Smart Data Collective

JULY 4, 2021

Wealth and asset management has come a long way, evolving through the use of artificial intelligence, or AI solutions. But is AI becoming the end-all and be-all of asset management ? What Machine Learning Means to Asset Managers. Risk Management. How much potential does it really have? Why Machine Learning?

Machine Learning 143

Machine Learning Management B2B Unstructured Data 143

CIO Business Intelligence

NOVEMBER 11, 2024

In today’s fast-paced digital environment, enterprises increasingly leverage AI and analytics to strengthen their risk management strategies. A recent panel on the role of AI and analytics in risk management explored this transformational technology, focusing on how organizations can harness these tools for a more resilient future.

Risk Management 59

Risk Management Risk Management Data-driven 59

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

Alation

JANUARY 9, 2023

But data leaders must work quickly, and use the right tools, to understand, manage, and protect data while complying with related regulations and standards. The Increasing Focus On Data Risk Management. The Australian Prudential Regulation Authority (APRA) released nonbinding standards covering data risk management.

Risk Management 52

Risk Management Risk Management Metadata 52

CIO Business Intelligence

JULY 25, 2024

IT managers are often responsible for not just overseeing an organization’s IT infrastructure but its IT teams as well. To succeed, you need to understand the fundamentals of security, data storage, hardware, software, networking, and IT management frameworks — and how they all work together to deliver business value.

IT 131

IT Management Risk Risk Management 131

CIO Business Intelligence

DECEMBER 5, 2022

What is project management? Project management is a business discipline that involves applying specific processes, knowledge, skills, techniques, and tools to successfully deliver outcomes that meet project goals. Project management steps Project management is broken down into five phases or life cycle.

Management 134

Management Cost-Benefit Key Performance Indicator Software 134

CIO Business Intelligence

JULY 5, 2024

Modernization, therefore, is part of its DNA, and according to CIO Marykay Wells, making technical changes to an organization’s IT infrastructure is an ever-changing discipline that needs to be meticulously managed. “If I don’t think there are any CIOs from large companies who don’t have a tech debt challenge,” she says. “My

Management 115

Management Risk Measurement Dashboards 115

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. Provide a full view of business operations by delivering forward-looking measures of related risk to help customers successfully navigate the COVID-19 recovery.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

CIO Business Intelligence

MARCH 24, 2023

It encompasses the people, processes, and technologies required to manage and protect data assets. The Data Management Association (DAMA) International defines it as the “planning, oversight, and control over management of data and the use of data and data-related sources.”

Data Governance 142

Data Governance Management Metadata Data Quality 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. What are GRC certifications? Why are GRC certifications important?

Risk 119

Risk Risk Management Management Enterprise 119

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 91

Data Architecture Risk Management Risk Management 91

IBM Big Data Hub

APRIL 19, 2024

This blog series discusses the complex tasks energy utility companies face as they shift to holistic grid asset management to manage through the energy transition. Asset performance management (APM) processes, such as risk-based and predictive maintenance and asset investment planning (AIP), enable health monitoring technologies.

Management 85

Management Internet of Things Risk IoT 85

DataRobot Blog

NOVEMBER 17, 2022

What’s your AI risk mitigation plan? Just as you wouldn’t set off on a journey without checking the roads, knowing your route, and preparing for possible delays or mishaps, you need a model risk management plan in place for your machine learning projects. Enterprise Ready AI: Managing Governance and Risk.

Risk Management 52

Risk Management Risk Modeling Management 52

CIO Business Intelligence

APRIL 23, 2024

When it comes to structural risks you can ignore them as well, but you can’t make them go away by doing so and will be blamed if they’re “realized” (the risk-management term for “becoming real”). Rationalizing the applications portfolio reduces the odds of these risks being realized. IT Leadership, Risk Management

Risk 116

Risk IT Insurance Risk Management 116

CIO Business Intelligence

DECEMBER 10, 2024

Set clear, measurable metrics around what you want to improve with generative AI, including the pain points and the opportunities, says Shaown Nandi, director of technology at AWS. In IT service management, AI-driven knowledge graphs provide issue diagnosis and proactive resolution, decreasing downtime.

Sales 142

Sales Metrics Data-driven Measurement 142

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

CIO Business Intelligence

APRIL 22, 2022

Behind every successful IT project, you’ll find a highly skilled project manager. From hardware and software upgrades to ongoing security patches, to application development and the rollout of software itself, project managers keep your teams on task and productive. Top project management certifications.

Management 111

Management Cost-Benefit Testing Risk 111

CIO Business Intelligence

JULY 22, 2024

Our revised plan includes enhanced communication management, featuring multiple layers to ensure all employees are well-informed about potential issues and their resolution.” Enhanced risk management practices The incident has highlighted the need for improved risk management practices. Microsoft said around 8.5

Strategy 143

Strategy Testing Risk Management Risk 143

CIO Business Intelligence

MAY 22, 2024

The signatories agreed to publish — if they have not done so already — safety frameworks outlining on how they will measure the risks of their respective AI models. The risks might include the potential for misuse of the model by a bad actor, for instance. So, in a way, it is a step towards ethical AI.”

