CIO Business Intelligence

JANUARY 14, 2025

Its typical for organizations to test out an AI use case, launching a proof of concept and pilot to determine whether theyre placing a good bet. But as CIOs devise their AI strategies, they must ask whether theyre prepared to move a successful AI test into production, Mason says. Am I engaging with the business to answer questions?

Strategy 141

Strategy ROI Experimentation Risk 141

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

JANUARY 14, 2025

In todays digital economy, business objectives like becoming a leading global wealth management firm or being a premier destination for top talent demand more than just technical excellence. Most importantly, architects make difficult problems manageable. The stakes have never been higher.

Enterprise 119

Enterprise Technology Metrics Measurement 119

CIO Business Intelligence

MARCH 19, 2025

Then in November, the company revealed its Azure AI Agent Service, a fully-managed service that lets enterprises build, deploy and scale agents quickly. Before that, though, ServiceNow announced its AI Agents offering in September, with the first use cases for customer service management and IT service management, available in November.

Software 143

Software Risk Enterprise Cost-Benefit 143

CIO Business Intelligence

FEBRUARY 21, 2025

In a damning audit report , Grant Thornton has exposed how the project implementation turned into a cautionary tale of project mismanagement, highlighting critical failures in governance, technical oversight, and vendor management that continue to impact the councils core operations.

Reporting 90

Reporting Risk Testing Risk Management 90

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

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

MARCH 4, 2025

In fact, successful recovery from cyberattacks and other disasters hinges on an approach that integrates business impact assessments (BIA), business continuity planning (BCP), and disaster recovery planning (DRP) including rigorous testing. See also: How resilient CIOs future-proof to mitigate risks.)

Testing 64

Testing Risk Consulting Risk Management 64

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

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

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. Implement more disciplined validation and testing. But these losses can be minimized. Collaboration is an all-way street.

Management 98

Management Insurance Testing Finance 98

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

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

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

CIO Business Intelligence

JANUARY 6, 2025

This includes mandating bias testing, diversifying datasets, and holding companies accountable for the societal impacts of their technologies. To ensure it grows responsibly, we need diverse voices at the table developers, policymakers, and community leaders who can represent the needs of all users, not just the privileged few.

IT 124

IT Risk Technology Testing 124

CIO Business Intelligence

JANUARY 6, 2025

These regulations mandate strong risk management and incident response frameworks to safeguard financial operations against escalating technological threats. DORA mandates explicit compliance measures, including resilience testing, incident reporting, and third-party risk management, with non-compliance resulting in severe penalties.

Risk Management 52

Risk Management Risk Insurance Reporting 52

CIO Business Intelligence

MARCH 18, 2024

The regulation requires EU financial entities and their critical ICT providers to adopt comprehensive information and communications technology (ICT) risk management capabilities into their security processes. So, with no time to waste, where should they get started?

Risk Management 120

Risk Management Insurance Risk Testing 120

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

CIO Business Intelligence

NOVEMBER 7, 2024

This team addresses potential risks, manages AI across the company, provides guidance, implements necessary training, and keeps abreast of emerging regulatory changes. We are also testing it with engineering. Using a defensive and offensive strategy, we’ve taken decisive steps to ensure responsible innovation.

Insurance 120

Insurance Experimentation Testing Technology 120

Smart Data Collective

SEPTEMBER 17, 2020

Financial institutions such as banks have to adhere to such a practice, especially when laying the foundation for back-test trading strategies. Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations. The Role of Big Data. Engaging the Workforce.

Big Data 145

Big Data Finance Risk Management Risk 145

AWS Big Data

JULY 16, 2024

The Zurich Cyber Fusion Center management team faced similar challenges, such as balancing licensing costs to ingest and long-term retention requirements for both business application log and security log data within the existing SIEM architecture. Eventually, this data could be used to train ML models to support better anomaly detection.

Insurance 130

Insurance Management Cost-Benefit Optimization 130

FineReport

FEBRUARY 17, 2021

What is Project Management Report? A project management report is a high-level overview of the current status of a project. Why is project management report critical? Depending on the project’s size and complexity, the project management reporting content and frequency may vary. Project Management Report Structure.

