CIO Business Intelligence

DECEMBER 18, 2024

Financial institutions have an unprecedented opportunity to leverage AI/GenAI to expand services, drive massive productivity gains, mitigate risks, and reduce costs. GenAI is also helping to improve risk assessment via predictive analytics.

Forecasting 105

Forecasting Predictive Analytics Risk Finance 105

Smart Data Collective

JUNE 19, 2022

Companies are using AI to better understand their customers, recognize ways to manage finances more efficiently and tackle other issues. AI is particularly helpful with managing risks. How AI Can Help Suppliers Manage Risks Better. Failure or Delay Risk. Brand Reputation Risk.

Risk 144

Risk Cost-Benefit Risk Management Manufacturing 144

CIO Business Intelligence

MARCH 31, 2025

The 2024 Security Priorities study shows that for 72% of IT and security decision makers, their roles have expanded to accommodate new challenges, with Risk management, Securing AI-enabled technology and emerging technologies being added to their plate. Regular engagement with the board and business leaders ensures risk visibility.

Data-driven 105

Data-driven Risk Risk Management Metrics 105

Smart Data Collective

JANUARY 19, 2021

One of the biggest industries that has been affected has been finance. The change that seems most prevailing in terms of technological advancement is in business and finance to kickstart this revolution. The most prominent advancements being business and finance. Bitcoin has been very important for many businesses.

Finance 139

Finance Insurance Uncertainty Marketing 139

CIO Business Intelligence

MARCH 4, 2025

As a business executive who has led ventures in areas such as space technology or data security and helped bridge research and industry, Ive seen first-hand how rapidly deep tech is moving from the lab into the heart of business strategy. The takeaway is clear: embrace deep tech now, or risk being left behind by those who do.

Technology 118

Technology ROI Cost-Benefit Manufacturing 118

O'Reilly on Data

APRIL 22, 2020

Three months ago, Apple released a new credit card in partnership with Goldman Sachs that aimed to disrupt the highly regulated world of consumer finance. Apple is a great producer of computer hardware, while Goldman knows finance and its complex rules backwards and forwards. These strategies contribute to perceptions of trust.

Cost-Benefit 320

Cost-Benefit Finance Data-driven Strategy 320

CIO Business Intelligence

SEPTEMBER 26, 2024

Cybersecurity and systemic risk are two sides of the same coin. As we saw recently with the CrowdStrike outage, the interconnected nature of enterprises today brings with it great risk that can have a significant negative effect on any company’s finances. million , per IBM, which represents a 10% increase over the prior year.

Risk 132

Risk Reporting Digital Transformation Enterprise 132

AWS Big Data

JANUARY 9, 2025

In our previous post Backtesting index rebalancing arbitrage with Amazon EMR and Apache Iceberg , we showed how to use Apache Iceberg in the context of strategy backtesting. This capability is particularly valuable in maintaining the integrity of backtests and the reliability of trading strategies.

Metadata 110

Metadata Snapshot Cost-Benefit Optimization 110

CIO Business Intelligence

NOVEMBER 19, 2024

Clearing business strategy hurdles Choosing the right technologies to meet an organization’s unique AI goals is usually not straightforward. Their collaboration enables real-time delivery of insights for risk management, fraud detection, and customer personalization.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

Smart Data Collective

FEBRUARY 28, 2023

One of the most important changes pertains to risk parity management. We are going to provide some insights on the benefits of using machine learning for risk parity analysis. However, before we get started, we will provide an overview of the concept of risk parity. What is risk parity? What is risk parity?

Machine Learning 117

Machine Learning Risk Cost-Benefit Marketing 117

CIO Business Intelligence

NOVEMBER 22, 2022

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. Here’s a quick rundown of seven major trends that will likely reshape your organization’s current data strategy in the days and months ahead.

Data Strategy 145

Data Strategy Strategy Enterprise Consulting 145

CIO Business Intelligence

NOVEMBER 14, 2023

Although some continue to leap without looking into cloud deals, the value of developing a comprehensive cloud strategy has become evident. Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. This makes cloud costs a target for finance teams and executives.”

