IBM Big Data Hub

JULY 31, 2023

Why mainframe application modernization stalls We’ve experienced global economic uncertainties in recent memory, from the 2008 “too big to fail” crisis to our current post-pandemic high interest rates causing overexposure and insolvency of certain large depositor banks.

Digital Transformation 52

Digital Transformation Uncertainty Risk Data Warehouse 52

Cloudera

FEBRUARY 15, 2024

It’s hard to believe it’s been 15 years since the global financial crisis of 2007/2008. While this might be a blast from the past we’d rather leave in the proverbial rear-view mirror, in March of 2023 we were back to the future with the collapse of Silicon Valley Bank (SVB), the largest US bank to fail since 2008.

Insurance 83

Insurance Data Architecture Risk Management Risk 83

O'Reilly on Data

JULY 15, 2019

After the 2008 financial crisis, the Federal Reserve issued a new set of guidelines governing models— SR 11-7 : Guidance on Model Risk Management. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk. Model risk management. Image by Ben Lorica. model re-training).

Machine Learning 37

Machine Learning Management Enterprise Risk Management 37

Jet Global

APRIL 5, 2021

Risk management. Asset and liability financial models are primarily used by financial institutions (banks and insurance companies) and pension funds (corporate or public) to manage their financial objectives. For example, pension funds must be able to pay pensioners during any economic conditions, including a crisis like 2008.

Modeling 98

Modeling Forecasting Metrics Finance 98

CIO Business Intelligence

MAY 24, 2022

Deloitte estimates that compliance costs for banks have increased by 60% since the financial crisis of 2008, and the Risk Management Association found that 50% of financial institutions spend 6 to 10% of their revenues on compliance.

Risk 135

Risk Reporting Marketing Risk Management 135

CIO Business Intelligence

MARCH 22, 2022

At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. . Prior to joining Fractal, Tiwari was senior vice-president and global CISO at Airtel, where he set up the managed security services initiative Airtel Secure for Business.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

Smart Data Collective

FEBRUARY 28, 2023

Although Bridgewater Associates brought the risk parity fund to the market, they didn’t define the word until 2005, when Edward Qian of PanAgora Asset Management used it for the first time in a white paper he published. Risk Parity was one of Andrew Zaytsev of Alan Biller and Partners’ investing categories in 2008.

Machine Learning 84

Machine Learning Risk Cost-Benefit Marketing 84

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. FRTB is designed to address some fundamental weaknesses that did not get addressed in the post-2008 financial crisis regulatory reforms.

Risk 55

Risk Machine Learning Risk Management Measurement 55

Cloudera

JUNE 23, 2021

A prominent example was seen in 2008, when a drought in key grain-producing regions—combined with rising biofuel demand, high oil prices, decreasing grain stocks, and the depreciation of the U.S. When deployed smartly, data can help manage the disruption associated with such natural events. dollar—led to a spike in global grain prices.

Insurance 52

Insurance Risk Modeling Risk Management 52