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New regulation intensifies focus on IT risk management and operational resilience

CIO Business Intelligence

A comprehensive regulatory reach DORA addresses a broad range of ICT risks, including incident response, resilience testing, third-party risk management, and information sharing. When DORA becomes effective on January 17, 2025, non-compliance with DORA will trigger severe administrative and criminal penalties.

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Optimizing Risk and Exposure Management – Roundtable Highlights

Cloudera

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. At Cloudera, we believe in the untapped opportunity presented by data and AI, too.

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Enhancing customer care through deep machine learning at Travelers

CIO Business Intelligence

New York-based insurance provider Travelers, with 30,000 employees and 2021 revenues of about $35 billion, is in the business of risk. Managing all of its facets, of course, requires many different approaches and tools to achieve beneficial outcomes, and Mano Mannoochahr, the companyâ??s s a unique role and itâ??s

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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 5: COVID-19 and Changing Business Landscape in Australia

bridgei2i

Tourism and Hospitality are also largely affected, but in FS, insurance, and CPG, the impact is moderate. And since they involve making better decisions using data-driven insights, AI & Analytics led applications are leading the way forward. So how does this data and analytics enable these models? Subscribe Now.

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How Zurich Insurance Group built a log management solution on AWS

AWS Big Data

This post is written in collaboration with Clarisa Tavolieri, Austin Rappeport and Samantha Gignac from Zurich Insurance Group. Zurich Insurance Group (Zurich) is a leading multi-line insurer providing property, casualty, and life insurance solutions globally.

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3 areas where gen AI improves productivity — until its limits are exceeded

CIO Business Intelligence

Today, SAP has dozens of different gen AI tools, hosted in a company-wide platform, that allow employees to create content, graphics, and more. Consultants needed to use creativity, analytical skills, persuasiveness, and writing skills to carry out these tasks. It’s not about reducing headcount, he adds.

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How Financial Services and Insurance Streamline AI Initiatives with a Hybrid Data Platform

Cloudera

The way to manage this is by embedding data integration, data quality-monitoring, and other capabilities into the data platform itself , allowing financial firms to streamline these processes, and freeing them to focus on operationalizing AI solutions while promoting access to data, maintaining data quality, and ensuring compliance.