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

CIO Business Intelligence

NOVEMBER 21, 2024

Hidden costs and price hikes Deploying AI takes a different approach than other technologies, adds Sumit Johar, CIO at finance software vendor BlackLine. In many cases, small wins that show quick value may be a better bet than huge, high-risk projects, Miller advises. The cost “just compounds exponentially,” he adds. “It

Management 124

Management Interactive ROI Software 124

Jet Global

FEBRUARY 26, 2025

Lineos reduces manual tasks and empowers finance teams to boost productivity and uncover hidden potential within their data RALEIGH, N.C. Lineos supports finance professionals by simplifying complex data into actionable insights, addressing real-world challenges, and enabling confident decision-making.

Finance 52

Finance Data-driven Reporting Data Enablement 52

CIO Business Intelligence

MARCH 25, 2025

The time required to familiarize oneself with the requirements and consequences of the various laws and to develop and roll out your organizations strategies and solutions should also not be underestimated. Develop a compliance strategy Companies should first develop the strategic direction of the compliance organization.

IT 95

IT Key Performance Indicator Risk Reporting 95

Smart Data Collective

NOVEMBER 22, 2022

For example, many bitcoin investors are finding creative ways to use AI to improve their trading strategies. What Are Some Ways that You Can Use AI in Your Bitcoin Trading Strategy? There are a number of ways that you can use AI technology to improve your bitcoin investing strategy. Use AI to Automate Your Trading Strategy.

Risk 133

Risk Predictive Analytics Data-driven Marketing 133

CIO Business Intelligence

MARCH 9, 2022

Today’s cloud strategies revolve around two distinct poles: the “lift and shift” approach, in which applications and associated data are moved to the cloud without being redesigned; and the “cloud-first” approach, in which applications are developed or redesigned specifically for the cloud.

Strategy 145

Strategy Consulting Risk Testing 145

O'Reilly on Data

JULY 15, 2019

A look at how guidelines from regulated industries can help shape your ML strategy. In our experience, many of the most popular conference talks on model explainability and interpretability are those given by speakers from finance. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk.

Machine Learning 52

Machine Learning Management Enterprise Risk Management 52

CIO Business Intelligence

OCTOBER 10, 2024

The demand for ESG initiatives has become an integral part of a company’s strategy for long-term success, offering a promising future for those who embrace them. This includes minimizing the risks associated with AI bias, guaranteeing transparency in AI decision-making and addressing energy consumption in blockchain networks.

Metrics 124

Metrics Optimization Strategy Technology 124

CIO Business Intelligence

JANUARY 21, 2025

Well also examine strategies CIOs can use to address these challenges, ensuring their organizations can recognize the rewards of GenAI without compromising financial stability. CIOs must develop a clear strategy for projecting and demonstrating ROI to ensure that innovation investments align with organizational goals.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

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.” In particular, the UAE AI Office created an AI license requirement for applications in the Dubai International Finance Centre.

Consulting 120

Consulting Risk Risk Management Marketing 120

datapine

OCTOBER 21, 2020

Health professionals, just like business entrepreneurs, are capable of collecting massive amounts of data and look for the best strategies to use these numbers. If you put on too many workers, you run the risk of having unnecessary labor costs add up. What are the obstacles to its adoption? on a permanent basis.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

O'Reilly on Data

JANUARY 22, 2019

Finance is not physics. Despite all the complicated mathematics of modern finance, its theories are woefully inadequate, especially when compared to those of physics. Perhaps finance is harder than physics. This observation is particularly applicable to finance. Image by Mike Shwe and Deepak Kanungo. Used with permission.

