Octopai

APRIL 8, 2020

While there are many factors that led to this event, one critical dynamic was the inadequacy of the data architectures supporting banks and their risk management systems. Inaccurate Data Management Leads to Financial Collapse. In reality, banks have hundreds of metrics to regulate, most coming from distinct systems.

Finance 52

Finance Cost-Benefit Metadata Data Architecture 52

CIO Business Intelligence

SEPTEMBER 17, 2024

Product managers must define a vision statement that aligns with strategic and end-user needs, propose prioritized roadmaps, and oversee an agile backlog for agile delivery teams. Product managers then propose digital KPIs and other metrics highlighting the business benefits delivered.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

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. The climate risk model makes robust scenarios possible. Assess Variables.

Risk 80

Risk Modeling Risk Management Measurement 80

CIO Business Intelligence

JULY 4, 2022

CAOs are responsible for managing an organization’s finances as well as creating goals, policies, and procedures for the company to help it operate more efficiently and compliantly. They typically report directly to the CEO and act as a go-between for other senior-level management and the CEO.

Manufacturing 98

Manufacturing Finance Reporting Risk Management 98

CIO Business Intelligence

JULY 5, 2022

CAOs are responsible for managing an organization’s finances as well as creating goals, policies, and procedures for the company to help it operate more efficiently and compliantly. They typically report directly to the CEO and act as a go-between for other senior-level management and the CEO.

Manufacturing 97

Manufacturing Finance Reporting Risk Management 97

CIO Business Intelligence

JULY 10, 2024

The only significant increase in risk mitigation was in accuracy, where 38% of respondents said they were working on reducing risk of hallucinations, up from 32% last year. However, organizations that followed risk management best practices saw the highest returns from their investments.

Enterprise 136

Enterprise Risk Modeling Risk Management 136

Sisense

SEPTEMBER 3, 2020

They also put together custom database queries to answer the questions of business users, implement new metrics from existing data, strive to improve data quality, and contribute to correct acquisition of new data. They then translate those needs into system specifications and look for the most attractive financing options for such systems.

Statistics 97

Statistics Metrics Visualization Finance 97

IBM Big Data Hub

FEBRUARY 8, 2024

” European Parliament News The EU AI Act in brief The primary focus of the EU AI Act is to strengthen regulatory compliance in the areas of risk management, data protection, quality management systems, transparency, human oversight, accuracy, robustness and cyber security.

Risk Management 72

Risk Management Risk Machine Learning Dashboards 72

Jet Global

JANUARY 11, 2021

There are obviously some core functions associated with the CFO position, such as producing clear, accurate financial statements, attending to cash flow and the efficient use of working capital , risk management, responsibility for tax and compliance , and ensuring that the necessary internal controls are in place.

Analytics 75

Analytics Key Performance Indicator Finance Risk Management 75

IBM Big Data Hub

DECEMBER 8, 2023

Types of risk While risks will vary greatly from one industry to the next, there are a few commonly identified risks worth noting. Compliance risk: When an organization violates rules both internal and external, putting its reputation or finances at risk.

Risk 67

Risk Strategy Risk Management Insurance 67

Cloudera

MAY 18, 2021

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management.

Risk 99

Risk Marketing Risk Management Data-driven 99

CIO Business Intelligence

MARCH 9, 2023

Pricing models and metrics can also be complex, making it difficult to understand when additional costs might kick in, Alexander says. Peterson advises creating a team with representation not just from IT, but also users, operations, finance, procurement, and legal. “There are an increasing range of technologies and providers.

Cost-Benefit 116

Cost-Benefit Uncertainty Risk Technology 116

Domino Data Lab

AUGUST 10, 2021

This can be done automatically using the Domino Model Monitor platform by specifying model accuracy metrics and then having the platform notify you if the model performs outside of those metrics. This comes down to model risk management. Modeling in Enterprise MLOps.

