77

Data Lake Cost-Benefit Digital Transformation Risk 77

CIO Business Intelligence

JULY 18, 2023

“Organizations should look to hire and train fresh graduates instead of searching exclusively for experienced professionals,” says Sourya Biswas, technical director for risk management and governance at global cybersecurity consultancy NCC Group. Hiring, Staff Management It really sets the tone,” says Raimer.

IT 98

IT Data Science IoT Machine Learning 98

DataRobot Blog

MARCH 7, 2023

DataRobot identifies and recommends models that are ready to move into production by automatically testing and comparing thousands of models, while those already in production are continuously monitored to ensure performance and compliance. DATAROBOT LAUNCH EVENT From Vision to Value. For more information, visit [link].

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

AWS Big Data

JANUARY 31, 2024

TB distributed across approximately 200 compressed Parquet files Analysis overview Analyzing OPRA Tick History data for Transaction Cost Analysis (TCA) involves scrutinizing market quotes and trades around a specific trade event. TB distributed across approximately 300 compressed Parquet files NBBO – 2.8

Marketing 111

Marketing Analytics Visualization Strategy 111

IBM Big Data Hub

JULY 12, 2023

Enterprises are often defined by how they deal with events that are out of their control. Good contingency plans prioritize the risks an organization faces, delegate responsibility to members of the response teams and increase the likelihood that the company will make a full recovery after a negative event.

Risk 40

Risk Cost-Benefit Internet of Things Testing 40

DataRobot

SEPTEMBER 16, 2021

Pricing actuaries can test various advanced algorithms with minimal setup, including XGBoost, GBM, ENET, and GAM. Count of Events can be specified as one of the settings in DataRobot (see Graph 2). When Count of Events is not provided, DataRobot will, by default, build a binary classification model as the frequency model.

Modeling 52

Modeling Insurance Cost-Benefit Machine Learning 52

bridgei2i

JULY 28, 2020

Ria: Artificial Intelligence, I think is coming in to a greater and greater role in the world, not just in terms of its natural progression or its natural power to transform our technological landscape, but in light also of these global pandemics and these kinds of a Black Swan events that we’re seeing in the world arise.

Enterprise 98

Enterprise Digital Transformation Insurance B2B 98