Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

Risk 99

Risk Optimization Management Insurance 99

O'Reilly on Data

NOVEMBER 13, 2018

The Future of Privacy Forum and Immuta recently released a report with some great suggestions on how one might approach machine learning projects with risk management in mind: When you’re working on a machine learning project, you need to employ a mix of data engineers, data scientists, and domain experts.

Machine Learning 217

Machine Learning Risk Management Statistics 217

IBM Big Data Hub

OCTOBER 16, 2023

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 encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Risk 71

Risk Modeling Management Metadata 71

CIO Business Intelligence

MAY 9, 2024

Companies want candidates who can drive innovation, deliver meaningful business results, and work closely with other leaders to manage risks. To that end, CAIOs must break down silos and interact with a multitude of leaders in both lines of business and supporting functions, Daly says.

Risk Management 129

Risk Management Risk Cost-Benefit Technology 129

Cloudera

MAY 18, 2021

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management.

Risk 96

Risk Marketing Risk Management Data-driven 96

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

CIO Business Intelligence

MAY 20, 2024

Krishna Prasad, chief strategy officer and CIO at UST, a digital transformation solutions company, says that cybersecurity not only remains top of mind but an area of significant work for IT as it’s tasked with executing much of the risk-mitigation efforts. Risk management came in at No. Foundry / CIO.com 3. For Rev.io

IT 133

IT Risk Management Machine Learning Risk 133

DataRobot Blog

MAY 26, 2022

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.

Risk 52

Risk Modeling Metrics Business Objectives 52

John Wheeler

DECEMBER 31, 2020

In 2020, our ETT analyst team addressed nearly 11,000 unique discussion topics as part of our daily client interactions. As we look to 2021 and the anticipated global economic recovery , we see continued interest in topics related to emerging business risks, digital transformation and cybersecurity.

Technology 86

Technology Risk Management Digital Transformation Risk 86

John Wheeler

OCTOBER 6, 2021

2021 has been an eventful year for business leaders as they continue to struggle with major risk events. Common to all of these risk events is the highly interconnected causes and effects that require a better view of the risk landscape.

Risk Management 52

Risk Management Risk Interactive Technology 52

CIO Business Intelligence

APRIL 5, 2024

California and Connecticut lead the pack One state to watch is California, partly because of its large population that interacts with businesses across the US, and partly because the state legislature there tends to be ahead of the pack on consumer protection issues. “There’s obviously going to be heightened scrutiny here across the board.”

Risk 104

Risk Interactive Insurance Strategy 104

AWS Big Data

FEBRUARY 1, 2024

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. Apart from generating regulatory reports, these teams require visibility into the health of the reporting systems.

Data Warehouse 124

Data Warehouse Dashboards Risk Management Risk 124

John Wheeler

MARCH 6, 2019

It has been 5 years since Gartner embarked on the journey to enhance our coverage of the risk management technology marketplace. That journey included in-depth survey research and countless interactions with our end-user clients to understand their need to better manage strategic, operational and IT/cybersecurity risks.

Risk Management 77

Risk Management Risk Data-driven Marketing 77

CIO Business Intelligence

JANUARY 19, 2024

While the original NIS1 Directive of 2016 was viewed as a major evolution in cybersecurity regulation, a lot has changed since then, particularly assumptions about the risk posed by an expanding range of cyberattacks. At that time, cybersecurity was seen primarily as a problem faced by individual organizations. This is hugely ambitious.

Digital Transformation 86

Digital Transformation Risk Risk Management Interactive 86

IBM Big Data Hub

JANUARY 16, 2024

What generative AI has done is open a new world of innovations that can help personalize financial planning and investment management. Since AI has an ability to find trends in data, AI helps insurers create personalized products which could lead to more accurate risk assessments and ease insurance costs for individuals.

Risk Management 49

Risk Management Insurance Cost-Benefit Risk 49

John Wheeler

MARCH 30, 2020

Integrated Risk Management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. These efforts demonstrate the rising need for an integrated approach to risk management and highlight the following four IRM market trends.

Marketing 59

Marketing Risk Management Risk Digital Transformation 59

CIO Business Intelligence

SEPTEMBER 20, 2023

Now Assist for IT Service Management, Customer Service Management, and HR Service Delivery add new text creation and summarization features and an interactive chatbot interface to help workers get to relevant information more quickly. It can even help you navigate from one part of the platform to the other.

Cost-Benefit 104

Cost-Benefit Software Finance Interactive 104

John Wheeler

JULY 17, 2020

From January through June, our ETT analyst team discussed over 5,000 unique topics as part of our daily client interactions. Interestingly, integrated risk management (IRM) topped the list as a result of increasing interest in business continuity, environment, health & safety (EH&S) and third-party risk management.

Risk Management 52

Risk Management Risk Technology Management 52

Cloudera

DECEMBER 14, 2022

OCBC Bank optimizes customer experience & risk management with multi-phased data initiative. The company recently migrated to Cloudera Data Platform (CDP ) and CDP Machine Learning to power a number of solutions that have increased operational efficiency, enabled new revenue streams and improved risk management.

Data Strategy 79

Data Strategy Strategy IT Contextual Data 79

BA Learnings

JANUARY 10, 2018

Latent conditions can be highlighted and corrected via effective risk management before problems manifest in the system. Applying the Swiss cheese model is a form of proactive risk management that should be practised to prevent disaster. How does this affect business analysts?

