Remove 2011 Remove Measurement Remove Risk Management Remove Testing
article thumbnail

What Is Model Risk Management and How is it Supported by Enterprise MLOps?

Domino Data Lab

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management.

article thumbnail

Automating Model Risk Compliance: Model Validation

DataRobot Blog

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.

Risk 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

Themes and Conferences per Pacoid, Episode 8

Domino Data Lab

Also, while surveying the literature two key drivers stood out: Risk management is the thin-edge-of-the-wedge ?for Edge caches become crucial for managing data on its way from web servers to mobile devices. Fun fact: in 2011 Google bought remnants of what had previously been Motorola. for DG adoption in the enterprise.

article thumbnail

Unlock The Power of Your Data With These 19 Big Data & Data Analytics Books

datapine

He founded the project Apache Storm in 2011, which turned to be “one of the world’s most popular stream processors and has been adopted by many of the world’s largest companies, including Yahoo!, Microsoft, Alibaba, Taobao, WebMD, Spotify, Yelp” according to Marz himself. is one of the greatest on the market.

Big Data 263