Modeling 64

Modeling IT Deep Learning Risk Management 64

Cloudera

AUGUST 25, 2020

For example, using this information one can evaluate whether something has a set of potential tail risk scenarios that can be catastrophic to the institution or economy, or whether it poses no risk at all. Most importantly, simulation tools do what machine learning algo’s cannot do: To take into account feedback effects.

Prescriptive Analytics 74

Prescriptive Analytics Technology Machine Learning Risk 74

datapine

MARCH 31, 2022

For instance, you will learn valuable communication and problem-solving skills, as well as business and data management. Added to this, if you work as a data analyst you can learn about finances, marketing, IT, human resources, and any other department that you work with. BI Data Scientist.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

IBM Big Data Hub

JUNE 29, 2023

IBP brings together various functions, including sales, marketing, finance, supply chain, human resources, IT and beyond to collaborate across business units and make informed decisions that drive overall business success. These tools provide comprehensive insights into key metrics and help identify trends, patterns, and opportunities.

Key Performance Indicator 76

Key Performance Indicator Forecasting Sales Data Integration 76

Cloudera

MARCH 18, 2021

A single, enterprise-wide platform or coordinated approach for storing and maintaining data can facilitate alignment between the front office, risk management, and finance, setting the stage for a more seamless transition.

Machine Learning 55

Machine Learning Risk Risk Management Measurement 55

IBM Big Data Hub

DECEMBER 4, 2023

Migrating to Oracle requires thorough planning whether a business intends to adopt the platform for the management of a single process—such as finance or human resources—or migrate the entire organization’s operations into the cloud.

Testing 71

Testing Consulting Digital Transformation Cost-Benefit 71

IBM Big Data Hub

APRIL 4, 2024

By connecting workflow management, centralizing data management , and fostering collaboration and communication, BPM enables organizations to remain competitive by providing access to accurate and timely data. BPM can also provide real-time visibility into claim status and performance metrics.

Management 54

Management Cost-Benefit Metrics Consulting 54

IBM Big Data Hub

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. This lack of meaningful metrics isn’t necessarily by design, though.

Reporting 78

Reporting Consulting Risk Metrics 78

IBM Big Data Hub

APRIL 21, 2023

CSRD values sustainability metrics alongside environmental performance, paying particular attention to the “S” in ESG, such as employee health, human rights, bribery, anti-corruption and diversity. Companies that are already subject to the NFRD will need to report on 2024 data (reporting year 2025).

Reporting 43

Reporting Metrics Risk Strategy 43

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. The ability to measure results (risk-reducing evidence). So there are three unusual books suggested for your reading list. Secondly, because stakeholders.

Data Science 66

Data Science Experimentation Machine Learning Data-driven 66

O'Reilly on Data

OCTOBER 18, 2022

As AI technologies are adopted more broadly in security and other high-risk applications, we’ll all need to know more about AI audit and risk management. applies external authoritative standards from laws, regulations, and AI risk management frameworks. The answer is simple—bad things and legal liabilities.

Risk Management 362

Risk Management Risk Testing Measurement 362

datapine

FEBRUARY 22, 2022

Improved risk management: Another great benefit from implementing a strategy for BI is risk management. For example, finance and sales may define “gross margin” differently, leading to their numbers not matching. Simultaneously, you will be saving a great deal of time by thinking everything through in advance.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

Andrew White

JANUARY 11, 2021

Government, Finance, … Tough question…mostly as it’s hard to determine which industry due to different uses and needs of D&A. As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. Value Management or monetization. Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

David Menninger's Analyst Perspectives

JANUARY 28, 2025

Software designed specifically to support compliance with environmental reporting laws and regulations includes one or more of the following five categories: Sustainability Management : Applications used to manage sustainability practices to achieve compliance and objectives, such as reducing carbon footprint or improving resource efficiency.

