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

IBM Big Data Hub

AI governance refers to the practice of directing, managing and monitoring an organization’s AI activities. It includes processes that trace and document the origin of data, models and associated metadata and pipelines for audits. Capture and document model metadata for report generation.

Risk 74
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Top 6 Benefits of Automating End-to-End Data Lineage

erwin

According to erwin’s “2020 State of Data Governance and Automation” report , close to 70 percent of data professional respondents say they spend an average of 10 or more hours per week on data-related activities, and most of that time is spent searching for and preparing data. Benjamin Franklin said, “Lost time is never found again.”

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AI Governance: Break open the black box

IBM Big Data Hub

This includes capturing of the metadata, tracking provenance and documenting the model lifecycle. The ability to track and share model facts and documentation across the organization provides backup for analytic decisions. Having this backup is crucial when addressing stakeholder, customers and concerns from regulators.

Metadata 100
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What is data governance? Best practices for managing data assets

CIO Business Intelligence

They must be accompanied by documentation to support compliance-based and operational auditing requirements. Programs must support proactive and reactive change management activities for reference data values and the structure/use of master data and metadata.

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What is BCBS 239 Compliance?

Octopai

BCBS 239 is a document published by that committee entitled, Principles for Effective Risk Data Aggregation and Risk Reporting. The document, first published in 2013, outlines best practices for global and domestic banks to identify, manage, and report risks, including credit, market, liquidity, and operational risks.

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What is Data Lineage? Top 5 Benefits of Data Lineage

erwin

These tools range from enterprise service bus (ESB) products, data integration tools; extract, transform and load (ETL) tools, procedural code, application program interfaces (API)s, file transfer protocol (FTP) processes, and even business intelligence (BI) reports that further aggregate and transform data. Who are the data owners?

Metadata 111
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Integrating Data Governance and Enterprise Architecture

erwin

It documents your data assets from end to end for business understanding and clear data lineage with traceability. Data governance and EA also provide many of the same benefits of enterprise architecture or business process modeling projects: reducing risk, optimizing operations, and increasing the use of trusted data.