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Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

Are you frustrated by an increase in the quantity of the data that your organization handles? Many businesses globally are dealing with big data which brings along a mix of benefits and challenges. A report by China’s International Data Corporation showed that global data would rise to 175 Zettabyte by 2025.

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How to Manage Risk with Modern Data Architectures

Cloudera

Implementing a modern data architecture makes it possible for financial institutions to break down legacy data silos, simplifying data management, governance, and integration — and driving down costs. Enhance counterparty risk assessment. Possible applications include: Improved customer risk profiling.

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Improving ESG performance in financial services on Microsoft Cloud

CIO Business Intelligence

Overcoming data challenges Despite their growing commitment to ESG, financial firms have learned the path to sustainability and prosperity can be rocky. “ESG ESG data quality is the biggest challenge. revenue growth from businesses showing a lower commitment to ESG.

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What is a Data Pipeline?

Jet Global

A data pipeline is a series of processes that move raw data from one or more sources to one or more destinations, often transforming and processing the data along the way. Data pipelines support data science and business intelligence projects by providing data engineers with high-quality, consistent, and easily accessible data.

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Automating Model Risk Compliance: Model Development

DataRobot Blog

Addressing the Key Mandates of a Modern Model Risk Management Framework (MRM) When Leveraging Machine Learning . The regulatory guidance presented in these documents laid the foundation for evaluating and managing model risk for financial institutions across the United States. To reference SR 11-7: .

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Why you should care about debugging machine learning models

O'Reilly on Data

In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. The study of security in ML is a growing field—and a growing problem, as we documented in a recent Future of Privacy Forum report. [8]. Currency amounts reported in Taiwan dollars.

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A guide to efficient Oracle implementation

IBM Big Data Hub

The platform has been used to modernize and unify the information technology (IT) ecosystem of major financial firms, simplify human capital management (HCM) across brands’ subsidiaries, and optimize reporting processes in complex healthcare settings. Data quality: Ensure migrated data is clean, correct and current.

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