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Model Risk Management And the Role of Explainable Models(With Python Code)

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. The post Model Risk Management And the Role of Explainable Models(With Python Code) appeared first on Analytics Vidhya. Photo by h heyerlein on Unsplash Introduction Similar to rule-based mathematical.

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ISO 20022: Are your payment systems ready?

IBM Big Data Hub

ISO 20022 data improves payment efficiency The impact of ISO 20022 on payment systems data is significant, as it allows for more detailed information in payment messages. ISO 20022 drives improved analytics and new revenue opportunities ISO 20022 enables more sophisticated payment analytics by providing a richer data set for analysis.

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NeoBanks – The New Age Tech Revolutionizing AI in Banking

bridgei2i

Today, with AI, more sophisticated rules can be developed which address the sparse data problems by factoring in alternate and behavioural data such as smart phone usage and payment behaviour. With AI, apart from the quantitative data, unstructured data systems can be assessed for risk management.

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Commercial Lines Insurance- the End of the Line for All Data

Cloudera

In the last few years, Commercial Insurers have been making great strides in expanding the use of their data. The approach is very evolutionary; the initial focus tends to be aimed at cost savings and starts with structured data. Then there is a recognition that there is so much more that can be done with the data.

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What is data governance? Best practices for managing data assets

CIO Business Intelligence

To help understand what a framework should cover, DAMA envisions data management as a wheel, with data governance as the hub from which the following 10 data management knowledge areas radiate: Data architecture : The overall structure of data and data-related resources as an integral part of the enterprise architecture Data modeling and design: Analysis, (..)

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Interview with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity

Corinium

It definitely depends on the type of data, no one method is always better than the other. For a large volume of structured data, for example, a customer master or data warehouse, where there are many stakeholders in your organization who need to see different subsets, tokenization is generally better.

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Serving the Public Through Data

Cloudera

Through processing vast amounts of structured and semi-structured data, AI and machine learning enabled effective fraud prevention in real-time on a national scale. . Data analytics can help generate positive outcomes for a country, its citizens, and its businesses.