CIO Business Intelligence

JANUARY 21, 2025

CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns. In 2024, departments and teams experimented with gen AI tools tied to their workflows and operating metrics.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

O'Reilly on Data

DECEMBER 12, 2019

In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. While our analysis of each method may appear technical, we believe that understanding the tools available, and how to use them, is critical for all risk management teams.

Machine Learning 275

Machine Learning Modeling Testing Risk Management 275

CIO Business Intelligence

MARCH 19, 2025

Developers, data architects and data engineers can initiate change at the grassroots level from integrating sustainability metrics into data models to ensuring ESG data integrity and fostering collaboration with sustainability teams. However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive.

IT 59

IT Data Governance Data-driven Metrics 59

O'Reilly on Data

NOVEMBER 13, 2018

There are also many important considerations that go beyond optimizing a statistical or quantitative metric. As we deploy more models, it’s becoming clear that we will need to think beyond optimizing statistical and business metrics. Real modeling begins once in production. Culture and organization.

Machine Learning 270

Machine Learning Risk Management Statistics 270

Smart Data Collective

SEPTEMBER 17, 2020

Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations. Big Data can efficiently enhance the ways firms utilize predictive models in the risk management discipline. Big Data provides financial and banking organizations with better risk coverage.

Big Data 145

Big Data Finance Risk Management Risk 145

John Wheeler

SEPTEMBER 15, 2020

As the recovery efforts fully take hold in 2021, a deep understanding of the integrated nature of risks associated with business operations will take center stage. Those businesses that employ a “PRACtical” approach utilizing integrated risk management (IRM) will be in the best position to recover quicker and more successfully.

Risk Management 52

Risk Management Risk Management Business Objectives 52

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

DataRobot Blog

DECEMBER 6, 2022

Taking a Multi-Tiered Approach to Model Risk Management. Understand why organizations need a three-pronged approach to mitigating risk among multiple dimensions of the AI lifecycle and what model risk management means to today’s AI-driven companies. Read the blog. Read the blog.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

Smart Data Collective

NOVEMBER 19, 2021

Typically, each platform has its own set of guidelines and rubrics on what comprises a basket as well as notable metric points (such as volatility and developer activity) for an investor’s reference. Blockchain has been a saving grace for investors concerned about risk management. They Can Help Diversify Portfolios.

Risk 133

Risk Risk Management Metrics Marketing 133

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. The calculation methodology and query performance metrics are similar to those of the preceding chart.

Data Warehouse 134

Data Warehouse Dashboards Risk Management Risk 134

CIO Business Intelligence

FEBRUARY 20, 2025

Solid reporting provides transparent, consistent and combined HR metrics essential for strategic planning, risk management and the management of HR measures. It ensures that all relevant data and information is consolidated, evaluated and presented in a clear and concise form.

Big Data 84

Big Data Measurement Visualization Machine Learning 84

CIO Business Intelligence

SEPTEMBER 17, 2024

Rather, a security program should aim to achieve sufficient security and reduce risk to acceptable levels to achieve the organization’s overall business goals. To do so, the organization and the security program should define its security risk appetite. A risk appetite statement provides a high-level description of acceptable risk.

Measurement 111

Measurement Metrics Risk Dashboards 111

CIO Business Intelligence

JULY 13, 2022

Metrics that create a narrative and show how the business compares to competitors, the wider industry, and globally against all businesses give a clear picture that allows board members to set strategy. They want something that’s going to punch them in the face,” he said. Check out the full summit agenda here.

Strategy 124

Strategy Metrics Risk Risk Management 124

CIO Business Intelligence

JUNE 25, 2024

But that doesn’t make share price a useful metric for evaluating business performance. Yes, an increase in share price should be a useful measure of management performance, because it ought to reflect the expectations of outside industry experts regarding the company’s future profitability.

Risk 118

Risk Risk Management Statistics Management 118

CIO Business Intelligence

APRIL 21, 2022

Combining Agile and DevOps with elements such as cloud, testing, security, risk management and compliance creates a modernized technology delivery approach that can help an organization achieve greater speed, reduced risk, and enhanced quality and experience.

Digital Transformation 145

Digital Transformation Key Performance Indicator Risk Testing 145

CIO Business Intelligence

SEPTEMBER 20, 2023

Agile is an amazing risk management tool for managing uncertainty, but that’s not always obvious.” The key is recognizing that planning must be an agile discipline, not a standalone activity performed independently of agile teams. He recommends that leaders identify a metric that focuses on value to the customer.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

CIO Business Intelligence

JUNE 21, 2022

CIOs frequently launch strategic initiatives without fully considering all the risks involved. By that time, governance structures are rushed and risk mitigation measures lose their effectiveness.”. Many enterprises continue to base their IT governance on cost and performance service level agreement (SLA) metrics.

