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Model Risk Management And the Role of Explainable Models(With Python Code)

Analytics Vidhya

This article was published as a part of the Data Science Blogathon. The post Model Risk Management And the Role of Explainable Models(With Python Code) appeared first on Analytics Vidhya. Photo by h heyerlein on Unsplash Introduction Similar to rule-based mathematical.

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ISO 20022: Are your payment systems ready?

IBM Big Data Hub

ISO 20022 data improves payment efficiency The impact of ISO 20022 on payment systems data is significant, as it allows for more detailed information in payment messages. ISO 20022 drives improved analytics and new revenue opportunities ISO 20022 enables more sophisticated payment analytics by providing a richer data set for analysis.

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NeoBanks – The New Age Tech Revolutionizing AI in Banking

bridgei2i

Today, with AI, more sophisticated rules can be developed which address the sparse data problems by factoring in alternate and behavioural data such as smart phone usage and payment behaviour. With AI, apart from the quantitative data, unstructured data systems can be assessed for risk management.

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The Superpowers of Ontotext’s Relation and Event Detector

Ontotext

RED’s focus on news content serves a pivotal function: identifying, extracting, and structuring data on events, parties involved, and subsequent impacts. Risk management : Understanding the correlation between events and stock price fluctuations helps manage risk.

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Commercial Lines Insurance- the End of the Line for All Data

Cloudera

In the last few years, Commercial Insurers have been making great strides in expanding the use of their data. The approach is very evolutionary; the initial focus tends to be aimed at cost savings and starts with structured data. Then there is a recognition that there is so much more that can be done with the data.

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Serving the Public Through Data

Cloudera

Through processing vast amounts of structured and semi-structured data, AI and machine learning enabled effective fraud prevention in real-time on a national scale. . Data analytics can help generate positive outcomes for a country, its citizens, and its businesses.

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Success Stories: Applications and Benefits of Knowledge Graphs in Financial Services

Ontotext

This shift of both a technical and an outcome mindset allows them to establish a centralized metadata hub for their data assets and effortlessly access information from diverse systems that previously had limited interaction. There are four groups of data that are naturally siloed: Structured data (e.g.,