CIO Business Intelligence

MAY 28, 2024

While we are proud to build and release models that are industry-leading on both capabilities and safety, we welcome a robust debate at this important moment,” it said in the blog post. Therefore, it is essential to integrate security measures, risk management, and ethical considerations from the design stage, rather than as an afterthought.”

Risk 85

Risk Risk Management Modeling Consulting 85

Smart Data Collective

MAY 4, 2023

As data breaches continue to be a serious concern, organizations need to take stringent measures to protect against them. One issue that they need to take into consideration is the importance of third-party data security risks caused by improper vendor security. These steps can help reduce the risks of data breaches.

Risk Management 77

Risk Management Key Performance Indicator Measurement Risk 77

erwin

DECEMBER 20, 2018

Whether implemented as preventative measures (risk management and regulation) or proactive endeavors (value creation and ROI), the benefits of a data governance initiative is becoming more apparent. With that in mind, we’ve compiled a list of the very best, best-practice blog posts from the erwin Experts in 2018.

Data Governance 40

Data Governance ROI Risk Management Metadata 40

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. IRM technology product leaders will need to develop IRM capabilities that are capable of addressing the IRM market insights outlined in this blog post. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

IBM Big Data Hub

MAY 14, 2024

Many federal agencies are appointing CAIOs to oversee AI use within their domains, promote responsible AI innovation and address risks associated with AI, including generative AI (gen AI), by considering its impact on citizens. But, how will these CAIOs balance regulatory measures and innovation? How will they cultivate trust?

Risk 84

Risk Risk Management Measurement Strategy 84

Smart Data Collective

JULY 16, 2023

This blog post will provide an in-depth exploration of these strategies, equipping fund managers with the knowledge to boost their fund performance and investor confidence. We will talk about some of the biggest ways that big data is changing the future of risk management among hedge funds.

ROI 71

ROI Data Analytics Analytics Risk Management 71

IBM Big Data Hub

MAY 28, 2024

A data protection strategy is a set of measures and processes to safeguard an organization’s sensitive information from data loss and corruption. Data risk management To protect their data, organizations first need to know their risks. What is a data protection strategy?

Strategy 72

Strategy Measurement Risk Cost-Benefit 72

Cloudera

FEBRUARY 15, 2024

From stringent data protection measures to complex risk management protocols, institutions must not only adapt to regulatory shifts but also proactively anticipate emerging requirements, as well as predict negative outcomes. The post Back to the Financial Regulatory Future appeared first on Cloudera Blog.

Insurance 86

Insurance Data Architecture Risk Management Risk 86

Cloudera

JUNE 29, 2023

To ensure the stability of the US financial system, the implementation of advanced liquidity risk models and stress testing using (MI/AI) could potentially serve as a protective measure. However, because most institutions lack a modern data architecture , they struggle to manage, integrate and analyze financial data at pace.

Data Architecture 84

Data Architecture Risk Management Risk Management 84

Cloudera

OCTOBER 20, 2021

Firms face critical questions related to these disclosures and how climate risk will affect their institutions. What are the key climate risk measurements and impacts? When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers.

Risk 80

Risk Modeling Risk Management Measurement 80

DataRobot Blog

JULY 22, 2022

At many organizations, the current framework focuses on the validation and testing of new models, but risk managers and regulators are coming to realize that what happens after model deployment is at least as important. Reduce Risk with Systematic Model Controls. What Risk Managers Need to Know About AI Governance.

Modeling 105

Modeling Risk Management Testing Risk 105

IBM Big Data Hub

DECEMBER 8, 2023

Step 2: Perform a risk assessment The next step is to quantify the level of risk for each risk identified during the first step. This is a key part of the risk mitigation plan since this step lays the groundwork for the entire plan. This approach may require the organization to compromise other resources or strategies.

Risk 69

Risk Strategy Risk Management Insurance 69

IBM Big Data Hub

MARCH 20, 2024

Prioritizing operational resiliency In our view, the essence of operational resilience is an assumption that disruption is inevitable, and organizations must have measures in place to be able to absorb and adapt to any shocks. This includes cyber incidents, technology failures, natural disasters and more. Similarly, in the U.S.

