Dataiku

DECEMBER 3, 2024

Every leader wants their organization to be innovative, and today’s tech landscape presents the perfect opportunity to focus on innovation.

Risk Management 40

Risk Management Risk Management Machine Learning 40

CIO Business Intelligence

OCTOBER 30, 2024

This challenge is particularly front and center in financial services with the arrival of new regulations and policies like the Digital Operational Resilience Act (DORA), which puts strict ICT risk management and security guidelines in place for firms in the European Union.

Enterprise 139

Enterprise Data Architecture Unstructured Data Insurance 139

O'Reilly on Data

JULY 15, 2019

After the 2008 financial crisis, the Federal Reserve issued a new set of guidelines governing models— SR 11-7 : Guidance on Model Risk Management. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk. Model risk management. AI projects in financial services and health care.

Machine Learning 43

Machine Learning Management Enterprise Risk Management 43

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. CIOs should consider placing these five AI bets in 2025.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

MAY 24, 2024

A variety of roles in the enterprise require or benefit from a GRC certification, such as chief information officer, IT security analyst, security engineer architect, information assurance program manager, and senior IT auditor , among others.

Risk 119

Risk Risk Management Management Enterprise 119

CIO Business Intelligence

SEPTEMBER 10, 2024

Managing cybersecurity and other technology risks will be top of mind for CIOs in 2025 across Australia and New Zealand (ANZ), with 82% of 109 respondents saying it is a key priority for next year, according to Gartner.

Uncertainty 132

Uncertainty Risk Management Risk Management 132

CIO Business Intelligence

NOVEMBER 19, 2024

Their collaboration enables real-time delivery of insights for risk management, fraud detection, and customer personalization. Intel’s cloud-optimized hardware accelerates AI workloads, while SAS provides scalable, AI-driven solutions.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

CIO Business Intelligence

JULY 23, 2024

Security and data governance is a growing challenge, and 61% of companies reported a third-party data breach or security incident, a 49% increase over the last year, according to The 2024 Third-Party Risk Management Study. “Be

Risk 142

Risk IT Risk Management Cost-Benefit 142

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

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 242

Machine Learning Modeling Testing Risk Management 242

CIO Business Intelligence

JANUARY 2, 2024

What CIOs need to do instead is to present IT infrastructure investment as an important corporate financial and risk management issue that the business can’t afford to ignore. From a financial and risk management standpoint, the building is a useless (and hazardous) asset that must be written off the books and remedied.

Risk 128

Risk IT Risk Management Sales 128

CIO Business Intelligence

SEPTEMBER 10, 2024

As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on. “We We now are paying much more attention to it,” he says.

Risk Management 130

Risk Management Risk Enterprise Insurance 130

CIO Business Intelligence

JULY 22, 2024

Enhanced risk management practices The incident has highlighted the need for improved risk management practices. By implementing robust risk management practices, enhancing security measures, and diversifying cloud solutions, organizations can better protect themselves against future disruptions.

Strategy 143

Strategy Testing Risk Management Risk 143

CIO Business Intelligence

JANUARY 21, 2025

As the Global CISO at Synechron, a leading global digital transformation consulting firm, Aaron Momin is accountable and responsible for cyber risk management, information security, crisis management and business continuity planning.

Behavioral Analytics 122

Behavioral Analytics Data-driven Risk Insurance 122

CIO Business Intelligence

DECEMBER 10, 2024

To drive gen-AI top-line revenue impacts, CIOs should review their data governance priorities and consider proactive data governance and dataops practices that go beyond risk management objectives.

Sales 143

Sales Metrics Data-driven Measurement 143

CIO Business Intelligence

NOVEMBER 4, 2024

Myrddin has also freed up teams to focus on risk management and strategic planning instead of getting slowed down by repetitive manual compliance checks.” “The ease-of-use has decreased the downtime that comes with manual reviews while improving response times as the AI learns.

Dashboards 115

Dashboards Risk Risk Management Data-driven 115

Smart Data Collective

MAY 4, 2023

As a result, third-party risk management (TPRM) has become a crucial aspect of enterprise risk management. Physical Security A comprehensive vendor security risk management strategy should also include physical security measures. Vendor security plays a pivotal role in third-party risk management.

