CIO Business Intelligence

MAY 2, 2024

Security and risk management pros have a lot keeping them up at night. Then, you can develop a strategy that integrates advanced technologies to help you prevent (not just detect) them. And the only way to do this is to leverage advanced security technologies such as mobile cryptography.

Strategy 103

Strategy Risk Management Risk Measurement 103

CIO Business Intelligence

DECEMBER 28, 2023

But those tasks have become increasingly critical to organizational success in the modern era, as the number of laws, the complexity of doing business, the types of risks, and the use of technology have exploded in recent decades. Best practices, framework and technology have been developed to support this work.

Risk 96

Risk Risk Management Strategy Enterprise 96

AWS Big Data

FEBRUARY 1, 2024

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.

Data Warehouse 122

Data Warehouse Dashboards Risk Management Risk 122

erwin

MARCH 12, 2020

It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. The report notes six primary EA competencies in which we excel in the large vendor category: modeling, strategy translation, risk management, financial management, insights and change management.

Enterprise 85

Enterprise Reporting Management ROI 85

CIO Business Intelligence

AUGUST 30, 2023

As an example, the consultancy refers to how generative AI technology could potentially add $200 – $400 billion in added annual value to the banking industry if full implementation moves ahead on various use cases. Today, it is, as they create a mysterious new risk and attack surface to defend against.

Enterprise 128

Enterprise Risk Measurement Software 128

Smart Data Collective

JULY 16, 2023

According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. We will talk about some of the biggest ways that big data is changing the future of risk management among hedge funds. The market for financial analytics was worth $8.2

ROI 71

ROI Data Analytics Analytics Risk Management 71

Cloudera

OCTOBER 20, 2021

Firms face critical questions related to these disclosures and how climate risk will affect their institutions. What are the key climate risk measurements and impacts? When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers.

Risk 78

Risk Modeling Risk Management Measurement 78

IBM Big Data Hub

DECEMBER 8, 2023

Step 2: Perform a risk assessment The next step is to quantify the level of risk for each risk identified during the first step. This is a key part of the risk mitigation plan since this step lays the groundwork for the entire plan. There is a constant need to assess and change it when it seems fit.

Risk 75

Risk Strategy Risk Management Insurance 75

IBM Big Data Hub

APRIL 4, 2024

Lots of innovation is happening, with new technologies emerging in areas such as data and AI, payments, cybersecurity and risk management, to name a few. Most of these new technologies are born-in-cloud. A third-party risk management review, where the ISV needs to describe how it is complying to required controls.

Cost-Benefit 61

Cost-Benefit Risk Management Risk Digital Transformation 61

CIO Business Intelligence

APRIL 17, 2023

Thwarting financial crime is never easy, but by adopting the right cloud infrastructure and strategically deploying artificial intelligence (AI) technologies, financial institutions can get ahead of bad actors, gaining insight into their tactics, discovering their activity sooner, and preventing attacks before they lead to a loss.

Digital Transformation 90

Digital Transformation Risk Management Risk Consulting 90

CIO Business Intelligence

JANUARY 22, 2024

Remote work began as a temporary measure during the pandemic but has long been a permanent fixture in our new way of working. trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. To learn more, visit us here.

Digital Transformation 117

Digital Transformation Risk Cost-Benefit Risk Management 117

DataRobot

OCTOBER 5, 2021

Evaluating and mitigating the risk that comes with any new technology has been standard practice for organizations since World War II. Throughout history, introducing innovations in fields like aviation and nuclear power to society required robust risk management frameworks.

Risk Management 95

Risk Management Testing Risk Data Science 95

CIO Business Intelligence

SEPTEMBER 2, 2022

New technologies, such as cryptocurrency and digital banking, have the potential to bridge opportunity gaps in financial services that have existed for decades. But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

AUGUST 31, 2022

New technologies, such as cryptocurrency and digital banking, have the potential to bridge opportunity gaps in financial services that have existed for decades. But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

APRIL 27, 2023

The past year was rough for the tech industry, with several companies reporting layoffs and the looming threat of a recession. But despite the bumpy year, demand for technology skills remains strong, with the US tech unemployment rate dropping to 1.5% as of January. increase from 2021. increase from 2021.

IT 113

IT Software Risk Management 113

O'Reilly on Data

MAY 18, 2020

To date, at least 1,200 reports of AI incidents have been recorded in various public and research databases. Taken together, AI is a high-risk technology, perhaps akin today to commercial aviation or nuclear power. Data sensitivity also tends to be a helpful measure for the materiality of any incident.

Risk 359

Risk Modeling Data Processing Software 359

John Wheeler

OCTOBER 20, 2020

We continue our “20 for 20” theme this year by highlighting the integrated risk management (IRM) critical capabilities and top 20 software functions / features. These five capabilities support both integrated view of strategic, operational and technology risk as well as the related business outcomes, processes and assets.

Risk Management 52

Risk Management Risk Predictive Modeling Insurance 52

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 78

Risk Modeling Management Metadata 78

Smart Data Collective

SEPTEMBER 28, 2021

In today’s modern era, AI and IoT are technologies poised to impact every part of the industry and society radically. Because most businesses devote their primary efforts to developing their brand, software applications, or network, new technologies are apt to transform how they operate. l Improved Risk Management.

IoT 132

IoT Internet of Things Cost-Benefit Consulting 132

IBM Big Data Hub

DECEMBER 14, 2023

While the need for reliable, resilient, recoverable and corruption-free data governance has long been achieved by a backup and recovery routine, more modern techniques have been developed to support proactive measures that protect against threats before they occur. Cyber resiliency goes beyond mere cybersecurity measures.