Risk Management 74

Risk Management Risk Enterprise Business Services 74

IBM Big Data Hub

FEBRUARY 8, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important in investment decision-making over the years. In response, asset managers began to develop ESG strategies and metrics to measure the environmental and social impact of their investments.

Measurement 79

Measurement Metrics Reporting Strategy 79

IBM Big Data Hub

DECEMBER 14, 2023

In this blog, we will explore the concept of cyber resiliency from an IBM® perspective and how our approach can help organizations protect themselves in an ever-changing cybersecurity landscape. Cyber resiliency goes beyond mere cybersecurity measures. IBM recognizes the need for a swift and effective response to minimize damage.

Risk 80

Risk Measurement Business Objectives Optimization 80

IBM Big Data Hub

APRIL 4, 2024

Lots of innovation is happening, with new technologies emerging in areas such as data and AI, payments, cybersecurity and risk management, to name a few. A third-party risk management review, where the ISV needs to describe how it is complying to required controls. Most of these new technologies are born-in-cloud.

Cost-Benefit 56

Cost-Benefit Risk Management Risk Digital Transformation 56

datapine

FEBRUARY 22, 2022

This includes defining the main stakeholders, assessing the situation, defining the goals, and finding the KPIs that will measure your efforts to achieve these goals. Improved risk management: Another great benefit from implementing a strategy for BI is risk management. Identify key performance indicators (KPIs).

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

Cloudera

MAY 24, 2022

I recently attended the CeFPro environmental, social, and corporate governance (ESG) conference in London along with a variety of risk experts and ESG leaders from large global institutions. Climate Risk Measuring and Modeling. I like to be guided by the phrase “make the important measurable, not the measurable important.”.

Risk 87

Risk Measurement Modeling Risk Management 87

Laminar Security

DECEMBER 22, 2023

Implementing DSPM for cost reduction Effective implementation of Data security posture management (DSPM) can drive significant cost reductions in cloud storage by addressing three critical areas: risk management, access governance, and compliance. Data Access Governance (DAG) is pivotal for storage optimization.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

IBM Big Data Hub

MARCH 26, 2024

While ESG seeks to provide standard methods and approaches to measuring across environmental, social and governance KPIs, and holds organizations accountable for that performance, sustainability is far broader. How is sustainability managed—as an annual measuring exercise or an ongoing effort that supports business transformation?

Measurement 62

Measurement Metrics Strategy Reporting 62

IBM Big Data Hub

FEBRUARY 22, 2024

But it’s equally important that they have a deep understanding of the risks and limitations of AI and how to implement the appropriate security measures and ethics guardrails. Note: These measures of responsibility must be interpretable by AI non-experts (without “mathsplaining”).

Metadata 94

Metadata Measurement Risk Modeling 94

Cloudera

APRIL 19, 2023

In order to monetize their data while still respecting the privacy of their customers, these firms must implement robust data protection measures and adhere to relevant regulations. This includes implementing strong security measures, such as encryption and multi-factor authentication, and only collecting and using data with customer consent.

Data-driven 70

Data-driven Data Architecture Measurement Risk 70

IBM Big Data Hub

DECEMBER 13, 2023

Gather diverse insights, understand needs and manage expectations. Determine business objectives Define specific measurable, achievable, relevant and timely (SMART) objectives for the procurement function. Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations.

Strategy 67

Strategy Cost-Benefit Key Performance Indicator Consulting 67

Cloudera

NOVEMBER 30, 2023

It builds upon the collective wisdom of the AI community and complements existing frameworks like the AI Bill of Rights and the AI Risk Management Framework from the National Institute of Standards and Technology.

Risk Management 78

Risk Management Risk Strategy Modeling 78

CDW Research Hub

MAY 24, 2021

To support these plans, components such as prevention and detection mechanisms, access management, incident response, privacy and compliance, risk management, audit and monitoring, and business continuity planning are all necessary to a successful security program. Develop a security risk management program.

