Remove 2007 Remove Measurement Remove Risk Remove Strategy
article thumbnail

Back to the Financial Regulatory Future

Cloudera

It’s hard to believe it’s been 15 years since the global financial crisis of 2007/2008. There will inevitably be another global financial crisis, but robust data capabilities allow institutions globally to better adapt to regulations, implement compliance strategies, and predict risk.

article thumbnail

What is ITIL? Your guide to the IT Infrastructure Library

CIO Business Intelligence

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. The five volumes remained, and ITIL 2007 and ITIL 2011 remained similar.

IT 105
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

What is COBIT? A framework for alignment and governance

CIO Business Intelligence

COBIT is an IT management framework developed by the ISACA to help businesses develop, organize, and implement strategies around information management and IT governance. COBIT 2019 was introduced to build governance strategies that are more flexible and collaborative and that address new and changing technology.

article thumbnail

Combine transactional, streaming, and third-party data on Amazon Redshift for financial services

AWS Big Data

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. Apart from generating regulatory reports, these teams require visibility into the health of the reporting systems.

article thumbnail

How Automated Data Lineage Simplifies FRTB Regulatory Compliance

Octopai

Banking activities certainly have their risks, like credit risk (e.g. borrowers defaulting on loans) and operational risk (e.g. If Basel IV defines how to measure credit and operational risk for the purposes of capital reserve requirements, FRTB defines how to measure market risk for the same purpose.

Risk 52
article thumbnail

Data Management Ensures Basel III and IV Compliance

Octopai

Do you ever feel like taking risks? . If you’re a bank, however, taking risks doesn’t just have implications for you, but for all your customers and (if you’re big enough) for the economy as a whole. . The Basel III framework, as well as Basel IV, call for regulation changes in multiple areas, including: Credit risk.

article thumbnail

Towards optimal experimentation in online systems

The Unofficial Google Data Science Blog

the weight given to Likes in our video recommendation algorithm) while $Y$ is a vector of outcome measures such as different metrics of user experience (e.g., Taking measurements at parameter settings further from control parameter settings leads to a lower variance estimate of the slope of the line relating the metric to the parameter.