Reporting 98

Reporting Management Dashboards Risk 98

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. For Model Management.

Modeling 105

Modeling Risk Management Testing Machine Learning 105

CIO Business Intelligence

AUGUST 6, 2024

The global head of cyberthreat management at a leading global property and casualty insurance company suggests: “Look across your portfolio where you’ve got that kind of auto-update automation and [ask], ‘Can they be slowed down some to keep this from being bigger than it needs to be?’

Risk Management 111

Risk Management Risk Testing Finance 111

IBM Big Data Hub

SEPTEMBER 6, 2023

Organizations rely on the vulnerability management process to head off these cyberthreats before they strike. The vulnerability management process is a continuous process for discovering, prioritizing, and resolving security vulnerabilities across an organization’s IT infrastructure.

Management 97

Management Metrics Risk Reporting 97

CIO Business Intelligence

FEBRUARY 20, 2025

HR managers need to think strategically about what their companys needs will be in the future and use this to develop requirement profiles for personnel planning. It also has a positive effect on holistic and sustainable corporate management. If a database already exists, the available data must be tested and corrected.

Big Data 84

Big Data Measurement Visualization Machine Learning 84

Domino Data Lab

AUGUST 6, 2021

All models require testing and auditing throughout their deployment and, because models are continually learning, there is always an element of risk that they will drift from their original standards. The primary focus of model governance involves tracking, testing and auditing. How Model Governance Works.

Machine Learning 145

Machine Learning Modeling Testing Data Science 145

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

OCTOBER 15, 2024

Recommendation : Ask leaders for their understanding of key practices such as agile, DevOps, and product management, and differences in core principles, methodologies, and tools will surface. CrowdStrike recently made the news about a failed deployment impacting 8.5 CrowdStrike recently made the news about a failed deployment impacting 8.5

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

DataRobot Blog

APRIL 29, 2022

The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks. However, after the financial crisis, financial regulators around the world stepped up to the challenge of reigning in model risk across the financial industry.

Risk 111

Risk Modeling IT Risk Management 111

Smart Data Collective

OCTOBER 21, 2021

The CISSP certification test assesses your knowledge in eight different security domains: Security and Risk Management Asset Security Security Architecture and Engineering Communication and Network Security Identity and Access Management (IAM) Security Assessment and Testing Security Operations Software Development Security.

Testing 141

Testing Big Data Risk Management Risk 141

DataRobot

OCTOBER 5, 2021

Throughout history, introducing innovations in fields like aviation and nuclear power to society required robust risk management frameworks. AI is no different, and by its nature, it demands a comprehensive approach to governance utilizing risk management. Step 1: Classify the AI Decision Type.

Risk Management 95

Risk Management Testing Risk Data Science 95

CIO Business Intelligence

JULY 1, 2024

“In addition to having remediation and mitigation steps in place, it is important to accept that AI itself can be used to monitor live systems, report incidents, and even help manage risk by providing automated solutions or fixes,” said Jain.

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

Cloudera

MARCH 28, 2019

They also fail to model the effects of fear and the risk of contagion. Risk management 3.0. The post Managing mortgage risk in an uncertain world appeared first on Cloudera Blog. Agent-based modelling captures these behaviors and the way they drive – or are driven by – crisis scenarios.

Risk 74

Risk Management Risk Management Machine Learning 74

CIO Business Intelligence

DECEMBER 19, 2023

Productivity improvements will likely come from experimenting with the platforms and tools that embed prompting and other natural language capabilities, while longer-term impacts will come from embedding the company’s intellectual property into privately managed large language models.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

APRIL 23, 2024

If this is a popular phrase in your company’s executive suite, risk-taking is a phantom virtue. To stay out of harm’s way, charter a few harmless initiatives — ones that aren’t likely to succeed, will pass the cool test if, in the off chance, they do happen to succeed, but won’t do much damage if they fail.

Risk 116

Risk IT Insurance Risk Management 116