Risk 86

Risk Measurement Business Objectives Optimization 86

IBM Big Data Hub

JUNE 29, 2023

Integrated Business Planning (IBP) addresses these challenges by providing a comprehensive framework that integrates strategic, operational and financial planning, analysis, and reporting to drive better business outcomes. Key performance indicators (KPIs) are established to measure progress and enable proactive management.

Key Performance Indicator 84

Key Performance Indicator Forecasting Data Integration Sales 84

IBM Big Data Hub

MAY 17, 2024

And these technologies provide brands with intelligent tools, enabling more productivity and efficiency than was possible even five years ago. Today the technology’s advanced capabilities encourage widespread adoption. Meanwhile, 43% are using the technology to inform strategic decisions.

B2B 58

B2B Interactive Optimization Forecasting 58

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. Entities will also be expected to put appropriate cybersecurity protection measures in place.

Cost-Benefit 82

Cost-Benefit Testing Strategy Risk Management 82

CIO Business Intelligence

MARCH 24, 2023

While the incentives for ESG are compelling, managing programs and demonstrating success are fraught with challenges. But by adhering to the right standards and using technology to better organize programs, financial firms can gain a clearer vision of their ESG operations and speed up progress toward their goals.

Risk Management 52

Risk Management Consulting Metrics Data Quality 52

CIO Business Intelligence

JUNE 8, 2023

This demand for skilled IT workers is reflected in the rising average salaries of certain job titles as companies compete for top talent, according to data from the 2023 Dice Tech Salary Report. As demand for this role has grown, salaries for MIS managers have increased by 11% since 2021, according to Dice.

IT 135

IT Digital Transformation Software Risk 135

CIO Business Intelligence

JULY 13, 2023

As demand for computing power continues to rise, the environmental impact of technology cannot be ignored. As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. Companies can focus on this by transitioning to renewable energy and implementing sustainable technology sourcing.

IT 82

IT Internet of Things Strategy IoT 82

IBM Big Data Hub

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

Risk Management 86

Risk Management Risk Management Measurement 86

CIO Business Intelligence

APRIL 29, 2022

A recent report by Enterprise Strategy Group, commissioned by Hewlett Packard Enterprise, explains why data-first thinking matters: because they move faster than their competitors. The challenge is formalizing that in terms of people, process, and technology. Data, not technology, drives the IT operating model.

Digital Transformation 113

Digital Transformation Strategy Data-driven Data Strategy 113

CIO Business Intelligence

MAY 9, 2022

Nearly two decades since the term ESG was coined in a groundbreaking report called, Who Cares Wins , mindful and planet-affirmative investing has become both smart and mainstream. This has expanded the scope of regulatory requirements businesses need to consider and concomitantly increased their concerns regarding risk management.

Insurance 77

Insurance Risk Risk Management Enterprise 77

O'Reilly on Data

DECEMBER 12, 2019

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.

Machine Learning 191

Machine Learning Modeling Testing Risk Management 191

CIO Business Intelligence

MARCH 13, 2024

Even though generative AI is a relatively new technology, it’s now difficult to imagine a world without it, given the impact it’s making, and the business value it can create. We’re seeing a 15 to 20% uplift of productivity across the board,” says Matt Barrington, EY’s Americas emerging technologies leader. for every $1 spent.

IT 124

IT Consulting Testing Cost-Benefit 124

Smart Data Collective

DECEMBER 17, 2021

Therefore, to ensure the regular operation of production, sales and development, enterprises should take advanced and effective measures to back up and protect their data. We talked about the benefits of Zero Trust , but there are other data protection measures that you must take too. What is backup? Benefits of cloud backup.

Cost-Benefit 104

Cost-Benefit Measurement Big Data ROI 104

datapine

MARCH 31, 2022

After acquiring 3 to 5 years of experience, you can specialize in a specific technology or industry and work as an analyst, IT expert, or even go to the management side by working as a BI project manager. As we’ve just seen in the point above, BI is a profession that is on-demand and growing every year.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

JULY 6, 2023

They use integration and analytics tools from the SAP Business Technology Platform along with the PwC best practices to link with client systems and provide a tool to meet the needs of both the goals and the laws. They decided to tap into the SAP Business Network which has connections with over 40 million suppliers around the world.

Cost-Benefit 70

Cost-Benefit Risk Digital Transformation Risk Management 70

IBM Big Data Hub

FEBRUARY 15, 2024

Heavy rain and tropical storms: Climate change alters precipitation patterns, with NASA reporting more frequent periods of excess precipitation. Other climate science innovation could also contribute to climate change mitigation measures, ranging from carbon capture technology to methods of neutralizing ocean acidity.

Insurance 67

Insurance Risk Strategy Risk Management 67

Ontotext

JULY 6, 2023

Changing the game with knowledge graphs So how does knowledge graph technology help enterprises in the Financial Services Industry become data-driven? Let’s consider an example about risk and opportunity event detection. The solution also reduces incident response times, optimizes processes and streamlines asset management.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

CIO Business Intelligence

MARCH 24, 2023

It encompasses the people, processes, and technologies required to manage and protect data assets. Siloed data: Data has a way of becoming siloed and segmented over time, especially as lines of business or other functions develop new data sources, apply new technologies, and the like.

Data Governance 142

Data Governance Management Metadata Data Quality 142