article thumbnail

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 103
article thumbnail

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 78
Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

erwin

For example, automatically importing mappings from developers’ Excel sheets, flat files, Access and ETL tools into a comprehensive mappings inventory, complete with auto generated and meaningful documentation of the mappings, is a powerful way to support overall data governance. Data quality is crucial to every organization.

article thumbnail

What is Data Lineage? Top 5 Benefits of Data Lineage

erwin

An understanding of the data’s origins and history helps answer questions about the origin of data in a Key Performance Indicator (KPI) reports, including: How the report tables and columns are defined in the metadata? Business terms and data policies should be implemented through standardized and documented business rules.

Metadata 111