Risk Management 183

Risk Management Risk Interactive Modeling 183

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. Otherwise, the risks become too significant.

Enterprise 98

Enterprise ROI Risk Strategy 98

John Wheeler

SEPTEMBER 14, 2018

This week, Gartner hosted its annual Security & Risk Management Summit in London and the buzz at the event centered on the new risks associated with the General Data Protection Regulation (GDPR). It’s no wonder that CEOs consider risk management as one of their top priorities in 2018 (see figure below).

Risk Management 56

Risk Management Risk Data Processing Management 56

IBM Big Data Hub

FEBRUARY 13, 2024

The compact design and touch-based interactivity seemed like a leap into the future. Project management and operations : Generative AI tools can support project managers with automation within their platforms. Generative AI allows project managers to search through and create instant summaries of essential business documents.

Enterprise 119

Enterprise Modeling Testing Data-driven 119

CIO Business Intelligence

JUNE 26, 2023

Consumer banks can use digital interactions to gather more customer data and apply real-time analytics to expand services and speed up processes. Machine-managed risk Risk management is a top-of-mind issue for all financial services firms. But there’s an opportunity in this shift.

Data-driven 90

Data-driven Insurance Risk Risk Management 90

CIO Business Intelligence

MARCH 20, 2024

We’re even finding that former customer-service employees are often much better at working and interacting with LLMs than programmers. With these advances, companies need to ensure such tools are being created with responsible AI principles built in, working across governance, risk management, accountability and explainability.

IT 114

IT Strategy Enterprise Technology 114

IBM Big Data Hub

MAY 17, 2024

To take one example, AI-facilitated tools like voice navigation promise to upend the way users fundamentally interact with a system. But as businesses around the globe rapidly adopt the technology to augment processes from merchandising to order management, there is some risk. But none of these use cases exist in a vacuum.

B2B 65

B2B Interactive Optimization Forecasting 65

CIO Business Intelligence

JULY 13, 2022

Pick up strategies for a creating a world-class cybersecurity center during an interactive workshop with Kathryn Knerler, MITRE Labs department manager and senior principal cybersecurity architect, and Ingrid Parker, manager of intelligence at Red Canary. Sometimes the threats are close to home.

Strategy 110

Strategy Metrics Risk Risk Management 110

Cloudera

MARCH 2, 2022

Risk management is a highly dynamic discipline these days. Similarly, the European Central Bank is issuing stress testing requirements related to climate risk given the potential economic shifts related to addressing climate change. Stress testing is a particular area that has become even more important throughout the pandemic.

Testing 93

Testing Management Risk Management Forecasting 93

CIO Business Intelligence

SEPTEMBER 7, 2023

The second challenge is managing new risks, which stem primarily from the threat of misinformation. Since the consequence of failure is high, the defense industry must strike a deft balance between innovation and risk management. (more about this in my article about accelerating generative AI here ).

Unstructured Data 96

Unstructured Data Cost-Benefit Risk Data-driven 96

FineReport

APRIL 9, 2024

Through interactive dashboards , these tools empower users across various departments to access and interpret data effectively. By leveraging advanced analytics capabilities, businesses can uncover hidden opportunities and potential risks within their datasets, allowing them to proactively address challenges and capitalize on emerging trends.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

DECEMBER 6, 2023

Microsoft called the poll an error and promised to investigate, but it already seems to clearly breach several of the company’s own principles of responsible AI usage , such as inform people that they’re interacting with an AI system, and guidelines for human-AI interaction.

IT 124

IT Risk Management Interactive Modeling 124

Smart Data Collective

SEPTEMBER 28, 2021

Moreover, with the help of an AI development company , businesses can avoid unforeseen downtime, increase operational productivity, develop new services and products, and boost risk control. Various firms are using machine-to-machine interaction to identify inbound attacks and send out automatic answers to cybercriminals.

IoT 132

IoT Internet of Things Cost-Benefit Consulting 132

IBM Big Data Hub

DECEMBER 4, 2023

This approach can accelerate speed-to-market by providing enhanced capabilities for developing innovative products and services, facilitating business growth and improving the overall customer experience in their interactions with the company.

Insurance 54

Insurance Digital Transformation Risk Management Interactive 54

Smart Data Collective

MARCH 27, 2023

However, the rise of big data has also led to greater security risks. From healthcare to finance and from social media to education, big data is transforming how we interact with the world around us. One of the reasons many companies don’t prioritize data security is that they believe they’re not at risk of being attacked.

Big Data 93

Big Data Risk Risk Management Finance 93

CIO Business Intelligence

OCTOBER 3, 2023

They enable greater efficiency and accuracy and error reduction, better decision making, better compliance and risk management, process optimisation and greater agility. It requires careful analysis of all processes, and in many cases changes to how individual process operate and interact.

Cost-Benefit 101

Cost-Benefit Machine Learning Interactive Software 101

Cloudera

NOVEMBER 30, 2023

From the pioneering research of English mathematician and logician Alan Turing to the recent breakthroughs achieved by models like GPT-3/GPT-4, AI has undeniably transformed industries and revolutionized human-computer interactions.

Risk Management 78

Risk Management Risk Strategy Modeling 78

John Wheeler

OCTOBER 12, 2018

So, how can these emerging risks be managed to limit the amount of business disruption? Gartner recommends an integrated risk management (IRM) approach that links the strategic focus of enterprise risk management (ERM) programs with the tactical steps necessary to secure the most relevant business assets.

Risk Management 40

Risk Management Risk Technology Management 40