Risk Management 52

Risk Management Risk Unstructured Data Business Objectives 52

IBM Big Data Hub

JUNE 29, 2023

This blog explores the significance of IBP in today’s modern business landscape and highlights its key benefits and implementation considerations. Continuous monitoring and performance management Integrated Business Planning is an ongoing process that requires continuous monitoring of performance against plans and targets.

Key Performance Indicator 77

Key Performance Indicator Forecasting Data Integration Sales 77

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. In order to help make banks more resilient to drastic market changes, it will impose capital requirements that are more closely aligned with the market’s actual risk factors.

Risk 55

Risk Machine Learning Risk Management Measurement 55

IBM Big Data Hub

OCTOBER 16, 2023

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. Such datasets are measured by how many “tokens” (words or word parts) they include. The post How to use foundation models and trusted governance to manage AI workflow risk appeared first on IBM Blog.

Risk 72

Risk Modeling Management Metadata 72

IBM Big Data Hub

MARCH 4, 2024

An AI+ enterprise mitigates potential harm by implementing robust measures to secure, monitor and explain AI models, as well as monitoring governance, risk and compliance controls across the hybrid cloud environment. Visit the IBM Hybrid Cloud Architecture Center The post How to become an AI+ enterprise appeared first on IBM Blog.

Enterprise 99

Enterprise ROI Risk Strategy 99

erwin

MARCH 25, 2021

Usually we talk about benefits which are rather qualitative measures, but what we need for decision-making processes are values,” Pörschmann says. “We Risk Management and Regulatory Compliance. Risk management, specifically around regulatory compliance, is an important use case to demonstrate the true value of data governance.

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. Entities will also be expected to put appropriate cybersecurity protection measures in place.

Cost-Benefit 75

Cost-Benefit Testing Strategy Risk Management 75

Decision Management Solutions

APRIL 23, 2019

In February, we published a blog post on “Using Technology to Add Value in Insurance”. in which he states there are only three levers of value in insurance: Sell More, Manage Risk Better (aka underwriting and adjusting), and Cost Less to Operate. Finally, better managing risk relies on business ownership and collaboration.

Insurance 69

Insurance Risk Technology Management 69

Alation

AUGUST 17, 2022

Constellation Analyst Dion Hinchcliffe suggests that functions should be loosely integrated into the following streams: Governance, risk, compliance. Enterprise risk management. Data management. In terms of measurement, he says “metrics are in the eye of the data consumer. Subscribe to Alation's Blog.

Data Governance 92

Data Governance Risk Data-driven Measurement 92

Cloudera

SEPTEMBER 7, 2023

But these measures alone may not be sufficient to protect proprietary information. Even when backed by robust security measures, an external AI service is a tempting, outsized target for potential security breaches: each integration point, data transfer, or externally exposed API becomes a target for malicious actors.

Insurance 81

Insurance Risk Data-driven Finance 81

IBM Big Data Hub

FEBRUARY 15, 2024

Other climate science innovation could also contribute to climate change mitigation measures, ranging from carbon capture technology to methods of neutralizing ocean acidity. Explore sustainability strategy Learn about climate and weather risk management The post Climate change examples appeared first on IBM Blog.

Insurance 60

Insurance Risk Strategy Risk Management 60

Cloudera

AUGUST 21, 2021

Besides identifying key event patterns and escalating crucial alerts based on predictive insights and actionable intelligence, real time analytics and stream processing fortifies risk management by enabling preventive measures before an incident results in damage. . The need for speed.

Data-driven 101

Data-driven Digital Transformation Risk Risk Management 101

erwin

APRIL 21, 2020

By combining physical system catalogs, critical data elements, and key performance measures with clearly defined product and sales goals, you can manage the effectiveness of your business and ensure you understand what critical systems are for business continuity and measuring corporate performance.

Measurement 97

Measurement Sales Data Governance Metadata 97