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What Is Model Risk Management and How is it Supported by Enterprise MLOps?

Domino Data Lab

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management.

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Data protection strategy: Key components and best practices

IBM Big Data Hub

A data protection strategy is a set of measures and processes to safeguard an organization’s sensitive information from data loss and corruption. According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 These data breaches can cost their victims in many ways.

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Your Effective Roadmap To Implement A Successful Business Intelligence Strategy

datapine

2) BI Strategy Benefits. Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on. Benefits Of Implementing a BI Strategy. Table of Contents.

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The Value of Data Governance and How to Quantify It

erwin

And with many competing projects and activities vying for people’s time, it must be clear to people why choosing data governance activities will have a direct benefit to them. Usually we talk about benefits which are rather qualitative measures, but what we need for decision-making processes are values,” Pörschmann says. “We

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Emerging Trends: 4 IRM Market Insights to Aid COVID-19 Business Recovery

John Wheeler

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Provide a full view of business operations by delivering forward-looking measures of related risk to help customers successfully navigate the COVID-19 recovery.

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Accelerate hybrid cloud transformation through IBM Cloud for Financial Service Validation Program

IBM Big Data Hub

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Most of these new technologies are born-in-cloud.

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Making intelligent automation work at scale

CIO Business Intelligence

Organizations can reap a range of benefits from deploying automation tools such as robotic process automation (RPA). Classic examples are the use of AI to capture and convert semi-structured documents such as purchase orders and invoices, Fleming says.