Remove Data Enablement Remove Data Governance Remove Measurement Remove Risk
article thumbnail

The Benefits of Data Governance in Banks and Financial Institutions

Alation

Internal and external auditors work with many different systems to ensure this data is protected accordingly. This is where data governance comes in: A robust program allows banks and financial institutions to use this data to build customer trust and still meet compliance mandates. What is Data Governance in Banking?

article thumbnail

How to use DSPM to reduce cloud storage costs: a guide on how to identify and delete redundant, obsolete, or trivial data in cloud environments using DSPM tools

Laminar Security

This type of data, which often accumulates unnoticed, can significantly inflate cloud storage costs. By using DSPM tools to pinpoint and remove ROT data, businesses can both reduce their storage needs and also streamline their operations while minimizing the risk of data breaches.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Impact of Healthcare BI Tools on Decision-Making and Patient Care

FineReport

Challenges in Data Management Data Security and Compliance The protection of sensitive patient information and adherence to regulatory standards pose significant challenges in healthcare data management. Quality assurance measures play a pivotal role in validating the accuracy and relevance of data utilized by BI tools.

article thumbnail

Best Practices for Data Catalog Implementation

Octopai

For business users Data Catalogs offer a number of benefits such as better decision-making; data catalogs provide business users with quick and easy access to high-quality data. This availability of accurate and timely data enables business users to make informed decisions, improving overall business strategies.

article thumbnail

Back to the Financial Regulatory Future

Cloudera

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk.

article thumbnail

How to rule your data world: The role of data governance

BI-Survey

With the growing interconnectedness of people, companies and devices, we are now accumulating increasing amounts of data from a growing variety of channels. New data (or combinations of data) enable innovative use cases and assist in optimizing internal processes. This is where data governance comes in. .

article thumbnail

How to choose the best AI platform

IBM Big Data Hub

AI platforms assist with a multitude of tasks ranging from enforcing data governance to better workload distribution to the accelerated construction of machine learning models. The best AI platforms typically have various measures in place to ensure that your data, application endpoints and identity are protected.