Software 130

Software Management Metrics Data Collection 130

Jet Global

FEBRUARY 7, 2025

Lease agreements impact financial statements in various ways, depending on how they are structured, with lease accounting examples including the treatment of operating and finance leases under ASC 842 and IFRS 16. Businesses following ASC 842, IFRS 16, and US GAAP must determine how to classify and record leases to ensure compliance.

Finance 40

Finance Reporting Cost-Benefit Manufacturing 40

Jet Global

FEBRUARY 7, 2025

The classification of leases, whether as finance leases, operating leases, or sales-type leases, impacts how expenses, cash flows, and depreciation are reported over the lease term. Better risk management : Allowing companies to assess the impact of non-lease components and other contractual obligations.

Finance 40

Finance Reporting Measurement Cost-Benefit 40

Jet Global

JANUARY 14, 2025

From recessions to booms and everything between, the finance landscape has changed immensely since the turn of the century. However, due to factors like insufficient use cases, lack of necessary technical skills, low-quality data, and a general reluctance to embrace new technology, the finance industry has been slow to adopt AI.

Finance 52

Finance Reporting Cost-Benefit Software 52

Jet Global

NOVEMBER 15, 2021

A Tax Key Performance Indicator (KPI) or metric is a clearly defined quantifiable measure that an organization, or business, uses to measure the success of its Tax Function over time. Since every organization has its own manner of operation, the KPIs or metrics used for tax will vary from one organization to another.

Metrics 52

Metrics Reporting KPI Risk Management 52

Jet Global

APRIL 5, 2021

As a finance professional, you’ll need different types of financial analysis and modeling for different situations. Financial modeling involves combining key accounting, finance, and business metrics to build an abstract representation, or model, of a company’s financial situation. Risk management.

Modeling 98

Modeling Forecasting Metrics Finance 98

Jet Global

MARCH 2, 2022

Sustainable Finance Disclosure Regulation (SFDR). The SFDR aims to give more transparency about sustainability and provide a common set of rules on sustainability risks. In terms of the regulation, asset management, pension funds, and insurers must disclose how they take ESG issues into account in their investment decisions.

Reporting 59

Reporting Recreation/Entertainment Risk Insurance 59

Jet Global

APRIL 25, 2024

With the rise of financial reporting software , many finance professionals rely on automated reconciliation for this vital process. Thanks to automation, it is entirely possible to work as an accountant for your entire career without ever manually performing a reconciliation or monitoring relevant metrics during a financial close.

Reporting 52

Reporting Finance Management Risk 52

Jet Global

DECEMBER 22, 2020

In an unpredictable industry such as insurance , finance and accounting teams simply cannot ignore the importance of careful financial management. Lots of metrics add interesting context, but they don’t reveal much fundamentally about the strengths and weaknesses of your financial position. Loss Ratio.

Insurance 69

Insurance Recreation/Entertainment Metrics Finance 69

Jet Global

NOVEMBER 16, 2022

management satisfaction. Compliance Risk Management. Also known as integrity risk, compliance risk management can help your company navigate properly through the hoops of your industry’s laws and regulations. Give Your Metrics Context. employee satisfaction. employee trust. customer satisfaction.

Reporting 94

Reporting Software Key Performance Indicator Dashboards 94

Jet Global

MAY 9, 2024

Job schedulers help coordinate the pipeline’s different stages and manage dependencies between tasks. Monitoring can include tracking performance metrics such as execution time and resource usage, and logging errors or failures for troubleshooting and remediation.

Data Lake 52

Data Lake Data Warehouse Business Intelligence Machine Learning 52

Jet Global

AUGUST 15, 2024

From local to global supply chains, supply chain managers use information systems, data, and blockchain technology to track inventory, forecast demand, optimize processes, and collaborate with stakeholders. Supply chain performance in this stage is measured by metrics such as production efficiency, cycle time, and defect rates.

Management 52

Management Manufacturing Forecasting Cost-Benefit 52