Modeling 204

Modeling Finance Uncertainty Data mining 204

CIO Business Intelligence

AUGUST 22, 2024

That spectrum of budget adjustments is being met by a range of strategies by IT leaders seeking to make the most of their 2025 IT spend. Even with global economic uncertainties, organizations that aren’t investing in AI risk getting left behind, he adds. The promise of AI outweighs concerns about interest rates and global conflict. “We

Strategy 134

Strategy IT Uncertainty Software 134

Smart Data Collective

SEPTEMBER 12, 2021

Using Big Data to Create a Well Executed Investing Strategy. Most investments have a risk involved and the last thing you want is to lose it without a backup fund. Diversify through Mixed Investments by Using AI Allocation Strategies. Master the Art of Gains & Risks with Data-Driven Risk Scoring.

Data-driven 116

Data-driven Strategy Big Data Cost-Benefit 116

CIO Business Intelligence

SEPTEMBER 2, 2022

But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech. As demand for tech skills grows in the finance industry, certain IT jobs are becoming more sought-after than others. Director of software engineering. Data engineer.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

AUGUST 31, 2022

But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech. As demand for tech skills grows in the finance industry, certain IT jobs are becoming more sought-after than others. Director of software engineering. Data engineer.

Finance 98

Finance IT Software Reporting 98

Jedox

AUGUST 21, 2024

The Office of Finance is at the heart of every organization, overseeing financial strategy, risk management, and operational efficiency. Often it is a challenge for finance teams to align with stakeholders across business units, departments, and time zones. This [.]

Finance 84

Finance Risk Management Risk Strategy 84

datapine

AUGUST 12, 2020

Whether you manage a big or small company, business reports must be incorporated to establish goals, track operations, and strategy, to get an in-depth view of the overall company state. This first example focuses on one of the most important and data-driven department of any company: finance. Visual financial business report example.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

CIO Business Intelligence

AUGUST 28, 2024

For example, with several dozen ERPs and general ledgers, and no enterprise-wide, standard process definitions of things as simple as cost categories, a finance system with a common information model upgrade becomes a very big effort. For the technical architecture, we use a cloud-only strategy. This is a multi-year initiative.

Strategy 121

Strategy B2B Finance Enterprise 121

Smart Data Collective

JUNE 3, 2021

Analytics technology is becoming integral to the field of finance. Strategic Financial Management or strategic finance is a process to help a company’s finances. I will detail the role of analytics in strategic financial management and how mosaic finance can help you throughout the process! What is Strategic Finance?

Management 124

Management Finance Analytics Analytics Technologies 124

CIO Business Intelligence

DECEMBER 10, 2024

However, each cloud provider offers distinct advantages for AI workloads, making a multi-cloud strategy vital. DORA requires financial firms to have strategies in place to manage risk related to their third-party service providers, such as AWS and Microsoft Azure.

Strategy 105

Strategy Data-driven Cost-Benefit Machine Learning 105

CIO Business Intelligence

APRIL 1, 2022

Is it digital transformation (the phrase that has launched a thousand consultancies and as many failed strategies)? A collection of tactics does not a strategy make. Digital transformation, cloud computing, 5G, metaverse… these are not strategies. We have aggregated them and call it a strategy.”. Is it cloud computing?

Digital Transformation 145

Digital Transformation Finance Consulting Strategy 145

IBM Big Data Hub

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Finance 82

Finance Cost-Benefit Consulting Data-driven 82

IBM Big Data Hub

JANUARY 19, 2024

Disaster recovery strategies provide the framework for team members to get a business back up and running after an unplanned event. Worldwide, the popularity of disaster recovery strategies is understandably increasing. A disaster recovery strategy lays out how your businesses will respond to a number of unplanned incidents.

Strategy 89

Strategy Cost-Benefit Testing Risk 89

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. IT Strategy

Strategy 98

Strategy IT Cost-Benefit Finance 98

CIO Business Intelligence

NOVEMBER 13, 2024

And even though his first job was in the travel industry in the late 90s, it was a role that was a mix of IT support and finance. In the end, it’s about finding a balance between opportunity and risk, and having those conversations with the board and exec teams because not everybody is a tech expert. So it’s been an amazing journey.

Technology 111

Technology Data Science Risk Management 111