IT 116

IT Risk Measurement Risk Management 116

CIO Business Intelligence

MARCH 12, 2024

When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. CIOs can change this thinking by incorporating preemptive projects like disaster recovery into their corporate risk management strategies.

ROI 122

ROI IT Manufacturing Metrics 122

Cloudera

JUNE 29, 2023

Implementing a modern data architecture makes it possible for financial institutions to break down legacy data silos, simplifying data management, governance, and integration — and driving down costs. However, because most institutions lack a modern data architecture , they struggle to manage, integrate and analyze financial data at pace.

Data Architecture 85

Data Architecture Risk Management Risk Management 85

Octopai

JULY 9, 2020

It required banks to develop a data architecture that could support risk-management tools. Not only did the banks need to implement these risk-measurement systems (which depend on metrics arriving from distinct data dictionary tools), they also needed to produce reports documenting their use.

Insurance 98

Insurance Risk Management Machine Learning Metadata 98

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

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

Smart Data Collective

JUNE 3, 2021

Analytics tools enable companies to assess the performance of employees across various metrics and find ways to improve performance. Making better risk assessments. Risk management is one of the most important elements of financial planning. Analytics tools help companies develop better risk scoring models.

Management 124

Management Analytics Finance Analytics Technologies 124

CIO Business Intelligence

NOVEMBER 21, 2023

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

IT 137

IT Risk Cost-Benefit Data Science 137

CIO Business Intelligence

MAY 13, 2024

It focuses on three core areas of documentation: compliance, risk management, and model lifecycle management — processes IBM says are intertwined. watsonx.governance is a toolkit for governing generative AI and machine learning models.

Machine Learning 122

Machine Learning Risk Enterprise Modeling 122

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

Cloudera

OCTOBER 20, 2021

Since then, a further update has been made to the BIS stress testing principles that continues to emphasize the importance of scenarios in better understanding risk. . When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers. Assess Variables.

Risk 80

Risk Modeling Risk Management Measurement 80

CIO Business Intelligence

AUGUST 30, 2024

The two hour and 45-minute exam of 90 mostly multiple-choice scored questions and 25 pretest questions, covers talent acquisition, HR administration and shared services, talent management and development, compensation, benefits, work experience, employee relations, risk management, and HR info management.

Cost-Benefit 118

Cost-Benefit Risk Management Strategy Testing 118

CIO Business Intelligence

DECEMBER 6, 2024

Together, they formed an internal team of professionals in financial service fields including regulatory compliance, risk management, and audit, among others. to create risk audit control metrics that assign risk factors to every capability they audit. The team reviews and advises on gen AI use cases.

Marketing 122

Marketing Technology Risk Measurement 122

DataRobot Blog

JULY 21, 2022

Data scientists need to understand the business problem and the project scope to assess feasibility, set expectations, define metrics, and design project blueprints. Outline clear metrics to measure success. Document assumptions and risks to develop a risk management strategy. Define project scope.

Machine Learning 98

Machine Learning Metrics Modeling Testing 98

IBM Big Data Hub

SEPTEMBER 6, 2023

A continuous vulnerability management process helps stop cyberattacks—and soften the blow of those that succeed—by finding and fixing flaws before threat actors can weaponize them. The vulnerability management lifecycle Corporate networks are not static.

Management 97

Management Metrics Risk Reporting 97

IBM Big Data Hub

APRIL 19, 2024

Mobile-connected technicians experience improved safety through measures such as access control, gas detection, warning messages or fall recognition, which reduces risk exposure and enhances operational risk management (ORM) during work execution.

Management 85

Management Internet of Things Risk IoT 85

Jet Global

MAY 11, 2021

May 11, 2021 – In the early days of the pandemic, cash flow management took center stage for many businesses and risk management continues to be a priority this year as business leaders depend more than ever on finance teams for decision-making support. RALEIGH, N.C. –

Finance 98

Finance Technology Forecasting Uncertainty 98

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. This includes database modeling, metrics definition, dashboard design , and creating and publishing executive reports.

Statistics 97

Statistics Metrics Visualization Finance 97

IBM Big Data Hub

DECEMBER 8, 2023

The only thing left to do is to let the risks play out and monitor them continuously. An organization is always changing and so are business needs; therefore, it’s important that an organization has strong metrics for tracking over time each risk, its category and the corresponding mitigation strategy.

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

JULY 4, 2022

At companies that have both a CAO and a COO, the two often work closely together to develop success metrics and goals for the company. Their roles are related enough that these two executives will have to strategize together when it comes to budgets or implementing regulatory and compliance rules.

Manufacturing 98

Manufacturing Finance Reporting Risk Management 98