Remove Metrics Remove Risk Management Remove Testing
article thumbnail

7 risk management rules every CIO should follow

CIO Business Intelligence

A PwC Global Risk Survey found that 75% of risk leaders claim that financial pressures limit their ability to invest in the advanced technology needed to assess and monitor risks. Yet failing to successfully address risk with an effective risk management program is courting disaster.

article thumbnail

From project to product: Architecting the future of enterprise technology

CIO Business Intelligence

Understanding and tracking the right software delivery metrics is essential to inform strategic decisions that drive continuous improvement. When tied directly to strategic objectives, software delivery metrics become business enablers, not just technical KPIs. Complex ideas that remain purely verbal often get lost or misunderstood.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How resilient CIOs future-proof to mitigate risks

CIO Business Intelligence

This year saw emerging risks posed by AI , disastrous outages like the CrowdStrike incident , and surmounting software supply chain frailties , as well as the risk of cyberattacks and quantum computing breaking todays most advanced encryption algorithms. Of these, AI is at the top of many CIOs minds.

Risk 105
article thumbnail

Why you should care about debugging machine learning models

O'Reilly on Data

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.

article thumbnail

10 AI strategy questions every CIO must answer

CIO Business Intelligence

Many CIOs have work to do here: According to a September 2024 IDC survey, 30% of CIOs acknowledged that they dont know what percentage of their AI proofs of concepts met target KPI metrics or were considered successful something that is likely to doom many AI projects or deem them just for show. What ROI will AI deliver?

Strategy 141
article thumbnail

PODCAST: Making AI Real – Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower

bridgei2i

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.

article thumbnail

How Big Data Impacts The Finance And Banking Industries

Smart Data Collective

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