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What is Model Risk and Why Does it Matter?

DataRobot Blog

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. What is a model?

Risk 111
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How to Gain Greater Confidence in your Climate Risk Models

Cloudera

As part of these efforts, disclosure requirements will mandate that firms provide “the impact of a company’s activities on the environment and society, as well as the business and financial risks faced by a company due to its sustainability exposures.” What are the key climate risk measurements and impacts? They need to understand;

Risk 82
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Cloudera wins Risk Markets Technology Award for Data Management Product of the year

Cloudera

Financial services institutions need the ability to analyze and act on massive volumes of data from diverse sources in order to monitor, model, and manage risk across the enterprise. They need a comprehensive data and analytics platform to model risk exposures on-demand. Cloudera is that platform.

Risk 89
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What is ArchiMate?

erwin

ArchiMate is an enterprise architecture (EA) modeling language from The Open Group and used to communicate an organization’s enterprise architecture. Pronounced “ AR-ki-mayt” , the modeling language’s name comes from a compounding of “ archi tecture” and “ani mate.” The idea being that this makes the standard easier to learn and apply.

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AI for Human Capital Management

DataRobot Blog

For instance, in 2019, the Government Acquisition Office (GAO) researched and identified 35 high-risk hiring areas. The Office of Personnel Management (OPM) began tracking time-to-hire (T2H) requirements in 2008 and found that the average government hire took around 100 days. Use Case Results. Additional DataRobot Use Cases.

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Schrodinger’s Automation in AI and the Automation Bias

Jen Stirrup

The effects of AI will be magnified in the coming decade as manufacturing, retailing, transportation, finance, health care, law, advertising, insurance, entertainment, education, and virtually every other industry transform their core processes and business models to take advantage of machine learning.

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Sentry’s David Cramer on bootstrapping a unicorn

CIO Business Intelligence

Sentry was started as an open source project by David Cramer in 2008 to provide monitoring services for application developers. We rely heavily on automated testing. We knew we had a great product, with a number of paying customers and a fair approach to pricing so churn risk was low. million developers today.

Software 115