Risk Management 122

Risk Management Risk Publishing Modeling 122

O'Reilly on Data

DECEMBER 12, 2019

These recommendations are based on our experience, both as a data scientist and as a lawyer, focused on managing the risks of deploying ML. In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. What is model debugging? Sensitivity analysis.

Machine Learning 196

Machine Learning Modeling Testing Risk Management 196

CIO Business Intelligence

AUGUST 6, 2024

This article explores the lessons businesses can learn from the CrowdStrike outage and underscores the importance of proactive measures like performing a business impact assessment (BIA) to safeguard operations against similar disruptions. This knowledge can inform your own risk management and business continuity strategies.

Risk Management 111

Risk Management Risk Testing Finance 111

Decision Management Solutions

APRIL 23, 2019

, in which he states there are only three levers of value in insurance: Sell More, Manage Risk Better (aka underwriting and adjusting), and Cost Less to Operate. Let’s dive into greater detail on the second lever – Manage Risk Better. Insurers can also manage risk more effectively through continuous improvement.

Insurance 69

Insurance Risk Technology Management 69

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

CIO Business Intelligence

JUNE 27, 2024

Trade associations like the DPA may play a role in supporting the enforcement of such legislation and advocating for other similar measures. Effective risk management will be crucial for addressing legal and reputational risks, and innovation strategies may require adjustments to comply with regulatory standards.

Risk 128

Risk Measurement Risk Management Strategy 128

AWS Big Data

SEPTEMBER 9, 2024

In this post, we demonstrate how you can publish an enriched real-time data feed on AWS using Amazon Managed Streaming for Kafka (Amazon MSK) and Amazon Managed Service for Apache Flink. Amazon MSK is a fully managed service that makes it easy for you to build and run applications on AWS that use Kafka to process streaming data.

Publishing 105

Publishing Management Snapshot Dashboards 105

Smart Data Collective

MAY 4, 2023

As data breaches continue to be a serious concern, organizations need to take stringent measures to protect against them. One issue that they need to take into consideration is the importance of third-party data security risks caused by improper vendor security. The truth is that data breaches are as common as ever.

Risk Management 90

Risk Management Key Performance Indicator Measurement Risk 90

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. For Model Management. Legacy Models. White Paper.

Modeling 105

Modeling Risk Management Testing Risk 105

CIO Business Intelligence

JUNE 23, 2023

Other focus areas include data and content management (60%), DevOps (58%), infrastructure and application modernization (58%), automation (57%), and enterprise storage (35%). Risk Management: Risk management is a critical focus for technology professionals.

IT 98

IT Risk Management Risk Optimization 98

CIO Business Intelligence

JULY 1, 2024

Lastly, CLTR said, capacity to monitor, investigate, and respond to incidents needs to be enhanced through measures such as the establishment of a pilot AI incident database. Real-time monitoring tools are essential, according to Luke Dash, CEO of risk management platform ISMS.online.

Reporting 129

Reporting Risk Management Experimentation Risk 129

erwin

MARCH 12, 2020

Forrester recently released its “Now Tech: Enterprise Architecture Management Suites for Q1 2020” to give organizations an enterprise architecture (EA) playbook. It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. Improve Enterprise Architecture with EAMS.

Enterprise 85

Enterprise Reporting Management ROI 85

CIO Business Intelligence

NOVEMBER 21, 2024

Senior business leaders and CIOs must navigate a complex web of competing priorities, such as managing stakeholder expectations, accelerating technological innovation, and maintaining operational efficiency. Risk management is equally vital, particularly as organizations adopt modern technologies.

Strategy 122

Strategy IT Business Objectives Cost-Benefit 122

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. Network components – This includes a VPC, subnets, route table, and associations.

Data Warehouse 134

Data Warehouse Dashboards Risk Management Risk 134

CIO Business Intelligence

JUNE 21, 2022

“Your governance structure should be dynamic and [designed to] identify triggers that may evoke a revision, and its effectiveness should be constantly measured so that it remains relevant.”. Poor risk planning. CIOs frequently launch strategic initiatives without fully considering all the risks involved.

IT 116

IT Risk Measurement Risk Management 116

CIO Business Intelligence

JUNE 25, 2024

Short version: Apple’s execs — and we’re talking about Steve Jobs’ management heirs — can’t figure out how to use its cash to increase its revenue and profits. Which in turn should be their assessment of management’s plans for improving competitive advantage. Its 12-month year-over-year revenue was down 0.9%, accompanied by a 2.8%

Risk 118

Risk Risk Management Statistics Management 118

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? Assess Variables.

Risk 85

Risk Modeling Risk Management Measurement 85

CIO Business Intelligence

AUGUST 30, 2023

A high-level CISO in capital management feared “ plagiarism, biased information impacting decisions or recommendations, data loss to numerous organizations, and reliance and economic waste on products that don’t prove short or medium value.” This includes documentation of the risks and potential impacts of AI technology. Stay tuned!

Enterprise 132

Enterprise Risk Measurement Software 132

CIO Business Intelligence

JUNE 18, 2024

While compliance frameworks provide guidelines for protecting sensitive data and mitigating risks, security measures must adapt to evolving threats. Security, on the other hand, encompasses the broader spectrum of protective measures implemented to defend against malicious activities, data breaches, and cyberattacks.

Risk 105

Risk Measurement Risk Management Management 105