Remove Measurement Remove Predictive Analytics Remove Risk Management
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Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

As such, you should concentrate your efforts in positioning your organization to mine the data and use it for predictive analytics and proper planning. The Relationship between Big Data and Risk Management. Tips for Improving Risk Management When Handling Big Data. Vendor Risk Management (VRM).

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Why HR professionals struggle with big data

CIO Business Intelligence

Solid reporting provides transparent, consistent and combined HR metrics essential for strategic planning, risk management and the management of HR measures. Companies should then monitor the measures and adjust them as necessary. To do this, the key figures should be linked and combined in a meaningful way.

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Operational resilience delivered: BMC Helix helps financial institutions meet compliance

CIO Business Intelligence

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.

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CDOs: Your AI is smart, but your ESG is dumb. Here’s how to fix it

CIO Business Intelligence

Most data management conferences and forums focus on AI, governance and security, with little emphasis on ESG-related data strategies. If sustainability-related data projects fail to demonstrate a clear financial impact, they risk being deprioritized in favor of more immediate business concerns.

IT 59
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Data Analytics Helps Hedge Funds Improve Customer ROIs

Smart Data Collective

We will talk about some of the biggest ways that big data is changing the future of risk management among hedge funds. Data Analytics Helps Create More Robust Risk Management Controls We mentioned years ago that big data is changing risk management.

ROI 97
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How to Manage Risk with Modern Data Architectures

Cloudera

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. However, because most institutions lack a modern data architecture , they struggle to manage, integrate and analyze financial data at pace.

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Using Technology to Better Manage Risk in Insurance

Decision Management Solutions

One of the most significant ways in which carriers manage risk is through the underwriting, adjustment and pricing process. Predictive analytics can make a significant impact in this process, helping to ensure that carriers accept and price policies to properly balance the medical or financial risk against the value of the premiums.