BA Learnings

FEBRUARY 4, 2025

Market Growth : As industries like chemicals, mining, and energy recover and expand, the volume of hazardous liquids requiring transportation is set to rise, increasing the urgency for effective risk management strategies. These risks underline the importance of robust storage and transportation systems designed to minimise hazards.

Risk 130

Risk Management Risk Management Strategy 130

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

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 16, 2024

In the executive summary of the updated RSP , Anthropic stated, “in September 2023, we released our Responsible Scaling Policy (RSP), a public commitment not to train or deploy models capable of causing catastrophic harm unless we have implemented safety and security measures that will keep risks below acceptable levels.

Risk 117

Risk IT Measurement Modeling 117

DataRobot Blog

JUNE 1, 2022

Join DataRobot and leading organizations June 7 and 8 at DataRobot AI Experience 2022 (AIX) , a unique virtual event that will help you rapidly unlock the power of AI for your most strategic business initiatives. Join the virtual event sessions in your local time across Asia-Pacific, EMEA, and the Americas. Join DataRobot AIX June 7–8.

Machine Learning 119

Machine Learning Data-driven Risk Management Risk 119

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

O'Reilly on Data

MAY 18, 2020

This article answers these questions, based on our combined experience as both a lawyer and a data scientist responding to cybersecurity incidents, crafting legal frameworks to manage the risks of AI, and building sophisticated interpretable models to mitigate risk. 4 But is it too broad to be useful? How Material Is the Threat?

Risk 364

Risk Modeling Data Processing Reporting 364

CIO Business Intelligence

NOVEMBER 21, 2024

Importantly, where the EU AI Act identifies different risk levels, the PRC AI Law identifies eight specific scenarios and industries where a higher level of risk management is required for “critical AI.” As well, the principles address the need for accountability, authentication, and international standards.

Consulting 120

Consulting Risk Risk Management Marketing 120

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. AI usage may bring the risk of sensitive data exfiltration through AI interactions.

Risk 105

Risk Measurement Modeling Interactive 105

CIO Business Intelligence

NOVEMBER 18, 2022

The question is: are you prepared to recover from a cyber event? As cyber threats increase in frequency and sophistication, most businesses will eventually fall prey to a cyber event, despite their best efforts. Simply put, organizations must prepare to recover from a cyber event before it occurs.

Cost-Benefit 98

Cost-Benefit Risk Management Risk Testing 98

John Wheeler

MARCH 5, 2021

Now that we are recovering from the COVID-19 pandemic crisis, our clients are now looking forward to deploy new ways of managing risk. They can no longer look to the past as an exclusive indicator of what risks may lie ahead. Simply put, business leaders need a better way to manage risks.

Risk Management 105

Risk Management Risk Technology Management 105

CIO Business Intelligence

JULY 22, 2024

For CIOs, the event serves as a stark reminder of the inherent risks associated with over-reliance on a single vendor, particularly in the cloud. To mitigate this risk, CIOs are likely to explore multicloud or hybrid cloud architectures, distributing workloads across multiple platforms. Microsoft said around 8.5

Strategy 143

Strategy Testing Risk Management Risk 143

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. End-to-end Data Lifecycle.

Risk 88

Risk Marketing Technology Management 88

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

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. To improve the way they model and manage risk, institutions must modernize their data management and data governance practices.

Data Architecture 85

Data Architecture Risk Management Risk Management 85

CIO Business Intelligence

AUGUST 7, 2023

Organizations big and small, across every industry, need to manage IT risk. based IT directors and vice presidents in companies with more than 1,000 employees to determine what keeps them up at night—and it comes as no surprise that one of their biggest nightmares is managing IT risk. trillion annually by 2025.

Risk 98

Risk IT Management Risk Management 98

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

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. What are the key climate risk measurements and impacts? Generate Scenarios.

Risk 80

Risk Modeling Risk Management Measurement 80

CIO Business Intelligence

DECEMBER 9, 2024

The transformative impact of artificial intelligence (AI)and, in particular, generative AI (GenAI)emerged as a defining theme at the CSO Conference & Awards 2024: Cyber Risk Management. Throughout the event, participants explored how AI is fundamentally altering the way enterprises approach security challenges.

Cost-Benefit 64

Cost-Benefit Risk Risk Management Predictive Analytics 64

O'Reilly on Data

JANUARY 22, 2019

In other words, extreme events occur far more frequently than predicted by the normal distribution. Mini flash crashes” of individual stocks occur with even higher frequency than these macro events. Time-variant distributions for asset values and risks are the rule, not the exception. Indeed, this parameter is hard to estimate.

