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How to use foundation models and trusted governance to manage AI workflow risk

IBM Big Data Hub

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It includes processes that trace and document the origin of data, models and associated metadata and pipelines for audits.

Risk 74
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Combine transactional, streaming, and third-party data on Amazon Redshift for financial services

AWS Big Data

The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory reporting. Deploy the solution You can use the following AWS CloudFormation template to deploy the solution.

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Three Things Finance and Accounting Teams Should Know about Power BI and Risk

Jet Global

Power BI is not just a product you install and configure; it is a many-month-long software project built on a complicated mix of technology components. Consider the track record of software projects in general. A full Power BI implementation is a large-scale project, and it carries similar risks. Power BI Is Highly Complex.

Finance 52
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Panorama Consulting Group: 4 Tips for Improving ERP Financial Reporting

Jet Global

Wes Gillette, VP of Product Management, insightsoftware discusses the problems most Finance professionals face with ERP financial reporting. While there’s no question that BI provides powerful and intuitive graphical analysis that serves most departments well, there is an exception: financial reporting. The Search for Real-time Data.

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AccountancyAge: Say goodbye to BI and hello to proper financial reporting

Jet Global

Financial reporting is much more specialised. Financial Reporting: Not a Fit for BI. Financial reporting needs cannot be solved by a BI implementation, mainly because transactional drill-down and real-time data demands are not supported in any reports produced by BI tools. Data Warehouse? Sounds good?

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What is enterprise architecture? A framework for transformation

CIO Business Intelligence

Organizations that scored in the top quartile for EA maturity in a recent Bizzdesign survey were three times more likely to report having organizational agility, which has been crucial during the past few years with the COVID-19 pandemic. Enterprise architect role Enterprise architects typically report to the CIO or other IT managers.

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Your Data Won’t Speak Unless You Ask It The Right Data Analysis Questions

datapine

Although organizations spend millions of dollars on collecting and analyzing data with various data analysis tools , it seems like most people have trouble actually using that data in actionable, profitable ways. Your Chance: Want to perform advanced data analysis with a few clicks? 3) Where will your data come from?

IT 317