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Driving 15 years of IT transformation in 5

CIO Business Intelligence

Through this strategy, Lovelady and his team have struck the often difficult to balance attributes of business unit flexibility with enterprise scale. “At These include network management, help desk, establishing and enforcing policies related to information security and risk management, and several other IT functions.

IT 111
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What is Model Risk and Why Does it Matter?

DataRobot Blog

The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks. However, after the financial crisis, financial regulators around the world stepped up to the challenge of reigning in model risk across the financial industry.

Risk 111
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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.

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How to Gain Greater Confidence in your Climate Risk Models

Cloudera

Understanding a firm’s exposure to climate risk begins with creating scenarios and gaining better visibility to the impact of a variety of variables on the book of business. Stress testing was heavily scrutinized in the post 2008 financial crisis. A Partnership in Climate Risk Modelling. Assess Variables.

Risk 80
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Banking on mainframe-led digital transformation for financial services

IBM Big Data Hub

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. Why did they fail to launch a new mobile app?

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New CIO appointments in India, 2022

CIO Business Intelligence

Chandegara has over 20 years’ experience in managing IT and communication systems. He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations. February 2022. Amit Goel joins Blox as CTO.

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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. 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.