Risk Management 114

Risk Management Key Performance Indicator Measurement Risk 114

CIO Business Intelligence

JUNE 6, 2024

The template, it said, covers common policy and governance functions and processes, including data management, risk management and procurement, “enabling enterprises to more readily integrate AI-specific guidance from the NIST AI Risk Management Framework ( RMF ) and ISO/IEC 42001.” The NIST framework, introduced early (..)

Risk Management 131

Risk Management Risk Data-driven Consulting 131

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 28, 2023

As a result, managing risks and ensuring compliance to rules and regulations along with the governing mechanisms that guide and guard the organization on its mission have morphed from siloed duties to a collective discipline called GRC. These executive lead risk or compliance departments with dedicated teams. What is GRC?

Risk 115

Risk Risk Management Strategy Enterprise 115

CIO Business Intelligence

OCTOBER 30, 2023

In addition, whereas resilience is a risk management strategy, adaptability is both a risk management and an innovation strategy. The philosophy behind adaptive systems is more about innovation than risk management.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

CIO Business Intelligence

FEBRUARY 21, 2025

When this review finally occurred and identified key issues, its findings were ignored, highlighting a systemic failure in the councils risk management approach, the report added. There are multiple reports including one from a manager at BCC highlighting the discrepancies at the Council, way back in June 2023.

Reporting 90

Reporting Risk Testing Risk Management 90

CIO Business Intelligence

AUGUST 6, 2024

Vendor risk management Assess vendor capabilities: Regularly evaluate the risk management and disaster recovery capabilities of key vendors. This knowledge can inform your own risk management and business continuity strategies.

Risk Management 111

Risk Management Risk Testing Finance 111

CIO Business Intelligence

MARCH 19, 2025

These include improvements to operational efficiency (56%), bolstering risk management (53%), and elevating decision-making (51%). Of those top motivators, 85% of respondents said they were focused on business optimization, driven by a desire to boost operational efficiency or improve their risk management.

Analytics 52

Analytics Enterprise Risk Management Strategy 52

CIO Business Intelligence

MAY 9, 2024

Equally important, a CAIO should have knowledge of risk management principles and regulatory compliance requirements related to AI. For Mark McCreary, CAIO, CSO, and partner at Fox Rothschild , a national law firm with approximately 1,000 attorneys, data management expertise is crucial.

Risk Management 138

Risk Management Risk Cost-Benefit Technology 138

CIO Business Intelligence

JUNE 23, 2023

The importance of efficiency, optimization, and risk reduction When asked how they measure success within their organizations, respondents noted increased efficiency (71%), optimized resources (67%), and reduced risk (63%). Risk Management: Risk management is a critical focus for technology professionals.

IT 98

IT Risk Management Risk Optimization 98

CIO Business Intelligence

MARCH 19, 2025

And EY uses AI agents in its third-party risk management service. Our risk assessors do that work, spending up to 50 hours on one vendor, poring over contracts and other documents to produce a report that calls out risks we observe.

Software 133

Software Risk Enterprise Cost-Benefit 133

CIO Business Intelligence

DECEMBER 20, 2024

As concerns about AI security, risk, and compliance continue to escalate, practical solutions remain elusive. as AI adoption and risk increases, its time to understand why sweating the small and not-so-small stuff matters and where we go from here.

Risk 105

Risk Measurement Modeling Interactive 105

CIO Business Intelligence

MARCH 4, 2025

This diligence results in a decision matrix that balances investment, value, and risk. Download the AI Risk Management Enterprise Spotlight.) Still, the change to its recovery objectives saved $1 million annually (which was applied to other parts of its DR/BCP program).

Testing 64

Testing Risk Consulting Risk Management 64

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.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

CIO Business Intelligence

MAY 20, 2024

Data privacy, compliance, and risk management Similarly, CIOs foresee themselves becoming more deeply involved in three areas closely related to cybersecurity: data privacy, compliance, and risk management. Risk management came in at No. Foundry / CIO.com 3. For Rev.io

IT 142

IT Risk Management Machine Learning Risk 142

Smart Data Collective

JULY 16, 2023

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

ROI Data Analytics Analytics Risk Management 97

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

The research finds the greatest inclination to spend is in sales performance management, which I interpret to mean that the participants see this area as having the highest potential to generate profit through gains in sales productivity and, therefore, increase revenue.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

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. Apart from generating regulatory reports, these teams require visibility into the health of the reporting systems.

Data Warehouse 134

Data Warehouse Dashboards Risk Management Risk 134