Modeling 208

Modeling Finance Uncertainty Data mining 208

CIO Business Intelligence

AUGUST 6, 2024

The incident not only affected the availability of crucial cybersecurity defenses but also laid bare the broader operational risks associated with third-party service dependencies. This includes developing an understanding of the most critical systems and how to respond in the event of an outage.

Risk Management 111

Risk Management Risk Testing Finance 111

IBM Big Data Hub

DECEMBER 8, 2023

.” This same sentiment can be true when it comes to a successful risk mitigation plan. The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events.

Risk 67

Risk Strategy Risk Management Insurance 67

CIO Business Intelligence

MARCH 4, 2025

It identifies your organizations most critical functions and assesses the potential risks and impacts to income, opportunity, brand, service, mission, and people. See also: How resilient CIOs future-proof to mitigate risks.) Then, assess the risk likelihood versus impact. Download the AI Risk Management Enterprise Spotlight.)

Testing 64

Testing Risk Consulting Risk Management 64

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. However, its impact on culture must be carefully considered to maximize benefits and mitigate risks.

IT 122

IT Risk Risk Management Predictive Modeling 122

erwin

MARCH 25, 2021

Risk Management and Regulatory Compliance. Risk management, specifically around regulatory compliance, is an important use case to demonstrate the true value of data governance. According to Pörschmann, risk management asks two main questions. How likely is a specific event to happen?

Data Governance 109

Data Governance Cost-Benefit IT Risk 109

John Wheeler

OCTOBER 21, 2019

Over the past month, I’ve been speaking to various groups to help them prepare for the onslaught of digital risks in their organizations. A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

Ontotext

FEBRUARY 26, 2024

Ontotext’s Relation and Event Detector (RED) is designed to assess and analyze the impact of market-moving events. The answers to these foundational questions help you uncover opportunities and detect risks. Why do risk and opportunity events matter? and “What is the financial impact?”.

Data-driven 59

Data-driven Risk Modeling Risk Management 59

CIO Business Intelligence

JULY 13, 2022

The event, which focuses on elevating your organization’s protection strategy, will feature CSOs, CISOs, and security leaders and offer vital insights on the most pressing issues in security. Dr. Eva Selhub, an executive coach and resiliency expert, will advise on how to manage adversity and improve performance in the face of chaos.

Strategy 124

Strategy Metrics Risk Risk Management 124

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. Reduce Risk with Systematic Model Controls. What Risk Managers Need to Know About AI Governance.

Modeling 105

Modeling Risk Management Testing Risk 105

CIO Business Intelligence

OCTOBER 30, 2023

Disruption has moved from the exception to the norm With disruption now a constant rather than one-off event, organizations must be able to quickly react to change with agility across all aspects of their operating models. The philosophy behind adaptive systems is more about innovation than risk management. Here’s why.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

John Wheeler

APRIL 30, 2018

Preparations for our upcoming global summit events are at a fever pitch. I will be presenting three sessions at our summit events that explore how an IRM strategy and technology solution set can strengthen an organization’s resilience in this new era of digital danger. 1) State of Risk Management, 2018 .

Risk 40

Risk Risk Management Data-driven Strategy 40

CIO Business Intelligence

JULY 26, 2023

While implementing effective strategies that harness automation and security technology remain critical, the most successful organizations tackle complex security challenges by involving different organizational disciplines in the risk-management problem statement. involved in the risk management process.

Enterprise 98

Enterprise Risk Management Risk Manufacturing 98

CIO Business Intelligence

JULY 12, 2023

Last week, I attended the annual Gartner® Security and Risk Management Summit. The event gave Chief Information Security Officers (CISOs) and other security professionals the opportunity to share concerns and insights about today’s most pressing issues in cybersecurity and risk management. See you there.

Risk Management 98

Risk Management Risk Digital Transformation Strategy 98

CIO Business Intelligence

MAY 20, 2024

Events like the UnitedHealthcare attack drives conversations around cybersecurity and whether companies are putting enough resources into their own security programs,” he says. Risk management came in at No. Foundry / CIO.com 3. For Rev.io CIO Phillips, that means demonstrating adherence to and certification in frameworks.

IT 142

IT Risk Management Machine Learning Risk 142

CIO Business Intelligence

SEPTEMBER 6, 2023

The discussions address changing regulatory and compliance requirements, and reveal vulnerabilities and threats for risk mitigation.” Ongoing IT security strategy conversations should address the organization’s cyber risk and arrive at strategic objectives, Albrecht says. Have we fostered a culture of security?

IT 142

IT ROI Risk Strategy 142

AWS Big Data

FEBRUARY 1, 2024

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. Apart from generating regulatory reports, these teams require visibility into the health of the reporting systems.

Data Warehouse 134

Data Warehouse Dashboards Risk Management Risk 134

IBM Big Data Hub

OCTOBER 16, 2023

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Risk 70

Risk Modeling Management Metadata 70